Wayfair Inc. W

Consumer discretionary SIC 5961 - Retail-Catalog & Mail-Order Houses NAICS Retail Trade derived NYSE

Wayfair is the destination for all things home. Through our e-commerce platform, we offer customers visually inspired browsing, compelling merchandising, easy product discovery and attractive prices. We are focused on bringing our customers an experience that is at the forefront of shopping for the home online. Our customers span a wide range of demographics, with annual household incomes typically ranging from $25,000 to over $250,000, and also include businesses, from small startups to global enterprises. Our selections of furniture, décor, housewares and home improvement products appeal to our customers' different tastes, styles, purchasing goals and budgets when shopping for their homes and businesses.

Last close 112.49 2026-10-23
Market cap $14.85B estimated share count
52-week range 55.60 - 119.98

Valuation FY2025 figures against the last close

P/S1.2x
P/E—
P/FCF32.0x
EV/EBITDA51.5x
Dividend yield—
Diluted EPS-2.44

Where the revenue comes from as reported in the latest 10-K

Revenue by segment

  • U.S.
  • International
Revenue by segment, 2 categories over 3 years. The same figures are in the table below. FY2025 U.S., FY2025: 11B (88.1%) 88% U.S. International, FY2025: 1.5B (11.9%) 12% International FY2024 U.S., FY2024: 10.4B (87.5%) 88% International, FY2024: 1.5B (12.5%) 12% FY2023 U.S., FY2023: 10.5B (87.3%) 87% International, FY2023: 1.5B (12.7%) 13%
Segment FY2025FY2024FY2023
U.S. $10.97B $10.37B $10.48B
International $1.48B $1.48B $1.52B

As the company reported it, from the “Segment and Geographic Information - Net Revenues (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $12.46B$11.85B$12.00B$12.22B$13.71B$14.14B$9.13B$6.78B$4.72B$3.38B
Cost of revenue $8.69B$8.28B$8.34B$8.80B$9.81B$10.03B$6.98B$5.19B$3.60B$2.57B
Gross profit $3.77B$3.57B$3.67B$3.42B$3.90B$4.11B$2.15B$1.59B$1.12B$807.8M
Total operating expenses $3.75B$4.04B$4.48B$4.80B$3.99B$3.75B$3.08B$2.06B$1.35B$1.00B
Operating income $17.0M-$461.0M-$813.0M-$1.38B-$94.0M$360.0M-$930.0M-$473.3M-$235.5M-$196.2M
Interest expense $165.0M$83.0M$63.0M———————
Pre-tax income -$304.0M-$482.0M-$729.0M-$1.32B-$130.0M$205.0M-$982.0M-$502.0M-$244.1M-$193.8M
Income tax $9.0M$10.0M$9.0M$12.0M$1.0M$20.0M$3.0M$2.0M$486.0K$608.0K
Net income -$313.0M-$492.0M-$738.0M-$1.33B-$131.0M$185.0M-$985.0M-$504.1M-$244.6M-$194.4M
EPS, basic -2.44-4.01-6.47-12.54-1.261.93-10.68-5.63——
EPS, diluted -2.44-4.01-6.47-12.54-1.261.86-10.68-5.63-2.81-2.29
Shares, diluted (wtd. avg.) 128.0M123.0M114.0M106.0M104.0M99.0M92.0M89.5M——

