Etsy (ETSY) EBT Margin (2014 - 2026)
Etsy's (ETSY) quarterly EBT Margin came in at 20.2% in Q2 2026, up 924.0% on a YoY basis from 1.97% in Q2 2025, and down 1.37% quarter-over-quarter from 20.48% in Q1 2026.
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Etsy (ETSY) EBT Margin (2014 - 2026) Analysis & Trends
Etsy (ETSY) has reported EBT Margin for 13 consecutive years, with 20.2% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin rose 924.0% year-over-year to 20.2%; the trailing twelve-month figure through Jun 2026 stood at 17.24% (up 612.0% YoY), and the FY2025 full-year result was 8.55%, down 607.0% from the prior year.
- EBT Margin fell to 20.2% in Q2 2026 per ETSY's latest filing, from 20.48% in the prior quarter.
- Across five years, EBT Margin topped out at 20.93% in Q4 2024 and bottomed at 159.64% in Q3 2022.
- Historically, EBT Margin has averaged 3.35% across 5 years, with a median of 12.82% in 2023.
- The sharpest annual moves came in 2022 and 2023: EBT Margin plunged 37754 bps in 2022, then soared 17488 bps in 2023.
- Over 5 years, EBT Margin stood at 15.84% in 2022, then dropped by 18 bps to 12.96% in 2023, then soared by 61 bps to 20.93% in 2024, then fell by 26 bps to 15.51% in 2025, then surged by 30 bps to 20.2% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 20.2%, 20.48%, and 15.51% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | 9.82% |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 34.82% |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | 36.60% |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 24.86% |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 5.96% |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 21.22% |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 23.80% |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 14.09% |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | - |
| 10 | Etsy | 6.70 Bn | 5.58 Bn | 484.05 Mn | 20.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.20% |
| Mar 31, 2026 | 20.48% |
| Dec 31, 2025 | 15.51% |
| Sep 30, 2025 | 13.58% |
| Jun 30, 2025 | 10.95% |
| 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% |
API Access
Etsy EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=ETSY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "ETSY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=ETSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();