Wayfair Inc. logo W - Wayfair Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 29
HOLD 24
SELL 3
STRONG
SELL
0
| PRICE TARGET: $99.47 DETAILS
HIGH: $125.00
LOW: $75.00
MEDIAN: $100.00
CONSENSUS: $99.47
UPSIDE: 48.31%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue
Revenue 12,457 11,851 12,003 12,218 13,708 14,145.2 9,127.1 6,779.2 4,720.9 3,380.4 2,249.9 1,319.0 915.8 601.0
Cost of Revenue 8,692 8,277 8,336 8,802 9,813 10,033.0 6,979.7 5,192.5 3,602.1 2,572.5 1,709.2 1,007.9 691.6 455.9
Gross Profit 3,765 3,574 3,667 3,416 3,895 4,112.2 2,147.3 1,586.7 1,118.8 807.8 540.7 311.1 224.2 145.1
Operating Expenses
R&D Expenses 0 257 0 224 171 132 82 51.3 34.5 21.6 15.3 9.9 7 4.8
SG&A Expenses 3,418 3,919 4,401 4,730 3,977 3,242 3,077 2,061.7 1,344.7 1,004.0 622.1 458.9 239.7 166.3
Other Expenses 330 (141) 79 (154) (171) 377.8 (81.7) (53.0) (24.9) (21.6) (15.3) (9.9) (6.5) (4.6)
Operating Expenses 3,748 4,035 4,480 4,800 3,977 3,751.8 3,077.3 2,060.0 1,354.3 1,004.0 622.1 458.9 240.3 166.5
Operating Income
Operating Income 17 (461) (813) (1,384) (94) 360.3 (929.9) (473.3) (235.5) (196.2) (81.3) (147.8) (16.0) (21.4)
Interest Expense 83 29 17 27 32 146 55 28.6 9.4 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0.7 1.3 0.3 0.2 0.2
Profitability
EBITDA 82 (66) (295) (921) 224 637.4 (735) (349.9) (147.7) (140.6) (48.9) (125.8) (2.9) (12.1)
EBIT (223) (453) (712) (1,292) (98) 351.7 (927) (473.5) (234.7) (196.2) (81.3) (147.8) (16.0) (21.4)
Income Before Tax (306) (482) (729) (1,319) (130) 205.3 (981.6) (502.0) (244.1) (193.8) (77.3) (147.9) (15.5) (21.0)
Income Tax Expense 7 10 9 12 1 20.3 3.0 2.0 0.5 0.6 0.1 0.2 0.0 0.1
Net Income (313) (492) (738) (1,331) (131) 185 (984.6) (504.1) (244.6) (194.4) (77.4) (148.1) (15.5) (21.1)
Per Share Data
EPS (Basic) -2.42 -4.00 -6.47 -12.56 -1.26 1.93 -10.68 -5.63 -2.81 -2.29 -0.92 -1.81 -0.58 -0.80
EPS (Diluted) -2.42 -4.00 -6.47 -12.56 -1.26 1.86 -10.68 -5.63 -2.81 -2.29 -0.92 -1.81 -0.58 -0.80
Shares Outstanding 130.3 123 114 106 104 95.8 92.2 89.5 87.0 85.0 83.7 81.6 70.3 41.3
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 1,476 1,316 1,322 1,050 1,706 2,130 582.8 849.5 559.0 279.8
Short-Term Investments 66 56 29 228 693 462 404.3 114.3 61.0 68.7
Net Receivables 132 290 234 341 296 172 148.0 100.1 80.8 54.2
Inventory 71 76 75 90 69 52 61.7 46.2 28.0 18.6
Other Current Assets 256 73 114 129 155 180 134.2 114.9 54.5 34.3
Total Current Assets 2,001 1,877 1,855 1,933 3,012 3,046 1,377.1 1,255.9 816.8 477.1
Non-Current Assets
Property, Plant & Equipment 1,378 1,528 1,568 1,613 1,523 1,492 1,387.9 607.0 361.1 239.4
Goodwill 0 0 0 0 0 0.4 0.4 2.1 1.9 1.9
Intangible Assets 0 13 14 15 16 16.6 18.4 0.5 1.2 2.3
Long-Term Investments 0 15 14 11 8 0 155.7 6.5 21.6 31.0
Other Non-Current Assets 61 26 23 8 11 15 13.5 18.8 10.8 10.0
Total Non-Current Assets 1,439 1,582 1,619 1,647 1,558 1,524 1,575.9 634.9 396.6 284.6
Total Assets 3,440 3,459 3,474 3,580 4,570 4,570 2,953.0 1,890.8 1,213.4 761.7
Current Liabilities
Account Payables 1,202 1,246 1,234 1,204 1,166 1,157 908.1 650.2 440.4 379.5
Short-Term Debt 0 236 117 0 0 0 0 0 0 0
Deferred Revenue 0 212 195 0 299 293 167.6 148.1 94.1 65.9
Other Current Liabilities 927 228 217 266 320 318 251.6 169.9 104.4 66.1
Total Current Liabilities 2,129 2,370 2,183 2,072 2,217 2,166 1,611.5 1,139.2 739.8 557.2
Non-Current Liabilities
Long-Term Debt 4,068 2,882 3,092 3,137 3,052 2,659 1,456.2 738.9 332.9 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 25 33 44 28 28 67 6.9 160.4 106.5 96.2
