NYSE$W

Wayfair Inc. · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Wayfair's Q2 2021 financial performance decreased compared to the previous year, but remained above pre-pandemic levels.

Wayfair reported a decrease in total net revenue to $3.9 billion, a 10.4% decrease year-over-year. The number of active customers reached 31.1 million, a 19.6% increase year-over-year. Net income was $130.4 million, and diluted earnings per share was $1.14.

  • Total net revenue decreased by 10.4% year-over-year to $3.9 billion.
  • U.S. net revenue decreased by 15.2% year-over-year to $3.1 billion.
  • International net revenue increased by 16.3% year-over-year to $0.8 billion.
  • The number of active customers increased by 19.6% year-over-year, reaching 31.1 million.

Headline financials

Total Revenue

$3.86B

Previous: $4.3B-10.4%
EPS (adj)

$1.89

Previous: $3.13-39.6%
LTM Net Revenue per Customer

$478.00

Previous: $440.00+8.6%
Average Order Value

$278.00

Previous: $227.00+22.5%
Active customers

31.1M

Previous: 26.0M+19.6%
Orders delivered

13.9M

Previous: 18.9M-26.5%
Capital Expenditures

-$49.1M

Previous: -$105M+53.2%
Free Cash Flow

$81.4M

Previous: $169M-51.9%
Net Income

$130M

Previous: $274M-52.4%
Operating Income

$145M

Previous: $300M-51.6%
Gross Profit

$1.13B

Previous: $1.32B-14.6%
Cash & Equivalents

$2.08B

Previous: $2.18B-4.7%
Total Assets

$4.68B

Previous: $4.38B+6.9%
Stock-Based Comp

$78.9M

Previous: $67.6M+16.6%

Revenue & EPS history

Wayfair · Revenue · Quarterly

$3.86B

Q2 2021-10.4%vs Q2 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Wayfair · $3.86B total across 2 segments · Q2 2021

  • U.S.
    $3.1B-15.2%
  • International
    $759M+16.3%

Forward guidance

The press release does not contain specific forward guidance. It contains forward-looking statements regarding investment plans, customer growth, future results, liquidity, business strategy, consumer behavior, e-commerce trends, technology developments, shipping costs, real estate plans and the impact of COVID-19.

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 Q2 2021

Historical avgQ2 2021

+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

Earnings price reactions
QuarterReport dateReaction (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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