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Wayfair W Operating Lease Liabilities

Operating Lease Liabilities at other companies

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TargetTGT
$3.42B-4.2%
Lowe's Companies logo
Lowe's CompaniesLOW
$3.94B+7.3%
Walmart
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Walmart WMT
$14.39B+12.4%
Home Depot logo
Home DepotHD
$8.16B+5.8%
Williams-Sonoma logo
Williams-SonomaWSM
$1.28B+12.2%
Amazon logo
AmazonAMZN
$90.81B+13.7%

Other financials

Income statement

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Revenue$2.9B+7.4%
Gross profit$880.0M+5.1%
Operating income-$11.0M+91.0%
Net income-$105.0M+7.1%
EPS (diluted)-$0.80+10.1%

Balance sheet

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Cash & equivalents$1.0B-25.0%
Total debt$3.6B-7.1%
Total equity-$2.8B-1.2%
Total assets$2.9B-16.1%

Cash flow

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Operating cash flow-$52.0M+45.8%
CapEx$25.0M+400%
Free cash flow-$77.0M+23.8%

Valuation

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Market cap$11.68B+142%
Enterprise value$14.32B+87.7%
P/S0.9×+0.5×

Profitability

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Gross margin30.1%-0.2pp
Operating margin1%+0.6pp
Net margin-2.4%-0.4pp
FCF margin3.9%+1.4pp

Returns & leverage

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Return on equity-380.2%
Debt / equity135.6×
Current ratio0.8×-0.1×

Where this comes from

Reported directly by Wayfair in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityNoncurrent.

The official record: Wayfair’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wayfair's operating lease liabilities?
Wayfair (W) reported operating lease liabilities of $704M in Q1 2026.
How has Wayfair's operating lease liabilities changed year-over-year?
Wayfair's operating lease liabilities decreased by 23.0% year-over-year, from $914M to $704M.
What is the long-term trend for Wayfair's operating lease liabilities?
Over 5 years (2020 to 2025), Wayfair's operating lease liabilities has grown at a -0.8% compound annual growth rate (CAGR), from $870M to $835M.
What does operating lease liabilities mean?
The long-term portion of the company's future rental and lease payments.
How do you interpret operating lease liabilities?
An increase indicates expansion of physical footprint or long-term commitments to infrastructure, while a decrease suggests consolidation or shorter lease terms.
How does operating lease liabilities compare across companies?
Commonly compared across retail companies based on the size of their logistics and physical office networks.