Filing Flows › Etsy (ETSY) › R&D spending
Etsy (ETSY) R&D spending by quarter
Etsy's R&D spending was $111M in Q3 2026 (third quarter 2026), +10% from Q2 2026. Over the last 6 quarters it ranged from $99.1M (Q1 2026) to $114M (Q4 2025).
| Quarter | R&D spending | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $111M | +10% | -2% |
| Q2 2026 | $101M | +2% | — |
| Q1 2026 | $99.1M | -13% | -10% |
| Q4 2025 | $114M | +0.9% | — |
| Q3 2025 | $113M | +3% | — |
| Q1 2025 | $111M | — | — |
Q3 2026 at a glance
Etsy, Q3 2026: revenue $692M (+11% year over year), operating margin 16.1%, net earnings $854M, operating cash flow $160M. The chart follows the revenue to costs, profit and cash.
Questions
What is Etsy's R&D spending?
Etsy's R&D spending was $111M in Q3 2026 (third quarter 2026), +10% from Q2 2026.
How has Etsy's R&D spending changed?
Over the last 6 quarters it ranged from $99.1M (Q1 2026) to $114M (Q4 2025).