Filing Flows › Wayfair (W) › Q2 2026 › vs Q2 2025
Wayfair (W) Q2 2026 vs Q2 2025 (year over year)
Wayfair's revenue rose $246M (+8%) from $3.3B in Q2 2025 to $3.5B in Q2 2026. The biggest changes: U.S. +$251M (+9%); International −$5.0M (-1%).
Wayfair, Q2 2026: revenue $3.5B (+8% year over year), operating margin 3.0%, net loss $1.0M, operating cash flow $360M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 8.6% | 7.0% | +1.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| U.S. | $3.1B | $2.9B | $251M | +9% |
| International | $394M | $399M | −$5.0M | -1% |
| Revenue | $3.5B | $3.3B | $246M | +8% |
| Net loss | $1.0M | −$15.0M | $16.0M | — |
| Costs & expenses | $3.5B | $3.3B | $247M | +8% |
| Operating costs | $3.4B | $3.3B | $159M | +5% |
| Interest & other, net | $102M | $0 | $102M | — |
| Income tax | $3.0M | $2.0M | $1.0M | +50% |
| Cost of revenue | $2.5B | $2.3B | $176M | +8% |
| Operating expenses | $950M | $967M | −$17.0M | -2% |
| Operating cash sources | $361M | $258M | $103M | +40% |
| Depreciation & amortization | $64.0M | $78.0M | −$14.0M | -18% |
| Share-based compensation | $69.0M | $100M | −$31.0M | -31% |
| Working capital & other | $228M | $80.0M | $148M | +185% |
| Net loss absorbed | $1.0M | −$15.0M | $16.0M | — |
| Operating cash flow | $360M | $273M | $87.0M | +32% |
| Free Cash Flow (company-reported) | $301M | $230M | $71.0M | +31% |
| Site and software development costs | $33.0M | $30.0M | $3.0M | +10% |
| Purchase of property and equipment | $26.0M | $13.0M | $13.0M | +100% |
Questions
How much did Wayfair's revenue grow year over year in Q2 2026?
Wayfair's revenue rose $246M (+8%) from $3.3B in Q2 2025 to $3.5B in Q2 2026.
What drove Wayfair's revenue change in Q2 2026?
U.S.