---
schema_version: "secwatch.filing_event.v1"
accession: "0001616707-24-000032"
form_type: "8-K"
ticker: "W"
cik: "0001616707"
company_name: "Wayfair Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:33:18.636690+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Wayfair Q1 net revenue $2.7B (-1.6% YoY); net loss narrows to $248M from $355M

## Summary
- Non-GAAP Adjusted EBITDA of $75M, fourth consecutive quarter of strong profitability.
- Active customers rose 2.8% YoY to 22.3 million; LTM revenue per active customer down 2.8% to $537.
- U.S. net revenue $2.4B (-1.0% YoY); International net revenue $338M (-5.8% YoY, -7.5% constant currency).
- Diluted loss per share $2.06 (improved from $3.22); Non-GAAP adjusted diluted loss per share $0.32.
- Repeat customers placed 80.5% of orders vs 79.1% a year ago; mobile orders 63.1% of total.

## SEC filing metadata
- accession: 0001616707-24-000032
- form_type: 8-K
- ticker: W
- cik: 0001616707
- company_name: Wayfair Inc.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1616707/000161670724000032/0001616707-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616707/000161670724000032/w-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001616707-24-000032
- JSON: https://secwatch.observer/filing/0001616707-24-000032.json
- Plain text: https://secwatch.observer/filing/0001616707-24-000032.txt

## Key facts
- Earnings Releases
  Wayfair Inc. reported first quarter ended March 31, 2024 results: revenue $2.7 billion, net income Net loss was $248 million, EPS Diluted loss per share was $2.06.
  - Period: first quarter ended March 31, 2024
  - Revenue: $2.7 billion
  - Net income: Net loss was $248 million
  - EPS: Diluted loss per share was $2.06
  - Result: reported results
  source text: in such a filing. --- EX-99.1 (EX-99.1) --- Wayfair Announces First Quarter 2024 Results, Reports Fourth Consecutive Quarter of Strong Profitability Q1 Net Revenue of $2.7 billion with 22.3 million Active Customers BOSTON, MA — May 2, 2024 — Wayfair Inc. (“Wayfair,” “we,” or “our”) (NYSE: W), one of the world’s largest destinations for the home, today
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616707/000161670724000032/0001616707-24-000032-index.htm

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