Wayfair Inc. (W) Financial Statements
Industry: Catalog & Mail-Order Houses (Retail)
In fiscal 2025, Wayfair reported revenue of $12.46B, up 5.1% from $11.85B the year before. Net income was -$313.0M (a -2.5% net margin), or -$2.44 per diluted share. Gross margin was 30.2% and operating margin was 0.1%. Operating activities generated $534.0M of cash, leaving $464.0M of free cash flow. At fiscal year end, Wayfair held $3.44B in total assets against $6.22B in total liabilities, including $1.48B of cash and equivalents.
Open the full interactive Wayfair financials → Quarterly statements, key ratios, valuation history and price charts.
Wayfair Key Stats
| Share Price | $107.99 |
|---|---|
| Market Cap | $14.25B |
| Revenue YoY Growth | +5.1% |
| 52-Week Range | $57.40 – $119.05 |
| Shares Outstanding | 132.0 million (basic, 2026 Q2) |
Wayfair Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $14.15B | $13.71B | $12.22B | $12.00B | $11.85B | $12.46B |
| Cost of Goods Sold | $10.03B | $9.81B | $8.80B | $8.34B | $8.28B | $8.69B |
| Gross Profit | $4.11B | $3.90B | $3.42B | $3.67B | $3.57B | $3.77B |
| Operating Income | $360.3M | -$94.0M | -$1.38B | -$813.0M | -$461.0M | $17.0M |
| Pre-Tax Income | $205.3M | -$130.0M | -$1.32B | -$729.0M | -$482.0M | -$304.0M |
| Income Tax | $20.3M | $1.0M | $12.0M | $9.0M | $10.0M | $9.0M |
| Net Income | $185.0M | -$131.0M | -$1.33B | -$738.0M | -$492.0M | -$313.0M |
| Diluted EPS | $1.86 | -$1.26 | -$12.54 | -$6.47 | -$4.01 | -$2.44 |
Wayfair Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $3.12B | $3.34B | $2.93B | $3.52B |
| Net Income | -$99.0M | -$116.0M | -$105.0M | -$1.0M |
| Diluted EPS | -$0.76 | -$0.91 | -$0.80 | -$0.01 |
Wayfair Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | — | — | — | $1.32B | $1.32B | $1.48B |
| Current Assets | $3.05B | $3.01B | $1.93B | $1.85B | $1.88B | $2.00B |
| Total Assets | $4.57B | $4.57B | $3.58B | $3.47B | $3.46B | $3.44B |
| Current Liabilities | $2.17B | $2.22B | $2.07B | $2.18B | $2.37B | $2.13B |
| Total Long-Term Debt | $2.66B | $3.05B | $3.14B | $3.21B | $3.12B | $3.27B |
| Total Liabilities | $5.76B | $6.19B | $6.13B | $6.18B | $6.21B | $6.22B |
| Shareholders' Equity | -$1.19B | -$1.62B | -$2.55B | -$2.71B | -$2.75B | -$2.78B |
Wayfair Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.42B | $410.0M | -$674.0M | $349.0M | $317.0M | $534.0M |
| Cash From Investing | -$236.1M | -$515.0M | $1.0M | -$152.0M | -$262.0M | -$219.0M |
| Cash From Financing | $352.6M | -$303.0M | $16.0M | $77.0M | -$69.0M | -$129.0M |
| Free Cash Flow | $1.23B | $309.0M | -$860.0M | $201.0M | $244.0M | $464.0M |
Figures from Wayfair's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Wayfair financials page for every line item.
Wayfair Company Profile
| Ticker | W |
|---|---|
| Exchange | NYSE |
| Industry | Catalog & Mail-Order Houses (Retail) |
| Headquarters | Boston, Massachusetts |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001616707 |
Frequently Asked Questions
What was Wayfair's revenue in fiscal 2025?
Wayfair (W) reported revenue of $12.46B for fiscal 2025.
What is Wayfair's annual revenue history?
Wayfair's annual revenue by fiscal year: 2020: $14.15B; 2021: $13.71B; 2022: $12.22B; 2023: $12.00B; 2024: $11.85B; 2025: $12.46B.
What was Wayfair's net income in fiscal 2025?
Wayfair reported net income of -$313.0M for fiscal 2025.
What was Wayfair's earnings per share (EPS) in fiscal 2025?
Wayfair's diluted EPS was -$2.44 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Wayfair generate in fiscal 2025?
Wayfair generated $464.0M of free cash flow in fiscal 2025.
What was Wayfair's revenue last quarter?
In its most recent reported quarter (2026 Q2), Wayfair reported revenue of $3.52B.
How much debt does Wayfair have?
Wayfair reported $3.27B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Wayfair are outstanding?
Wayfair reported a weighted average of 132.0 million basic shares outstanding in 2026 Q2.
What is Wayfair's market cap?
Based on its latest closing price, Wayfair (W) has a market capitalization of about $14.25B.
When does Wayfair's fiscal year end?
Wayfair's fiscal year end, as registered with the SEC, is December 31.
Where is Wayfair headquartered?
Wayfair lists its business address in Boston, Massachusetts in its SEC filings.