---
schema_version: "secwatch.filing_event.v1"
accession: "0001616707-22-000069"
form_type: "8-K"
ticker: "W"
cik: "0001616707"
company_name: "Wayfair Inc."
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:44:05.877754+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Wayfair Q1 revenue $3.0B (-13.9% YoY), net loss $319M; CFO Fleisher to retire

## Summary
- Q1 net revenue $3.0B, down 13.9% YoY; U.S. down 9.9%, International down 31.4%.
- Net loss $319M ($3.04 diluted loss per share); Adjusted EBITDA -$113M; non-GAAP adj. diluted loss per share $1.96.
- Active customers 25.4M (-23.4% YoY); orders delivered 10.4M (-29%); LTM net rev per active customer $520 (+12.8%).
- CFO Michael Fleisher to retire; Kate Gulliver appointed incoming CFO & CAO effective Nov 2022; transition through Jan 15, 2023.
- Paul Toms named VP, Chief People Officer effective June 1, 2022.

## SEC filing metadata
- accession: 0001616707-22-000069
- form_type: 8-K
- ticker: W
- cik: 0001616707
- company_name: Wayfair Inc.
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616707/000161670722000069/0001616707-22-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616707/000161670722000069/w-20220505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001616707-22-000069
- JSON: https://secwatch.observer/filing/0001616707-22-000069.json
- Plain text: https://secwatch.observer/filing/0001616707-22-000069.txt

## Key facts
- Executive change
  Kate Gulliver was appointed as Chief Financial Officer at Wayfair Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: The Company also announced that Kate Gulliver has been appointed Incoming Chief Financial Officer effective May 5, 2022 and will succeed Mr. Fleisher as the Company’s new Chief Financial Officer and Chief Administrative Officer in November 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616707/000161670722000069/0001616707-22-000069-index.htm
- Executive change
  Michael Fleisher departed as Chief Financial Officer at Wayfair Inc..
  - Action: retire
  - Role: Chief Financial Officer
  source text: On May 5, 2022, the Company announced that Michael Fleisher, Chief Financial Officer, will retire from the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616707/000161670722000069/0001616707-22-000069-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.