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Side-by-side financial comparison of California Resources Corp (CRC) and Warby Parker Inc. (WRBY). Click either name above to swap in a different company.

Warby Parker Inc. is the larger business by last-quarter revenue ($212.0M vs $119.0M, roughly 1.8× California Resources Corp). Warby Parker Inc. produced more free cash flow last quarter ($8.1M vs $-32.0M). Over the past eight quarters, Warby Parker Inc.'s revenue compounded faster (2.9% CAGR vs -46.3%).

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

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.

CRC vs WRBY — Head-to-Head

Bigger by revenue
WRBY
WRBY
1.8× larger
WRBY
$212.0M
$119.0M
CRC
More free cash flow
WRBY
WRBY
$40.1M more FCF
WRBY
$8.1M
$-32.0M
CRC
Faster 2-yr revenue CAGR
WRBY
WRBY
Annualised
WRBY
2.9%
-46.3%
CRC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CRC
CRC
WRBY
WRBY
Revenue
$119.0M
$212.0M
Net Profit
$-6.0M
Gross Margin
52.4%
Operating Margin
-597.5%
-3.2%
Net Margin
-2.8%
Revenue YoY
11.2%
Net Profit YoY
13.4%
EPS (diluted)
$-8.02
$-0.06

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
CRC
CRC
WRBY
WRBY
Q1 26
$119.0M
Q4 25
$679.0M
$212.0M
Q3 25
$715.0M
$221.7M
Q2 25
$702.0M
$214.5M
Q1 25
$814.0M
$223.8M
Q4 24
$826.0M
$190.6M
Q3 24
$870.0M
$192.4M
Q2 24
$412.0M
$188.2M
Net Profit
CRC
CRC
WRBY
WRBY
Q1 26
Q4 25
$12.0M
$-6.0M
Q3 25
$64.0M
$5.9M
Q2 25
$172.0M
$-1.8M
Q1 25
$115.0M
$3.5M
Q4 24
$33.0M
$-6.9M
Q3 24
$345.0M
$-4.1M
Q2 24
$8.0M
$-6.8M
Gross Margin
CRC
CRC
WRBY
WRBY
Q1 26
Q4 25
52.4%
Q3 25
54.1%
Q2 25
53.0%
Q1 25
56.3%
Q4 24
54.1%
Q3 24
54.5%
Q2 24
56.0%
Operating Margin
CRC
CRC
WRBY
WRBY
Q1 26
-597.5%
Q4 25
6.9%
-3.2%
Q3 25
13.7%
1.6%
Q2 25
38.0%
-2.1%
Q1 25
22.9%
1.1%
Q4 24
8.2%
-4.9%
Q3 24
59.5%
-3.4%
Q2 24
9.2%
-4.8%
Net Margin
CRC
CRC
WRBY
WRBY
Q1 26
Q4 25
1.8%
-2.8%
Q3 25
9.0%
2.6%
Q2 25
24.5%
-0.8%
Q1 25
14.1%
1.6%
Q4 24
4.0%
-3.6%
Q3 24
39.7%
-2.1%
Q2 24
1.9%
-3.6%
EPS (diluted)
CRC
CRC
WRBY
WRBY
Q1 26
$-8.02
Q4 25
$0.21
$-0.06
Q3 25
$0.76
$0.05
Q2 25
$1.92
$-0.01
Q1 25
$1.26
$0.03
Q4 24
$0.87
$-0.06
Q3 24
$3.78
$-0.03
Q2 24
$0.11
$-0.06

Balance Sheet & Financial Strength

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

Metric
CRC
CRC
WRBY
WRBY
Cash + ST InvestmentsLiquidity on hand
$286.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.9B
$367.7M
Total Assets
$720.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
WRBY
WRBY
Q1 26
Q4 25
$132.0M
$286.4M
Q3 25
$196.0M
$280.4M
Q2 25
$72.0M
$286.4M
Q1 25
$214.0M
$265.1M
Q4 24
$372.0M
$254.2M
Q3 24
$241.0M
$251.0M
Q2 24
$1.0B
$238.0M
Total Debt
CRC
CRC
WRBY
WRBY
Q1 26
Q4 25
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
CRC
CRC
WRBY
WRBY
Q1 26
$2.9B
Q4 25
$3.7B
$367.7M
Q3 25
$3.4B
$369.6M
Q2 25
$3.4B
$361.5M
Q1 25
$3.5B
$354.1M
Q4 24
$3.5B
$340.1M
Q3 24
$3.5B
$336.8M
Q2 24
$2.1B
$329.4M
Total Assets
CRC
CRC
WRBY
WRBY
Q1 26
Q4 25
$7.4B
$720.9M
Q3 25
$6.8B
$706.9M
Q2 25
$6.7B
$701.9M
Q1 25
$6.8B
$682.8M
Q4 24
$7.1B
$676.5M
Q3 24
$7.1B
$638.0M
Q2 24
$4.5B
$618.2M
Debt / Equity
CRC
CRC
WRBY
WRBY
Q1 26
Q4 25
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.57×

Cash Flow & Capital Efficiency

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

Metric
CRC
CRC
WRBY
WRBY
Operating Cash FlowLast quarter
$99.0M
$23.3M
Free Cash FlowOCF − Capex
$-32.0M
$8.1M
FCF MarginFCF / Revenue
-26.9%
3.8%
Capex IntensityCapex / Revenue
7.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$380.0M
$43.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRC
CRC
WRBY
WRBY
Q1 26
$99.0M
Q4 25
$235.0M
$23.3M
Q3 25
$279.0M
$18.0M
Q2 25
$165.0M
$40.2M
Q1 25
$186.0M
$29.4M
Q4 24
$206.0M
$19.9M
Q3 24
$220.0M
$27.3M
Q2 24
$97.0M
$31.6M
Free Cash Flow
CRC
CRC
WRBY
WRBY
Q1 26
$-32.0M
Q4 25
$115.0M
$8.1M
Q3 25
$188.0M
$-1.5M
Q2 25
$109.0M
$23.9M
Q1 25
$131.0M
$13.2M
Q4 24
$118.0M
$2.2M
Q3 24
$141.0M
$13.1M
Q2 24
$63.0M
$14.0M
FCF Margin
CRC
CRC
WRBY
WRBY
Q1 26
-26.9%
Q4 25
16.9%
3.8%
Q3 25
26.3%
-0.7%
Q2 25
15.5%
11.1%
Q1 25
16.1%
5.9%
Q4 24
14.3%
1.1%
Q3 24
16.2%
6.8%
Q2 24
15.3%
7.4%
Capex Intensity
CRC
CRC
WRBY
WRBY
Q1 26
Q4 25
17.7%
7.1%
Q3 25
12.7%
8.8%
Q2 25
8.0%
7.6%
Q1 25
6.8%
7.2%
Q4 24
10.7%
9.3%
Q3 24
9.1%
7.4%
Q2 24
8.3%
9.4%
Cash Conversion
CRC
CRC
WRBY
WRBY
Q1 26
Q4 25
19.58×
Q3 25
4.36×
3.06×
Q2 25
0.96×
Q1 25
1.62×
8.46×
Q4 24
6.24×
Q3 24
0.64×
Q2 24
12.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRC
CRC

Segment breakdown not available.

WRBY
WRBY

Retail$155.2M73%
E Commerce$56.8M27%

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