Etsy (ETSY) FCF Margin (2014 - 2026)
Etsy's (ETSY) quarterly FCF Margin came in at 11.46% in Q1 2026, up 386.0% YoY from 2.36% in Q1 2025, and down 69.65% on a QoQ basis from 37.78% in Q4 2025.
Analysis
Etsy (ETSY) FCF Margin (2014 - 2026) Analysis & Trends
Etsy (ETSY) has 13 years of FCF Margin data on file, last reported at 11.46% in Q1 2026.
- Quarterly FCF Margin rose 386.0% year-over-year to 11.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 24.58% (down 130.0% YoY) and the FY2025 annual result came in at 23.51%, down 277.0% from the prior year.
- FCF Margin eased to 11.46% in Q1 2026, from 37.78% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 37.78% in Q4 2025 to a low of 7.61% in Q1 2025.
- A 5-year average of 23.52% and a median of 22.76% in 2024 frame the typical range for FCF Margin.
- The widest YoY moves for FCF Margin: up 1805 bps in 2022, down 71964 bps in 2022.
- Tracing ETSY's FCF Margin over 5 years: stood at 34.64% in 2022, then climbed by 3 bps to 35.82% in 2023, then advanced by 2 bps to 36.49% in 2024, then gained by 4 bps to 37.78% in 2025, then plunged by 70 bps to 11.46% in 2026.
- The last three FCF Margin figures came in at 11.46% (Q1 2026), 37.78% (Q4 2025), and 29.17% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,735.27 Bn | 2,612.28 Bn | 198.88 Bn | -7.06% |
| 2 | PDD Holdings | 116.19 Bn | -48,010.22 Bn | 9.45 Bn | 22.77% |
| 3 | DoorDash | 98.67 Bn | 93.32 Bn | 2.35 Bn | 18.03% |
| 4 | Mercadolibre | 98.66 Bn | 83.46 Bn | 4.16 Bn | 31.67% |
| 5 | Sea | 67.43 Bn | 59.03 Bn | 3.55 Bn | 19.34% |
| 6 | Ebay | 46.79 Bn | 43.48 Bn | 2.30 Bn | 10.40% |
| 7 | JD.com | 39.63 Bn | 7.08 Bn | 16.50 Bn | 6.45% |
| 8 | Coupang | 28.43 Bn | 22.32 Bn | 2.49 Bn | 0.56% |
| 9 | Wayfair | 12.38 Bn | 11.24 Bn | 1.05 Bn | 9.49% |
| 10 | Etsy | 7.73 Bn | 6.61 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% |