Wayfair Inc.
Wayfair Inc.
Wayfair Inc. (W) — SEC Financial Statements & Analysis
Wayfair Inc. (W) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 1,004 | 1,476 | 1,171 | 1,326 | 1,338 | 1,316 | 1,296 | 1,304 | 1,107 | 1,322 | 1,281 | 1,249 | |||||
Short Term Investments | 58 | 66 | 54 | 52 | 30 | 56 | 32 | 39 | 50 | 29 | 0 | 4 | |||||
Accounts Receivable Net Current | 158 | 132 | 129 | 110 | 140 | 155 | 155 | 161 | 113 | 140 | 132 | 128 | |||||
Inventory Net | 78 | 71 | 70 | 89 | 90 | 76 | 81 | 78 | 81 | 75 | 79 | 77 | |||||
Prepaid Expense And Other Assets Current | 270 | 256 | 254 | 233 | 295 | 274 | 248 | 240 | 237 | 289 | 292 | 316 | |||||
Assets Current | 1,568 | 2,001 | 1,678 | 1,810 | 1,893 | 1,877 | 1,812 | 1,822 | 1,588 | 1,855 | 1,784 | 1,774 | |||||
Operating Lease Right Of Use Asset | 741 | 862 | 854 | 868 | 912 | 925 | 888 | 880 | 887 | 820 | 778 | 806 | |||||
Property Plant And Equipment Net | 502 | 516 | 523 | 540 | 556 | 603 | 658 | 680 | 714 | 748 | 751 | 759 | |||||
Other Assets Noncurrent | 59 | 61 | 61 | 60 | 58 | 54 | 56 | 54 | 51 | 51 | 47 | 43 | |||||
Assets | 2,870 | 3,440 | 3,116 | 3,278 | 3,419 | 3,459 | 3,414 | 3,436 | 3,240 | 3,474 | 3,360 | 3,382 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 1,094 | 1,202 | 1,199 | 1,140 | 1,123 | 1,246 | 1,187 | 1,168 | 1,055 | 1,234 | 1,173 | 1,104 | |||||
Other Liabilities Current | 961 | 927 | 1,055 | 1,075 | 1,160 | 1,124 | 982 | 1,039 | 970 | 949 | 823 | 870 | |||||
Liabilities Current | 2,055 | 2,129 | 2,254 | 2,215 | 2,283 | 2,370 | 2,169 | 2,207 | 2,025 | 2,183 | 1,996 | 1,974 | |||||
Long Term Debt | - | - | - | - | - | - | - | - | - | - | 3,207 | 3,205 | |||||
Long Term Debt Noncurrent | 2,931 | 3,233 | 2,748 | 2,884 | 3,000 | 2,882 | 3,061 | 3,059 | 3,095 | - | - | - | |||||
Operating Lease Liability Noncurrent | 704 | 835 | 857 | 869 | 914 | 929 | 884 | 893 | 905 | 862 | 827 | 861 | |||||
Other Liabilities Noncurrent | 22 | 25 | 25 | 29 | 31 | 33 | 33 | 37 | 40 | 44 | 38 | 40 | |||||
Liabilities | 5,712 | 6,222 | 5,884 | 5,997 | 6,228 | 6,214 | 6,147 | 6,196 | 6,065 | 6,181 | 6,068 | 6,080 | |||||
Stockholders Equity | |||||||||||||||||
Temporary Equity Carrying Amount Attributable To P… | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 2,114 | 2,073 | 1,971 | 1,921 | 1,821 | 1,751 | 1,657 | 1,552 | 1,446 | 1,316 | 1,142 | 988 | |||||
Retained Earnings Accumulated Deficit | -4,928 | -4,823 | -4,707 | -4,608 | -4,623 | -4,510 | -4,382 | -4,308 | -4,266 | -4,018 | -3,844 | -3,681 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -28 | -32 | -32 | -32 | -7 | 4 | -8 | -4 | -5 | -5 | -6 | -5 | |||||
Stockholders Equity | -2,842 | -2,782 | -2,768 | -2,719 | -2,809 | -2,755 | -2,733 | -2,760 | -2,825 | -2,707 | -2,708 | -2,698 | |||||
Liabilities And Stockholders Equity | 2,870 | 3,440 | 3,116 | 3,278 | 3,419 | 3,459 | 3,414 | 3,436 | 3,240 | 3,474 | 3,360 | 3,382 | |||||
Common Class A | 111 | 109 | 2 | 1 | 104 | 0 | 2 | 2 | 96 | 0 | 2 | 4 | |||||
Common Class B | 21 | 22 | -1 | 0 | 25 | 0 | 0 | 0 | 26 | 0 | -0 | -0 | |||||
Temporary Equity Par Or Stated Value Per Share | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | |||||
Temporary Equity Shares Authorized | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | |||||
Temporary Equity Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.91% | - | - | - | - | - | - | - | - | - | - | - |
| 2025 | 15.91% | 58.37% | 80.72% | 1.52% | 18.15% | 13.08% | -1.39% | -4.52% | 7.95% | -4.80% | -9.92% | -16.73% |
