Wayfair Inc.: Beat — EPS $0.93, Revenue $3.42B
Earnings BeatQ3 2026 · Pre-market
Did Wayfair Inc. (W) beat earnings today?
Yes, Wayfair Inc. (W) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+14.81% surprise
$0.93Actual
Expected: $0.81
vs. year ago +32.9%
Total Revenue+1.18% surprise
$3.42BActual
Expected: $3.38B
vs. year ago +9.7%
Released Nov 04 · 7:00 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Net revenue | $3.42K | $3.12K | +9.7% |
| Revenue detail — reported lines | |||
| └─U.S. net revenue | $3.04K | $2.73K | +11.4% |
| └─International net revenue | $ 380 | $ 389 | -2.3% |
| Net income | $ 62 | $ (99) | - |
| Basic EPS | $ 0.45 | $ (0.76) | - |
| Diluted EPS | $ 0.45 | $ (0.76) | - |
| Adjusted Diluted Earnings per Share | $ 0.93 | $ 0.70 | +32.9% |
Business Highlights
- ➤Active customers reached 22.2 million as of September 30, 2026.
- ➤Orders delivered increased to 11.0 million during the quarter.
- ➤Repeat customers placed 80.0% of total delivered orders.
- ➤Repeat customers placed 8.8 million orders during the quarter.
- ➤Mobile devices accounted for 64.4% of total delivered orders.
- ➤Wayfair offers home furnishings across styles and budgets, from inspiration through installation.
Management Commentary
Niraj Shah, CEO, co-founder and co-chairman
“Q3 was our strongest quarter of growth in the post-pandemic period, with total net revenue up 9.7% year-over-year and our U.S. business growing over 11%. That growth flowed through nicely to the bottom line, with an Adjusted EBITDA Margin of 6.9%, our best Q3 result since 2020.”
Niraj Shah, CEO, co-founder and co-chairman
“At the start of this year, we told you we expected to take share in the U.S. at a pace we had not seen in several years. With U.S. revenue growing double digits against a roughly flat category here in Q3, we've done exactly that. That growth was driven by orders, which were up 12% year-over-year, and active customers up more than 4%. The momentum we have on orders and customers give us confidence that our share gains are structural, and we are still in the early innings.”