Growth Metrics

Etsy (ETSY) Research & Development (2016 - 2025)

Etsy's Research & Development history spans 12 years, with the latest figure at $114.4 million for Q4 2025.

  • For Q4 2025, Research & Development rose 2.67% year-over-year to $114.4 million; the TTM value through Dec 2025 reached $450.2 million, up 1.61%, while the annual FY2025 figure was $450.2 million, 1.61% up from the prior year.
  • Research & Development reached $114.4 million in Q4 2025 per ETSY's latest filing, up from $113.4 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $122.0 million in Q2 2023 to a low of $53.7 million in Q1 2021.
  • Average Research & Development over 5 years is $102.3 million, with a median of $111.0 million recorded in 2024.
  • Peak YoY movement for Research & Development: surged 66.6% in 2022, then fell 6.14% in 2024.
  • A 5-year view of Research & Development shows it stood at $82.6 million in 2021, then skyrocketed by 36.62% to $112.8 million in 2022, then increased by 4.17% to $117.5 million in 2023, then decreased by 5.13% to $111.5 million in 2024, then rose by 2.67% to $114.4 million in 2025.
  • Per Business Quant, the three most recent readings for ETSY's Research & Development are $114.4 million (Q4 2025), $113.4 million (Q3 2025), and $111.9 million (Q2 2025).