Wayfair Inc. (W) quarterly cash flow statement — complete operating, investing & financing history
Wayfair Inc. (W) cash flow statement — 14-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 360M | -52M | 202M | 155M | 273M | -96M | 162M | 49M | 245M | -139M | 158M | 121M | 217M | -147M | 98M | -431M | -115M | -226M | 88.81M | -130.85M |
| Operating CF Margin % | 10.23% | -1.77% | 6.05% | 4.97% | 8.34% | -3.52% | 5.19% | 1.7% | 7.86% | -5.09% | 5.07% | 4.11% | 6.84% | -5.3% | 3.16% | -15.18% | -3.5% | -7.55% | 2.73% | -4.19% |
| Operating CF Growth % | 31.87% | 45.83% | 24.69% | 216.33% | 11.43% | 30.94% | 2.53% | -59.5% | 12.9% | 5.44% | 61.22% | 128.07% | 288.7% | 34.96% | 10.34% | -229.39% | -141.75% | -227.98% | -57.04% | -139.53% |
| Net Income | -1M | -105M | -116M | -99M | 15M | -113M | -128M | -74M | -42M | -248M | -174M | -163M | -46M | -355M | -351M | -283M | -378M | -319M | -201.64M | -78.02M |
| Depreciation & Amortization | 64M | 67M | 71M | 75M | 78M | 81M | 90M | 94M | 99M | 104M | 105M | 106M | 102M | 104M | 101M | 94M | 91M | 85M | 81.85M | 81.92M |
| Stock-Based Compensation | 69M | 67M | 83M | 88M | 100M | 64M | 86M | 95M | 95M | 119M | 158M | 139M | 164M | 144M | 158M | 122M | 129M | 104M | 106.93M | 83.19M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -283M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -212K | 0 |
| Other Non-Cash Items | 58M | 35M | 137M | 90M | 16M | 13M | 12M | 6M | -4M | 2M | 282M | 6M | -100M | 14M | 21M | -105M | 70M | 6M | 4.64M | 3.89M |
| Working Capital Changes | 170M | -116M | 27M | 1M | 64M | -141M | 102M | -72M | 97M | -116M | 70M | 33M | 97M | -54M | 169M | -259M | -27M | -102M | 97.25M | -221.82M |
| Change in Receivables | -26M | -26M | -4M | -16M | 33M | 16M | -1M | 3M | -46M | 9M | -8M | -4M | 53M | 91M | 65M | -27M | -41M | -45M | -60.43M | -37.91M |
| Change in Inventory | -5M | -7M | -1M | 18M | 3M | -14M | 5M | -3M | 3M | -7M | 5M | -2M | 5M | 8M | 14M | -6M | -18M | -11M | -2.18M | -7.37M |
| Change in Payables | 202M | -63M | 39M | 2M | 7M | -143M | 91M | -64M | 163M | -152M | 88M | 12M | 53M | -172M | 117M | -276M | 8M | -26M | 142.23M | -189.94M |
| Cash from Investing | -79M | -46M | -69M | -67M | -66M | -17M | -84M | -51M | -52M | -75M | -122M | -79M | -15M | 64M | 212M | -22M | 12M | -201M | -240.36M | -78.24M |
| Capital Expenditures | -26M | -25M | -25M | -27M | -13M | -5M | -20M | 63M | -23M | -13M | -96M | -79M | -89M | -87M | -117M | -107M | -129M | -105M | -73.77M | -72.32M |
| CapEx % of Revenue | 0.74% | 0.85% | 0.75% | 0.87% | 0.4% | 0.18% | 0.64% | 2.18% | 0.74% | 0.48% | 3.08% | 2.68% | 2.81% | 3.14% | 3.77% | 3.77% | 3.93% | 3.51% | 2.27% | 2.32% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49M | 0 | 0 | 272M | -21M | -65M | 65M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -33M | -29M | -32M | -35M | -30M | -38M | -40M | -121M | -39M | -41M | 2M | -49M | 0 | 0 | -272M | 21M | 65M | -65M | -200K | 5.2M |
| Cash from Financing | -221M | -378M | 174M | -243M | -200M | 140M | -72M | 0 | 3M | 0 | 0 | 0 | 77M | 0 | 0 | 91M | 0 | -75M | -344K | -2M |
| Debt Issued (Net) | 499M | -349M | -780M | 742M | -191M | 140M | 669M | 0 | 0 | 0 | 601M | 0 | 77M | 0 | 584M | 171M | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -75M | 208K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -75M | 208K | 0 |
| Other Financing | -720M | -29M | 954M | -985M | -9M | 0 | -741M | 0 | 3M | 0 | -601M | 0 | 0 | 0 | -584M | -80M | 0 | 0 | -552K | -2M |
| Net Change in Cash | 61M | -472M | 305M | -155M | -12M | 18M | 20M | -8M | 197M | -215M | 35M | 42M | 279M | -80M | 319M | -363M | -106M | -506M | -158.82M | -213.63M |
| Free Cash Flow | 363M | -106M | 145M | 93M | 230M | -139M | 102M | -9M | 183M | -193M | 62M | 42M | 128M | -234M | -19M | -538M | -244M | -331M | 15.04M | -203.17M |
| FCF Margin % | 10.32% | -3.62% | 4.35% | 2.98% | 7.03% | -5.09% | 3.27% | -0.31% | 5.87% | -7.07% | 1.99% | 1.43% | 4.04% | -8.44% | -0.61% | -18.94% | -7.43% | -11.06% | 0.46% | -6.51% |
| FCF Growth % | 57.83% | 23.74% | 42.16% | 1133.33% | 25.68% | 27.98% | 64.52% | -121.43% | 42.97% | 17.52% | 426.32% | 107.81% | 152.46% | 29.31% | -226.33% | -164.81% | -217.91% | -397.69% | -88.28% | -179.66% |
| FCF per Share | 2.75 | -0.81 | 1.12 | 0.72 | 1.78 | -1.09 | 0.82 | -0.07 | 1.50 | -1.61 | 0.53 | 0.36 | 1.14 | -2.13 | -0.18 | -5.08 | -2.32 | -3.15 | 0.14 | -1.95 |
| FCF Conversion (FCF/Net Income) | -360.00x | 0.50x | -1.74x | -1.57x | 18.20x | 0.85x | -1.27x | -0.66x | -5.83x | 0.56x | -0.91x | -0.74x | -4.72x | 0.41x | -0.28x | 1.52x | 0.30x | 0.71x | -0.44x | 1.68x |
| Interest Paid | -35M | 35M | 41M | 39M | 43M | 16M | 14M | 18M | 13M | 18M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |