vs

Side-by-side financial comparison of CANADIAN IMPERIAL BANK OF COMMERCE (CM) and Wayfair Inc. (W). Click either name above to swap in a different company.

CANADIAN IMPERIAL BANK OF COMMERCE is the larger business by last-quarter revenue ($6.1B vs $3.3B, roughly 1.8× Wayfair Inc.). CANADIAN IMPERIAL BANK OF COMMERCE runs the higher net margin — 36.9% vs -3.5%, a 40.4% gap on every dollar of revenue.

The Imperial Bank of Canada was a Canadian bank that operated from 1873 to 1961. In 1961, Imperial merged with the Canadian Bank of Commerce to become the Canadian Imperial Bank of Commerce.

Wayfair Inc. is an American e-commerce company based in Boston, Massachusetts that sells furniture and home goods online. Formerly known as CSN Stores, it was founded in 2002, and currently offers 14 million items from more than 11,000 global suppliers. The company maintains international operations, including locations in North America and in Canada, Germany, Ireland, China and the United Kingdom.

CM vs W — Head-to-Head

Bigger by revenue
CM
CM
1.8× larger
CM
$6.1B
$3.3B
W
Higher net margin
CM
CM
40.4% more per $
CM
36.9%
-3.5%
W

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CM
CM
W
W
Revenue
$6.1B
$3.3B
Net Profit
$2.3B
$-116.0M
Gross Margin
30.3%
Operating Margin
2.5%
Net Margin
36.9%
-3.5%
Revenue YoY
6.9%
Net Profit YoY
9.4%
EPS (diluted)
$-0.90

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CM
CM
W
W
Q1 26
$6.1B
Q4 25
$3.3B
Q3 25
$5.3B
$3.1B
Q2 25
$5.1B
$3.3B
Q1 25
$2.7B
Q4 24
$3.1B
Q3 24
$2.9B
Q2 24
$3.1B
Net Profit
CM
CM
W
W
Q1 26
$2.3B
Q4 25
$-116.0M
Q3 25
$1.5B
$-99.0M
Q2 25
$1.5B
$15.0M
Q1 25
$-113.0M
Q4 24
$-128.0M
Q3 24
$-74.0M
Q2 24
$-42.0M
Gross Margin
CM
CM
W
W
Q1 26
Q4 25
30.3%
Q3 25
30.0%
Q2 25
30.1%
Q1 25
30.7%
Q4 24
30.2%
Q3 24
30.3%
Q2 24
30.2%
Operating Margin
CM
CM
W
W
Q1 26
Q4 25
2.5%
Q3 25
1.2%
Q2 25
0.5%
Q1 25
-4.5%
Q4 24
-3.7%
Q3 24
-2.6%
Q2 24
-1.1%
Net Margin
CM
CM
W
W
Q1 26
36.9%
Q4 25
-3.5%
Q3 25
28.9%
-3.2%
Q2 25
28.6%
0.5%
Q1 25
-4.1%
Q4 24
-4.1%
Q3 24
-2.6%
Q2 24
-1.3%
EPS (diluted)
CM
CM
W
W
Q1 26
Q4 25
$-0.90
Q3 25
$-0.76
Q2 25
$0.11
Q1 25
$-0.89
Q4 24
$-1.01
Q3 24
$-0.60
Q2 24
$-0.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CM
CM
W
W
Cash + ST InvestmentsLiquidity on hand
$8.0B
$1.5B
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$47.9B
$-2.8B
Total Assets
$826.8B
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CM
CM
W
W
Q1 26
$8.0B
Q4 25
$1.5B
Q3 25
$13.9B
$1.2B
Q2 25
$10.2B
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.3B
Q2 24
$1.3B
Total Debt
CM
CM
W
W
Q1 26
Q4 25
$3.3B
Q3 25
$2.9B
Q2 25
$3.0B
Q1 25
$3.2B
Q4 24
$3.1B
Q3 24
$3.2B
Q2 24
$3.2B
Stockholders' Equity
CM
CM
W
W
Q1 26
$47.9B
Q4 25
$-2.8B
Q3 25
$45.9B
$-2.8B
Q2 25
$45.2B
$-2.7B
Q1 25
$-2.8B
Q4 24
$-2.8B
Q3 24
$-2.7B
Q2 24
$-2.8B
Total Assets
CM
CM
W
W
Q1 26
$826.8B
Q4 25
$3.4B
Q3 25
$804.6B
$3.1B
Q2 25
$795.8B
$3.3B
Q1 25
$3.4B
Q4 24
$3.5B
Q3 24
$3.4B
Q2 24
$3.4B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CM
CM
W
W
Operating Cash FlowLast quarter
$-1.6B
$202.0M
Free Cash FlowOCF − Capex
$177.0M
FCF MarginFCF / Revenue
5.3%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
-0.69×
TTM Free Cash FlowTrailing 4 quarters
$464.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CM
CM
W
W
Q1 26
$-1.6B
Q4 25
$202.0M
Q3 25
$4.3B
$155.0M
Q2 25
$667.2M
$273.0M
Q1 25
$-96.0M
Q4 24
$162.0M
Q3 24
$49.0M
Q2 24
$245.0M
Free Cash Flow
CM
CM
W
W
Q1 26
Q4 25
$177.0M
Q3 25
$128.0M
Q2 25
$260.0M
Q1 25
$-101.0M
Q4 24
$142.0M
Q3 24
$32.0M
Q2 24
$222.0M
FCF Margin
CM
CM
W
W
Q1 26
Q4 25
5.3%
Q3 25
4.1%
Q2 25
7.9%
Q1 25
-3.7%
Q4 24
4.5%
Q3 24
1.1%
Q2 24
7.1%
Capex Intensity
CM
CM
W
W
Q1 26
Q4 25
0.7%
Q3 25
0.9%
Q2 25
0.4%
Q1 25
0.2%
Q4 24
0.6%
Q3 24
0.6%
Q2 24
0.7%
Cash Conversion
CM
CM
W
W
Q1 26
-0.69×
Q4 25
Q3 25
2.80×
Q2 25
0.46×
18.20×
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CM
CM

Segment breakdown not available.

W
W

US Segment$2.9B88%
International Segment$395.0M12%

Related Comparisons