Wayfair ( (W) ) has released its Q1 earnings. Here is a breakdown of the information Wayfair presented to its investors.
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Wayfair Inc., a leading online retailer specializing in home goods, operates in the e-commerce sector with a focus on providing a wide range of products for home improvement and decoration. The company is known for its extensive selection and seamless shopping experience.
In the first quarter of 2025, Wayfair reported net revenue of $2.7 billion, maintaining a stable year-over-year performance. The company highlighted its ability to capture market share and improve profitability despite challenging market conditions, with a notable increase in U.S. net revenue by 1.6%.
Key financial metrics from the quarter include a gross profit of $837 million, representing 30.7% of total net revenue, and a net loss of $113 million. The company also reported a non-GAAP adjusted EBITDA of $106 million and a diluted loss per share of $0.89. Wayfair’s active customer base decreased by 5.4% year-over-year to 21.1 million, while the average order value increased to $301.
Looking forward, Wayfair’s management remains optimistic about its strategic direction, focusing on disciplined execution, strengthening supplier partnerships, and investing in high-return growth initiatives. The company aims to navigate the dynamic market conditions with a flexible and efficient operating model, confident in its ability to emerge stronger.
Wayfair’s future plans include enhancing its core offerings, improving financial strength, and building long-term competitive advantages. The company is committed to driving profitable growth and maximizing free cash flow while maintaining a strong focus on customer satisfaction and operational efficiency.