NYSE$W

Wayfair Inc. · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Wayfair's Q3 2021 results were announced, with net revenue reaching $3.1 billion and active customers increasing by 1.5% year-over-year.

Wayfair reported a decrease in total net revenue by 18.7% year-over-year, amounting to $3.1 billion. Despite the revenue decrease, the company achieved over $100 million in adjusted EBITDA. Active customers increased by 1.5% year-over-year, reaching 29.2 million.

  • Total net revenue decreased by 18.7% year-over-year to $3.1 billion.
  • U.S. net revenue decreased by 20.8% year-over-year to $2.6 billion.
  • Active customers increased by 1.5% year-over-year, reaching 29.2 million.
  • Diluted loss per share was $(0.75), while Non-GAAP Adjusted Diluted Earnings per Share was $0.14.

Headline financials

Total Revenue

$3.12B

Previous: $3.84B-18.7%
EPS (adj)

$0.14

Previous: $2.30-93.9%
LTM Net Revenue per Customer

$484.00

Previous: $451.00+7.3%
Average Order Value

$283.00

Previous: $243.00+16.5%
Active customers

29.2M

Previous: 28.8M+1.4%
Orders delivered

11.0M

Previous: 15.8M-30.3%
Capital Expenditures

-$77.6M

Previous: -$146M+47.0%
Free Cash Flow

-$156M

Previous: $26.9M-679.3%
Net Income

-$78M

Previous: $173M-145.1%
Operating Income

-$69.8M

Previous: $222M-131.5%
Gross Profit

$883M

Previous: $1.15B-23.1%
Cash & Equivalents

$1.86B

Previous: $2.44B-23.7%
Total Assets

$4.47B

Previous: $4.56B-2.0%
Stock-Based Comp

$83.2M

Previous: $70.1M+18.6%

Revenue & EPS history

Wayfair · Revenue · Quarterly

$3.12B

Q3 2021-18.7%vs Q3 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Wayfair · $3.12B total across 2 segments · Q3 2021

  • U.S.
    $2.59B-20.8%
  • International
    $526M-6.8%

Forward guidance

The company did not provide specific forward guidance in this earnings report.

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 Q3 2021

Historical avgQ3 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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