Etsy (ETSY) Gross Margin (2014 - 2026)
Etsy's Gross Margin was 72.43% in Q2 2026, down 0.77 percentage points from 73.20% a year earlier but up 0.26 percentage points from the prior quarter.
Etsy (ETSY) Gross Margin (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Etsy's Gross Margin was 72.30% through Jun 30, 2026, down 0.86 percentage points year-over-year; for FY2025, it was 71.64%, down 0.78 percentage points from FY2024.
- Gross Margin shows a five-year change of -1.43 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 72.42% in FY2024 (+2.57 pp), 69.85% in FY2023 (-1.14 pp), 70.98% in FY2022 (-0.92 pp) and 71.90% in FY2021 (-1.17 pp).
- Quarterly Gross Margin has moved between 69.50% (Q1 2023) and 74.45% (Q4 2024) over five years.
- Compared with a year earlier, Gross Margin has declined for four straight quarters, with an average year-over-year change of +0.80 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q4 2024 (a gain of 4.82 percentage points); the worst was Q4 2021 (a drop of 4.72 percentage points).
- Per Business Quant data, ETSY's Gross Margin in the three quarters before Q2 2026 was 72.17% (Q1 2026), 73.06% (Q4 2025) and 71.29% (Q3 2025).
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();