Etsy Gross Merchandise Sales (GMS)

Etsy Statistics

Gross merchandise sales, or GMS, is the dollar value of items sold in all Etsy marketplaces and includes Depop, Reverb, and Elo7 marketplaces.

Etsy defines this as:

Gross merchandise sales (“GMS”) is the dollar value of items sold in our markets within the applicable period, excluding shipping fees and net of refunds associated with canceled transactions.

Last reported quarter 2025 Q1 it was $2.79 billion, down by -7% year-over-year from $2.99 billion. From $13.16 billion in 2023 it decreased by -3% to $12.72 billion in 2024.

Created with Highcharts 6.2.0Etsy Gross Merchandise Sales (GMS)2008 Q12008 Q32009 Q12009 Q32010 Q12010 Q32011 Q12011 Q32012 Q12012 Q32013 Q12013 Q32014 Q12014 Q32015 Q12015 Q32016 Q12016 Q32017 Q12017 Q32018 Q12018 Q32019 Q12019 Q32020 Q12020 Q32021 Q12021 Q32022 Q12022 Q32023 Q12023 Q32024 Q12024 Q32025 Q1$0$1G$2G$3G$4G$5GSource: Etsy Quarterly Results

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