NYSE$W
Wayfair Inc. · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Wayfair's financial performance declined in Q1 2022, with revenue and profitability metrics showing year-over-year decreases.
Wayfair's Q1 2022 results revealed a decrease in total net revenue to $3.0 billion, a 13.9% drop year-over-year. The company reported a net loss of $319 million, with a diluted loss per share of $3.04. Active customers also decreased by 23.4% year-over-year, while LTM net revenue per active customer increased by 12.8%.
- Total net revenue decreased by 13.9% year-over-year to $3.0 billion.
- U.S. net revenue decreased by 9.9% year-over-year to $2.5 billion.
- International net revenue decreased by 31.4% year-over-year to $0.5 billion.
- Net loss was $319 million, with a diluted loss per share of $3.04.
Headline financials
Revenue & EPS history
Wayfair · Revenue · Quarterly
$2.99B
Revenue by segment
Wayfair · $2.99B total across 2 segments · Q1 2022
- U.S.$2.54B-9.9%84.9%
- International$451M-31.3%15.1%
Forward guidance
Wayfair is focused on navigating the dynamic environment by acting with agility and balancing near-term demands with longer-term opportunities. The company is focused on returning to adjusted EBITDA profitability.
Tailwinds
- Consumer health remains relatively strong.
- Shoppers are still very interested in the home category.
- Wayfair had its most successful Way Day event ever last week.
- Supply chain constraints are expected to ease.
- The company is well positioned to outperform and gain share.
Headwinds
- Multiple macro cross-currents are filtering through the global economy.
- The company is facing near-term demands.
- The company experienced a decrease in total net revenue.
- The company reported a net loss.
- The company experienced a decrease in active customers.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+1.9%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+3.4%
Avg return
30 days after
50%
23 / 46 earnings
Positive
+40.4%
Q2 2015
Best reaction
-27.1%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -10.4% | -13.7% | -1.7% | |
| Q4 2025 | -12.7% | -19.2% | -20.9% | |
| Q3 2025 | +23.1% | +19.7% | +30.2% | |
| Q1 2025 | +3.5% | -0.0% | +36.7% | |
| Q4 2024 | -0.6% | -7.5% | -27.3% | |
| Q3 2024 | -2.1% | -5.6% | +8.0% | |
| Q2 2024 | -12.2% | -20.0% | -21.8% | |
| Q1 2024 | +25.8% | +37.6% | +17.7% | |
| Q4 2023 | +7.7% | +17.5% | +29.8% | |
| Q3 2023 | +9.6% | +8.4% | +37.4% | |
| Q2 2023 | +14.0% | +12.2% | -1.0% | |
| Q1 2023 | +28.4% | +17.1% | +38.1% | |
| Q4 2022 | -24.9% | -18.7% | -31.3% | |
| Q3 2022 | -8.0% | -10.2% | +18.3% | |
| Q2 2022 | -3.3% | -7.5% | -22.9% | |
| Q1 2022 | -27.1% | -35.6% | -35.8% | |
| Q4 2021 | +8.1% | +9.2% | -5.4% | |
| Q3 2021 | -8.4% | -6.8% | -12.8% | |
| Q2 2021 | +5.1% | +13.6% | +9.0% | |
| Q1 2021 | +12.7% | +20.3% | +18.5% | |
| Q4 2020 | +12.0% | +24.0% | +33.1% | |
| Q3 2020 | +5.7% | +17.8% | -6.2% | |
| Q2 2020 | +7.5% | +2.5% | -10.3% | |
| Q1 2020 | +34.8% | +40.2% | +32.4% | |
| Q4 2019 | -12.2% | -12.8% | -34.2% | |
| Q3 2019 | -17.2% | -19.4% | -16.0% | |
| Q2 2019 | -2.9% | -6.5% | -14.0% | |
| Q1 2019 | -9.0% | -10.8% | -11.9% | |
| Q4 2018 | +36.7% | +39.7% | +35.1% | |
| Q3 2018 | -15.7% | -15.2% | -3.7% | |
| Q2 2018 | +4.1% | +7.2% | +26.1% | |
| Q1 2018 | +16.9% | +26.1% | +45.8% | |
| Q4 2017 | -21.4% | -20.3% | -29.4% | |
| Q3 2017 | -9.3% | -19.0% | -5.6% | |
| Q2 2017 | -9.6% | -13.5% | -8.4% | |
| Q1 2017 | +25.5% | +18.7% | +43.1% | |
| Q4 2016 | -4.8% | -8.4% | -7.0% | |
| Q3 2016 | +1.1% | +6.1% | +14.7% | |
| Q2 2016 | -21.8% | -19.2% | -14.2% | |
| Q1 2016 | +7.5% | — | — | |
| Q4 2015 | +2.0% | — | — | |
| Q3 2015 | -9.3% | — | — | |
| Q2 2015 | +40.4% | — | — | |
| Q1 2015 | -2.6% | — | — | |
| Q4 2014 | +10.0% | — | — | |
| Q3 2014 | -9.0% | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — |
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