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $1.48B$1.32B$1.32B$1.05B$1.71B$2.13B$583.0M$850.0M$559.0M$279.8M
Short-term investments $66.0M$56.0M$29.0M$228.0M$693.0M$462.0M$404.3M$114.3M$61.0M$68.7M
Receivables $132.0M$155.0M$140.0M$272.0M$226.0M$110.0M$99.7M$50.6M$37.9M$19.1M
Inventory $71.0M$76.0M$75.0M$90.0M$69.0M$52.0M$61.7M$46.2M$28.0M$18.6M
Total current assets $2.00B$1.88B$1.85B$1.93B$3.01B$3.05B$1.38B$1.26B$816.8M$477.1M
Property, plant and equipment $516.0M$603.0M$748.0M$774.0M$674.0M$684.0M$624.5M$607.0M$361.1M$239.4M
Goodwill $400.0K$400.0K$400.0K$400.0K$400.0K$400.0K$400.0K$2.1M$1.9M$1.9M
Other intangibles ——————$18.4M$500.0K$1.2M$2.3M
Total assets $3.44B$3.46B$3.47B$3.58B$4.57B$4.57B$2.95B$1.89B$1.21B$761.7M
Accounts payable $1.20B$1.25B$1.23B$1.20B$1.17B$1.16B$908.1M$650.2M$440.4M$379.5M
Short-term debt $39.0M$236.0M$117.0M$0$0—————
Total current liabilities $2.13B$2.37B$2.18B$2.07B$2.22B$2.17B$1.61B$1.14B$739.8M$557.2M
Long-term debt $3.23B$2.88B$3.09B$3.14B$3.05B$2.66B$1.46B$738.9M$332.9M$0
Total liabilities $6.22B$6.21B$6.18B$6.13B$6.19B$5.76B$3.90B$2.22B$1.26B$682.3M
Retained earnings -$4.82B-$4.51B-$4.02B-$3.28B-$1.95B-$1.89B-$2.07B-$1.08B-$583.3M-$329.9M
Total equity -$2.78B-$2.75B-$2.71B-$2.55B-$1.62B-$1.19B-$944.0M-$331.0M-$48.3M$79.4M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $534.0M$317.0M$349.0M-$674.0M$410.0M$1.42B-$197.0M$84.9M$33.6M$62.8M
Depreciation and amortisation $305.0M$387.0M$417.0M$371.0M$322.0M$286.0M$192.0M$123.5M$87.0M$55.6M
Stock-based compensation $335.0M$395.0M$605.0M$513.0M$344.0M$276.0M$227.0M$127.6M$67.8M$49.4M
Capital expenditure $70.0M$73.0M$148.0M$186.0M$101.0M$186.0M$272.0M$159.2M$100.5M$96.7M
Investing cash flow -$219.0M-$262.0M-$152.0M$1.0M-$515.0M-$236.0M-$855.0M-$260.3M-$130.3M-$95.9M
Financing cash flow -$129.0M-$69.0M$77.0M$16.0M-$303.0M$353.0M$787.0M$467.5M$375.0M-$20.9M
Dividends paid —————————$0
Buybacks —$0$0$75.0M$300.0M$380.0M$0$0—$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001616707-26-000027.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -5B 0 5B 10B 15B Revenue, FY2016: 3.4B Gross profit, FY2016: 807.8M Net income, FY2016: -194.4M Revenue, FY2017: 4.7B Gross profit, FY2017: 1.1B Net income, FY2017: -244.6M Revenue, FY2018: 6.8B Gross profit, FY2018: 1.6B Net income, FY2018: -504.1M Revenue, FY2019: 9.1B Gross profit, FY2019: 2.1B Net income, FY2019: -985M Revenue, FY2020: 14.1B Gross profit, FY2020: 4.1B Net income, FY2020: 185M Revenue, FY2021: 13.7B Gross profit, FY2021: 3.9B Net income, FY2021: -131M Revenue, FY2022: 12.2B Gross profit, FY2022: 3.4B Net income, FY2022: -1.3B Revenue, FY2023: 12B Gross profit, FY2023: 3.7B Net income, FY2023: -738M Revenue, FY2024: 11.9B Gross profit, FY2024: 3.6B Net income, FY2024: -492M Revenue, FY2025: 12.5B Gross profit, FY2025: 3.8B Net income, FY2025: -313M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $3.38B $4.72B $6.78B $9.13B $14.14B $13.71B $12.22B $12.00B $11.85B $12.46B
Gross profit $807.8M $1.12B $1.59B $2.15B $4.11B $3.90B $3.42B $3.67B $3.57B $3.77B
Net income -$194.4M -$244.6M -$504.1M -$985.0M $185.0M -$131.0M -$1.33B -$738.0M -$492.0M -$313.0M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 5961

TickerCompanyMarket capP/ERevenue growth
AMZN AMAZON COM INC $2.68T 34.6x 12.4%
CPNG Coupang, Inc. $25.01B 126.4x 14.1%
CDW CDW Corp $20.64B 20.4x 6.8%
CHWY Chewy, Inc. $9.07B 42.2x 6.2%
NSIT INSIGHT ENTERPRISES INC $5.19B 36.4x -5.2%
PTRN Pattern Group Inc. $2.86B — 39.3%
GCT GigaCloud Technology Inc $2.13B 16.2x 11.1%
RVLV Revolve Group, Inc. $1.59B 25.9x 8.5%