Wayfair (W) Net Margin (2014 - 2026)
Wayfair (W) posted quarterly Net Margin of 3.58% for Q1 2026, up 56.0% year-over-year from 2.3% in Q1 2025, and down 3.06% quarter-over-quarter from 3.48% in Q4 2025.
Wayfair (W) Net Margin (2014 - 2026) Analysis & Trends
Wayfair (W) has reported Net Margin for 13 consecutive years, with 3.58% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 56.0% year-over-year to 3.58%; the TTM figure through Mar 2026 stood at 2.41% (up 60.0% YoY), while the FY2025 annual figure was 2.51%, up 164.0% from the prior year.
- Net Margin fell to 3.58% in Q1 2026 per W's latest filing, from 3.48% in the prior quarter.
- Across five years, Net Margin topped out at 0.46% in Q2 2025 and bottomed at 12.8% in Q1 2023.
- Historically, Net Margin has averaged 5.87% across 5 years, with a median of 4.14% in 2025.
- Annual changes were most pronounced in 2022 — Net Margin sank 1491 bps — and 2023, when it jumped 1006 bps.
- Wayfair's Net Margin stood at 11.32% in 2022, then surged by 51 bps to 5.59% in 2023, then advanced by 27 bps to 4.1% in 2024, then gained by 15 bps to 3.48% in 2025, then fell by 3 bps to 3.58% in 2026.
- Business Quant data shows W's Net Margin at 3.58% in Q1 2026, 3.48% in Q4 2025, and 3.18% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,942.95 Bn | 2,819.97 Bn | 198.88 Bn | 24.31% |
| 2 | PDD Holdings | 508.05 Bn | 448.51 Bn | 9.83 Bn | 19.81% |
| 3 | Mercadolibre | 97.02 Bn | 81.83 Bn | 4.16 Bn | 4.58% |
| 4 | DoorDash | 93.69 Bn | 88.35 Bn | 2.35 Bn | 4.47% |
| 5 | JD.com | 87.61 Bn | 58.43 Bn | 7.66 Bn | 1.62% |
| 6 | Sea | 78.10 Bn | 69.58 Bn | 3.15 Bn | 12.24% |
| 7 | Ebay | 47.48 Bn | 44.17 Bn | 2.30 Bn | -0.06% |
| 8 | Coupang | 29.69 Bn | 23.58 Bn | 2.49 Bn | -6.44% |
| 9 | Zkh | 15.94 Bn | 15.94 Bn | 51.11 Mn | 0.00% |
| 10 | Wayfair | 13.68 Bn | 12.54 Bn | 1.05 Bn | -0.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.03% |
| Mar 31, 2026 | -3.58% |
| Dec 31, 2025 | -3.48% |
| Sep 30, 2025 | -3.18% |
| Jun 30, 2025 | 0.46% |
| Mar 31, 2025 | -4.14% |
| Dec 31, 2024 | -4.10% |
| Sep 30, 2024 | -2.57% |
| Jun 30, 2024 | -1.35% |
| Mar 31, 2024 | -9.09% |
| Dec 31, 2023 | -5.59% |
| Sep 30, 2023 | -5.54% |
| Jun 30, 2023 | -1.45% |
| Mar 31, 2023 | -12.80% |
| Dec 31, 2022 | -11.32% |
| Sep 30, 2022 | -9.96% |
| Jun 30, 2022 | -11.51% |
| Mar 31, 2022 | -10.66% |
| Dec 31, 2021 | -6.21% |
| Sep 30, 2021 | -2.50% |