The 17β-hydroxysteroid dehydrogenases (17β-HSDs) are key enzymes in the downstream process of steroid hormone biosynthesis. To date, relatively little is known about the role of 17β-HSDs in marine gastropods. In the present study, a putative cDNA sequence encoding type 12 17β-HSD (17β-HSD-12) was identified in abalone (Haliotis diversicolor supertexta). The full-length cDNA was 1,978 bp, including an open reading frame (ORF) of 963 bp that encoded a protein of 321 amino acids. Comparative structural analysis revealed that abalone 17β-HSD-12 shared 39.8-42.8% amino acid identity with other 17β-HSD-12 homologues and that the functional domains were well conserved. Phylogenetic analysis revealed that abalone 17β-HSD-12 belonged to the short-chain dehydrogenases/reductases (SDRs) family. Functional analysis following transient transfection of the ORF in human embryonic kidney-293 (HEK-293) cells indicated that abalone 17β-HSD-12 had the ability to convert estrone (E1) into estradiol (E2). Expression analysis in vivo demonstrated that abalone 17β-HSD-12 was differentially expressed during the three reproductive stages (pre-spawning, spawning, and post-spawning). These results indicate that abalone 17β-HSD-12 is an SDR family member with a key role in steroidogenesis during the reproductive period.