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

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

• Quarterly Research & Development fell 42.36% year-over-year to $99.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $724.6 million (up 117.07% YoY) and the FY2025 annual result came in at $914.8 million, up 106.48% from the prior year.
• Research & Development declined to $99.1 million in Q1 2026, from $305.9 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $305.9 million in Q4 2025 to a low of -$128.3 million in Q4 2024.
• A 5-year average of $124.8 million and a median of $115.9 million in 2023 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2024 — Research & Development tumbled 345.82% — and 2025, when it soared 338.32%.
• Tracing ETSY's Research & Development over 5 years: stood at $112.8 million in 2022, then slumped by 125.52% to -$28.8 million in 2023, then plunged by 345.82% to -$128.3 million in 2024, then jumped by 338.32% to $305.9 million in 2025, then slumped by 67.62% to $99.1 million in 2026.
• The last three Research & Development figures came in at $99.1 million (Q1 2026), $305.9 million (Q4 2025), and $207.8 million (Q3 2025), per Business Quant data.