NYSE$W
Wayfair Inc. · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Wayfair's Q3 2023 earnings were marked by positive year-over-year revenue growth, driven by strong order momentum and profitability.
Wayfair reported a 3.7% year-over-year increase in net revenue to $2.9 billion, driven by strength in orders. The company achieved positive Adjusted EBITDA of $100 million and positive Free Cash Flow for the second consecutive quarter. Active customers totaled 22.3 million as of September 30, 2023.
- Total net revenue increased by 3.7% year-over-year to $2.9 billion.
- U.S. net revenue increased by 5.4% year-over-year to $2.6 billion.
- The company reported positive Adjusted EBITDA of $100 million.
- Orders delivered increased by 13.8% year-over-year to 9.9 million.
Headline financials
Revenue & EPS history
Wayfair · Revenue · Quarterly
$2.94B
Revenue by segment
Wayfair · $2.94B total across 2 segments · Q3 2023
- U.S.$2.57B+5.4%87.4%
- International$372M-7.0%12.6%
Forward guidance
Even with a turbulent macro, we remain committed to our profitability goals in good times and bad. We will continue to drive peerless focus and execution into 2024 and beyond, as we push every day to be the number one shopping destination for the home.
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 2023
+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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