Etsy (ETSY) EBT Margin (2014 - 2026)
Etsy (ETSY) recorded EBT Margin of 20.20% in Q2 2026, up 9.24 percentage points from 10.95% a year earlier but down 0.28 percentage points from the prior quarter.
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Analysis
Etsy (ETSY) EBT Margin (2014 - 2026) Analysis & Trends
On a TTM basis, Etsy's EBT Margin came in at 17.24% as of Jun 30, 2026, up 6.12 percentage points year-over-year; for FY2025, it was 8.55%, down 6.07 percentage points from FY2024.
- Annual EBT Margin has a five-year change of -12.64 percentage points (FY2020 to FY2025).
- Across earlier years, EBT Margin came in at 14.63% in FY2024 (+3.97 pp), 10.65% in FY2023 (+36.45 pp), -25.80% in FY2022 (-46.05 pp) and 20.25% in FY2021 (-0.94 pp).
- Quarterly EBT Margin has ranged from -159.64% in Q3 2022 to 20.93% in Q4 2024 over the past five years.
- On a year-over-year basis, EBT Margin rose in four of the last eight quarters, with an average year-over-year change of +2.13 percentage points.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 174.88 percentage points in Q3 2023, against a drop of 175.38 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 20.48% (Q1 2026), 15.51% (Q4 2025) and 13.58% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,986.56 Bn | 3,744.09 Bn | 73.85 Bn | 115.82% |
| 2 | Meta Platforms | 1,677.55 Bn | 1,380.07 Bn | 49.47 Bn | 30.85% |
| 3 | Netflix | 278.04 Bn | 238.24 Bn | 6.52 Bn | 32.39% |
| 4 | Alibaba Group Holding | 239.09 Bn | 52.86 Bn | 15.11 Bn | 8.29% |
| 5 | Shopify | 222.23 Bn | 199.42 Bn | 1.71 Bn | 49.54% |
| 6 | Uber Technologies | 139.17 Bn | 110.97 Bn | 6.38 Bn | 23.09% |
| 7 | Booking Holdings | 126.01 Bn | 59.06 Bn | - | 34.82% |
| 8 | Spotify Technology | 117.23 Bn | 74.73 Bn | 1.86 Bn | 15.07% |
| 9 | PDD Holdings | 111.14 Bn | -132.64 Bn | 9.45 Bn | 36.60% |
| 10 | Etsy | 8.38 Bn | 2.75 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 | 20.13% |
| 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();