Wayfair (W) Net Margin (2014 - 2026)
Wayfair (W) reported Net Margin of 3.58% for Q1 2026, up 56.0% year-over-year from 2.3% in Q1 2025, and down 3.06% on a QoQ basis from 3.48% in Q4 2025.
Wayfair (W) has 13 years of Net Margin data on file, last reported at 3.58% in Q1 2026.
- Quarterly Net Margin rose 56.0% year-over-year to 3.58% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.41% (up 60.0% YoY) and the FY2025 annual result came in at 2.51%, up 164.0% from the prior year.
- Net Margin eased 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.
- The 5-year median for Net Margin is 4.14% (2025), against an average of 5.87%.
- The widest annual swing landed in 2022, when Net Margin tumbled 1491 bps; it then surged 1006 bps in 2023.
- Tracing W's Net Margin over 5 years: stood at 11.32% in 2022, then surged by 51 bps to 5.59% in 2023, then increased by 27 bps to 4.1% in 2024, then grew by 15 bps to 3.48% in 2025, then slipped by 3 bps to 3.58% in 2026.
- Per Business Quant, the three latest W Net Margin figures stand 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 | 2,907.49 Bn | 2,764.40 Bn | 171.21 Bn | 16.68% |
| 2 | Mercadolibre | 85.96 Bn | 80.31 Bn | 3.86 Bn | 4.71% |
| 3 | DoorDash | 69.36 Bn | 64.50 Bn | 2.04 Bn | 4.53% |
| 4 | PDD Holdings | 66.56 Bn | 41.90 Bn | 12.81 Bn | 19.81% |
| 5 | Ebay | 48.95 Bn | 45.09 Bn | 2.29 Bn | - |
| 6 | Coupang | 30.30 Bn | 30.21 Bn | 2.30 Bn | -3.13% |
| 7 | Maplebear | 9.52 Bn | 8.83 Bn | 738.00 Mn | 14.13% |
| 8 | Wayfair | 9.47 Bn | 8.40 Bn | 880.00 Mn | -3.58% |
| 9 | Chewy | 9.33 Bn | 8.46 Bn | 959.70 Mn | 1.20% |
| 10 | Etsy | 6.54 Bn | 5.11 Bn | 455.60 Mn | -5.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 3.40% |
| Mar 31, 2021 | 0.52% |
| Dec 31, 2020 | 0.65% |
| Sep 30, 2020 | 4.51% |
| Jun 30, 2020 | 6.36% |
| Mar 31, 2020 | -12.27% |
| Dec 31, 2019 | -13.05% |
| Sep 30, 2019 | -11.80% |
| Jun 30, 2019 | -7.76% |
| Mar 31, 2019 | -10.30% |
| Dec 31, 2018 | -7.14% |
| Sep 30, 2018 | -8.90% |
| Jun 30, 2018 | -6.09% |
| Mar 31, 2018 | -7.67% |
| Dec 31, 2017 | -5.06% |
| Sep 30, 2017 | -6.38% |
| Jun 30, 2017 | -3.46% |
| Mar 31, 2017 | -5.88% |
| Dec 31, 2016 | -4.46% |
| Sep 30, 2016 | -7.07% |
| Jun 30, 2016 | -6.13% |
| Mar 31, 2016 | -5.51% |
| Dec 31, 2015 | -2.09% |
| Sep 30, 2015 | -2.61% |
| Jun 30, 2015 | -3.93% |
| Mar 31, 2015 | -6.39% |
| Dec 31, 2014 | -14.22% |
| Sep 30, 2014 | -8.59% |
| Jun 30, 2014 | -9.47% |
| Mar 31, 2014 | -12.62% |