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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Etsy (ETSY) Gross Margin (2020 - 2025)

Etsy's Gross Margin history spans 12 years, with the latest figure at 73.06% for Q4 2025.

  • For Q4 2025, Gross Margin fell 140.0% year-over-year to 73.06%; the TTM value through Dec 2025 reached 71.64%, down 78.0%, while the annual FY2025 figure was 71.64%, 78.0% down from the prior year.
  • Gross Margin reached 73.06% in Q4 2025 per ETSY's latest filing, up from 71.29% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 1384.67% in Q4 2021 to a low of 69.5% in Q1 2023.
  • Average Gross Margin over 5 years is 136.99%, with a median of 71.18% recorded in 2021.
  • Peak YoY movement for Gross Margin: skyrocketed 130909bps in 2021, then tumbled -131264bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 1384.67% in 2021, then crashed by -95bps to 72.03% in 2022, then dropped by -3bps to 69.64% in 2023, then increased by 7bps to 74.45% in 2024, then fell by -2bps to 73.06% in 2025.
  • Per Business Quant, the three most recent readings for ETSY's Gross Margin are 73.06% (Q4 2025), 71.29% (Q3 2025), and 71.23% (Q2 2025).