Etsy Inc (ETSY) Gross Margin (2014 - 2026)

Etsy (ETSY) has reported Gross Margin for 13 consecutive years, with 72.17% the latest figure, recorded in Q1 2026.

• Gross Margin for Q1 2026 came in at 72.17%, down 42.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 72.01% (down 77.0% YoY), and the FY2025 annual result was 71.64%, down 78.0% from the prior year.
• Gross Margin was 72.17% for Q1 2026 at Etsy, down from 73.06% in the prior quarter.
• Over five years, Gross Margin peaked at 74.45% in Q4 2024 and troughed at 69.5% in Q1 2023.
• Average Gross Margin over 5 years is 71.32%, with a median of 71.23% recorded in 2025.
• Year-over-year, Gross Margin sank 131264 bps in 2022 and soared 482 bps in 2024.
• Over 5 years, Gross Margin stood at 72.03% in 2022, then declined by 3 bps to 69.64% in 2023, then climbed by 7 bps to 74.45% in 2024, then dropped by 2 bps to 73.06% in 2025, then declined by 1 bps to 72.17% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 72.17% in Q1 2026, 73.06% in Q4 2025, and 71.29% in Q3 2025.