Wayfair Q2 revenue slightly beats estimates on order growth

Wayfair

04/08/2026 12:22

Overview
Online home goods retailer's Q2 revenue rose 7.5%, slightly beating analyst expectations
Adjusted EPS for Q2 beat analyst expectations
Adjusted EBITDA for Q2 beat analyst expectations, driven by higher U.S. revenue and order growth

Outlook
Wayfair did not provide specific guidance for the current or future quarters in its press release

Result Drivers
ORDER GROWTH - Co said Q2 revenue growth was fueled by a 6% increase in orders delivered and a 3.3% rise in active customers
BRAND PERFORMANCE - Specialty retail brands grew nearly 20% and Perigold grew over 35%, contributing to overall results, per CEO Niraj Shah
U.S. REVENUE STRENGTH - U.S. net revenue grew 8.7% year over year, the best post-COVID Q2 growth, according to CEO Niraj Shah

Company press release: ID:nPn3zYTqFa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Beat*
$3.5 bln
$3.47 bln (26 Analysts)
Q2 Adjusted EPS
Beat
$0.95
$0.89 (24 Analysts)
Q2 Loss Per Share
 
$0.01
 
Q2 Net Loss
 
$1 mln
 
Q2 Adjusted EBITDA
Beat
$242 mln
$227.93 mln (25 Analysts)
Q2 Gross Profit
 
$1.05 bln
 
Q2  Non-GAAP Free Cash Flow 
 
$301 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy", 14 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the department stores peer group is "buy"
Wall Street's median 12-month price target for Wayfair Inc is $97.00, about 8.6% above its August 3 closing price of $89.31
The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 21 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)