Wayfair Inc. · NYSE:W
Wayfair — Q2 2026 Earnings Presentation
12 slides from Wayfair's earnings presentation, Aug 4, 2026
Slide 1: Wayfair Announces Second Quarter 2026 Results
Exhibit 99.1 Wayfair Announces Second Quarter 2026 Results, Reports Strongest Free Cash Flow Since 2020 Q2 Net Revenue of $3.5 billion with 21.7 million Active Customers BOSTON, MA — August 4, 2026 — Wayfair Inc. (“Wayfair,” “we,” or “our”) (NYSE: W), the destination for all things home, today repor
Slide 2: Key Financial Statement and Operating Metrics
Key Financial Statement and Operating Metrics Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 (in millions, except LTM net revenue per active customer, average order value and per share data) Key Financial Statement Metrics: Net revenue $ 3,519 $ 3,273 $ 6,450 $ 6,003 Gross
Slide 3: Webcast and Conference Call
Webcast and Conference Call Wayfair will host a conference call and webcast to discuss its second quarter 2026 financial results today at 8 a.m. (ET). Investors and participants should register for the call in advance by visiting https://events.q4inc.com/analyst/622572405?pwd=UaY8U308. After registe
Slide 4: Forward-Looking Statements
Forward-Looking Statements This press release contains forward-looking statements within the meaning of federal and state securities laws. All statements other than statements of historical fact contained in this press release are forward-looking statements, including statements regarding our invest
Slide 5: Wayfair Inc. Condensed Consolidated Balance Sheets
WAYFAIR INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) June 30, December 31, 2026 2025 (in millions, except share and per share data) Assets: Current assets Cash and cash equivalents $ 1,065 $ 1,476 Short-term investments 78 66 Accounts receivable, net 184 132 Inventories 84 71 Prepaid expen
Slide 6: Wayfair Inc. Condensed Consolidated Statements of Operations
WAYFAIR INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 (in millions, except per share data) Net revenue (1) $ 3,519 $ 3,273 $ 6,450 $ 6,003 Cost of goods sold (2) 2,465 2,289 4,516 4,182 Gross profit 1,054 98
Slide 7: Equity-Based Compensation and Related Taxes
(2) Includes equity-based compensation and related taxes as follows: Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 (in millions) Cost of goods sold $ 2 $ 2 $ 3 $ 4 Customer service and merchant fees 3 4 5 7 Selling, operations, technology, general and administrative 67 95
Slide 8: Wayfair Inc. Condensed Consolidated Statements of Cash Flows
WAYFAIR INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Six Months Ended June 30, 2026 2025 (in millions) Cash flows from operating activities: Net loss $ (106) $ (98) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 131 1
Slide 9: Non-GAAP Financial Measures
Non-GAAP Financial Measures To supplement our unaudited condensed consolidated financial statements presented in accordance with generally accepted accounting principles (“GAAP”), this earnings release and the accompanying tables and the related earnings conference call contain certain non-GAAP fina
Slide 10: Forward-Looking Non-GAAP Financial Measures
We calculate forward-looking non-GAAP financial measures based on internal forecasts that omit certain amounts that would be included in forward-looking GAAP financial measures. We do not attempt to provide a reconciliation of forward- looking non-GAAP financial measures to forward looking GAAP fina
Slide 11: Reconciliation of Net Loss to Adjusted EBITDA
The following table reflects the reconciliation of net (loss) income to Adjusted EBITDA and Adjusted EBITDA margin for each of the periods indicated: Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 (in millions, except percentages) Reconciliation of Adjusted EBITDA: Net (lo
Slide 12: Reconciliation of Operating Cash Flow to Free Cash Flow
The following table presents a reconciliation of net cash provided by or used in operating activities to Free Cash Flow for each of the periods indicated: Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 (in millions) Net cash provided by operating activities $ 360 $ 273 $ 3