Etsy (ETSY) Net Margin (2014 - 2026)
Etsy posted quarterly Net Margin of 5.54% for Q1 2026, down 248.0% year-on-year from 3.74% in Q1 2025, and down 144.12% on a QoQ basis from 12.56% in Q4 2025.
Etsy (ETSY) has 13 years of Net Margin data on file, last reported at 5.54% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 248.0% year-over-year to 5.54%; the trailing twelve-month figure through Mar 2026 stood at 6.29% (down 170.0% YoY), and the FY2025 full-year result was 5.65%, down 515.0% from the prior year.
- Net Margin for Q1 2026 stood at 5.54%, down from 12.56% in the prior quarter.
- Across five years, Net Margin topped out at 15.24% in Q4 2024 and bottomed at 162.0% in Q3 2022.
- The 5-year median for Net Margin is 9.89% (2023), against an average of 0.86%.
- The widest annual swing landed in 2022, when Net Margin slumped 42677 bps; it then surged 17581 bps in 2023.
- A 5-year view of Net Margin shows it stood at 13.57% in 2022, then decreased by 27 bps to 9.89% in 2023, then surged by 54 bps to 15.24% in 2024, then declined by 18 bps to 12.56% in 2025, then plunged 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,861.08 Bn | 2,717.99 Bn | 171.21 Bn | 16.68% |
| 2 | Alibaba Group Holding | 348.49 Bn | 315.38 Bn | 12.18 Bn | 10.47% |
| 3 | Mercadolibre | 84.38 Bn | 78.73 Bn | 3.86 Bn | 4.71% |
| 4 | DoorDash | 69.78 Bn | 64.91 Bn | 2.04 Bn | 4.53% |
| 5 | Ebay | 51.86 Bn | 48.00 Bn | 2.29 Bn | - |
| 6 | Coupang | 29.42 Bn | 29.33 Bn | 2.30 Bn | -3.13% |
| 7 | Maplebear | 9.86 Bn | 9.17 Bn | 738.00 Mn | 14.13% |
| 8 | Wayfair | 8.79 Bn | 7.72 Bn | 880.00 Mn | -3.58% |
| 9 | Chewy | 8.58 Bn | 7.71 Bn | 959.70 Mn | 1.20% |
| 10 | Etsy | 6.00 Bn | 4.58 Bn | 455.60 Mn | -5.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.54% |
| Dec 31, 2025 | 12.56% |
| Sep 30, 2025 | 11.14% |
| Jun 30, 2025 | 4.29% |
| Mar 31, 2025 | -3.06% |
| 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% |
| Jun 30, 2021 | 18.58% |
| Mar 31, 2021 | 26.11% |
| Dec 31, 2020 | 24.06% |
| Sep 30, 2020 | 20.32% |
| Jun 30, 2020 | 22.49% |
| Mar 31, 2020 | 5.49% |
| Dec 31, 2019 | 163.58% |
| Sep 30, 2019 | 7.48% |
| Jun 30, 2019 | 10.06% |
| Mar 31, 2019 | 18.65% |
| Dec 31, 2018 | 20.62% |
| Sep 30, 2018 | 13.23% |
| Jun 30, 2018 | 120.68% |
| Mar 31, 2018 | 10.72% |
| Dec 31, 2017 | 32.81% |
| Sep 30, 2017 | 24.25% |
| Jun 30, 2017 | 11.47% |
| Mar 31, 2017 | -0.43% |
| Dec 31, 2016 | -19.40% |
| Sep 30, 2016 | -2.74% |
| Jun 30, 2016 | -8.57% |
| Mar 31, 2016 | 1.46% |
| Dec 31, 2015 | -4.81% |
| Sep 30, 2015 | -10.49% |
| Jun 30, 2015 | -10.35% |
| Mar 31, 2015 | -62.49% |
| Dec 31, 2014 | -8.25% |
| Sep 30, 2014 | -13.16% |
| Jun 30, 2014 | -7.41% |
| Mar 31, 2014 | -1.14% |