Growth Metrics

Etsy (ETSY) Operating Expenses (2016 - 2026)

Etsy (ETSY) has disclosed Operating Expenses for 13 consecutive years, with $335.8 million as the latest value for Q1 2026.

  • For Q1 2026, Operating Expenses fell 25.1% year-over-year to $335.8 million; the TTM value through Mar 2026 reached $1.7 billion, down 3.35%, while the annual FY2025 figure was $1.8 billion, 8.82% up from the prior year.
  • Operating Expenses hit $335.8 million in Q1 2026 for Etsy, down from $514.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.4 billion in Q3 2022 and bottomed 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 surged 366.01% in 2022 and then plummeted 73.89% in 2023.
  • Etsy's Operating Expenses stood at $442.1 million in 2022, then increased by 6.56% to $471.1 million in 2023, then increased by 1.75% to $479.3 million in 2024, then increased by 7.38% to $514.7 million in 2025, then tumbled by 34.77% to $335.8 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $335.8 million, $514.7 million, and $400.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.