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Dec 31, 2023

Wayfair Q4 2023 Earnings Report

Wayfair's Q4 2023 results reflected progress in profitability journey with slight revenue increase and active customer growth.

Key Takeaways

Wayfair's Q4 2023 total net revenue increased slightly to $3.1 billion, up 0.4% year over year. The company reported a net loss of $174 million but achieved a Non-GAAP Adjusted EBITDA of $92 million. Active customers grew by 1.4% year over year, reaching 22.4 million.

Total net revenue increased by 0.4% year over year to $3.1 billion.

Active customers increased by 1.4% year over year, totaling 22.4 million.

Net loss was $174 million, while Non-GAAP Adjusted EBITDA was $92 million.

Orders delivered increased by 2.7% year over year to 11.3 million.

Total Revenue
$3.11B
Previous year: $3.1B
+0.4%
EPS
-$0.11
Previous year: -$1.71
-93.6%
Active Customers
22.4M
Previous year: 22.1M
+1.4%
LTM Net Revenue Per Customer
$537
Previous year: $553
-2.9%
Orders Delivered
11.3M
Previous year: 11M
+2.7%
Gross Profit
$944M
Previous year: $893M
+5.7%
Cash and Equivalents
$1.32B
Previous year: $1.05B
+25.9%
Free Cash Flow
$62M
Previous year: -$19M
-426.3%
Total Assets
$3.47B
Previous year: $3.58B
-3.0%

Wayfair

Wayfair

Wayfair Revenue by Segment

Wayfair Revenue by Geographic Location

Forward Guidance

No specific forward guidance was provided in the press release.

Revenue & Expenses

Visualization of income flow from segment revenue to net income