Wayfair Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	12,457	11,851	12,003	12,218	13,708
Revenue Growth (YoY)	5.11%	-1.27%	-1.76%	-10.87%	-3.09%
Cost of Revenue	8,692	8,277	8,336	8,802	9,813
Gross Profit	3,765	3,574	3,667	3,416	3,895
Selling, General & Admin	3,672	3,919	4,401	4,730	3,977
Other Operating Expenses	3	2	-	-	-
Operating Expenses	3,675	3,921	4,401	4,730	3,977
Operating Income	90	-347	-734	-1,314	-82
Interest Expense	-165	-82	-62	-38	-33
Interest & Investment Income	46	54	46	12	-
Other Non Operating Income (Expenses)	31	-22	-	-5	-3
EBT Excluding Unusual Items	2	-397	-750	-1,345	-118
Merger & Restructuring Charges	-88	-79	-70	-31	-12
Asset Writedown	-	-35	-9	-39	-
Other Unusual Items	-218	29	100	96	-
Pretax Income	-304	-482	-729	-1,319	-130
Income Tax Expense	9	10	9	12	1
Net Income	-313	-492	-738	-1,331	-131
Net Income to Common	-313	-492	-738	-1,331	-131
Shares Outstanding (Basic)	128	123	114	106	104
Shares Outstanding (Diluted)	128	123	114	106	104
Shares Change (YoY)	4.06%	7.90%	7.55%	1.92%	5.05%
EPS (Basic)	-2.45	-4.00	-6.47	-12.56	-1.26
EPS (Diluted)	-2.45	-4.01	-6.47	-12.56	-1.26
Free Cash Flow	464	244	201	-860	309
Free Cash Flow Per Share	3.63	1.98	1.76	-8.11	2.97
Gross Margin	30.22%	30.16%	30.55%	27.96%	28.41%
Operating Margin	0.72%	-2.93%	-6.12%	-10.76%	-0.60%
Profit Margin	-2.51%	-4.15%	-6.15%	-10.89%	-0.96%
Free Cash Flow Margin	3.72%	2.06%	1.68%	-7.04%	2.25%
EBITDA	205	-217	-596	-1,167	69
EBITDA Margin	1.65%	-1.83%	-4.96%	-9.55%	0.50%
D&A For EBITDA	115	130	138	147	151
EBIT	90	-347	-734	-1,314	-82
EBIT Margin	0.72%	-2.93%	-6.12%	-10.76%	-0.60%
Advertising Expenses	1,425	1,472	1,397	1,473	1,378

Source: S&P Global Market Intelligence. Standard template. Financial Sources.