W
$101.25-0.12%
as of close, Oct 2, 2026
☾ AH $101.25 -0.12%
W financial statements
The full income statement, balance sheet, and cash-flow statement for Wayfair Inc. (W), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 123.5M2024-09 125.3M2024-12 126.9M2025-03 128.3M2025-06 129.7M2025-09 130.3M2025-12 130.7M2026-03 132.0M2026-06 137.0M+10.9% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 12.5B+5.1% | 11.9B-1.3% | 12.0B-1.8% | 12.2B-10.9% | 13.7B-3.1% | |
| 3.77B+5.3% | 3.57B-2.5% | 3.67B+7.3% | 3.42B-12.3% | 3.90B-5.3% | ||
| Cost of revenue | 8.69B+5.0% | 8.28B-0.7% | 8.34B-5.3% | 8.80B-10.3% | 9.81B-2.2% | |
| 3.75B-7.1% | 4.04B-9.9% | 4.48B-6.7% | 4.80B+20.3% | 3.99B+6.3% | ||
| Restructuring | — | 79.0M+21.5% | 65.0M+109.7% | 31.0M | 0.00-100.0% | |
| Amortization of intangibles | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M-50.0% | |
| Provision for credit losses | 0.00 | 0.00 | 0.00 | 0.00 | — | |
| Operating income | 17.0M+103.7% | -461M+43.3% | -813M+41.3% | -1.38B-1372.3% | -94.0M-126.1% | |
| Interest expense | 165M+98.8% | 83.0M+31.7% | 63.0M | — | — | |
| Interest & investment income | 45.0M-16.7% | 54.0M+14.9% | 47.0M+261.5% | 13.0M+160.0% | 5.00M-16.7% | |
| Other non-operating income | 31.0M+247.6% | -21.0M-2200.0% | 1.00M+125.0% | -4.00M+0.0% | -4.00M+55.6% | |
| Pre-tax income | -304M+36.9% | -482M+33.9% | -729M+44.7% | -1.32B-914.6% | -130M-163.4% | |
| Income tax | 9.00M-10.0% | 10.0M+11.1% | 9.00M-25.0% | 12.0M+1100.0% | 1.00M-95.0% | |
| -313M+36.4% | -492M+33.3% | -738M+44.6% | -1.33B-916.0% | -131M-170.8% | ||
| Preferred dividends | — | — | — | — | 0.00 | |
| -$2.44+39.2% | -$4.01+38.0% | -$6.47+48.4% | -$12.54-895.2% | -$1.26-167.7% | ||
| EPS (basic) | -$2.44+39.2% | -$4.01+38.0% | -$6.47+48.4% | -$12.54-895.2% | -$1.26-165.3% | |
| Weighted-avg shares (basic) | 128M+4.1% | 123M+7.9% | 114M+7.5% | 106M+1.9% | 104M+8.3% | |
| Weighted-avg shares (diluted) | 128M+4.1% | 123M+7.9% | 114M+7.5% | 106M+1.9% | 104M+5.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.00B+6.6% | 1.88B+1.2% | 1.85B-4.0% | 1.93B-35.8% | 3.01B-1.1% | ||
| Cash & equivalents | 1.48B+12.2% | 1.32B-0.5% | 1.32B+25.9% | 1.05B-38.5% | 1.71B-19.9% | |
| Short-term investments | 66.0M+17.9% | 56.0M+93.1% | 29.0M-87.3% | 228M-67.1% | 693M+50.0% | |
| Accounts receivable | 132M-14.8% | 155M+10.7% | 140M-48.5% | 272M+20.4% | 226M+105.5% | |
| Inventory | 71.0M-6.6% | 76.0M+1.3% | 75.0M-16.7% | 90.0M+30.4% | 69.0M+32.7% | |
| Prepaid expenses | 256M-6.6% | 274M-5.2% | 289M-1.4% | 293M-7.9% | 318M+8.9% | |
| Other current assets | 46.0M+12.2% | 41.0M+17.1% | 35.0M+6.1% | 33.0M+0.0% | 33.0M+37.5% | |
| 3.44B-0.5% | 3.46B-0.4% | 3.47B-3.0% | 3.58B-21.7% | 4.57B+0.0% | ||
| Property, plant & equipment | 516M-14.4% | 603M-19.4% | 748M-3.4% | 774M+14.8% | 674M-1.5% | |
| Operating lease right-of-use | 862M-6.8% | 925M+12.8% | 820M-2.3% | 839M-1.2% | 849M+5.1% | |
| Goodwill | 400K+0.0% | 400K+0.0% | 400K+0.0% | 400K+0.0% | 400K+0.0% | |
| Long-term investments | 20.0M+33.3% | 15.0M+7.1% | 14.0M+27.3% | 11.0M+37.5% | 8.00M | |
| Other non-current assets | 61.0M+13.0% | 54.0M+5.9% | 51.0M+50.0% | 34.0M-2.9% | 35.0M+9.4% | |
| 2.13B-10.2% | 2.37B+8.6% | 2.18B+5.4% | 2.07B-6.5% | 2.22B+2.4% | ||
| Accounts payable | 1.20B-3.5% | 1.25B+1.0% | 1.23B+2.5% | 1.20B+3.3% | 1.17B+0.8% | |
| Deferred revenue | 277M+30.7% | 212M+8.7% | 195M-8.9% | 214M-28.4% | 299M+2.0% | |
| Short-term & current debt | 39.0M-83.5% | 236M+101.7% | 117M | 0.00 | 0.00 | |
