Wayfair (W) Operating Leases (2019 - 2026)

Wayfair (W) reported Operating Leases of $704.0 million for Q1 2026, down 22.98% year-over-year from $914.0 million in Q1 2025, and down 15.69% quarter-over-quarter from $835.0 million in Q4 2025.

Wayfair (W) Operating Leases (2019 - 2026) Analysis & Trends

Wayfair (W) has 8 years of Operating Leases data on file, last reported at $704.0 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $704.0 million, down 22.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $704.0 million (down 22.98% YoY), and the FY2025 annual result was $835.0 million, down 24.3% from the prior year.
  • Operating Leases slipped to $704.0 million in Q1 2026 per W's latest filing, from $835.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $1.1 billion in Q4 2024 and troughed at $704.0 million in Q1 2026.
  • A 5-year average of $897.7 million and a median of $884.0 million in 2024 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2022 and 2025: Operating Leases advanced 14.13% in 2022, then slipped 24.3% in 2025.
  • A 5-year view of Operating Leases shows it stood at $1.0 billion in 2022, then declined by 2.26% to $995.0 million in 2023, then increased by 10.85% to $1.1 billion in 2024, then fell by 24.3% to $835.0 million in 2025, then slipped by 15.69% to $704.0 million in 2026.
  • Business Quant data shows W's Operating Leases at $704.0 million in Q1 2026, $835.0 million in Q4 2025, and $857.0 million in Q3 2025.

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 704.00 Mn
Dec 31, 2025 835.00 Mn
Sep 30, 2025 857.00 Mn
Jun 30, 2025 869.00 Mn
Mar 31, 2025 914.00 Mn
Dec 31, 2024 1.10 Bn
Sep 30, 2024 884.00 Mn
Jun 30, 2024 893.00 Mn
Mar 31, 2024 905.00 Mn
Dec 31, 2023 995.00 Mn
Sep 30, 2023 827.00 Mn
Jun 30, 2023 861.00 Mn
Mar 31, 2023 867.00 Mn
Dec 31, 2022 1.02 Bn
Sep 30, 2022 909.00 Mn
Jun 30, 2022 939.00 Mn
Mar 31, 2022 881.00 Mn
Dec 31, 2021 892.00 Mn
Sep 30, 2021 867.60 Mn
Jun 30, 2021 899.43 Mn