Wayfair reports a gross margin of 30.1%, an operating margin of 1.7%, an EBITDA margin of 0.8%, and a net margin of -2.5%, while its net margin is negative at -2.5%. Operating margin reported the largest year-over-year gain at 4.2 percentage points, while gross margin reported the largest decline at 0.2 percentage points.
Over the last 3 years, Wayfair's margins averaged 30.29% gross, -2.74% operating, -0.18% EBITDA, and -3.73% net. The current figures show operating, EBITDA, and net margins are above their three-year averages, while gross margin is below its three-year average.
The largest positive change was in operating margin, up 4.2 percentage points. The expansion was limited to operating margin, while gross margin contracted by 0.2 percentage points and EBITDA margin by 0.2 percentage points.
Looking back over the last 3 years, Wayfair recorded an average gross margin of 30.29%. Wayfair's current gross margin is 30.1% and is 0.2 percentage points below its three-year average. The highest gross margin for Wayfair was 30.6% in Mar 2024, while the lowest was 30.1% in Mar 2026.
The average operating margin for Wayfair was -2.74% in the last 3 years. The latest operating margin for Wayfair is 1.7%, 4.4 percentage points above its three-year average. The operating margin for Wayfair moved between -6.8% in Dec 2023 and 1.7% in Jun 2026.
Wayfair recorded an average EBITDA margin of -0.18% across the last 3 years. Wayfair currently reports an EBITDA margin of 0.8%, 1 percentage points above its three-year average. During this period, EBITDA margin reached a high of 1% in Mar 2026 and a low of -2.5% in Dec 2023.
Wayfair recorded an average net margin of -3.73% across the last 3 years. Wayfair currently reports a net margin of -2.5%, 1.2 percentage points above its three-year average. The highest net margin for Wayfair was -2.4% in Mar 2026, while the lowest was -6.1% in Dec 2023.
With a gross margin of 30.1%, W ranks lower than the Consumer Cyclical sector, the industry and its peers average. In comparison with the Consumer Cyclical sector average of 36.2%, Wayfair's gross margin is 17% lower.
The current gross margin for W is 30.1% as of Jun 30, 2026.
The current operating margin for W is 1.7% as of Jun 30, 2026.
For the period ending Jun 30, 2026, W recorded an EBITDA margin of 0.8%.
As of Jun 30, 2026, W has a negative net margin of -2.5%.
Wayfair's average margins over the last 3 years were 30.3% gross, -2.7% operating, -0.2% EBITDA, and -3.7% net.
Over this 5-year history, W peaked at 30.6% gross in Mar 2024, 1.7% operating in Jun 2026, 1.6% EBITDA in Dec 2021, and -1% net in Dec 2021.
Across the 5-year period, W posted its lowest margins at 27.4% gross in Jun 2022, -11.8% operating in Mar 2023, -7.8% EBITDA in Mar 2023, and -11.4% net in Mar 2023.