Wayfair Q4 2020 Earnings Report
Key Takeaways
Wayfair reported a 45% year-over-year increase in net revenue, reaching $3.7 billion. The company achieved profitability with a net income of $23.8 million and a non-GAAP EPS of $1.24. Active customers also saw a significant increase, reaching 31.2 million, up 54% year-over-year.
Total net revenue increased by 44.9% year-over-year to $3.7 billion.
U.S. net revenue grew by 40.1% year-over-year to $3.0 billion.
International net revenue increased by 70.7% year-over-year to $671.8 million.
The number of active customers reached 31.2 million, a 53.7% increase year-over-year.
Wayfair
Wayfair
Wayfair Revenue by Segment
Wayfair Revenue by Geographic Location
Forward Guidance
Wayfair is confident that their long-term orientation and years of investments should translate to compounding share gains and increasing profitability in a rapidly growing e-commerce market.
Revenue & Expenses
Visualization of income flow from segment revenue to net income