Wayfair Inc. Announces First Quarter 2026 Financial Results

Wayfair Inc. reported its financial results for the first quarter ended March 31, 2026. The company generated total net revenue of $2.9 billion, a 7.4% increase year-over-year, with U.S. net revenue up 7.5% and international net revenue up 6.0%. Gross profit was $880 million, or 30.0% of net revenue. The company reported a net loss of $105 million and a Non-GAAP Adjusted EBITDA of $151 million, with a diluted loss per share of $0.80 and Non-GAAP Adjusted Diluted Earnings Per Share of $0.26. Active customers increased by 1.4% year-over-year to 21.4 million. The company highlighted strong revenue performance, improved profitability with a 5.2% Adjusted EBITDA margin, and an acceleration in market share gains. Wayfair also noted investments in its core offering, logistics network, and technology platform, and plans to manage upcoming maturities and dilution.