Wayfair Inc. income statement
In fiscal 2025, Wayfair Inc. reported revenue of $12.46bn, up 5.1% on the year before, operating income of $17.0m (a 0.1% margin) and net income of −$313m, or −$2.44 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.6 | 0.9 | 1.3 | 2.2 | 3.4 | 4.7 | 6.8 | 9.1 | 14.1 | 13.7 | 12.2 | 12.0 | 11.9 | 12.5 | 12.9 |
| Cost of revenue | — | — | — | — | 2.6 | 3.6 | 5.2 | 7.0 | 10.0 | 9.8 | 8.8 | 8.3 | 8.3 | 8.7 | 9.0 |
| Gross profit | 0.1 | 0.2 | 0.3 | 0.5 | 0.8 | 1.1 | 1.6 | 2.1 | 4.1 | 3.9 | 3.4 | 3.7 | 3.6 | 3.8 | 3.9 |
| Selling and marketing | 0.0 | 0.0 | 0.1 | 0.1 | 0.2 | — | — | — | — | — | — | — | — | — | — |
| Operating income | −0.0 | −0.0 | −0.1 | −0.1 | −0.2 | −0.2 | −0.5 | −0.9 | 0.4 | −0.1 | −1.4 | −0.8 | −0.5 | 0.0 | 0.2 |
| Interest expense | — | — | — | — | — | — | — | — | — | — | — | 0.1 | 0.1 | 0.2 | — |
| Income before tax | −0.0 | −0.0 | −0.1 | −0.1 | −0.2 | −0.2 | −0.5 | −1.0 | 0.2 | −0.1 | −1.3 | −0.7 | −0.5 | −0.3 | −0.3 |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net income | −0.0 | −0.0 | −0.1 | −0.1 | −0.2 | −0.2 | −0.5 | −1.0 | 0.2 | −0.1 | −1.3 | −0.7 | −0.5 | −0.3 | −0.3 |
| Diluted EPS | −$0.80 | −$0.99 | −$2.97 | −$0.92 | −$2.29 | −$2.81 | −$5.63 | −$10.68 | $1.86 | −$1.26 | −$12.54 | −$6.47 | −$4.01 | −$2.44 | −$2.47 |
| Diluted shares (average) | 41m | 41m | 51m | 84m | 85m | 87m | 89m | 92m | 99m | 104m | 106m | 114m | 123m | 128m | 130m |
| EBITDA | −0.0 | −0.0 | −0.1 | −0.0 | −0.1 | −0.1 | −0.3 | −0.7 | 0.6 | 0.2 | −1.0 | −0.4 | −0.1 | 0.3 | 0.5 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,884 | 3,121 | 2,730 | 3,273 | 3,117 | 3,337 | 2,931 | 3,519 |
| Cost of revenue | 2,011 | 2,180 | 1,893 | 2,289 | 2,183 | 2,327 | 2,051 | 2,465 |
| Gross profit | 873 | 941 | 837 | 984 | 934 | 1,010 | 880 | 1,054 |
| Operating income | −74 | −117 | −122 | 17 | 38 | 84 | −11 | 104 |
| Income before tax | −71 | −126 | −110 | 17 | −97 | −114 | −104 | 2 |
| Income tax | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 3 |
| Net income | −74 | −128 | −113 | 15 | −99 | −116 | −105 | −1 |
| Diluted EPS | −$0.60 | −$1.03 | −$0.89 | $0.11 | −$0.76 | −$0.90 | −$0.80 | −$0.01 |
| EBITDA | 20 | −27 | −41 | 95 | 113 | 155 | 56 | 168 |
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