Filing Flows › Wayfair (W) › Q3 2026
Wayfair (W) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Wayfair (W) reported revenue of $3.4B for the third quarter 2026 (Q3 2026), +10% from a year earlier and -3% from the quarter before. Operating margin was 3.1%, net earnings $62.0M (1.8% of revenue).
Wayfair, Q3 2026: revenue $3.4B (+10% year over year), operating margin 3.1%, net earnings $62.0M, operating cash flow $198M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.4B | -3% | +10% |
| Gross profit | $1.0B | -4% | +8% |
| Operating profit | $106M | +2% | +179% |
| Net earnings | $62.0M | — | — |
| Operating cash flow | $198M | -45% | +28% |
| Free cash flow | $136M | — | +46% |
What changed
Revenue was $3.4B in Q3 2026, up 10% year over year and down 3% from the previous quarter. U.S. was the largest line at 89% of revenue. U.S. added $0.31B year over year (up 11%), 103% of the total change. International declined 2%.
Gross margin was 29.6%, down 0.4 points from Q3 2025. Operating profit was $0.11B, a 3.1% margin (up 1.9 points year over year). Of the extra revenue versus Q3 2025, 22% reached operating profit, above the 1% margin then. Operating expenses grew 1% against revenue growth of 10%. Net earnings were $0.06B. The effective tax rate was 4.6%.
Operating cash flow was $0.20B (up 28% year over year), 319% of net earnings. Non-cash charges added back $0.06B of depreciation and amortization and $0.07B of share-based compensation. 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 $0.14B.
Questions
What was Wayfair's revenue in the third quarter 2026?
Wayfair (W) reported revenue of $3.4B for the third quarter 2026 (Q3 2026), +10% from a year earlier and -3% from the quarter before.
Was Wayfair profitable in the third quarter 2026?
Operating profit was $106M (3.1% of revenue) and net earnings $62.0M.
Source: Wayfair 10-Q on SEC EDGAR.