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Wayfair W International — Advertising

Other segment segments

U.S.
$294M-3.9%

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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
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:AdvertisingExpense.

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
Line itemThree Months Ended March 31, 2026 / U.S.Three Months Ended March 31, 2026 / InternationalThree Months Ended March 31, 2026 / TotalThree Months Ended March 31, 2025 / U.S.Three Months Ended March 31, 2025 / InternationalThree Months Ended March 31, 2025 / Total
Net revenue$2,612$319$2,931$2,429$301$2,730
Less:
Cost of goods sold (1)1,8112292,0401,6861931,879
Advertising2943532930638344
Other segment items (2)3466541134259401
Adjusted EBITDA$161$(10)$151$95$11$106
Less: reconciling items (3)256219
Net loss$(105)$(113)

Item 1. Financial Statements

FAQ

What is Wayfair's international — advertising?
Wayfair (W) reported international — advertising of $35M in Q1 2026.
How has Wayfair's international — advertising changed year-over-year?
Wayfair's international — advertising decreased by 7.9% year-over-year, from $38M to $35M.
What is the long-term trend for Wayfair's international — advertising?
Over 3 years (2022 to 2025), Wayfair's international — advertising has grown at a -4.4% compound annual growth rate (CAGR), from $196M to $171M.
What does international — advertising mean?
Captures the marketing and promotional expenditures specifically allocated to drive customer acquisition and brand awareness within international markets. This reflects the company's investment strategy to grow its global customer base.

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