Wayfair Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $12.5B | $11.9B | $12.0B | $12.2B | $13.7B |
| Cost of revenue | $8.7B | $8.3B | $8.3B | $8.8B | $9.8B |
| Gross profit | $3.8B | $3.6B | $3.7B | $3.4B | $3.9B |
| Operating expenses | $3.7B | $4.0B | $4.5B | $4.8B | $4.0B |
| Operating income | $17.0M | -$461.0M | -$813.0M | -$1.4B | -$94.0M |
| Interest expense | $165.0M | $83.0M | $63.0M | — | — |
| Pretax income | -$304.0M | -$482.0M | -$729.0M | -$1.3B | -$130.0M |
| Income tax expense | $9.0M | $10.0M | $9.0M | $12.0M | $1.0M |
| Net income | -$313.0M | -$492.0M | -$738.0M | -$1.3B | -$131.0M |
| Balance Sheet | |||||
| Cash and equivalents | $1.5B | $1.3B | $1.3B | $1.1B | $1.7B |
| Current assets | $2.0B | $1.9B | $1.9B | $1.9B | $3.0B |
| Total assets | $3.4B | $3.5B | $3.5B | $3.6B | $4.6B |
| Current liabilities | $2.1B | $2.4B | $2.2B | $2.1B | $2.2B |
| Total liabilities | $6.2B | $6.2B | $6.2B | $6.1B | $6.2B |
| Stockholders' equity | -$2.8B | -$2.8B | -$2.7B | -$2.5B | -$1.6B |
| Cash Flow Statement | |||||
| Cash from operations | $534.0M | $317.0M | $349.0M | -$674.0M | $410.0M |
| Depreciation and amortization | $305.0M | $387.0M | $417.0M | $371.0M | $322.0M |
| Stock-based compensation | $335.0M | $395.0M | $605.0M | $513.0M | $344.0M |
| Capital expenditure | $70.0M | $73.0M | $148.0M | $186.0M | $101.0M |
| Free cash flow | $464.0M | $244.0M | $201.0M | -$860.0M | $309.0M |
| Share repurchases | — | $0 | $0 | $75.0M | $300.0M |
| Impairments | $19.0M | $34.0M | $5.0M | $23.0M | $12.0M |
Shares outstanding 132.0M · Free float 66.0%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.