OTC$LOGC
Contextlogic Holdings Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Wish's Q3 2022 financial results were reported with a decrease in revenue and a net loss.
Wish reported a significant decrease in revenue, with a 66% year-over-year decline, totaling $125 million for Q3 2022. The company experienced a net loss of $124 million, and the adjusted EBITDA was a loss of $95 million. Despite these challenges, Wish saw positive operational results, including an increase in order volume and improvements in refund rates and on-time delivery.
- Total revenue decreased by 66% year-over-year to $125 million.
- Core Marketplace revenue declined by 78% year-over-year to $40 million.
- Net loss amounted to $124 million, compared to a $64 million loss in the same quarter of the previous year.
- Free cash flow was negative $100 million, an improvement from negative $344 million in the third quarter of fiscal 2021.
Headline financials
Revenue & EPS history
Wish · Revenue · Quarterly
$125M
Revenue by segment
Wish · $12.1M total across 2 segments · Q1 2026
- Packaged$10.3M—85.1%
- Non-packaged$1.8M—14.9%
Forward guidance
Wish expects Adjusted EBITDA to be a loss in the range of $90 million to $110 million for the fourth quarter of fiscal year 2022.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2022
-1.5%
Avg return
Earnings day
-4.4%
Avg return
5 days after
-7.5%
Avg return
30 days after
39%
9 / 23 earnings
Positive
+7.8%
Q1 2023
Best reaction
-10.3%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.3% | +1.4% | +15.6% | |
| Q4 2025 | +1.2% | +1.8% | +4.2% | |
| Q4 2026 | +1.2% | +1.8% | +4.2% | |
| Q3 2025 | +0.5% | +0.4% | -1.0% | |
| Q2 2025 | -1.2% | -0.1% | +7.4% | |
| Q1 2025 | +0.0% | +1.5% | -1.5% | |
| Q4 2024 | +6.7% | +6.3% | -6.4% | |
| Q3 2024 | +0.8% | +5.4% | +27.8% | |
| Q2 2024 | +2.7% | +1.7% | -1.1% | |
| Q1 2024 | -2.0% | +3.0% | +1.7% | |
| Q4 2023 | -1.2% | -2.6% | -12.7% | |
| Q3 2023 | -0.9% | +17.8% | +24.4% | |
| Q2 2023 | +5.5% | -21.8% | -33.8% | |
| Q1 2023 | +7.8% | +11.9% | -1.6% | |
| Q4 2022 | +0.4% | -31.6% | -45.6% | |
| Q3 2022 | -7.9% | +13.0% | -9.8% | |
| Q2 2022 | -9.2% | -8.6% | -34.1% | |
| Q1 2022 | -10.1% | -27.0% | -5.3% | |
| Q4 2021 | -4.2% | -19.8% | -5.1% | |
| Q3 2021 | -7.1% | -5.6% | -34.8% | |
| Q2 2021 | -4.3% | -29.3% | -30.8% | |
| Q1 2021 | -2.6% | -25.5% | -15.1% | |
| Q4 2020 | -10.3% | +4.9% | -19.4% | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — |
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