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Wayfair W Operating margin

Operating margin at other companies

Bassett Furniture Industries logo
Bassett Furniture IndustriesBSET
2.3%+1.4pp
Target logo
TargetTGT
4.5%-0.9pp
La-Z-Boy logo
La-Z-BoyLZB
6.1%-0.4pp
Lowe's Companies logo
Lowe's CompaniesLOW
11.5%-0.8pp
Walmart logo
WalmartWMT
4.2%-0.2pp
GHC
Graham HoldingsGHC
5.1%-0.6pp

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$14.73B+48.2%
Enterprise value$16.47B+33.1%
P/S1.1×+0.3×

Profitability

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Gross margin30.1%-0.2pp
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

Calculated from Wayfair’s reported figures.

Based on trailing twelve months.

The source filing: Wayfair’s 8-K, filed August 4, 2026. Open the filing →

Filed
Aug 4, 2026, 7:02 AM EDT
Accession
0001616707-26-000147

FAQ

What is Wayfair's operating margin?
Wayfair (W) reported operating margin of 1.7% in Q2 2026.
How has Wayfair's operating margin changed year-over-year?
Wayfair's operating margin increased by 167.6% year-over-year, from -2.5% to 1.7%.
What is the long-term trend for Wayfair's operating margin?
Over 5 years (2020 to 2025), Wayfair's operating margin has grown at a -44.3% compound annual growth rate (CAGR), from 2.5% to 0.1%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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