ETSY Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), ETSY reported revenue of $668M, gross profit of $484M (72.4% gross margin), operating income of $125M, and net income of −$46M (-6.9% net margin). The flow of revenue into costs and profit is visualized below.
What changed
ETSY reported a net loss; revenue grew 5.9% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +5.9% | −144.4% | −23.5 pp |
Consensus estimate data is not available for this report.
ETSY Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $668M | 100% |
| Cost of Revenue | −$184M | 27.6% |
| Gross Profit | $484M | 72.4% |
| Research & Development | −$101M | 15.1% |
| Selling, General & Administrative | −$258M | 38.6% |
| Operating Income | $125M | 18.7% |
| Interest Expense | −$6M | 0.8% |
| Other Income, net | $10M | 1.5% |
| Income Tax Expense | −$21M | 3.1% |
| Net Income | −$46M | -6.9% |
Source: ETSY filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.