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.
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.
