Wayfair Inc. (W) Operating Margin (2014 - 2026)

Wayfair has disclosed Operating Margin across 13 years of filings, most recently posting 0.38% for Q1 2026.

• In Q1 2026, Operating Margin rose 409.0% year-over-year to 0.38%; the TTM figure through Mar 2026 stood at 1.01% (up 395.0% YoY), while the FY2025 annual figure was 0.14%, up 403.0% from the prior year.
• Operating Margin fell to 0.38% in Q1 2026, from 2.52% in the prior quarter.
• Over the last five years, Operating Margin for W reached as high as 2.52% in Q4 2025 and fell as low as 13.1% in Q3 2022.
• The 5-year median for Operating Margin is 4.48% (2023), against an average of 5.28%.
• Annual changes were most pronounced in 2022 — Operating Margin sank 1511 bps — and 2023, when it jumped 794 bps.
• A 5-year view of Operating Margin shows it stood at 10.64% in 2022, then jumped by 48 bps to 5.52% in 2023, then surged by 32 bps to 3.75% in 2024, then jumped by 167 bps to 2.52% in 2025, then tumbled by 115 bps to 0.38% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 0.38%, 2.52%, and 1.22% for Q1 2026, Q4 2025, and Q3 2025 respectively.