← Wayfair Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | ($194.4m) | ($244.6m) | ($504.1m) | ($984.6m) | $185.0m | ($131.0m) | ($1.3b) | ($738.0m) | ($492.0m) | ($313.0m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($194.4m) | — | — | — | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $55.6m | $87.0m | $123.5m | $192.4m | $285.7m | $322.0m | $371.0m | $417.0m | $387.0m | $305.0m | |
| Amortization of Debt Issuance Costs and Discounts | $0 | $5.8m | $22.6m | $62.1m | $134.3m | $7.0m | $8.0m | $8.0m | $9.0m | $9.0m | |
| Amortization of Intangible Assets | $900k | $1.1m | $900k | $800k | $1.5m | $1.0m | $1.0m | $1.0m | $1.0m | $1.0m | |
| Capitalized Computer Software, Amortization | — | — | — | $81.6m | — | — | — | — | — | — | |
| Deferred Income Tax Expense (Benefit) | ($6k) | ($996k) | $1.2m | $0 | — | — | — | — | — | — | |
| Share-based Payment Arrangement, Noncash Expense | $49.4m | $67.8m | $127.6m | $227.5m | $276.2m | $344.0m | $513.0m | $605.0m | $395.0m | $335.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | — | — | $89.0m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | $276.2m | $344.0m | $513.0m | $605.0m | $395.0m | $335.0m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | |
| Operating Lease, Impairment Loss | — | — | — | — | — | $6.0m | $32.0m | — | $23.0m | $12.0m | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | $0 | $0 | $96.0m | $100.0m | $29.0m | ($233.0m) | |
| Gain (Loss) on Disposition of Business | $0 | $0 | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $608k | $486k | $2.0m | $3.0m | $20.3m | $1.0m | $12.0m | $9.0m | $10.0m | $9.0m | |
| Operating Lease, Expense | — | — | — | $122.0m | $158.6m | $160.0m | $180.0m | $190.0m | $217.0m | $236.0m | |
| Other Nonoperating Income (Expense) | $1.8m | $758k | ($204k) | $2.9m | ($8.6m) | ($4.0m) | ($4.0m) | $1.0m | ($21.0m) | $31.0m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | — | $18.2m | $12.8m | $49.2m | $14.7m | $118.0m | $48.0m | ($132.0m) | $35.0m | ($29.0m) | |
| Increase (Decrease) in Inventories | ($1.4m) | $9.5m | $18.3m | $15.6m | ($9.9m) | $17.0m | $21.0m | ($16.0m) | $2.0m | ($6.0m) | |
| Increase (Decrease) in Other Operating Assets | $2.0m | $2.4m | $8.2m | $1.3m | $532k | $0 | ($1.0m) | — | — | — | |
| Increase (Decrease) in Other Operating Liabilities | — | — | — | — | $57.9m | $4.0m | $0 | — | — | — | |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | — | — | — | — | — | $0 | $0 | $0 | $0 | |
| Proceeds from Stock Options Exercised | $209k | $244k | $138k | $113k | — | — | — | — | — | — | |
| Accrued capital expenditures | $96.7m | $100.5m | $159.2m | $271.7m | $186.0m | $101.0m | $186.0m | $148.0m | $73.0m | $70.0m | |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded | — | — | — | — | $0 | $0 | $0 | $0 | $0 | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | $800k | $0 | — | — | — | — | |
| Goodwill | $1.9m | $1.9m | $2.1m | $400k | $400k | $400k | $400k | $400k | $400k | $400k | |
| Investment Income, Interest | — | — | — | — | — | — | $13.0m | $47.0m | $54.0m | $45.0m | |
| Operating Expenses | $1.0b | $1.4b | $2.1b | $3.1b | $3.8b | $4.0b | $4.8b | $4.5b | $4.0b | $3.7b | |
| Payments of Financing Costs | — | — | — | $791k | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $62.8m | $33.6m | $84.9m | ($196.8m) | $1.4b | $410.0m | ($674.0m) | $349.0m | $317.0m | $534.0m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $96.7m | $100.5m | $159.2m | $271.7m | $186.0m | $101.0m | $186.0m | $148.0m | $73.0m | $70.0m | |
| Payments to Acquire Investments | $88.1m | $54.6m | $99.0m | $553.9m | — | — | — | — | $67.0m | $115.0m | |
| Payments for (Proceeds from) Other Investing Activities | $1.0m | $0 | $398k | $15.6m | $124k | ($5.0m) | $0 | ($2.0m) | $0 | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($95.9m) | ($130.3m) | ($260.3m) | ($854.8m) | ($236.1m) | ($515.0m) | $1.0m | ($152.0m) | ($262.0m) | ($219.0m) | |
| Cash flows from financing activities: | |||||||||||
| Payments for Repurchase of Common Stock | $0 | — | — | — | $380.2m | $300.0m | $75.0m | $0 | $0 | — | |
| Dividends paid | $0 | — | — | — | — | — | — | — | — | — | |
| Payments of Dividends | $0 | — | — | — | — | — | — | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | $440k | ($3.0m) | $0 | $0 | $3.0m | — | |
| Net Cash Provided by (Used in) Financing Activities | ($20.9m) | $375.0m | $467.5m | $786.5m | $352.6m | ($303.0m) | $16.0m | $77.0m | ($69.0m) | ($129.0m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($387k) | $850k | ($1.5m) | ($1.6m) | $13.4m | ($16.0m) | $1.0m | $2.0m | $8.0m | ($30.0m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($387k) | $850k | ($1.5m) | ($1.6m) | $1.5b | ($424.0m) | ($656.0m) | $276.0m | ($6.0m) | $156.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $290.5m | $582.8m | $2.1b | $1.7b | $1.1b | $1.3b | $1.3b | $1.5b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $0 | $0 | $1.6m | $7.8m | $17.4m | $27.0m | $27.0m | $53.0m | $63.0m | $139.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.