Wayfair Inc. (W) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.93B | 3.34B | 3.12B | 3.27B | 2.73B | 3.12B | 2.88B | 3.12B | 2.73B | 3.11B | 2.94B | 3.17B | 2.77B | 3.1B | 2.84B | 3.28B | 2.99B | 3.25B | 3.12B | 3.86B |
| Revenue Growth % | 7.36% | 6.92% | 8.08% | 5% | 0.04% | 0.22% | -2.04% | -1.7% | -1.62% | 0.42% | 3.66% | -3.44% | -7.32% | -4.64% | -9.01% | -14.87% | -13.94% | -11.41% | -18.71% | -10.39% |
| Cost of Goods Sold | 2.05B | 2.33B | 2.18B | 2.29B | 1.89B | 2.18B | 2.01B | 2.18B | 1.91B | 2.17B | 2.03B | 2.19B | 1.95B | 2.21B | 2.02B | 2.39B | 2.19B | 2.37B | 2.24B | 2.73B |
| COGS % of Revenue | 69.98% | 69.73% | 70.04% | 69.94% | 69.34% | 69.85% | 69.73% | 69.81% | 69.99% | 69.69% | 68.85% | 68.94% | 70.4% | 71.2% | 70.99% | 72.72% | 73.17% | 72.91% | 71.72% | 70.76% |
| Gross Profit | 880M | 1.01B | 934M | 984M | 837M | 941M | 873M | 941M | 819M | 944M | 917M | 985M | 821M | 893M | 824M | 896M | 803M | 881M | 882.73M | 1.13B |
| Gross Margin % | 30.02% | 30.27% | 29.96% | 30.06% | 30.66% | 30.15% | 30.27% | 30.19% | 30.01% | 30.31% | 31.15% | 31.06% | 29.6% | 28.8% | 29.01% | 27.28% | 26.83% | 27.09% | 28.28% | 29.24% |
| Gross Profit Growth % | 5.14% | 7.33% | 6.99% | 4.57% | 2.2% | -0.32% | -4.8% | -4.47% | -0.24% | 5.71% | 11.29% | 9.93% | 2.24% | 1.36% | -6.65% | -20.57% | -19.94% | -17.25% | -23.07% | -14.61% |
| Operating Expenses | 867M | 941M | 896M | 967M | 959M | 1.06B | 947M | 976M | 1.05B | 1.12B | 1.07B | 1.13B | 1.17B | 1.22B | 1.2B | 1.27B | 1.11B | 1.08B | 952.53M | 982.85M |
| OpEx % of Revenue | 29.58% | 28.2% | 28.75% | 29.54% | 35.13% | 33.9% | 32.84% | 31.31% | 38.62% | 35.84% | 36.31% | 35.51% | 42.11% | 39.47% | 42.11% | 38.61% | 37.19% | 33.12% | 30.52% | 25.48% |
| Selling, General & Admin | 867M | 816M | 775M | 837M | 880M | 1.02B | 834M | 975M | 975M | 1.12B | 1.35B | 1.4B | 532M | 1.22B | 1.01B | 1.07B | 1.11B | 1.08B | 952.53M | 982.85M |
| SG&A % of Revenue | 29.58% | 24.45% | 24.86% | 25.57% | 32.23% | 32.78% | 28.92% | 31.28% | 35.73% | 35.84% | 45.92% | 44.18% | 19.18% | 39.47% | 35.53% | 32.46% | 37.19% | 33.12% | 30.52% | 25.48% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 257M | 0 | 0 | 0 | 279M | 0 | 0 | 0 | 224M | 0 | 0 | 0 | 171M | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | 8.23% | - | - | - | 8.96% | - | - | - | 7.22% | - | - | - | 5.26% | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | 1000K | -1000K | 1000K | 1000K | 0 | -1000K | 0 | 0 |
| Operating Income | 13M | 69M | 38M | 17M | -122M | -117M | -74M | -35M | -235M | -172M | -152M | -142M | -347M | -330M | -372M | -372M | -310M | -196M | -69.8M | 146M |
| Operating Margin % | 0.44% | 2.07% | 1.22% | 0.52% | -4.47% | -3.75% | -2.57% | -1.12% | -8.61% | -5.52% | -5.16% | -4.48% | -12.51% | -10.64% | -13.1% | -11.33% | -10.36% | -6.03% | -2.24% | 3.78% |
| Operating Income Growth % | 110.66% | 158.97% | 151.35% | 148.57% | 48.09% | 31.98% | 51.32% | 75.35% | 32.28% | 47.88% | 59.14% | 61.83% | -11.94% | -68.37% | -432.97% | -354.79% | -1292.31% | -294.9% | -131.46% | -51.33% |
| EBITDA | 80M | 140M | 113M | 95M | -41M | -27M | 20M | 64M | -131M | -67M | -46M | -40M | -243M | -229M | -278M | -281M | -225M | -114.15M | 12.12M | 223.93M |
| EBITDA Margin % | 2.73% | 4.2% | 3.63% | 2.9% | -1.5% | -0.87% | 0.69% | 2.05% | -4.8% | -2.15% | -1.56% | -1.26% | -8.76% | -7.38% | -9.79% | -8.56% | -7.52% | -3.51% | 0.39% | 5.8% |
