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Etsy's gross profit for the
three
months ended in Jun. 2026 was $484 Mil. Etsy's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $2,067 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Etsy's gross profit for the
three
months ended in Jun. 2026 was $484 Mil. Etsy's Revenue for the
three
months ended in Jun. 2026 was $668 Mil. Therefore, Etsy's Gross Margin % for the quarter that ended in Jun. 2026 was 72.43%.
Etsy had a gross margin of 72.43% for the quarter that ended in Jun. 2026 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Etsy was 73.07%. The lowest was 65.78%. And the median was 70.42%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Etsy had a gross margin of 72.43% for the quarter that ended in Jun. 2026 => Durable competitive advantage
Etsy Gross Profit Related Terms
Etsy Gross Profit Historical Data
* Premium members only.
The historical data trend for Etsy's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LTS:0IIW vs GLBE, VIPS, CHWY: Gross Profit Comparison
For the Internet Retail subindustry, Etsy's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Etsy Gross Profit vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Etsy's Gross Profit distribution charts can be found below:
* The bar in red indicates where Etsy's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,067 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Etsy's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Etsy (LTS:0IIW) has a Gross Profit of $2,067 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Etsy and its competitors.
Is Etsy's Gross Profit too high?
Etsy's current Gross Profit is $2,067 Mil. Overall, Etsy has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Etsy's Gross Profit compare to GLBE and VIPS?
Etsy's Gross Profit of $2,067 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Retail - Cyclical company?
A good Gross Profit depends on the Retail - Cyclical industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Etsy and its competitors. Etsy's current Gross Profit is $2,067 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etsy stock overvalued right now?
Based on GuruFocus' analysis, Etsy (LTS:0IIW) is currently considered Modestly Overvalued. The stock's GF Value™ is $63.94, compared to a current price of $78.31 — trading 22.5% above its estimated fair value. The current Gross Profit is $2,067 Mil. Etsy's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Etsy (LTS:0IIW), the current Gross Profit is $2,067 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Etsy (LTS:0IIW) Overvalued in 2026?
Based on GuruFocus' analysis, Etsy stock appears to be overvalued.
The current stock price of $78.31 is trading 22.5% above its estimated GF Value™ of $63.94.
GuruFocus considers Etsy to be Modestly Overvalued.
Key valuation signals for LTS:0IIW:
Gross Profit: $2,067 Mil
GF Value™: $63.94 vs. price of $78.31 (22.5% above fair value)
No single metric tells the full story. See the LTS:0IIW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2005, Etsy operates a leading global marketplace, connecting roughly 87 million active buyers and 6 million sellers of unique, handmade, and vintage goods. In fiscal 2025, the firm generated $2.9 billion in revenue and almost $12 billion in gross merchandise sales. The firm monetizes its marketplace primarily through transaction fees and advertising, with core categories spanning homeware, jewelry, apparel, and craft supplies. The US drives 74% of sales, though its core geographic reach extends to the UK, Germany, Canada, and Australia.
79GF Score
Get the complete analysis for LTS:0IIW
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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