Wayfair (W) Gross Margin (2014 - 2026)

Wayfair (W) reported Gross Margin of 30.02% for Q1 2026, down 64.0% year-over-year from 83.4% in Q1 2025, and down 0.8% quarter-over-quarter from 30.27% in Q4 2025.

Wayfair (W) Gross Margin (2014 - 2026) Analysis & Trends

Wayfair (W) has 13 years of Gross Margin data on file, last reported at 30.02% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 30.02%, down 64.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 30.08% (down 22.0% YoY), and the FY2025 annual result was 30.22%, up 7.0% from the prior year.
  • Gross Margin fell to 30.02% in Q1 2026 per W's latest filing, from 30.27% in the prior quarter.
  • Over five years, Gross Margin peaked at 31.15% in Q3 2023 and troughed at 26.83% in Q1 2022.
  • A 5-year average of 29.74% and a median of 30.06% in 2025 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin sank 201 bps in 2022, then soared 378 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 28.8% in 2022, then climbed by 5 bps to 30.31% in 2023, then declined by 1 bps to 30.15% in 2024, then rose by 0 bps to 30.27% in 2025, then slipped by 1 bps to 30.02% in 2026.
  • Business Quant data shows W's Gross Margin at 30.02% in Q1 2026, 30.27% in Q4 2025, and 29.96% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 94.32%
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 43.66%
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 50.64%
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 72.28%
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 74.04%
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn 27.01%
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn 93.10%
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn 30.02%
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 72.42%
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn 30.13%

Historic Data

Download Data
DateValue
Mar 31, 2026 30.02%
Dec 31, 2025 30.27%
Sep 30, 2025 29.96%
Jun 30, 2025 30.06%
Mar 31, 2025 30.66%
Dec 31, 2024 30.15%
Sep 30, 2024 30.27%
Jun 30, 2024 30.19%
Mar 31, 2024 30.01%
Dec 31, 2023 30.31%
Sep 30, 2023 31.15%
Jun 30, 2023 31.06%
Mar 31, 2023 29.60%
Dec 31, 2022 28.80%
Sep 30, 2022 29.01%
Jun 30, 2022 27.28%
Mar 31, 2022 26.83%
Dec 31, 2021 27.09%
Sep 30, 2021 28.29%
Jun 30, 2021 29.25%