Gross profit was $934m, representing 30% of total net revenue, while the business reported a net loss of $99m. Non-GAAP adjusted EBITDA was $208m.
A total of 9.8 million orders were reported. Wayfair Inc shared its financial results for Q3, ended September 30, 2025.
Total net revenue increased by 8.1% YoY to $3.1b, or 9% when excluding the impact of Wayfair's exit from the German market. International net revenue grew 4.6% YoY to $389m.
Niraj Shah, CEO, commented: "The third quarter was a great success – share gain further accelerated, with revenue growing 9% YoY excluding Germany. We saw orders delivered grow by over 5% YoY in the quarter, including new orders now growing mid-single digits for two quarters in a row. This came in tandem with more than 70% YoY growth in adjusted EBITDA. Our 6.7% adjusted EBITDA margin marks the highest level achieved in Wayfair's history outside of the pandemic period."
Author's summary: Wayfair reports Q3 order growth and revenue increase.