Wayfair Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.46B | $11.85B | $12.00B | $12.22B | $13.71B | $14.15B | $9.13B | $6.78B |
| Cost of Revenue | $8.69B | $8.28B | $8.34B | $8.80B | $9.81B | $10.03B | $6.98B | $5.19B |
| Gross Profit | $3.77B | $3.57B | $3.67B | $3.42B | $3.90B | $4.11B | $2.15B | $1.59B |
| Gross Margin | 30.2% | 30.2% | 30.6% | 28.0% | 28.4% | 29.1% | 23.5% | 23.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $17.0M | $-461.0M | $-813.0M | $-1.38B | $-94.0M | $360.0M | $-930.0M | $-473.3M |
| Operating Margin | 0.1% | -3.9% | -6.8% | -11.3% | -0.7% | 2.5% | -10.2% | -7.0% |
| Interest Expense | $165.0M | $83.0M | $63.0M | — | — | — | — | — |
| Pretax Income | $-304.0M | $-482.0M | $-729.0M | $-1.32B | $-130.0M | $205.0M | $-982.0M | $-502.0M |
| Income Tax Expense | $9.0M | $10.0M | $9.0M | $12.0M | $1.0M | $20.0M | $3.0M | $2.0M |
| Net Income | $-313.0M | $-492.0M | $-738.0M | $-1.33B | $-131.0M | $185.0M | $-985.0M | $-504.1M |
| Net Margin | -2.5% | -4.2% | -6.1% | -10.9% | -1.0% | 1.3% | -10.8% | -7.4% |
| EPS (Basic) | $-2.44 | $-4.01 | $-6.47 | $-12.54 | $-1.26 | $1.93 | $-10.68 | $-5.63 |
| EPS (Diluted) | $-2.44 | $-4.01 | $-6.47 | $-12.54 | $-1.26 | $1.86 | $-10.68 | $-5.63 |
| Shares Outstanding (Basic) | 128.0M | 123.0M | 114.0M | 106.0M | 104.0M | 96.0M | 92.0M | 89.5M |
| Shares Outstanding (Diluted) | 128.0M | 123.0M | 114.0M | 106.0M | 104.0M | 99.0M | 92.0M | 89.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |