Financials Wayfair Inc.

Equities

W

US94419L1017

Department Stores

Market Closed - Nyse Other stock markets 16:00:03 2026-03-10 EDT			5-day change	1st Jan Change
74.83 ^USD	-1.18%		-0.86%	-25.48%

03-09	Wayfair Inc. Launches Wayfair Rewards in Canada	CI
03-03	Wayfair Inc Announces Opening of Second Large-Format Store in Atlanta	CI

Projected Income Statement: Wayfair Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	13,708	12,218	12,003	11,851	12,457	13,100	13,883	14,668
Change	-	-10.87%	-1.76%	-1.27%	5.11%	5.16%	5.98%	5.65%
EBITDA ¹	614	-416	306	453	743	835.3	966.1	1,090
Change	-	-167.75%	173.56%	48.04%	64.02%	12.42%	15.66%	12.85%
EBIT ¹	292	-787	-111	66	438	540.4	656.3	768.8
Change	-	-369.52%	85.9%	159.46%	563.64%	23.38%	21.44%	17.15%
Interest Paid ¹	-32	-27	-17	-29	-119	-144.2	-131.2	-110.2
Earnings before Tax (EBT) ¹	-130	-1,319	-729	-482	-304	59.36	178.4	323.4
Change	-	-914.62%	44.73%	33.88%	36.93%	119.53%	200.61%	81.21%
Net income ¹	-131	-1,331	-738	-492	-313	56.84	172.8	341.1
Change	-	-916.03%	44.55%	33.33%	36.38%	118.16%	203.93%	97.46%
Announcement Date	2/24/22	2/23/23	2/22/24	2/20/25	2/19/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4
Net sales ¹	3,478	3,858	3,121	3,252	2,993	3,284	2,840	3,101	2,774	3,171	2,944	3,114	2,729	3,117	2,884	3,121	2,730	3,273	3,117	3,337	2,885	3,435	3,267	3,515	3,052	3,641	3,455	3,720
Change	-	10.93%	-19.09%	4.19%	-7.96%	9.72%	-13.52%	9.19%	-10.54%	14.31%	-7.16%	5.77%	-12.36%	14.22%	-7.48%	8.22%	-12.53%	19.89%	-4.77%	7.06%	-13.55%	19.07%	-4.9%	7.6%	-13.17%	19.3%	-5.11%	7.67%
EBITDA ¹	205.8	310.8	101.1	-4	-113	-108	-124	-71	-14	128	100	92	75	163	119	96	106	205	208	224	145.3	230.9	217.6	243.1	170.2	266	246.5	281.8
Change	-	51.06%	-67.49%	-103.96%	-2,725%	4.42%	-14.81%	42.74%	80.28%	1,014.29%	-21.88%	-8%	-18.48%	117.33%	-26.99%	-19.33%	10.42%	93.4%	1.46%	7.69%	-35.13%	58.93%	-5.79%	11.74%	-30%	56.31%	-7.33%	14.32%
EBIT ¹	125.5	232.9	19.13	-86	-198	-199	-218	-172	-118	26	-6	-13	-29	64	25	6	25	127	133	153	72.22	159	145.4	168.5	94.98	187.7	166.6	193.5
Change	-	85.66%	-91.78%	-549.46%	-130.23%	-0.51%	-9.55%	21.1%	31.4%	122.03%	-123.08%	-116.67%	-123.08%	320.69%	-60.94%	-76%	316.67%	408%	4.72%	15.04%	-52.8%	120.18%	-8.57%	15.91%	-43.64%	97.58%	-11.22%	16.13%
Charge d'intérêts ¹	-6.812	-8.402	-8.406	-8	-8	-6	-5	-8	-5	-5	-5	-2	-6	-4	-5	-14	-23	-29	-31	-36	-37.29	-36.17	-35.67	-35.18	-32.34	-32.34	-31.54	-30.84
Earnings before Tax (EBT) ¹	16.23	134.6	-74.32	-207	-318	-377	-282	-342	-353	-44	-161	-171	-245	-40	-71	-126	-110	17	-97	-114	-48.02	35.89	23.88	50.78	-21.75	54.45	40.1	85.25
Change	-	728.96%	-155.23%	-178.54%	-53.62%	-18.55%	25.2%	-21.28%	-3.22%	87.54%	-265.91%	-6.21%	-43.27%	83.67%	-77.5%	-77.46%	12.7%	115.45%	-670.59%	-17.53%	57.88%	174.75%	-33.47%	112.64%	-142.83%	350.34%	-26.35%	112.59%
Net income ¹	18.23	130.4	-78.02	-202	-319	-378	-283	-351	-355	-46	-163	-174	-248	-42	-74	-128	-113	15	-99	-116	-47.66	31.85	21.96	47.64	-23.25	53.45	39.1	84.25
Change	-	615.3%	-159.82%	-158.9%	-57.92%	-18.5%	25.13%	-24.03%	-1.14%	87.04%	-254.35%	-6.75%	-42.53%	83.06%	-76.19%	-72.97%	11.72%	113.27%	-760%	-17.17%	58.91%	166.83%	-31.06%	116.96%	-148.8%	329.89%	-26.85%	115.47%
Announcement Date	5/6/21	8/5/21	11/4/21	2/24/22	5/5/22	8/4/22	11/3/22	2/23/23	5/4/23	8/3/23	11/1/23	2/22/24	5/2/24	8/1/24	11/1/24	2/20/25	5/1/25	8/4/25	10/28/25	2/19/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Wayfair Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	653	1,859	1,741	1,510	1,691	1,181	520	-83.4
Change	-	184.69%	-6.35%	-13.27%	11.99%	-30.16%	-55.97%	-116.04%
Announcement Date	2/24/22	2/23/23	2/22/24	2/20/25	2/19/26	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Wayfair Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	101	186	148	73	70	200.2	208.1	246.8
Change	-	84.16%	-20.43%	-50.68%	-4.11%	186.04%	3.91%	18.61%
Free Cash Flow (FCF) ¹	130	-1,132	-2	83	329	644	689.4	843.2
Change	-	-970.77%	99.82%	4,250%	296.39%	95.73%	7.06%	22.3%
Announcement Date	2/24/22	2/23/23	2/22/24	2/20/25	2/19/26	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Wayfair Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	4.48%	-3.4%	2.55%	3.82%	5.96%	6.38%	6.96%	7.43%
EBIT Margin (%)	2.13%	-6.44%	-0.92%	0.56%	3.52%	4.13%	4.73%	5.24%
EBT Margin (%)	-0.95%	-10.8%	-6.07%	-4.07%	-2.44%	0.45%	1.29%	2.2%
Net margin (%)	-0.96%	-10.89%	-6.15%	-4.15%	-2.51%	0.43%	1.24%	2.33%
FCF margin (%)	0.95%	-9.27%	-0.02%	0.7%	2.64%	4.92%	4.97%	5.75%
FCF / Net Income (%)	-99.24%	85.05%	0.27%	-16.87%	-105.11%	1,132.91%	399.07%	247.18%
Profitability
ROA	6.04%	-32.66%	-3.6%	-14.19%	-9.07%	6.8%	9.69%	2.8%
ROE	-	-	-	-	-	1.7%	-	-
Financial Health
Leverage (Debt/EBITDA)	1.06x	-4.47x	5.69x	3.33x	2.28x	1.41x	0.54x	-
Debt / Free cash flow	5.02x	-1.64x	-870.5x	18.19x	5.14x	1.83x	0.75x	-
Capital Intensity
CAPEX / Current Assets (%)	0.74%	1.52%	1.23%	0.62%	0.56%	1.53%	1.5%	1.68%
CAPEX / EBITDA (%)	16.45%	-44.71%	48.37%	16.11%	9.42%	23.97%	21.54%	22.64%
CAPEX / FCF (%)	77.69%	-16.43%	-7,400%	87.95%	21.28%	31.09%	30.18%	29.27%
Items per share
Cash flow per share ¹	3.942	-6.358	3.061	2.577	4.172	4.999	5.239	4.7
Change	-	-261.29%	148.15%	-15.81%	61.87%	19.84%	4.8%	-10.29%
Dividend per Share ¹	-	-	-	-	-	0.013	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-15.44	-23.48	-23.75	-22.4	-21.34	-15.9	-11.7	-7.385
Change	-	-52.06%	-1.12%	5.67%	4.71%	25.51%	26.4%	36.9%
EPS ¹	-1.26	-12.54	-6.47	-4.01	-2.44	0.3861	1.207	2.355
Change	-	-895.24%	48.41%	38.02%	39.15%	115.82%	212.64%	95.08%
Nbr of stocks (in thousands)	104,544	107,122	117,947	125,319	130,338	130,748	130,748	130,748
Announcement Date	2/24/22	2/23/23	2/22/24	2/20/25	2/19/26	-	-	-