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Mar 31, 2020
Wayfair Q1 2020 Earnings Report
Revenue increased and active customers grew, but the company still experienced a net loss.
Key Takeaways
Wayfair's Q1 2020 earnings report revealed a 20% year-over-year increase in net revenue, reaching $2.3 billion. The number of active customers also rose by 29% to 21.1 million. However, the company reported a GAAP net loss of $285.9 million and a non-GAAP diluted net loss per share of $2.30.
Total net revenue increased by 19.8% year-over-year to $2.3 billion.
The number of active customers reached 21.1 million, a 28.6% increase year-over-year.
GAAP net loss was $285.9 million.
Non-GAAP Diluted Net Loss Per Share was $2.30.
Wayfair
Wayfair
Wayfair Revenue by Segment
Wayfair Revenue by Geographic Location
Forward Guidance
Wayfair did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income