Wayfair Inc.
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
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.
FY2025 · Filed Feb 19, 2026
W$116.87+4.6%Stored close · as of Nov 9, 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, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| (in millions, except per share data) | |||
| Net revenue | $12,457 | $11,851 | $12,003 |
| Cost of goods sold | 8,692 | 8,277 | 8,336 |
| Gross profit | 3,765 | 3,574 | 3,667 |
| Operating expenses: | |||
| Customer service and merchant fees | 471 | 470 | 557 |
| Advertising | 1,425 | 1,472 | 1,397 |
| Selling, operations, technology, general and administrative | 1,776 | 1,977 | 2,447 |
| Impairment and other related net charges | 23 | 37 | 14 |
| Restructuring and other charges, net | 53 | 79 | 65 |
| Total operating expenses | 3,748 | 4,035 | 4,480 |
| Income (loss) from operations | 17 | (461) | (813) |
| Interest expense, net | (119) | (29) | (17) |
| Other income (expense), net | 31 | (21) | 1 |
| (Loss) gain on debt extinguishment, net | (233) | 29 | 100 |
| Loss before income taxes | (304) | (482) | (729) |
| Provision for income taxes, net | 9 | 10 | 9 |
| Net loss | $(313) | $(492) | $(738) |
| Loss per share | |||
| Basic | $(2.44) | $(4.01) | $(6.47) |
| Diluted | $(2.44) | $(4.01) | $(6.47) |
| Weighted-average number of shares of common stock outstanding used in computing per share amounts: | |||
| Basic | 128 | 123 | 114 |
| Diluted | 128 | 123 | 114 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.