Filing Flows › Wayfair (W) › Q2 2026
Wayfair (W) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Wayfair (W) reported revenue of $3.5B for the second quarter 2026 (Q2 2026), +8% from a year earlier and +20% from the quarter before. Operating margin was 3.0%, net loss $1.0M (0.0% of revenue).
Wayfair, Q2 2026: revenue $3.5B (+8% year over year), operating margin 3.0%, net loss $1.0M, operating cash flow $360M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5B | +20% | +8% |
| Operating profit | $104M | — | +512% |
| Net earnings | −$1.0M | — | -107% |
| Operating cash flow | $360M | — | +32% |
| Free cash flow | $301M | — | +31% |
What changed
Revenue was $3.5B in Q2 2026, up 8% year over year and up 20% from the previous quarter. U.S. was the largest line at 89% of revenue. U.S. added $0.25B year over year (up 9%), 102% of the total change. International declined 1%.
Gross margin was 30.0%, down 0.1 points from Q2 2025. Operating profit was $0.10B, a 3.0% margin (up 2.4 points year over year). Of the extra revenue versus Q2 2025, 35% reached operating profit, above the 1% margin then. Operating expenses fell 2% while revenue rose 8%. The quarter ended with a net loss of $1.0M, narrower than the previous quarter's $0.10B loss. Net interest and other expense of $0.10B was the main reason.
Operating cash flow was $0.36B (up 32% year over year). Non-cash charges added back $0.06B of depreciation and amortization and $0.07B of share-based compensation. Working capital and other items added $0.23B. After site and software development costs ($0.03B) and purchase of property and equipment ($0.03B), free cash flow as the company reports it was $0.30B.
Questions
What was Wayfair's revenue in the second quarter 2026?
Wayfair (W) reported revenue of $3.5B for the second quarter 2026 (Q2 2026), +8% from a year earlier and +20% from the quarter before.
Was Wayfair profitable in the second quarter 2026?
Operating profit was $104M (3.0% of revenue) and net loss $1.0M.
Source: Wayfair 10-Q on SEC EDGAR.