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Wayfair W Deferred Revenue

Deferred Revenue at other companies

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$2.68B-3.5%

Other financials

Income statement

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Revenue$3.5B+7.5%
Gross profit$1.1B+7.1%
Operating income$104.0M+512%
Net income-$1.0M-107%
EPS (diluted)-$0.01-109%

Balance sheet

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Cash & equivalents$1.1B-19.7%
Total debt$2.8B-25.5%
Total equity-$2.8B-2.5%
Total assets$3.0B-9.2%

Cash flow

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Operating cash flow$360.0M+31.9%
CapEx$26.0M+100%
Free cash flow$334.0M+28.5%

Valuation

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Market cap$14.25B+43.4%
Enterprise value$15.99B+29.2%
P/S1.1×+0.3×

Profitability

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Gross margin30.1%-0.2pp
Operating margin1.7%+1.0pp
Net margin-2.5%0.0pp
FCF margin4.4%+1.6pp

Returns & leverage

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Return on equity-380.2%
Debt / equity135.6×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by Wayfair in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The source filing: Wayfair’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:05 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001616707-26-000113

Contract liabilities included in other current liabilities were $255 million at March 31, 2026 and $277 million at December 31, 2025. During the three months ended March 31, 2026, Wayfair recognized $158 million of net revenue that was included within other current liabilities as of December 31, 2025. During the three months ended March 31, 2025, Wayfair recognized $148 million of net revenue that was included within other current liabilities as of December 31, 2024.

Item 1. Financial Statements

FAQ

What is Wayfair's deferred revenue?
Wayfair (W) reported deferred revenue of $255M in Q1 2026.
How has Wayfair's deferred revenue changed year-over-year?
Wayfair's deferred revenue increased by 9.9% year-over-year, from $232M to $255M.
What is the long-term trend for Wayfair's deferred revenue?
Over 2 years (2023 to 2025), Wayfair's deferred revenue has grown at a 16.5% compound annual growth rate (CAGR), from $204M to $277M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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