Wayfair Cash Flow 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
Net Income	-313	-492	-738	-1,331	-131
Depreciation & Amortization	305	387	417	371	322
Stock-Based Compensation	335	395	605	513	344
Other Adjustments	256	16	-81	-8	25
Change in Receivables	29	-35	132	-48	-118
Changes in Inventories	6	-2	16	-21	-17
Changes in Accounts Payable	-95	38	-18	-177	13
Changes in Other Operating Activities	11	10	16	27	-28
Operating Cash Flow	534	317	349	-674	410
Operating Cash Flow Growth	68.45%	-9.17%	-	-	-71.07%
Capital Expenditures	-70	-73	-148	-186	-101
Purchases of Intangible Assets	-135	-161	-203	-272	-179
Purchases of Investments	-115	-67	-36	-430	-989
Proceeds from Sale of Investments	101	39	233	889	749
Other Investing Activities	-	-	2	-	5
Investing Cash Flow	-219	-262	-152	1	-515
Long-Term Debt Issued	1,383	786	678	678	-
Long-Term Debt Repaid	-1,472	-858	-514	-507	-
Net Long-Term Debt Issued (Repaid)	-89	-72	164	171	-
Repurchase of Common Stock	-89	-	-	-75	-300
Net Common Stock Issued (Repurchased)	-89	-	-	-75	-300
Other Financing Activities	49	3	-87	-80	-3
Financing Cash Flow	-129	-69	77	16	-303
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-30	8	2	1	-16
Net Cash Flow	156	-6	276	-656	-424
Free Cash Flow	464	244	201	-860	309
Free Cash Flow Growth	90.16%	21.39%	-	-	-74.90%
FCF Margin	3.72%	2.06%	1.67%	-7.04%	2.25%
Free Cash Flow Per Share	3.63	1.98	1.76	-8.11	2.97
Levered Free Cash Flow	-245	-204	-291	-1,146	58
Unlevered Free Cash Flow	174.5	-110.56	-540.04	-1,383	94.28

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.