Etsy Inc (ETSY) Operating Expenses (2014 - 2026)

Etsy (ETSY) posted Operating Expenses of $335.8 million for Q1 2026, down 34.77% quarter-over-quarter from $514.7 million in Q4 2025, and down 25.1% year-on-year from $448.3 million in Q1 2025.

Etsy Inc (ETSY) Operating Expenses (2014 - 2026) Analysis & Trends

Etsy (ETSY) has reported Operating Expenses for 13 consecutive years, with $335.8 million the latest figure, recorded in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $335.8 million, down 25.1% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.7 billion (down 3.35% YoY), and the FY2025 annual result was $1.8 billion, up 8.82% from the prior year.
  • Operating Expenses was $335.8 million for Q1 2026 at Etsy, down from $514.7 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.4 billion in Q3 2022 and troughed at $322.0 million in Q1 2022.
  • Average Operating Expenses over 5 years is $463.3 million, with a median of $400.7 million recorded in 2025.
  • Year-over-year, Operating Expenses soared 366.01% in 2022 and sank 73.89% in 2023.
  • Over 5 years, Operating Expenses stood at $442.1 million in 2022, then climbed by 6.56% to $471.1 million in 2023, then climbed by 1.75% to $479.3 million in 2024, then climbed by 7.38% to $514.7 million in 2025, then plunged by 34.77% to $335.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $335.8 million in Q1 2026, $514.7 million in Q4 2025, and $400.7 million in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 335.75 Mn
Dec 31, 2025 514.69 Mn
Sep 30, 2025 400.67 Mn
Jun 30, 2025 402.69 Mn
Mar 31, 2025 448.28 Mn
Dec 31, 2024 479.34 Mn
Sep 30, 2024 389.95 Mn
Jun 30, 2024 393.55 Mn
Mar 31, 2024 390.73 Mn
Dec 31, 2023 471.11 Mn
Sep 30, 2023 358.92 Mn
Jun 30, 2023 442.61 Mn
Mar 31, 2023 367.23 Mn
Dec 31, 2022 442.12 Mn
Sep 30, 2022 1.37 Bn
Jun 30, 2022 341.15 Mn
Mar 31, 2022 321.96 Mn
Dec 31, 2021 365.92 Mn
Sep 30, 2021 295.03 Mn
Jun 30, 2021 290.83 Mn