Total Non-Current Liabilities 4,093 3,844 3,998 4,058 3,972 3,596 2,285.7 1,082.3 522.0 125.1
Total Liabilities 6,222 6,214 6,181 6,130 6,189 5,762 3,897.3 2,221.6 1,261.7 682.3
Stockholders' Equity
Common Stock 0 0 0 0 0 0 0.1 0.1 0.1 0.1
Retained Earnings (4,823) (4,510) (4,018) (3,280) (1,949) (1,886) (2,065.4) (1,082.7) (583.3) (329.9)
Accumulated Other Comprehensive Income (32) 4 (5) (7) (7) (5) (1.4) (1.8) (2.4) 0.0
Total Stockholders' Equity (2,782) (2,755) (2,707) (2,550) (1,619) (1,192) (944.2) (330.7) (48.3) 79.4
Total Liabilities & Equity 3,440 3,459 3,474 3,580 4,570 4,570 2,953.0 1,890.8 1,213.4 761.7
Debt Metrics
Total Debt 4,068 4,221 4,204 4,155 4,054 3,626 2,369.9 982.0 453.0 68.8
Net Debt 2,592 2,905 2,882 3,105 2,348 1,496 1,787.1 132.6 (105.9) (211.0)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income (313) (492) (738) (1,331) (131) 185.0 (984.6) (504.1) (244.6) (194.4)
Depreciation & Amortization 305 387 417 371 322 285.7 192.4 123.5 87.0 55.6
Stock-Based Compensation 335 395 605 513 344 276 227.5 127.6 67.8 49.4
Change in Working Capital (49) 11 146 (219) (150) 522.9 307.5 315.3 116.4 151.9
Other Non-Cash Items 256 16 (81) (8) 13 146.9 60.4 22.5 7.0 0.3
Operating Cash Flow 534 317 349 (674) 410 1,416.7 (196.8) 84.9 33.6 62.8
Investing Activities
Capital Expenditure (70) (234) (351) (458) (280) (334.4) (400.9) (222.0) (146.9) (128.1)
Acquisitions 0 0 0 272 0 0 0 0 46.4 1.5
Purchases of Investments (115) (67) (36) (430) (989) (481.7) (553.9) (99.0) (54.6) (88.1)
Sales/Maturities of Investments 101 39 233 889 749 580.2 115.5 61.1 71.1 119.8
Other Investing Activities (135) (161) (201) (272) 5 (0.1) (15.6) (0.4) (46.4) (1)
Investing Cash Flow (219) (262) (152) 1 (515) (236.1) (854.8) (260.3) (130.3) (95.9)
Financing Activities
Net Debt Issuance (89) (72) 164 171 0 988 935 562.0 420.4 0
Stock Repurchased 0 0 0 (75) (300) (380.2) 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (40) 3 (87) (80) (3) (255.2) (146.4) (94.7) (45.7) (21.1)
Financing Cash Flow (129) (69) 77 16 (303) 352.6 786.5 467.5 375.0 (20.9)
Cash Position
Net Change in Cash 156 (6) 276 (656) (424) 1,546.7 (266.7) 290.5 279.1 (54.3)
Cash at Beginning 1,320 1,326 1,050 1,706 2,130 582.8 849.5 559.0 279.8 334.2
Cash at End 1,476 1,320 1,326 1,050 1,706 2,129.4 582.8 849.5 559.0 279.8
Free Cash Flow 464 83 (2) (1,132) 130 1,082.3 (597.7) (137.1) (113.2) (65.3)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Income Statement
Revenue 12,457 11,851 12,003 12,218 13,708 14,145.2 9,127.1 6,779.2 4,720.9 3,380.4 2,249.9 1,319.0 915.8 601.0
Gross Profit 3,765 3,574 3,667 3,416 3,895 4,112.2 2,147.3 1,586.7 1,118.8 807.8 540.7 311.1 224.2 145.1
Operating Income 17 (461) (813) (1,384) (94) 360.3 (929.9) (473.3) (235.5) (196.2) (81.3) (147.8) (16.0) (21.4)
Net Income (313) (492) (738) (1,331) (131) 185 (984.6) (504.1) (244.6) (194.4) (77.4) (148.1) (15.5) (21.1)
EPS (Diluted) -2.42 -4.00 -6.47 -12.56 -1.26 1.86 -10.68 -5.63 -2.81 -2.29 -0.92 -1.81 -0.58 -0.80
Balance Sheet
Cash & Equivalents 1,476 1,316 1,322 1,050 1,706 2,130 582.8 849.5 559.0 279.8
Total Assets 3,440 3,459 3,474 3,580 4,570 4,570 2,953.0 1,890.8 1,213.4 761.7
Total Debt 4,068 4,221 4,204 4,155 4,054 3,626 2,369.9 982.0 453.0 68.8
Stockholders' Equity (2,782) (2,755) (2,707) (2,550) (1,619) (1,192) (944.2) (330.7) (48.3) 79.4
Cash Flow
Operating Cash Flow 534 317 349 (674) 410 1,416.7 (196.8) 84.9 33.6 62.8
Capital Expenditure (70) (234) (351) (458) (280) (334.4) (400.9) (222.0) (146.9) (128.1)
Free Cash Flow 464 83 (2) (1,132) 130 1,082.3 (597.7) (137.1) (113.2) (65.3)