• Etsy average net profit margin for 2023 was 7.3%, a 135.15% increase from 2022.
• Etsy average net profit margin for 2022 was -20.77%, a 196.47% decline from 2021.
• Etsy average net profit margin for 2021 was 21.53%, a 29.23% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.