Wayfair Inc.

W Consumer Cyclical Internet Retail

Wayfair Inc.’s revenue for fiscal 2025 (year ended December 2025) was $12.5 billion, up 5.11% from fiscal 2024.

Revenue
+9.72%
EPS
+159.2%
Free cash flow
+28.5%
Total debt
−6.40%

Quarter to September 2026, against a year earlier

122.88 11.56 +10.38%
Market cap
$15.3B
P/E
0.0×
Fwd P/E
−1,810×
Dividend yield
—
F-score
6/9
Altman Z
2.87
Beneish M
−3.77
Dividend safety
n/a

Wayfair Inc. (W) Operating margin

Alert me on Operating margin

Wayfair Inc.'s operating margin over the twelve months to 30 September 2026 was 2.14%, up 2.0 percentage points from fiscal 2025 (0.14%). Over the past ten years it has ranged from −11.3% (fiscal 2022) to 2.55% (fiscal 2020); the current reading is higher than 91% of that period. That is above the Internet Retail industry median of 0.76% and below the Consumer Cyclical sector median of 3.97%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 0.14% 4.03
FY2024 −3.89% 2.88
FY2023 −6.77% 4.56
FY2022 −11.3% (10.64)
FY2021 −0.69% (3.24)
FY2020 2.55% 12.74
FY2019 −10.2% (3.21)
FY2018 −6.98% (1.99)
FY2017 −4.99% 0.81
FY2016 −5.80% (2.18)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 3.10% 0.14
Jun 2026 2.96% 3.34
Mar 2026 −0.38% (2.90)
Dec 2025 2.52% 1.30
43 more quarters

Against its own ten years

Low −11.3% High 2.55%
Ten-year median −4.99%
Current reading's percentile 90

Operating margin against peers

Company Operating margin
CART Maplebear Inc. compare 14.8%
GLBE Global-e Online Ltd. compare 14.3%
ETSY Etsy, Inc. compare 14.0%
SE Sea Limited Sponsored ADR compare 8.24%
VIPS Vipshop Holdings Limited compare 7.77%
CHWY Chewy compare 2.51%
W Wayfair Inc. 1.67%
JD JD.com, Inc. compare 0.15%
CPNG Coupang, Inc. compare −3.43%
Internet Retail industry median 0.76%
Consumer Cyclical sector median 3.97%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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