Growth Metrics

Etsy (ETSY) Operating Expenses (2016 - 2025)

Etsy's Operating Expenses history spans 12 years, with the latest figure at $514.7 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 7.38% year-over-year to $514.7 million; the TTM value through Dec 2025 reached $1.8 billion, up 8.82%, while the annual FY2025 figure was $1.8 billion, 8.82% up from the prior year.
  • Operating Expenses reached $514.7 million in Q4 2025 per ETSY's latest filing, up from $400.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.4 billion in Q3 2022 to a low of $257.1 million in Q1 2021.
  • Average Operating Expenses over 5 years is $439.1 million, with a median of $392.1 million recorded in 2024.
  • Peak YoY movement for Operating Expenses: surged 366.01% in 2022, then plummeted 73.89% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $365.9 million in 2021, then increased by 20.82% to $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.
  • Per Business Quant, the three most recent readings for ETSY's Operating Expenses are $514.7 million (Q4 2025), $400.7 million (Q3 2025), and $402.7 million (Q2 2025).