Growth Metrics

Etsy (ETSY) Research & Development (2014 - 2026)

Etsy posted quarterly Research & Development of $99.1 million for Q1 2026, down 1.74% year-on-year from $100.8 million in Q1 2025, and down 13.45% on a QoQ basis from $114.4 million in Q4 2025.

Etsy (ETSY) has 13 years of Research & Development data on file, last reported at $99.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development fell 1.74% year-over-year to $99.1 million; the trailing twelve-month figure through Mar 2026 stood at $438.7 million (up 1.09% YoY), and the FY2025 full-year result was $450.2 million, up 1.61% from the prior year.
  • Research & Development for Q1 2026 stood at $99.1 million, down from $114.4 million in the prior quarter.
  • Across five years, Research & Development topped out at $122.0 million in Q2 2023 and bottomed at $89.5 million in Q1 2022.
  • The 5-year median for Research & Development is $111.9 million (2025), against an average of $109.7 million.
  • The widest annual swing landed in 2022, when Research & Development jumped 66.6%; it then fell 8.23% in 2025.
  • A 5-year view of Research & Development shows it stood at $112.8 million in 2022, then gained by 4.17% to $117.5 million in 2023, then dropped by 5.13% to $111.5 million in 2024, then advanced by 2.67% to $114.4 million in 2025, then declined by 13.45% to $99.1 million in 2026.
  • The last three Research & Development figures came in at $99.1 million (Q1 2026), $114.4 million (Q4 2025), and $113.4 million (Q3 2025), per Business Quant data.

Historic Data

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DateValue
Mar 31, 2026 99.05 Mn
Dec 31, 2025 114.44 Mn
Sep 30, 2025 113.38 Mn
Jun 30, 2025 111.86 Mn
Mar 31, 2025 100.81 Mn
Dec 31, 2024 111.47 Mn
Sep 30, 2024 107.25 Mn
Jun 30, 2024 114.49 Mn
Mar 31, 2024 109.85 Mn
Dec 31, 2023 117.49 Mn
Sep 30, 2023 113.93 Mn
Jun 30, 2023 121.99 Mn
Mar 31, 2023 115.92 Mn
Dec 31, 2022 112.79 Mn
Sep 30, 2022 108.04 Mn
Jun 30, 2022 102.10 Mn
Mar 31, 2022 89.48 Mn
Dec 31, 2021 82.56 Mn
Sep 30, 2021 73.52 Mn
Jun 30, 2021 61.75 Mn
Mar 31, 2021 53.71 Mn
Dec 31, 2020 51.16 Mn
Sep 30, 2020 45.91 Mn
Jun 30, 2020 45.23 Mn
Mar 31, 2020 37.78 Mn
Dec 31, 2019 35.70 Mn
Sep 30, 2019 32.47 Mn
Jun 30, 2019 28.77 Mn
Mar 31, 2019 24.95 Mn
Dec 31, 2018 28.54 Mn
Sep 30, 2018 24.42 Mn
Jun 30, 2018 23.57 Mn
Mar 31, 2018 20.72 Mn
Dec 31, 2017 17.79 Mn
Sep 30, 2017 16.96 Mn
Jun 30, 2017 21.75 Mn
Mar 31, 2017 18.12 Mn
Dec 31, 2016 16.12 Mn
Sep 30, 2016 14.90 Mn
Jun 30, 2016 11.84 Mn
Mar 31, 2016 12.23 Mn
Dec 31, 2015 11.21 Mn
Sep 30, 2015 11.41 Mn
Jun 30, 2015 10.07 Mn
Mar 31, 2015 10.01 Mn
Dec 31, 2014 9.72 Mn
Sep 30, 2014 10.08 Mn
Jun 30, 2014 8.79 Mn
Mar 31, 2014 8.04 Mn