Etsy (ETSY) EBT Margin (2014 - 2026)

Etsy (ETSY) reported EBT Margin of 20.48% for Q1 2026, up 2286.0% on a YoY basis from 0.86% in Q1 2025, and up 32.01% quarter-over-quarter from 15.51% in Q4 2025.

Etsy (ETSY) EBT Margin (2014 - 2026) Analysis & Trends

Etsy has reported EBT Margin for 13 years, with the latest figure at 20.48% in Q1 2026.

  • For the quarter ending Q1 2026, EBT Margin rose 2286.0% year-over-year to 20.48%; the trailing twelve-month figure through Mar 2026 stood at 14.29% (up 288.0% YoY), and the FY2025 full-year result was 8.55%, down 607.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 20.48%, up from 15.51% in the prior quarter.
  • The five-year high for EBT Margin was 20.93% in Q4 2024, with the low at 159.64% in Q3 2022.
  • Historically, EBT Margin has averaged 2.16% across 5 years, with a median of 12.68% in 2023.
  • Annual changes were most pronounced in 2022 — EBT Margin tumbled 37754 bps — and 2023, when it surged 17488 bps.
  • Etsy's EBT Margin stood at 15.84% in 2022, then decreased by 18 bps to 12.96% in 2023, then jumped by 61 bps to 20.93% in 2024, then dropped by 26 bps to 15.51% in 2025, then soared by 32 bps to 20.48% in 2026.
  • The last three EBT Margin figures came in at 20.48% (Q1 2026), 15.51% (Q4 2025), and 13.58% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 21.94%
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 6.55%
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 4.73%
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 22.37%
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 20.01%
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn -3.00%
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -0.45%
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -3.55%
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 18.45%
10 Etsy 6.99 Bn 5.56 Bn 455.60 Mn 20.48%

Historic Data

Download Data
DateValue
Mar 31, 2026 20.48%
Dec 31, 2025 15.51%
Sep 30, 2025 13.58%
Jun 30, 2025 7.60%
Mar 31, 2025 -2.38%
Dec 31, 2024 20.93%
Sep 30, 2024 11.14%
Jun 30, 2024 12.19%
Mar 31, 2024 12.33%
Dec 31, 2023 12.96%
Sep 30, 2023 15.24%
Jun 30, 2023 0.86%
Mar 31, 2023 12.68%
Dec 31, 2022 15.84%
Sep 30, 2022 -159.64%
Jun 30, 2022 12.50%
Mar 31, 2022 14.84%
Dec 31, 2021 393.39%
Sep 30, 2021 15.74%
Jun 30, 2021 16.21%