Wayfair Inc
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 20, 2025
W$112.52-3.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| (in millions, except per share data) | |||
| Net revenue | $11,851 | $12,003 | $12,218 |
| Cost of goods sold | 8,277 | 8,336 | 8,802 |
| Gross profit | 3,574 | 3,667 | 3,416 |
| Operating expenses: | |||
| Customer service and merchant fees | 470 | 557 | 632 |
| Advertising | 1,472 | 1,397 | 1,473 |
| Selling, operations, technology, general and administrative | 1,977 | 2,447 | 2,625 |
| Impairment and other related net charges | 37 | 14 | 39 |
| Restructuring charges | 79 | 65 | 31 |
| Total operating expenses | 4,035 | 4,480 | 4,800 |
| Loss from operations | (461) | (813) | (1,384) |
| Interest expense, net | (29) | (17) | (27) |
| Other (expense) income, net | (21) | 1 | (4) |
| Gain on debt extinguishment | 29 | 100 | 96 |
| Loss before income taxes | (482) | (729) | (1,319) |
| Provision for income taxes, net | 10 | 9 | 12 |
| Net loss | $(492) | $(738) | $(1,331) |
| Loss per share: | |||
| Basic | $(4.01) | $(6.47) | $(12.54) |
| Diluted | $(4.01) | $(6.47) | $(12.54) |
| Weighted-average number of shares of common stock outstanding used in computing per share amounts: | |||
| Basic | 123 | 114 | 106 |
| Diluted | 123 | 114 | 106 |
.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.