Wayfair returned to a $62 million profit in the third quarter as U.S. net revenue advanced 11.4%, offsetting weaker international net revenue and a lower average order value.
The company’s earnings release reported total net revenue of $3.42 billion for the quarter ended Sept. 30, up 9.7% from a year earlier. U.S. net revenue reached $3 billion. International net revenue was $380 million, down 2.3% year over year.
Net income compared with a $99 million loss in the same quarter of 2025. Operating income rose to $106 million from $38 million, and diluted earnings were $0.45 per share, against a loss of $0.76 per share a year earlier.
Wayfair delivered 11 million orders, a 12.2% increase, and reported 22.2 million active customers, up 4.7%. Average order value fell to $311 from $317. Repeat customers accounted for 80% of orders delivered.
CEO Niraj Shah said Wayfair gained U.S. market share in the quarter, with year-over-year increases in orders and active customers contributing to growth. He described the company’s market-share gains as structural. Wayfair characterized the quarter as its strongest growth period since the pandemic and said its 6.9% third-quarter Adjusted EBITDA margin was its best for that quarter since 2020.
The company reported non-GAAP Adjusted EBITDA of $236 million, up from $208 million, and a margin of 6.9%, compared with 6.7% a year earlier. Its U.S. segment generated $261 million in Adjusted EBITDA, while its International segment recorded a $25 million loss.
A Form 8-K filed with the Securities and Exchange Commission on Nov. 4 lists Items 2.02, on results of operations and financial condition, and 9.01, on financial statements and exhibits. The filing index identifies the earnings release as Exhibit 99.1.
