Wayfair (W) Operating Expenses (2013 - 2026)
Wayfair (W) posted quarterly Operating Expenses of $891.0 million for Q1 2026, down 7.09% year-over-year from $959.0 million in Q1 2025, and down 3.78% quarter-over-quarter from $926.0 million in Q4 2025.
Analysis
Wayfair (W) Operating Expenses (2013 - 2026) Analysis & Trends
Wayfair (W) has reported Operating Expenses for 14 consecutive years, with $891.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 7.09% year-over-year to $891.0 million; the TTM figure through Mar 2026 stood at $3.7 billion (down 6.6% YoY), while the FY2025 annual figure was $3.7 billion, down 7.11% from the prior year.
- Operating Expenses retreated to $891.0 million in Q1 2026 per W's latest filing, from $926.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $1.3 billion in Q2 2022 and bottomed at $891.0 million in Q1 2026.
- Historically, Operating Expenses has averaged $1.1 billion across 5 years, with a median of $1.1 billion in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses rose 29.12% — and 2024, when it dropped 13.4%.
- Wayfair's Operating Expenses stood at $1.2 billion in 2022, then slipped by 8.75% to $1.1 billion in 2023, then decreased by 5.2% to $1.1 billion in 2024, then decreased by 12.48% to $926.0 million in 2025, then declined by 3.78% to $891.0 million in 2026.
- Business Quant data shows W's Operating Expenses at $891.0 million in Q1 2026, $926.0 million in Q4 2025, and $896.0 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,737.80 Bn | 2,614.81 Bn | 198.88 Bn | 330.81 Bn |
| 2 | PDD Holdings | 116.50 Bn | -48,009.91 Bn | 9.45 Bn | -5.39 Bn |
| 3 | DoorDash | 99.56 Bn | 94.21 Bn | 2.35 Bn | 4.30 Bn |
| 4 | Mercadolibre | 98.86 Bn | 83.66 Bn | 4.16 Bn | 3.48 Bn |
| 5 | Sea | 67.86 Bn | 59.46 Bn | 3.55 Bn | -2.90 Bn |
| 6 | Ebay | 47.14 Bn | 43.84 Bn | 2.30 Bn | 1.63 Bn |
| 7 | JD.com | 39.73 Bn | 7.17 Bn | 16.50 Bn | -3.06 Bn |
| 8 | Coupang | 28.59 Bn | 22.48 Bn | 2.49 Bn | 9.41 Bn |
| 9 | Wayfair | 12.74 Bn | 11.60 Bn | 1.05 Bn | 950.00 Mn |
| 10 | Maplebear | 11.80 Bn | 10.95 Bn | 751.00 Mn | 608.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 950.00 Mn |
| Mar 31, 2026 | 891.00 Mn |
| Dec 31, 2025 | 926.00 Mn |
| Sep 30, 2025 | 896.00 Mn |
| Jun 30, 2025 | 967.00 Mn |
| Mar 31, 2025 | 959.00 Mn |
| Dec 31, 2024 | 1.06 Bn |
| Sep 30, 2024 | 947.00 Mn |
| Jun 30, 2024 | 976.00 Mn |
| Mar 31, 2024 | 1.05 Bn |
| Dec 31, 2023 | 1.12 Bn |
| Sep 30, 2023 | 1.07 Bn |
| Jun 30, 2023 | 1.13 Bn |
| Mar 31, 2023 | 1.17 Bn |
| Dec 31, 2022 | 1.22 Bn |
| Sep 30, 2022 | 1.20 Bn |
| Jun 30, 2022 | 1.27 Bn |
| Mar 31, 2022 | 1.11 Bn |
| Dec 31, 2021 | 1.08 Bn |
| Sep 30, 2021 | 953.00 Mn |