Etsy ETSY
NYSE ETSY
$82.04 +0.71 (+0.87%)
As of: Sep 1, 2026 · 2:51 PM EDT

Etsy (ETSY) Net Margin (2014 - 2026)

Etsy's (ETSY) quarterly Net Margin came in at 5.54% in Q1 2026, down 276.0% YoY from 3.15% in Q1 2025, and down 144.12% on a QoQ basis from 12.56% in Q4 2025.

Analysis

Etsy (ETSY) Net Margin (2014 - 2026) Analysis & Trends

Etsy (ETSY) has 13 years of Net Margin data on file, last reported at 5.54% in Q1 2026.

  • Quarterly Net Margin fell 276.0% year-over-year to 5.54% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.29% (down 176.0% YoY) and the FY2025 annual result came in at 5.65%, down 515.0% from the prior year.
  • Net Margin declined to 5.54% in Q1 2026, from 12.56% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 15.24% in Q4 2024 to a low of 162.0% in Q3 2022.
  • A 5-year average of 0.85% and a median of 9.89% in 2023 frame the typical range for Net Margin.
  • Annual changes were most pronounced in 2022 — Net Margin plunged 42677 bps — and 2023, when it surged 17581 bps.
  • Tracing ETSY's Net Margin over 5 years: stood at 13.57% in 2022, then retreated by 27 bps to 9.89% in 2023, then jumped by 54 bps to 15.24% in 2024, then dropped by 18 bps to 12.56% in 2025, then sank by 144 bps to 5.54% in 2026.
  • The last three Net Margin figures came in at 5.54% (Q1 2026), 12.56% (Q4 2025), and 11.14% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Amazon Com 2,735.27 Bn 2,612.28 Bn 198.88 Bn 24.31%
2 PDD Holdings 116.19 Bn -48,010.22 Bn 9.45 Bn 24.19%
3 DoorDash 98.67 Bn 93.32 Bn 2.35 Bn 4.47%
4 Mercadolibre 98.66 Bn 83.46 Bn 4.16 Bn 4.58%
5 Sea 67.43 Bn 59.03 Bn 3.55 Bn 11.53%
6 Ebay 46.79 Bn 43.48 Bn 2.30 Bn 17.55%
7 JD.com 39.63 Bn 7.08 Bn 16.50 Bn 1.85%
8 Coupang 28.43 Bn 22.32 Bn 2.49 Bn -6.44%
9 Wayfair 12.38 Bn 11.24 Bn 1.05 Bn -0.03%
10 Etsy 7.73 Bn 6.61 Bn 484.05 Mn -6.98%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -6.98%
Mar 31, 2026 10.91%
Dec 31, 2025 12.56%
Sep 30, 2025 11.14%
Jun 30, 2025 4.43%
Mar 31, 2025 -8.79%
Dec 31, 2024 15.24%
Sep 30, 2024 8.66%
Jun 30, 2024 8.18%
Mar 31, 2024 9.75%
Dec 31, 2023 9.89%
Sep 30, 2023 13.81%
Jun 30, 2023 9.85%
Mar 31, 2023 11.63%
Dec 31, 2022 13.57%
Sep 30, 2022 -162.00%
Jun 30, 2022 12.50%
Mar 31, 2022 14.87%
Dec 31, 2021 440.34%
Sep 30, 2021 16.89%