W Q2 2023 Earnings — Wayfair Inc. Revenue & Financial Results | Market Cap Arena

WWayfair Inc.

$10B

Q2 2023 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$3.2B-3.4% YoY

Gross Profit

$985M31.1% margin

Operating Income

-$142M-4.5% margin

Net Income

-$46M-1.5% margin

EPS (Diluted)

$-0.41

QoQ Revenue Growth

+14.3%

Cash Flow

Operating Cash Flow

$217M

Free Cash Flow

$128M

Stock-Based Comp.

$164M

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$6.1B

Stockholders' Equity

-$2.7B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.2B	$3.3B	-3.4%
Gross Profit	$985M	$896M	+9.9%
Operating Income	-$142M	-$372M	+61.8%
Net Income	-$46M	-$378M	+87.8%

Revenue Segments

US Segment

$2.8B88%

International Segment

$386M12%