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Wayfair Inc. [W] reports $42 million quarterly net loss

Wayfair Inc. [W] reports $42 million quarterly net loss

Company generates $3.1 billion in revenue

By USinMinutes
Published - Aug 02, 2024, 12:56 AM ET
Last Updated - Aug 16, 2024, 10:38 AM EDT

Wayfair Inc. Wayfair Inc. [W] has reported $42 million quarterly loss, an increase of $206 million from the previous quarter, the company said in a filing to the SEC for the Q2 ended Jun 30, 2024.

Dollars in millions
Jun 30, 2024    Mar 31, 2024    Dec 31, 2023    Sep 30, 2023   

Income Statement

Revenue $3,117.0  $2,729.0  $12,003.0  $2,944.0 
Operating Profit -$35.0  -$235.0  -$813.0  -$152.0 
Net Income -$42.0  -$248.0  -$738.0  -$163.0 
Net Cash $0.0  -$215.0  $276.0  $0.0 
Gross Margin $941.0  $819.0  $3,667.0  $917.0 
Operating Margin -$0.0  -$0.0  -$0.0  -$0.0 
Profit as % of Revenues-2240.48 30.01 30.55 31.15 
Profit as % of Assets-1.28 -7.39 -20.92 -4.70 
Profit as % of Stockholder Equity1.52 8.78 27.26 6.02 
Return on Equity1.52 -0.11 27.26 6.02 
Return on Assets-1.22 0.09 -21.24 -4.85 
Turnover Ratio95.13 0.81 3.40 0.85 

Balance Sheet

Total Assets $3,436.0  $3,240.0  $3,474.0  $3,360.0 
Total Liabilities $6,196.0  $6,065.0  $6,181.0  $6,068.0 

Cash Flow Statement

Operating Cash Flow $0.0  -$139.0  $349.0  $0.0 
Investing Cash Flow $0.0  -$75.0  -$152.0  $0.0 
Financing Cash Flow $0.0  $0.0  $77.0  $0.0 
 
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