W · Wayfair Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.93B | - | $3.12B | $3.27B | $2.73B | - | $2.88B | $3.12B | $2.73B | - |
| Cost of Revenue | $2.05B | - | $2.18B | $2.29B | $1.89B | - | $2.01B | $2.18B | $1.91B | - |
| Gross Profit | $880.00M | - | $934.00M | $984.00M | $837.00M | - | $873.00M | $941.00M | $819.00M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $891.00M | - | $896.00M | $967.00M | $959.00M | - | $947.00M | $976.00M | $1.05B | - |
| D&A | $67.00M | - | $75.00M | $78.00M | $81.00M | - | $94.00M | $99.00M | $104.00M | - |
| Operating Income | ($11.00M) | - | $38.00M | $17.00M | ($122.00M) | - | ($74.00M) | ($35.00M) | ($235.00M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $1.00M | - | $2.00M | $2.00M | $3.00M | - | $3.00M | $2.00M | $3.00M | - |
| Net Income | ($105.00M) | - | ($99.00M) | $15.00M | ($113.00M) | - | ($74.00M) | ($42.00M) | ($248.00M) | - |
| EPS - Basic | ($0.80) | - | ($0.76) | $0.11 | ($0.89) | - | ($0.60) | ($0.34) | ($2.06) | - |
| EPS - Diluted | ($0.80) | - | ($0.76) | $0.11 | ($0.89) | - | ($0.60) | ($0.34) | ($2.06) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.00B | $1.48B | $1.17B | $1.33B | $1.34B | $1.32B | $1.30B | $1.25B | $1.11B | $1.32B |
| Accounts Receivable | $158.00M | $132.00M | $129.00M | $110.00M | $140.00M | $155.00M | $155.00M | $161.00M | $113.00M | $140.00M |
| Inventory | $78.00M | $71.00M | $70.00M | $89.00M | $90.00M | $76.00M | $81.00M | $78.00M | $81.00M | $75.00M |
| Accounts Payable | $1.09B | $1.20B | $1.20B | $1.14B | $1.12B | $1.25B | $1.19B | $1.17B | $1.05B | $1.23B |
| Current Assets | $1.57B | $2.00B | $1.68B | $1.81B | $1.89B | $1.88B | $1.81B | $1.82B | $1.59B | $1.85B |
| Total Assets | $2.87B | $3.44B | $3.12B | $3.28B | $3.42B | $3.46B | $3.41B | $3.44B | $3.24B | $3.47B |
| Current Liabilities | $2.06B | $2.13B | $2.25B | $2.21B | $2.28B | $2.37B | $2.17B | $2.21B | $2.02B | $2.18B |
| Long-term Debt | $2.93B | $3.23B | $2.75B | $2.88B | $3.00B | $2.88B | $3.06B | $3.06B | $3.10B | $3.09B |
| Total Liabilities | $5.71B | $6.22B | $5.88B | $6.00B | $6.23B | $6.21B | $6.15B | $6.20B | $6.07B | $6.18B |
| Stockholders' Equity | ($2.84B) | ($2.78B) | ($2.77B) | ($2.72B) | ($2.81B) | ($2.75B) | ($2.73B) | ($2.76B) | ($2.83B) | ($2.71B) |
| Retained Earnings | ($4.93B) | ($4.82B) | ($4.71B) | ($4.61B) | ($4.62B) | ($4.51B) | ($4.38B) | ($4.31B) | ($4.27B) | ($4.02B) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($52.00M) | - | - | - | ($96.00M) | - | - | - | ($139.00M) | - |
| Investing Cash Flow | ($46.00M) | - | - | - | ($17.00M) | - | - | - | ($75.00M) | - |
| Financing Cash Flow | ($378.00M) | - | - | - | $140.00M | - | - | - | $0 | - |
| CapEx | $25.00M | - | - | - | $5.00M | - | - | - | $13.00M | - |
| Free Cash Flow | ($77.00M) | - | - | - | ($101.00M) | - | - | - | ($152.00M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 30.0% | - | 30.0% | 30.1% | 30.7% | - | 30.3% | 30.2% | 30.0% | - |
| Operating margin | -0.4% | - | 1.2% | 0.5% | -4.5% | - | -2.6% | -1.1% | -8.6% | - |
| EBITDA margin | 1.9% | - | 3.6% | 2.9% | -1.5% | - | 0.7% | 2.1% | -4.8% | - |
| Net margin | -3.6% | - | -3.2% | 0.5% | -4.1% | - | -2.6% | -1.3% | -9.1% | - |
