---
schema_version: "secwatch.filing_event.v1"
accession: "0001616707-23-000033"
form_type: "8-K"
ticker: "W"
cik: "0001616707"
company_name: "Wayfair Inc."
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T02:43:11.657510+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Wayfair Q4 net revenue $3.1B, down 4.6% YoY; net loss $351M; active customers down 19%

## Summary
- Q4 net revenue $3.1B (-4.6% YoY); U.S. $2.7B (-1.8%), International $415M (-19.7%).
- Q4 net loss $351M ($3.26 diluted loss per share); Non-GAAP Adj. EBITDA ($71M).
- Full year net revenue $12.2B (-10.9% YoY); net loss $1.3B; Adj. EBITDA ($416M).
- Active customers 22.1M (-19% YoY); LTM net revenue per active customer $553 (+10.4%).
- Orders delivered 11M in Q4 (-9.1% YoY); average order value $283 (up from $269).

## SEC filing metadata
- accession: 0001616707-23-000033
- form_type: 8-K
- ticker: W
- cik: 0001616707
- company_name: Wayfair Inc.
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616707/000161670723000033/0001616707-23-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616707/000161670723000033/w-20230223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001616707-23-000033
- JSON: https://secwatch.observer/filing/0001616707-23-000033.json
- Plain text: https://secwatch.observer/filing/0001616707-23-000033.txt

## Key facts
- Earnings Releases
  Wayfair Inc. reported the quarter ended December 31, 2022 results: revenue $3.1 billion, net income $351 million, EPS $3.26.
  - Period: the quarter ended December 31, 2022
  - Revenue: $3.1 billion
  - Net income: $351 million
  - EPS: $3.26
  - Result: reported results
  source text: Fourth Quarter 2022 Financial Highlights • Total net revenue of $3.1 billion decreased $151 million, down 4.6% year over year • U.S. net revenue of $2.7 billion decreased $49 million, down 1.8% year over year • International net revenue of $415 million decreased $102 million, down 19.7% year over year • Gross profit was $893 million or 28.8% of total net revenue • Net loss was $351 million and Non-GAAP Adjusted EBITDA was ($71) million • Diluted loss per share was $3.26 and Non-GAAP Adjusted Diluted Loss Per Share was $1.71
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616707/000161670723000033/0001616707-23-000033-index.htm
- Earnings Releases
  Wayfair Inc. reported the year ended December 31, 2022 results: revenue $12.2 billion, net income $1.3 billion, EPS $12.54.
  - Period: the year ended December 31, 2022
  - Revenue: $12.2 billion
  - Net income: $1.3 billion
  - EPS: $12.54
  - Result: reported results
  source text: Full Year 2022 Financial Highlights • Total net revenue of $12.2 billion decreased $1.5 billion, down 10.9% year over year • U.S. net revenue of $10.5 billion decreased $785 million, down 7.0% year over year • International net revenue of $1.8 billion decreased $705 million, down 28.7% year over year • Gross profit was $3.4 billion or 28.0% of total net revenue • Net loss was $1.3 billion and Non-GAAP Adjusted EBITDA was ($416) million • Diluted loss per share was $12.54 and Non-GAAP Adjusted Diluted Loss Per Share was $7.71
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616707/000161670723000033/0001616707-23-000033-index.htm

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