Etsy (ETSY) Gross Margin (2014 - 2026)
Etsy's (ETSY) quarterly Gross Margin came in at 72.43% in Q2 2026, down 77.0% on a YoY basis from 314.9% in Q2 2025, and little changed quarter-over-quarter from 72.17% in Q1 2026.
Etsy (ETSY) Gross Margin (2014 - 2026) Analysis & Trends
Etsy (ETSY) has reported Gross Margin for 13 consecutive years, with 72.43% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 77.0% year-over-year to 72.43%; the trailing twelve-month figure through Jun 2026 stood at 72.3% (down 86.0% YoY), and the FY2025 full-year result was 71.64%, down 78.0% from the prior year.
- Gross Margin was little changed at 72.43% in Q2 2026 per ETSY's latest filing, from 72.17% in the prior quarter.
- Across five years, Gross Margin topped out at 74.45% in Q4 2024 and bottomed at 69.5% in Q1 2023.
- Historically, Gross Margin has averaged 71.49% across 5 years, with a median of 71.44% in 2025.
- The sharpest annual moves came in 2022 and 2024: Gross Margin plunged 131264 bps in 2022, then surged 482 bps in 2024.
- Over 5 years, Gross Margin stood at 72.03% in 2022, then dropped by 3 bps to 69.64% in 2023, then advanced by 7 bps to 74.45% in 2024, then slipped by 2 bps to 73.06% in 2025, then decreased by 1 bps to 72.43% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 72.43%, 72.17%, and 73.06% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
Etsy Gross 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=gross-margin&ticker=ETSY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=ETSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();