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Jun 30, 2022

Wayfair Q2 2022 Earnings Report

Wayfair's financial performance declined due to macroeconomic environment.

Key Takeaways

Wayfair's Q2 2022 earnings revealed a decrease in total net revenue by 14.9% year over year, reaching $3.3 billion. The company experienced a net loss of $378 million, with a diluted loss per share of $3.59. Active customers decreased by 24.1% year over year, while LTM net revenue per active customer increased by 12.3%.

Total net revenue decreased by 14.9% year over year to $3.3 billion.

U.S. net revenue decreased by 9.7% year over year to $2.8 billion.

International net revenue decreased by 35.7% year over year to $0.5 billion.

Active customers decreased by 24.1% year over year, reaching 23.6 million.

Total Revenue
$3.28B
Previous year: $3.86B
-14.9%
EPS
-$1.94
Previous year: $1.89
-202.6%
Active Customers
23.6M
Previous year: 31.1M
-24.1%
LTM Net Revenue Per Customer
$537
Previous year: $478
+12.3%
Orders Delivered
10M
Previous year: 13.9M
-28.1%
Gross Profit
$896M
Previous year: $1.13B
-20.6%
Cash and Equivalents
$1.09B
Previous year: $2.08B
-47.4%
Free Cash Flow
-$244M
Previous year: $207M
-217.9%
Total Assets
$4.1B
Previous year: $4.68B
-12.5%

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