| 2024 | 4.33% | -10.90% | -12.40% | -8.90% | 5.68% | 4.40% | 9.66% | 13.87% | 12.05% | -30.76% | -41.49% | -28.81% |
| 2023 | 0.55% | 58.31% | 96.08% | -23.01% | -29.92% | -48.19% | 10.66% | 51.22% | 26.48% | 12.79% | 11.66% | 30.87% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.76 | 0.94 | 0.74 | 0.82 | 0.83 | 0.79 | 0.84 | 0.83 | 0.78 | 0.85 | 0.89 | 0.90 | |||||
| Quick Ratio | 0.59 | 0.79 | 0.60 | 0.67 | 0.66 | 0.64 | 0.68 | 0.68 | 0.63 | 0.68 | 0.71 | 0.70 | |||||
| Working Capital | -487.00M | -128.00M | -576.00M | -405.00M | -390.00M | -493.00M | -357.00M | -385.00M | -437.00M | -328.00M | -212.00M | -200.00M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | -2.01 | -2.24 | -2.13 | -2.21 | -2.22 | -2.26 | -2.25 | -2.24 | -2.15 | -2.28 | -2.24 | -2.25 | |||||
| Debt Ratio | 1.99 | 1.81 | 1.89 | 1.83 | 1.82 | 1.80 | 1.80 | 1.80 | 1.87 | 1.78 | 1.81 | 1.80 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 4.03 | 3.61 | 3.75 | 3.58 | 3.56 | 3.42 | 3.50 | 3.49 | 3.71 | 3.40 | 3.42 | 3.18 | |||||
| Days Sales Outstanding TTM | 4.30 | 4.20 | 4.23 | 4.12 | 3.90 | 4.54 | 4.42 | 4.43 | 4.49 | 6.26 | 7.06 | 6.69 | |||||
| Receivables Turnover TTM | 84.95 | 86.81 | 86.20 | 88.62 | 93.69 | 80.35 | 82.54 | 82.38 | 81.35 | 58.27 | 51.68 | 54.52 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -2.33 | -2.45 | -2.50 | -2.33 | -2.81 | -4.00 | -4.37 | -5.14 | -5.26 | -6.47 | -7.89 | -9.24 | |||||
| Free Cash Flow Per Share TTM | 3.73 | 3.63 | 3.30 | 2.60 | 2.32 | 1.98 | 1.73 | 2.23 | 1.92 | 1.76 | 1.19 | -3.81 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 30.08% | 30.22% | 30.19% | 30.27% | 30.31% | 30.16% | 30.20% | 30.42% | 30.65% | 30.55% | 30.16% | 29.64% | |||||
| Operating Profit Margin TTM | 1.01% | 0.14% | -1.50% | -2.47% | -2.94% | -3.89% | -4.36% | -4.99% | -5.86% | -6.77% | -8.10% | -10.02% | |||||
| Net Profit Margin TTM | -2.41% | -2.51% | -2.66% | -2.50% | -3.01% | -4.15% | -4.54% | -5.27% | -5.28% | -6.15% | -7.63% | -8.71% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 6.80% | 5.11% | 3.35% | 0.87% | -0.89% | -1.27% | -1.22% | 0.15% | -0.34% | -1.76% | -3.06% | -6.04% | |||||
| Net Income Growth (1Y) | -14.57% | -36.38% | -39.59% | -52.15% | -43.42% | -33.33% | -41.20% | -39.42% | -53.84% | -44.55% | -22.59% | 5.94% | |||||
| EPS Growth (1Y) | -17.17% | -38.87% | -42.84% | -54.40% | -46.54% | -38.21% | -44.55% | -44.39% | -57.69% | -48.44% | -29.26% | -0.68% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -32.30 | -41.06 | -35.73 | -21.82 | -11.39 | -11.08 | -12.84 | -10.26 | -12.91 | -9.53 | -7.68 | -7.03 | |||||
| P/B | -3.47 | -4.62 | -4.20 | -2.41 | -1.45 | -1.98 | -2.53 | -2.33 | -2.88 | -2.60 | -2.59 | -2.70 | |||||
| P/S TTM | 0.78 | 1.03 | 0.95 | 0.55 | 0.34 | 0.46 | 0.58 | 0.54 | 0.68 | 0.59 | 0.59 | 0.61 | |||||
| Market Cap | 9.85B | 12.85B | 11.61B | 6.55B | 4.07B | 5.45B | 6.91B | 6.43B | 8.15B | 7.03B | 7.03B | 7.28B | |||||
| Enterprise Value | 11.78B | 14.61B | 13.19B | 8.10B | 5.73B | 7.01B | 8.67B | 8.18B | 10.13B | 6.57B | 8.94B | 9.24B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 488.00M | 464.00M | 429.00M | 333.00M | 295.00M | 244.00M | 213.00M | 272.00M | 230.00M | 201.00M | 138.00M | -427.00M | |||||
| Net Debt | 1.93B | 1.76B | 1.58B | 1.56B | 1.66B | 1.56B | 1.76B | 1.75B | 1.98B | -464.00M | 1.92B | 1.96B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
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| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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