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| Date | Value |
|---|---|
| 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% |