Wayfair posts 7.4% revenue growth in Q1 2026 but lowers 2026 EBITDA forecast to $850-$900M.

Wayfair reported a strong net revenue growth of 7.4% in the first quarter of 2026, outperforming its category by nearly 10%. Despite this growth, the company expects slightly lower gross margins due to a challenging macroeconomic environment. As a result, Wayfair has revised its adjusted EBITDA forecast for 2026 down to $850 million to $900 million from a previous estimate of $950 million. This indicates cautious optimism as the company navigates economic pressures while maintaining solid revenue gains.