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

Etsy has reported Research & Development for 13 years, with the latest figure 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.
• The five-year high for Research & Development was $122.0 million in Q2 2023, with the low at $89.5 million in Q1 2022.
• Historically, Research & Development has averaged $109.7 million across 5 years, with a median of $111.9 million in 2025.
• Annual changes were most pronounced in 2022 — Research & Development jumped 66.6% — and 2025, when it fell 8.23%.
• Etsy's Research & Development stood at $112.8 million in 2022, then rose by 4.17% to $117.5 million in 2023, then slipped by 5.13% to $111.5 million in 2024, then gained by 2.67% to $114.4 million in 2025, then dropped 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.