Quarterly ResultApr 30, 2026, 07:12 AM
W Q1 Net Revenue $2.9B, +7.4%; Adj. EBITDA $151M, Adj. EPS $0.26
AI Summary
Wayfair Inc. reported its first-quarter 2026 financial results, with total net revenue increasing 7.4% year-over-year to $2.9 billion. The company significantly improved its profitability, achieving an Adjusted EBITDA of $151 million and Adjusted Diluted Earnings Per Share of $0.26. Wayfair also saw a return to active customer growth, reaching 21.4 million, and outperformed the home furnishings category.
Key Highlights
- Total net revenue increased 7.4% year-over-year to $2.9 billion.
- Non-GAAP Adjusted EBITDA reached $151 million, up from $106 million YoY.
- Non-GAAP Adjusted Diluted EPS was $0.26, compared to $0.10 in Q1 2025.
- Net loss improved to $105 million from $113 million in the prior year.
- Active customers grew 1.4% year-over-year to 21.4 million.
- U.S. net revenue increased 7.5% to $2.6 billion.
- International net revenue increased 6.0% to $319 million.
- Net cash used in operating activities improved to $52 million from $96 million YoY.