Quick Answer
ETSY INC reported R&D Expense of $450.19 million for fiscal year 2025.
ETSY INC R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $450.19M | +1.6% |
| 2024 | $443.06M | -5.6% |
| 2023 | $469.33M | +13.8% |
| 2022 | $412.40M | +51.9% |
| 2021 | $271.54M | +50.8% |
| 2020 | $180.08M | +47.8% |
| 2019 | $121.88M | +25.3% |
| 2018 | $97.25M | +30.3% |
| 2017 | $74.62M | +35.5% |
| 2016 | $55.08M | +29.0% |
| 2015 | $42.69M | +16.5% |
| 2014 | $36.63M | +33.0% |
| 2013 | $27.55M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $113.38M | +5.7% | +1.4% |
| June 30, 2025 | $111.86M | -2.3% | +1.2% |
| March 31, 2025 | $110.51M | +0.6% | +3.0% |
| September 30, 2024 | $107.25M | -5.9% | -6.3% |
| June 30, 2024 | $114.49M | -6.1% | +4.2% |
| March 31, 2024 | $109.85M | -5.2% | -3.6% |
| September 30, 2023 | $113.93M | +5.5% | -6.6% |
| June 30, 2023 | $121.99M | +19.5% | +5.2% |
- ETSY INC showed an increase of +1.6% in R&D Expense compared to the prior fiscal year.
- Over the 2013–2025 period, ETSY INC’s r&d expense has grown by 1534.2% (from $27.55 million to $450.19 million).
- The most recent figure is from ETSY INC’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 19, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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