Wayfair Reports Q3 2026 Results with Double-Digit U.S. Revenue Growth and Return to Profitability

Executive Summary

Wayfair Inc. filed an 8-K under Item 2.02 reporting financial results for the third quarter ended September 30, 2026. The company demonstrated accelerating revenue growth and a return to profitability, driven by strong market share gains in its core U.S. business.

Key Financial Highlights

• Revenue Performance: Total net revenue reached $3.42 billion, up 9.7% year-over-year. U.S. net revenue expanded 11.4% to $3.0 billion, while International net revenue fell 2.3% to $380 million (-1.8% constant currency).
• Profitability Turnaround: GAAP net income turned positive at $62 million ($0.45 diluted EPS), compared to a net loss of $(99) million ($(0.76) diluted EPS) in Q3 2025. Non-GAAP Adjusted Diluted EPS reached $0.93.
• Adjusted EBITDA: Rose to $236 million (6.9% margin), up from $208 million in the prior-year period.
• Cash Flow & Liquidity: Operating cash flow generated $198 million and Free Cash Flow reached $136 million. Cash, cash equivalents, and short-term investments totaled $1.1 billion with total available liquidity of $1.5 billion.

Operational Metrics

• Customer Base: Active customers increased 4.7% year-over-year to 22.2 million.
• Order Metrics: Orders delivered reached 11.0 million, up 12.2% year-over-year. Repeat customers accounted for 80.0% of total delivered orders.
• Monetization: LTM net revenue per active customer grew 3.1% to $596, while Average Order Value (AOV) settled at $311 compared to $317 in Q3 2025.