Growth Metrics

Etsy (ETSY) Research & Development (2016 - 2026)

Etsy (ETSY) has disclosed Research & Development for 13 consecutive years, with $99.1 million as the latest value for Q1 2026.

  • For Q1 2026, Research & Development fell 1.74% year-over-year to $99.1 million; the TTM value through Mar 2026 reached $438.7 million, up 1.09%, while the annual FY2025 figure was $450.2 million, 1.61% up from the prior year.
  • Research & Development hit $99.1 million in Q1 2026 for Etsy, 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.
  • 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 surged 66.6% in 2022 and then dropped 8.23% in 2025.
  • Etsy's Research & Development stood at $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, then fell by 13.45% to $99.1 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods came in at $99.1 million, $114.4 million, and $113.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.