W Q1 2024 Earnings — Wayfair Inc. Revenue & Financial Results | Market Cap Arena

WWayfair Inc.

$10B

Q1 2024 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$2.7B-1.6% YoY

Gross Profit

$819M30.0% margin

Operating Income

-$235M-8.6% margin

Net Income

-$248M-9.1% margin

EPS (Diluted)

$-2.07

QoQ Revenue Growth

-12.4%

Cash Flow

Operating Cash Flow

-$139M

Free Cash Flow

-$193M

Stock-Based Comp.

$119M

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$6.1B

Stockholders' Equity

-$2.8B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.8B	-1.6%
Gross Profit	$819M	$821M	-0.2%
Operating Income	-$235M	-$347M	+32.3%
Net Income	-$248M	-$355M	+30.1%

Revenue Segments

US Segment

$2.4B88%

International Segment

$338M12%