Wayfair (W) Net Margin (2014 - 2026)
Wayfair (W) recorded Net Margin of -0.03% in Q2 2026, down 0.49 percentage points from 0.46% a year earlier but up 3.55 percentage points from the prior quarter.
Wayfair (W) Net Margin (2014 - 2026) Analysis & Trends
On a TTM basis, Wayfair's Net Margin came in at -2.49% as of Jun 30, 2026, up 0.01 percentage points year-over-year; for FY2025, it was -2.51%, up 1.64 percentage points from FY2024.
- Annual Net Margin has increased for three straight years, though with a five-year change of -3.82 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -4.15% in FY2024 (+2.00 pp), -6.15% in FY2023 (+4.75 pp), -10.89% in FY2022 (-9.94 pp) and -0.96% in FY2021 (-2.26 pp).
- Quarterly Net Margin has ranged from -12.80% in Q1 2023 to 0.46% in Q2 2025 over the past five years.
- On a year-over-year basis, Net Margin rose in six of the last eight quarters, with an average year-over-year change of +1.41 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 10.06 percentage points in Q2 2023, against a drop of 14.91 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -3.58% (Q1 2026), -3.48% (Q4 2025) and -3.18% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,829.78 Bn | 2,346.48 Bn | 104.83 Bn | 31.23% |
| 2 | Home Depot | 290.18 Bn | 283.42 Bn | 16.12 Bn | 9.96% |
| 3 | Tjx Companies | 152.80 Bn | 130.34 Bn | 5.07 Bn | 10.01% |
| 4 | Lowes Companies | 104.32 Bn | 97.29 Bn | 8.58 Bn | 9.24% |
| 5 | Ross Stores | 71.10 Bn | 54.02 Bn | 2.12 Bn | 13.59% |
| 6 | O Reilly Automotive | 70.56 Bn | 69.64 Bn | 2.52 Bn | 14.62% |
| 7 | Carvana | 70.07 Bn | 61.67 Bn | 1.38 Bn | 4.20% |
| 8 | Target | 69.82 Bn | 64.41 Bn | 8.94 Bn | 7.07% |
| 9 | Autozone | 48.00 Bn | 46.90 Bn | 2.52 Bn | 13.25% |
| 10 | Wayfair | 14.37 Bn | 9.40 Bn | 1.05 Bn | -0.03% |
Historic 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% |
Wayfair Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=W&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "W", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=W&period=max&api_key=YOUR_API_KEY");
const data = await res.json();