Warby Parker Inc.WRBYEarnings & Financial Report
Warby Parker Inc. is an American eyewear brand and retailer of prescription glasses, contact lenses, and sunglasses, based in New York City. It also offers eye exams. Originally founded in 2010 as an online-only retailer, the company now generates about two-thirds of its revenue from its 276 physical retail stores, 271 of which are in the U.S. and 5 of which are in Canada. The company intends to operate 900 stores. The company has 2.28 million customers; average order value is $263.
WRBY Q3 2025 Key Financial Metrics
Revenue
$221.7M
Gross Profit
$119.9M
Operating Profit
$3.6M
Net Profit
$5.9M
Gross Margin
54.1%
Operating Margin
1.6%
Net Margin
2.6%
YoY Growth
15.2%
EPS
$0.05
Financial Flow
Warby Parker Inc. Q3 2025 Financial Summary
Warby Parker Inc. reported revenue of $221.7M for Q3 2025, with a net profit of $5.9M (2.6% margin). Cost of goods sold was $101.7M, operating expenses totaled $116.4M.
Key Financial Metrics
| Total Revenue | $221.7M |
|---|---|
| Net Profit | $5.9M |
| Gross Margin | 54.1% |
| Operating Margin | 1.6% |
| Report Period | Q3 2025 |
Warby Parker Inc. Annual Revenue by Year
Warby Parker Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $771.3M).
| Year | Annual Revenue |
|---|---|
| 2024 | $771.3M |
| 2023 | $669.8M |
| 2022 | $598.1M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $161.9M | $200.0M | $188.2M | $192.4M | $190.6M | $223.8M | $214.5M | $221.7M |
| YoY Growth | 10.5% | 16.3% | 13.3% | 13.3% | 17.8% | 11.9% | 13.9% | 15.2% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $580.3M | $592.9M | $618.2M | $638.0M | $676.5M | $682.8M | $701.9M | $706.9M |
| Liabilities | $278.5M | $276.7M | $288.8M | $301.2M | $336.4M | $328.7M | $340.4M | $337.3M |
| Equity | $301.8M | $316.2M | $329.4M | $336.8M | $340.1M | $354.1M | $361.5M | $369.6M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $13.7M | $19.9M | $31.6M | $27.3M | $19.9M | $29.4M | $40.2M | $18.0M |
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