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

Etsy (ETSY) posted Research & Development of $99.1 million for Q1 2026, down 13.45% quarter-over-quarter from $114.4 million in Q4 2025, and down 1.74% year-on-year from $100.8 million in Q1 2025.

Etsy Inc (ETSY) Research & Development (2014 - 2026) Analysis & Trends

Etsy (ETSY) has reported Research & Development for 13 consecutive years, with $99.1 million the latest figure, recorded in Q1 2026.

  • Research & Development for Q1 2026 came in at $99.1 million, down 1.74% year-over-year; the trailing twelve-month figure through Mar 2026 was $438.7 million (up 1.09% YoY), and the FY2025 annual result was $450.2 million, up 1.61% from the prior year.
  • Research & Development was $99.1 million for Q1 2026 at Etsy, down from $114.4 million in the prior quarter.
  • Over five years, Research & Development peaked at $122.0 million in Q2 2023 and troughed at $89.5 million in Q1 2022.
  • Average Research & Development over 5 years is $109.7 million, with a median of $111.9 million recorded in 2025.
  • Year-over-year, Research & Development soared 66.6% in 2022 and decreased 8.23% in 2025.
  • Over 5 years, Research & Development stood at $112.8 million in 2022, then climbed by 4.17% to $117.5 million in 2023, then fell by 5.13% to $111.5 million in 2024, then grew by 2.67% to $114.4 million in 2025, then retreated by 13.45% to $99.1 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $99.1 million in Q1 2026, $114.4 million in Q4 2025, and $113.4 million in Q3 2025.

Peer Comparison

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