| Current lease liability | 190M+9.2% | 174M+30.8% | 133M+6.4% | 125M+13.6% | 110M+13.4% | |
| Other current liabilities | 927M-17.5% | 1.12B+18.4% | 949M+9.3% | 868M-17.4% | 1.05B+4.2% | |
| 6.22B+0.1% | 6.21B+0.5% | 6.18B+0.8% | 6.13B-1.0% | 6.19B+7.4% | ||
| Long-term debt | 3.23B+12.2% | 2.88B-6.8% | 3.09B-1.4% | 3.14B+2.8% | 3.05B+14.8% | |
| Non-current lease liability | 835M-10.1% | 929M+7.8% | 862M-3.5% | 893M+0.1% | 892M+2.5% | |
| Operating lease liability (total) | 1.02B-7.1% | 1.10B+10.9% | 995M-2.3% | 1.02B+1.6% | 1.00B+3.6% | |
| Finance lease liability (total) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other non-current liabilities | 25.0M-24.2% | 33.0M-25.0% | 44.0M+57.1% | 28.0M+0.0% | 28.0M-58.2% | |
| -2.78B-1.0% | -2.75B-1.8% | -2.71B-6.2% | -2.55B-57.5% | -1.62B-35.8% | ||
| Additional paid-in capital | 2.07B+18.4% | 1.75B+33.1% | 1.32B+78.6% | 737M+118.7% | 337M-51.8% | |
| Retained earnings | -4.82B-6.9% | -4.51B-12.2% | -4.02B-22.5% | -3.28B-68.3% | -1.95B-3.3% | |
| Accumulated other comprehensive income | -32.0M-900.0% | 4.00M+180.0% | -5.00M+28.6% | -7.00M+0.0% | -7.00M-40.0% | |
| Total liabilities & equity | 3.44B-0.5% | 3.46B-0.4% | 3.47B-3.0% | 3.58B-21.7% | 4.57B+0.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 534M+68.5% | 317M-9.2% | 349M+151.8% | -674M-264.4% | 410M-71.1% | ||
| Depreciation & amortization | 305M-21.2% | 387M-7.2% | 417M+12.4% | 371M+15.2% | 322M+12.6% | |
| Intangible amortization | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M-50.0% | |
| Share-based compensation | 335M-15.2% | 395M-34.7% | 605M+17.9% | 513M+49.1% | 344M+24.6% | |
| Change in receivables | -29.0M-182.9% | 35.0M+126.5% | -132M-375.0% | 48.0M-59.3% | 118M+686.7% | |
| Change in inventory | -6.00M-400.0% | 2.00M+112.5% | -16.0M-176.2% | 21.0M+23.5% | 17.0M+270.0% | |
| -219M+16.4% | -262M-72.4% | -152M-15300.0% | 1.00M+100.2% | -515M-118.2% | ||
| Capital expenditure | 70.0M-4.1% | 73.0M-50.7% | 148M-20.4% | 186M+84.2% | 101M-45.7% | |
| Free cash flow | 464M+90.2% | 244M+21.4% | 201M+123.4% | -860M-378.3% | 309M-74.9% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Purchases of investments | 115M+71.6% | 67.0M+86.1% | 36.0M-91.6% | 430M | — | |
| Other investing activities | 0.00 | 0.00+100.0% | -2.00M | 0.00+100.0% | -5.00M | |
| -129M-87.0% | -69.0M-189.6% | 77.0M+381.3% | 16.0M+105.3% | -303M-185.8% | ||
| Long-term debt issued | 1.38B+76.0% | 786M+15.9% | 678M+0.0% | 678M | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00-100.0% | 75.0M-75.0% | 300M-21.1% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | — | 3.00M | 0.00 | 0.00+100.0% | -3.00M | |
| FX effect on cash | -30.0M-475.0% | 8.00M+300.0% | 2.00M+100.0% | 1.00M+106.3% | -16.0M-223.1% | |
| Net change in cash | 156M+2700.0% | -6.00M-102.2% | 276M+142.1% | -656M-54.7% | -424M-127.4% | |
| Interest paid | 139M+120.6% | 63.0M+18.9% | 53.0M+96.3% | 27.0M+0.0% | 27.0M+58.8% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 13.1B+133.4% | 5.62B-22.7% | 7.28B+106.6% | 3.52B-82.4% | 20.0B-14.6% | |
| P/S | 1.1×+122.1% | 0.5×-21.8% | 0.6×+113.1% | 0.3×-80.4% | 1.5×-11.9% | |
| P/FCF | 28.3×+22.7% | 23.1×-56.3% | 52.7× | — | 64.6×+240.0% | |
| FCF yield | 3.5%-18.5% | 4.3%+128.8% | 1.9% | — | 1.5%-70.6% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: W’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all W filings on SEC EDGAR → Not investment advice.