Warby Parker Financial Statements
NYSE: WRBYHealth CareOphthalmic GoodsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Warby Parker revenue and earnings
In fiscal 2025, Warby Parker generated $871.9 million in revenue, up 13.0% from fiscal 2024, its 6th consecutive year of revenue growth. Net income was $1.6 million, for a net margin of 0.2% versus a median of -14.2% in the prior 5 years. Gross margin was 54.0% (down from 55.3%) and operating margin -0.6%.
Diluted earnings per share came in at $0.01. Over the last 5 fiscal years, WRBY's revenue has grown at a 17.2% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Warby Parker income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|---|
| Revenue | 871.90M | 771.32M | 669.76M | 598.11M | 540.80M | 393.72M | 370.46M |
| Revenue growth (YoY) | +13.04% | +15.16% | +11.98% | +10.60% | +37.36% | +6.28% | — |
| Cost of Revenue | 401.33M | 344.48M | 304.54M | 257.05M | 223.05M | 161.78M | 147.35M |
| Gross Profit | 470.58M | 426.83M | 365.22M | 341.06M | 317.75M | 231.94M | 223.11M |
| Operating Expenses | 475.92M | 456.95M | 437.22M | 452.26M | 461.41M | 287.57M | 224.77M |
| Selling, General & Admin | 475.92M | 456.95M | 437.22M | 452.26M | 461.41M | 287.57M | 224.77M |
| Operating Income | -5.34M | -30.11M | -72.00M | -111.20M | -143.66M | -55.63M | -1.66M |
| Other Income (Expense) | 8.38M | 10.60M | 9.23M | 1.31M | -347.00K | -97.00K | 1.94M |
| Pretax Income | 3.04M | -19.52M | -62.76M | -109.90M | -144.01M | -55.73M | 276.00K |
| Income Tax | 1.40M | 875.00K | 433.00K | 497.00K | 263.00K | 190.00K | 276.00K |
| Net Income | 1.64M | -20.39M | -63.20M | -110.39M | -144.27M | -55.92M | 0 |
| Net Income growth (YoY) | — | — | — | — | — | — | — |
| EPS (Basic) | 0.01 | -0.17 | -0.54 | -0.96 | -2.21 | -1.05 | -1.10 |
| EPS (Diluted) | 0.01 | -0.17 | -0.54 | -0.96 | -2.21 | -1.05 | -1.10 |
| Shares Outstanding (Basic) | 122.67M | 120.39M | 117.39M | 114.94M | 71.25M | 53.03M | 52.42M |
| Shares Outstanding (Diluted) | 125.10M | 120.39M | 117.39M | 114.94M | 71.25M | 53.03M | 52.42M |
| EBITDA | 44.94M | 15.75M | -33.44M | -79.34M | -122.11M | -37.87M | 12.85M |
| Gross Margin | 53.97% | 55.34% | 54.53% | 57.02% | 58.76% | 58.91% | 60.22% |
| Operating Margin | -61.00% | -3.90% | -10.75% | -18.59% | -26.56% | -14.13% | -45.00% |
| Net Margin | 19.00% | -2.64% | -9.44% | -18.46% | -26.68% | -14.20% | 0.00% |
This table shows 7 annual periods of Warby Parker's income statement, from FY 2025 back to FY 2019, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow WRBY's reporting calendar. What is a income statement?