Wayfair Inc.W
NYSE•Consumer Cyclical•Internet Retail
Wayfair Inc. engages in the e-commerce business in the United States and internationally. It provides online selections of furniture, décor, housewares, and home improvement products through its sites comprising Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional. The company offers its products under the Three Posts and Mercury Row brands. Wayfair Inc. was founded in 2002 and is headquartered in Boston, Massachusetts.
Wayfair Inc. (W) reported trailing twelve months revenue of $12.66B as of March 2026, a 6.8% increase year-over-year. Quarterly revenue reached $2.93B, reflecting continued top-line momentum.
Wayfair Inc. reported a TTM net loss of $305.00M, with quarterly EBITDA of $56.00M. The operating margin expanded from -4.5% to -0.4%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (-0.4%) and net margin (-3.6%) indicates tight cost control with minimal non-operating drag. Net margin has improved from -4.1% a year ago, signaling stronger bottom-line efficiency.
W trades at a P/S of 0.7x.
The company reported negative free cash flow of $-77.00M, indicating cash consumption over the period. The balance sheet shows $2.87B in total assets with $2.93B in long-term debt against $-2.84B in stockholders equity. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are under pressure, averaging -1.0%. The business may lack pricing power or face rising costs.'
Limited ROE data for a reliable assessment.
6 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
TTM revenue has grown consistently (6 of 7 quarters up), with ~6.3% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
The company posted negative operating margins in recent quarters — core operations are unprofitable.
FCF consistently trails net income (avg 1.2x) — earnings may be inflated by non-cash items or aggressive accounting.
Limited debt-to-equity data available.
Revenue is stable or growing over recent quarters — demand appears durable.
FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.
Shares outstanding increased 7.4% — significant dilution, likely from stock compensation or capital raises.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation