Warby Parker (WRBY) Financial Statements & Analysis

Warby Parker (WRBY) Income Statement

Warby Parker reported revenue of $871.90M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 13.0% from $771.32M a year earlier. Net income was $1.64M, a net margin of 0.2%. Gross margin was 54.0% and operating margin -0.6%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $235.51M, up 9.8% from the same quarter a year earlier.

Warby Parker Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Warby Parker Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Revenue & Gross Profit
Revenue	871.91	771.32	669.77	598.11	540.80	393.72	370.46
Cost of Revenue	401.33	344.48	304.54	257.05	223.05	161.78	147.36
Gross Profit	470.58	426.83	365.22	341.06	317.75	231.94	223.11
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	475.92	440.05	433.99	437.94	426.74	282.73	224.77
Operating Expenses	475.92	456.95	437.22	452.27	461.41	287.57	224.77
Operating Income	-5.34	-30.11	-72.00	-111.20	-143.66	-55.63	-1.66
Other Income/Expense
Interest Income	8.38	10.60	9.23	1.31	0.00	0.00	1.94
Interest Expense	0.00	0.00	0.00	0.00	-0.35	-0.10	0.00
Other Income/Expense	8.38	10.60	9.23	1.31	-0.35	-0.10	1.94
Income
Income Before Tax	3.04	-19.52	-62.76	-109.90	-144.01	-55.73	0.28
Income Tax Expense	1.40	0.88	0.43	0.50	0.26	0.19	0.28
Net Income	1.64	-20.39	-63.20	-110.39	-301.68	-55.92	0.00
Net Income - Continuous Operations	1.64	-20.39	-63.20	-110.39	-144.27	-55.92	0.00
Net Income - Discontinued Operations	-	-	-	-	-	-	-
EBITDA	53.32	26.35	-30.21	-76.19	-93.49	-37.87	12.85
EBIT	-4.78	-29.30	-68.77	-108.06	-115.04	-55.63	-
Depreciation & Amortization	50.28	45.87	38.55	31.86	21.55	17.76	14.52
Earnings Per Share
Basic EPS	-	-	-1.00	-1.00	-2.00	-1.00	-1.00
Diluted EPS	-	-	-1.00	-1.00	-2.00	-1.00	-1.00
Basic Shares Outstanding	122.67	120.39	117.39	114.94	71.25	53.03	111.39
Diluted Shares Outstanding	125.10	120.39	117.39	114.94	71.25	53.03	111.39

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Warby Parker Financial Statements

What was Warby Parker's revenue in fiscal 2025?

Warby Parker reported revenue of $871.90M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 13.0% from $771.32M a year earlier.

Is Warby Parker profitable?

Yes. Warby Parker earned net income of $1.64M in fiscal 2025, a net margin of 0.2%. In fiscal 2024 it lost $20.39M.

What is Warby Parker's operating margin?

Warby Parker's operating income was −$5.34M on revenue of $871.90M in fiscal 2025, an operating margin of -0.6%, compared with -3.9% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition