Etsy (ETSY) FCF Margin (2014 - 2026)
Etsy's (ETSY) quarterly FCF Margin came in at 23.85% in Q2 2026, up 642.0% on a YoY basis from 3.21% in Q2 2025, and up 59.88% quarter-over-quarter from 14.92% in Q1 2026.
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Etsy (ETSY) FCF Margin (2014 - 2026) Analysis & Trends
Etsy (ETSY) has reported FCF Margin for 13 consecutive years, with 23.85% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin rose 642.0% year-over-year to 23.85%; the trailing twelve-month figure through Jun 2026 stood at 26.48% (up 225.0% YoY), and the FY2025 full-year result was 22.69%, down 307.0% from the prior year.
- FCF Margin climbed to 23.85% in Q2 2026 per ETSY's latest filing, from 14.92% in the prior quarter.
- Across five years, FCF Margin topped out at 36.21% in Q4 2024 and bottomed at 6.68% in Q1 2025.
- Historically, FCF Margin has averaged 23.4% across 5 years, with a median of 23.07% in 2026.
- The widest YoY moves for FCF Margin: up 1760 bps in 2022, down 71858 bps in 2022.
- Over 5 years, FCF Margin stood at 35.7% in 2022, then decreased by 4 bps to 34.16% in 2023, then advanced by 6 bps to 36.21% in 2024, then declined by 3 bps to 35.07% in 2025, then slumped by 32 bps to 23.85% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 23.85%, 14.92%, and 35.07% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | 33.57% |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 49.55% |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | 22.77% |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 35.20% |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 31.67% |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 10.40% |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 29.64% |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 46.12% |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | - |
| 10 | Etsy | 6.70 Bn | 5.58 Bn | 484.05 Mn | 23.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.85% |
| Mar 31, 2026 | 14.92% |
| Dec 31, 2025 | 35.07% |
| Sep 30, 2025 | 28.68% |
| Jun 30, 2025 | 17.43% |
| Mar 31, 2025 | 6.68% |
| Dec 31, 2024 | 36.21% |
| Sep 30, 2024 | 31.50% |
| Jun 30, 2024 | 22.29% |
| Mar 31, 2024 | 9.53% |
| Dec 31, 2023 | 34.16% |
| Sep 30, 2023 | 33.24% |
| Jun 30, 2023 | 20.61% |
| Mar 31, 2023 | 7.75% |
| Dec 31, 2022 | 35.70% |
| Sep 30, 2022 | 33.85% |
| Jun 30, 2022 | 20.54% |
| Mar 31, 2022 | 9.24% |
| Dec 31, 2021 | 754.28% |
| Sep 30, 2021 | 16.25% |
API Access
Etsy FCF 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=fcf-margin&ticker=ETSY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=ETSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();