Etsy ETSY
NYSE ETSY
$73.44 +0.85 (+1.16%)
As of: Sep 21, 2026 · 3:59 PM EDT

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.

Analysis

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.
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Etsy Gross Margin API

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