| Free cash flow margin | -2.6% | - | - | - | -3.7% | - | - | - | -5.6% | - |
| FCF / Net income | 0.73 | - | - | - | 0.89 | - | - | - | 0.61 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | 11.8% | - | - | - | - | - | - |
| Return on assets | -3.7% | - | -3.2% | 0.5% | -3.3% | - | -2.2% | -1.2% | -7.7% | - |
| Return on equity | 3.7% | - | 3.6% | -0.6% | 4.0% | - | 2.7% | 1.5% | 8.8% | - |
| Return on invested capital | -9.8% | - | - | 9.1% | -50.5% | - | -17.8% | -9.2% | -68.8% | - |
| Liquidity | ||||||||||
| Current ratio | 0.76 | 0.94 | 0.74 | 0.82 | 0.83 | 0.79 | 0.84 | 0.83 | 0.78 | 0.85 |
| Quick ratio | 0.73 | 0.91 | 0.71 | 0.78 | 0.79 | 0.76 | 0.80 | 0.79 | 0.74 | 0.82 |
| Cash ratio | 0.49 | 0.69 | 0.52 | 0.60 | 0.59 | 0.56 | 0.60 | 0.57 | 0.55 | 0.61 |
| Leverage | ||||||||||
| Debt / Equity | -1.03 | -1.16 | -0.99 | -1.06 | -1.07 | -1.05 | -1.12 | -1.11 | -1.10 | -1.14 |
| Debt / Assets | 1.02 | 0.94 | 0.88 | 0.88 | 0.88 | 0.83 | 0.90 | 0.89 | 0.96 | 0.89 |
| Debt / EBITDA | 52.34 | - | 24.32 | 30.36 | - | - | 153.05 | 47.80 | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -1.01 | -1.24 | -1.13 | -1.21 | -1.22 | -1.26 | -1.25 | -1.24 | -1.15 | -1.28 |
| Liabilities / Assets | 1.99 | 1.81 | 1.89 | 1.83 | 1.82 | 1.80 | 1.80 | 1.80 | 1.87 | 1.78 |
| Efficiency | ||||||||||
| Asset turnover | 1.02 | - | 1.00 | 1.00 | 0.80 | - | 0.84 | 0.91 | 0.84 | - |
| Inventory turnover | 26.29 | - | 31.19 | 25.72 | 21.03 | - | 24.83 | 27.90 | 23.58 | - |
| Days sales outstanding | 20d | - | 15d | 12d | 19d | - | 20d | 19d | 15d | - |
| Days inventory outstanding | 14d | - | 12d | 14d | 17d | - | 15d | 13d | 15d | - |
| Days payable outstanding | 195d | - | 200d | 182d | 217d | - | 215d | 196d | 202d | - |
| Cash conversion cycle | -161d | - | -174d | -155d | -180d | - | -181d | -164d | -171d | - |
| Valuation | ||||||||||
| P / E | - | - | - | 464.9x | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 3.4x | - | 3.7x | 2.0x | 1.5x | - | 2.4x | 2.1x | 3.0x | - |
| EV / EBITDA | 210.3x | - | 116.7x | 85.8x | - | - | 433.8x | 128.8x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 7.4% | - | 8.1% | 5.0% | 0.0% | - | -2.0% | -1.7% | -1.6% | - |
| Revenue CAGR (3y) | 1.9% | - | 3.2% | -0.1% | -3.0% | - | -2.6% | -6.9% | -7.8% | - |
| Revenue CAGR (5y) | -3.4% | - | -4.1% | -5.3% | 3.2% | - | 4.6% | 5.9% | 7.0% | - |
| Gross profit growth (YoY) | 5.1% | - | 7.0% | 4.6% | 2.2% | - | -4.8% | -4.5% | -0.2% | - |
| Operating income growth (YoY) | 91.0% | - | - | - | 48.1% | - | 51.3% | 75.4% | 32.3% | - |
| Net income growth (YoY) | 7.1% | - | -33.8% | - | 54.4% | - | 54.6% | 8.7% | 30.1% | - |
| EPS growth (YoY) | 10.1% | - | -26.7% | - | 56.8% | - | 57.1% | 17.1% | 36.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 23.8% | - | - | - | 33.6% | - | - | - | 16.0% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -1.2% | -1.0% | -1.3% | 1.5% | 0.6% | -1.8% | -0.9% | -2.3% | -2.9% | -6.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$12.46B totalUSSegment$10.97B · 88.1%
International Segment$1.48B · 11.9%
Peer comparison
Same SIC group: Retail-Catalog & Mail-Order Houses
Comparing Wayfair Inc. against the 5 most active filers in the same SIC group.