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Sep 30, 2023
Wayfair Q3 2023 Earnings Report
Wayfair's Q3 2023 earnings were marked by positive year-over-year revenue growth, driven by strong order momentum and profitability.
Key Takeaways
Wayfair reported a 3.7% year-over-year increase in net revenue to $2.9 billion, driven by strength in orders. The company achieved positive Adjusted EBITDA of $100 million and positive Free Cash Flow for the second consecutive quarter. Active customers totaled 22.3 million as of September 30, 2023.
Total net revenue increased by 3.7% year-over-year to $2.9 billion.
U.S. net revenue increased by 5.4% year-over-year to $2.6 billion.
The company reported positive Adjusted EBITDA of $100 million.
Orders delivered increased by 13.8% year-over-year to 9.9 million.
Revenue by Geographic Location
Forward Guidance
Even with a turbulent macro, we remain committed to our profitability goals in good times and bad. We will continue to drive peerless focus and execution into 2024 and beyond, as we push every day to be the number one shopping destination for the home.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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