An underpants-shaped absorbent article (1) has an up-down direction, a left-right direction, and a front-rear direction that intersect each other. The underpants-shaped absorbent article (1) includes: an absorbent main body (10)； and a first waist portion (20) that is joined to the absorbent main body (10) and that includes a stretchy sheet (24) having stretchability in the left-right direction. The stretchy sheet (24) has a lower end (24b), which is located at a position separated upward in the up-down direction by a predetermined distance (lg) from an upper end (10a) of the absorbent main body (10).
