Wayfair (W) reports Q2 2026 results: revenue tops expectations, free cash flow hits post-2020 high

Wayfair released its Q2 2026 earnings report, posting revenue of $3.52 billion, above the $3.47 billion consensus estimate. Adjusted EPS came in at $0.95. Free cash flow totaled $301 million, the company's highest level since 2020. Sales in its largest market rose 8.7% year over year to $3.1 billion. For the quarter, Wayfair recorded a net loss of $1 million ($0.01 per share), compared with net income of $15 million ($0.11 per share) a year earlier. The results are seen as a catalyst reflecting improved earnings quality, with a direct impact on Wayfair (W) valuation and investor sentiment.