NYSE$W

Wayfair Inc. · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Wayfair's Q4 2019 financial results were announced, revealing a year-over-year net revenue increase of 26% to $2.5 billion and a 34% rise in active customers, reaching 20.3 million.

Wayfair reported Q4 2019 net revenue of $2.5 billion, a 26% increase year-over-year. The number of active customers reached 20.3 million, up 34% year-over-year. GAAP net loss was $330.2 million, or $3.54 per share, while non-GAAP diluted net loss per share was $2.80. The company ended the quarter with $1.1 billion in cash, cash equivalents, and short- and long-term investments.

  • Total net revenue increased by 26% year-over-year to $2.5 billion.
  • Direct Retail net revenue also increased by 27% year-over-year to $2.5 billion.
  • The number of active customers grew by 34% year-over-year, reaching 20.3 million.
  • Orders delivered increased by 27.1% year-over-year to 11.2 million.

Headline financials

Total Revenue

$2.53B

Previous: $2.01B+25.8%
EPS (adj)

-$2.80

Previous: -$1.12-150.0%
LTM Net Revenue per Customer

$448.00

Previous: $443.00+1.1%
Average Order Value

$226.00

Previous: $227.00-0.4%
Active customers

20.3M

Previous: 15.2M+33.9%
Orders delivered

11.2M

Previous: 8.8M+27.1%
Capital Expenditures

$87.8M

Previous: $48.7M+80.2%
Free Cash Flow

-$159M

Previous: -$6.17M-2468.6%
Net Income

-$330M

Previous: -$144M-129.6%
Operating Income

-$305M

Previous: -$130M-135.7%
Gross Profit

$577M

Previous: $485M+19.0%
Cash & Equivalents

$583M

Previous: $849M-31.4%
Total Assets

$2.95B

Previous: $1.89B+56.2%
Stock-Based Comp

$65.4M

Previous: $39.4M+66.0%

Revenue & EPS history

Wayfair · Revenue · Quarterly

$2.53B

Q4 2019+25.8%vs Q4 2018
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Wayfair · $2.53B total across 2 segments · Q4 2019

  • U.S.
    $2.14B+23.9%
  • International
    $394M+37.1%

Forward guidance

The press release does not include any forward guidance.

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 Q4 2019

Historical avgQ4 2019

+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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