| EBITDA Growth % | 295.12% | 618.52% | 465% | 48.44% | 68.7% | 59.7% | 143.48% | 260% | 46.09% | 70.74% | 83.45% | 85.77% | -8% | -100.61% | -2393.92% | -225.49% | -311.64% | -164.22% | -95.88% | -39.33% |
| D&A (Non-Cash Add-back) | 67M | 71M | 75M | 78M | 81M | 90M | 94M | 99M | 104M | 105M | 106M | 102M | 104M | 101M | 94M | 91M | 85M | 81.85M | 81.92M | 77.92M |
| EBIT | 13M | -78M | -66M | 46M | -87M | -112M | -66M | -36M | -239M | -169M | -156M | -39M | -348M | -334M | -277M | -371M | -310M | -198.09M | -65.91M | 144M |
| Net Interest Income | -39M | -36M | -31M | -29M | -23M | -14M | -5M | -4M | -6M | -2M | -5M | -5M | -5M | -8M | -5M | -6M | -8M | -8.38M | -8M | -9M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 39M | 36M | 31M | 29M | 23M | 14M | 5M | 4M | 6M | 2M | 5M | 5M | 5M | 8M | 5M | 6M | 8M | 8.38M | 8M | 9M |
| Other Income/Expense | -117M | -183M | -135M | 0 | 12M | -9M | 3M | -5M | -10M | 1M | -9M | 98M | -6M | -12M | 90M | -5M | -8M | -11M | -4.52M | -11M |
| Pretax Income | -104M | -114M | -97M | 17M | -110M | -126M | -71M | -40M | -245M | -171M | -161M | -44M | -353M | -342M | -282M | -377M | -318M | -207M | -74.31M | 135M |
| Pretax Margin % | -3.55% | -3.42% | -3.11% | 0.52% | -4.03% | -4.04% | -2.46% | -1.28% | -8.98% | -5.49% | -5.47% | -1.39% | -12.73% | -11.03% | -9.93% | -11.48% | -10.62% | -6.37% | -2.38% | 3.5% |
| Income Tax | 1M | 2M | 2M | 2M | 3M | 2M | 3M | 2M | 3M | 3M | 2M | 2M | 2M | 9M | 1M | 1M | 1M | -5M | 3.71M | 4M |
| Effective Tax Rate % | -0.96% | -1.75% | -2.06% | 11.76% | -2.73% | -1.59% | -4.23% | -5% | -1.22% | -1.75% | -1.24% | -4.55% | -0.57% | -2.63% | -0.35% | -0.27% | -0.31% | 2.42% | -4.99% | 2.96% |
| Net Income | -105M | -116M | -99M | 15M | -113M | -128M | -74M | -42M | -248M | -174M | -163M | -46M | -355M | -351M | -283M | -378M | -319M | -202M | -78.02M | 131M |
| Net Margin % | -3.58% | -3.48% | -3.18% | 0.46% | -4.14% | -4.1% | -2.57% | -1.35% | -9.09% | -5.59% | -5.54% | -1.45% | -12.8% | -11.32% | -9.96% | -11.51% | -10.66% | -6.21% | -2.5% | 3.4% |
| Net Income Growth % | 7.08% | 9.38% | -33.78% | 135.71% | 54.44% | 26.44% | 54.6% | 8.7% | 30.14% | 50.43% | 42.4% | 87.83% | -11.29% | -73.76% | -262.72% | -388.55% | -1872.22% | -948.1% | -145.06% | -52.17% |
| Net Income (Continuing) | -105M | -116M | -99M | 15M | -113M | -128M | -74M | -42M | -248M | -174M | -163M | -46M | -355M | -351M | -283M | -378M | -319M | -202M | -78.02M | 131M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.80 | -0.89 | -0.76 | 0.12 | -0.89 | -1.02 | -0.60 | -0.34 | -2.07 | -1.47 | -1.41 | -0.41 | -3.23 | -3.25 | -2.67 | -3.60 | -3.04 | -1.92 | -0.75 | 1.14 |
| EPS Growth % | 10.11% | 12.75% | -26.67% | 135.29% | 57% | 30.61% | 57.45% | 17.07% | 35.91% | 54.77% | 47.19% | 88.61% | -6.25% | -69.27% | -256% | -415.79% | -2000% | -934.78% | -144.91% | -55.12% |
| EPS (Basic) | -0.80 | -0.89 | -0.76 | 0.12 | -0.89 | -1.02 | -0.60 | -0.34 | -2.07 | -1.47 | -1.41 | -0.41 | -3.23 | -3.25 | -2.67 | -3.60 | -3.04 | -1.92 | -0.75 | 1.26 |
| Diluted Shares Outstanding | 131M | 130M | 130M | 129M | 127M | 125M | 123M | 122M | 120M | 118M | 116M | 112M | 110M | 108M | 106M | 105M | 105M | 105M | 104M | 122M |
| Basic Shares Outstanding | 131M | 130M | 130M | 128M | 127M | 125M | 123M | 122M | 120M | 118M | 116M | 112M | 110M | 108M | 106M | 105M | 104.93M | 105M | 104M | 104M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |