US online home goods retailer Wayfair returned to net profitability in the third quarter (Q3) of 2026 as total net revenue rose 9.7% to $3.42bn, led by US growth.
For the quarter ended 30 September 2026, net income was $62m, compared with a net loss of $99m in the third quarter of 2025.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Operating income increased to $106m from $38m in the prior-year period.
Basic and diluted earnings per share (EPS) was $0.45, against a basic and diluted loss per share of $0.76 a year earlier.
Gross profit increased to $1.01bn, representing 29.6% of net revenue, from $934m in the third quarter of 2025.
Total operating expenses were $906m, compared with $896m in the previous-year quarter.
Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to $236m from $208m. Adjusted diluted EPS were $0.93, compared with $0.70 in the prior-year quarter.
US net revenue increased 11.4% year-over-year to $3.04bn.
International net revenue declined 2.3% to $380m while the constant-currency decline was 1.8%.
Active customers totalled 22.2 million as of 30 September 2026, up 4.7% from 21.2 million a year earlier.
Wayfair CEO, co-founder and co-chairman Niraj Shah said: “Q3 was our strongest quarter of growth in the post-pandemic period, with total net revenue up 9.7% year-over-year and our US business growing over 11%.
“At the start of this year, we told you we expected to take share in the US at a pace we had not seen in several years. With US revenue growing double digits against a roughly flat category here in Q3, we’ve done exactly that. That growth was driven by orders, which were up 12% year-over-year, and active customers up more than 4%.”
For the nine months ended 30 September 2026, Wayfair reported net revenue of $9.87bn, compared with $9.12bn in the first nine months of 2025.
US net revenue was $8.78bn, up from $8.03bn, while international net revenue was $1.09bn, compared with $1.09bn.
Operating income for the nine-month period was $199m, compared with an operating loss of $67m a year earlier.
Net loss narrowed to $44m from $197m, with basic and diluted loss per share decreasing to $0.33 from $1.54.
