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Sep 30, 2021

Wayfair Q3 2021 Earnings Report

Wayfair's Q3 2021 results were announced, with net revenue reaching $3.1 billion and active customers increasing by 1.5% year-over-year.

Key Takeaways

Wayfair reported a decrease in total net revenue by 18.7% year-over-year, amounting to $3.1 billion. Despite the revenue decrease, the company achieved over $100 million in adjusted EBITDA. Active customers increased by 1.5% year-over-year, reaching 29.2 million.

Total net revenue decreased by 18.7% year-over-year to $3.1 billion.

U.S. net revenue decreased by 20.8% year-over-year to $2.6 billion.

Active customers increased by 1.5% year-over-year, reaching 29.2 million.

Diluted loss per share was $(0.75), while Non-GAAP Adjusted Diluted Earnings per Share was $0.14.

Total Revenue
$3.12B
Previous year: $3.84B
-18.7%
EPS
$0.14
Previous year: $2.3
-93.9%
Active Customers
29.21M
Previous year: 28.8M
+1.4%
LTM Net Revenue Per Customer
$484
Previous year: $451
+7.3%
Orders Delivered
11.02M
Previous year: 15.8M
-30.3%
Gross Profit
$883M
Previous year: $1.15B
-23.1%
Cash and Equivalents
$1.86B
Previous year: $2.44B
-23.7%
Free Cash Flow
-$203M
Previous year: $255M
-179.7%
Total Assets
$4.47B
Previous year: $4.56B
-2.0%

Wayfair

Wayfair

Wayfair Revenue by Segment

Wayfair Revenue by Geographic Location

Forward Guidance

The company did not provide specific forward guidance in this earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income