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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 (2014 - 2026)

Etsy posted quarterly Gross Margin of 72.17% for Q1 2026, down 42.0% year-on-year from 124.43% in Q1 2025, and down 1.21% on a QoQ basis from 73.06% in Q4 2025.

Etsy (ETSY) has 13 years of Gross Margin data on file, last reported at 72.17% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 42.0% year-over-year to 72.17%; the trailing twelve-month figure through Mar 2026 stood at 72.01% (down 77.0% YoY), and the FY2025 full-year result was 71.64%, down 78.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 72.17%, down from 73.06% 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.
  • The 5-year median for Gross Margin is 71.23% (2025), against an average of 71.32%.
  • The widest annual swing landed in 2022, when Gross Margin sank 131264 bps; it then jumped 482 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 72.03% in 2022, then slipped by 3 bps to 69.64% in 2023, then gained by 7 bps to 74.45% in 2024, then decreased by 2 bps to 73.06% in 2025, then slipped by 1 bps to 72.17% in 2026.
  • The last three Gross Margin figures came in at 72.17% (Q1 2026), 73.06% (Q4 2025), and 71.29% (Q3 2025), per Business Quant data.