Wayfair (W) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Wayfair published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Wayfair reports EPS two ways: GAAP, under the accounting rules every US filer follows, and Adjusted Diluted Earnings per Share (non-GAAP), which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Q3 2025 included a $99 million loss on debt extinguishment, which accounts for most of the swing from a net loss of $99 million to net income of $62 million.
• Wayfair's Adjusted Diluted EPS adds back equity-based compensation and related taxes, so it runs well above GAAP EPS; in Q3 2026 that add-back was $66 million.

Source: Wayfair Q3 2026 results, November 4, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Wayfair splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Wayfair's U.S. revenue was $3.0 billion in Q3 2026, up 11% from $2.7 billion in Q3 2025, 89% of total revenue.
• Wayfair's International revenue was $380 million in Q3 2026, down 2% from $389 million in Q3 2025, 11% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net revenue and diluted earnings (loss) per share, each as first reported in that quarter's release.

We do not hold a confirmed date for Wayfair's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 4, 2026

Wayfair reports two segments. In Q3 2026 U.S. net revenue was $3,040 million, up 11.4% from $2,728 million, and International net revenue was $380 million, down 2.3% from $389 million. Total net revenue rose $303 million, or 9.7%, to $3,420 million, which CEO Niraj Shah called the strongest quarter of growth in the post-pandemic period. (Wayfair Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 4, 2026)

Wayfair said the increase came primarily from higher order volume, partly offset by lower average order value. Orders delivered were 11.0 million, up 12.2%, while average order value fell to $311 from $317. Repeat customers placed 8.8 million orders, 80.0% of the total, and 64.4% of orders were placed on a mobile device. (Wayfair Form 10-Q, Q3 2026, Nov 4, 2026; Wayfair Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 4, 2026)

Active customers were 22.2 million at September 30, 2026, up 4.7%, and last-twelve-month net revenue per active customer was $596, up 3.1%. Shah said U.S. revenue grew double digits against a roughly flat category in the quarter. (Wayfair Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 4, 2026)

International revenue fell 1.8% in constant currency. Wayfair's international business runs only under the Wayfair brand, through Wayfair.ca, Wayfair.co.uk and Wayfair.ie, and the segment had Adjusted EBITDA of -$25 million in the quarter against $261 million in the U.S. Wayfair's other brands, AllModern, Birch Lane, Joss & Main, Perigold and Wayfair Professional, sell in the U.S., where the segment also includes the physical retail stores. (Wayfair Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 4, 2026; Wayfair Form 10-Q, Q3 2026, Nov 4, 2026; Wayfair Form 10-K, 2025, Feb 19, 2026)

Wayfair earned GAAP diluted EPS of $0.45 in Q3 2026 against a loss of $0.76 a year earlier, on net income of $62 million against a net loss of $99 million. The year-ago quarter carried a $99 million loss on debt extinguishment; the latest quarter had none. (Wayfair Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 4, 2026)

Adjusted Diluted EPS was $0.93 against $0.70. To reach it, Wayfair adds back equity-based compensation and related taxes of $66 million, interest on convertible notes of $2 million and the $3 million tax provision, giving adjusted net income of $133 million over 143 million adjusted diluted shares. GAAP diluted shares were 138 million against 130 million. (Wayfair Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 4, 2026)

Wayfair repurchased $60 million of Class A stock in the quarter at an average price of $100.01, the only buybacks in the first nine months of 2026; it bought back none in the same period of 2025. It also entered a $60 million equity instrument to facilitate repurchases, which settled on October 28, 2026 for $64 million in cash. (Wayfair Form 10-Q, Q3 2026, Nov 4, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Wayfair's Q3 2026 earnings release does not include an outlook for Q4 or the full year; the company discusses its expectations on the earnings call, held on November 4, 2026 at 8 a.m. ET. The release states that Wayfair does not reconcile forward-looking non-GAAP measures to GAAP. (Wayfair Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover Wayfair, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Wayfair's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning W is on is W a buy or a sell?, what analysts expect next is on the W forecast, and what the company does is on the Wayfair (W) stock page.

Every number on this page can be traced to a document Wayfair published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.