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Side-by-side financial comparison of FULTON FINANCIAL CORP (FULT) and Warby Parker Inc. (WRBY). Click either name above to swap in a different company.

FULTON FINANCIAL CORP is the larger business by last-quarter revenue ($336.2M vs $212.0M, roughly 1.6× Warby Parker Inc.). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs -2.8%, a 31.0% gap on every dollar of revenue. On growth, Warby Parker Inc. posted the faster year-over-year revenue change (11.2% vs 4.2%). Over the past eight quarters, Warby Parker Inc.'s revenue compounded faster (2.9% CAGR vs 0.2%).

Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.

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.

FULT vs WRBY — Head-to-Head

Bigger by revenue
FULT
FULT
1.6× larger
FULT
$336.2M
$212.0M
WRBY
Growing faster (revenue YoY)
WRBY
WRBY
+7.0% gap
WRBY
11.2%
4.2%
FULT
Higher net margin
FULT
FULT
31.0% more per $
FULT
28.2%
-2.8%
WRBY
Faster 2-yr revenue CAGR
WRBY
WRBY
Annualised
WRBY
2.9%
0.2%
FULT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FULT
FULT
WRBY
WRBY
Revenue
$336.2M
$212.0M
Net Profit
$94.8M
$-6.0M
Gross Margin
52.4%
Operating Margin
-3.2%
Net Margin
28.2%
-2.8%
Revenue YoY
4.2%
11.2%
Net Profit YoY
1.9%
13.4%
EPS (diluted)
$0.55
$-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
FULT
FULT
WRBY
WRBY
Q1 26
$336.2M
Q4 25
$336.0M
$212.0M
Q3 25
$334.6M
$221.7M
Q2 25
$324.1M
$214.5M
Q1 25
$318.4M
$223.8M
Q4 24
$319.6M
$190.6M
Q3 24
$317.7M
$192.4M
Q2 24
$334.7M
$188.2M
Net Profit
FULT
FULT
WRBY
WRBY
Q1 26
$94.8M
Q4 25
$99.0M
$-6.0M
Q3 25
$100.5M
$5.9M
Q2 25
$99.2M
$-1.8M
Q1 25
$93.0M
$3.5M
Q4 24
$68.6M
$-6.9M
Q3 24
$63.2M
$-4.1M
Q2 24
$95.0M
$-6.8M
Gross Margin
FULT
FULT
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
FULT
FULT
WRBY
WRBY
Q1 26
Q4 25
35.7%
-3.2%
Q3 25
38.2%
1.6%
Q2 25
37.8%
-2.1%
Q1 25
36.1%
1.1%
Q4 24
27.0%
-4.9%
Q3 24
25.1%
-3.4%
Q2 24
30.8%
-4.8%
Net Margin
FULT
FULT
WRBY
WRBY
Q1 26
28.2%
Q4 25
29.5%
-2.8%
Q3 25
30.0%
2.6%
Q2 25
30.6%
-0.8%
Q1 25
29.2%
1.6%
Q4 24
21.5%
-3.6%
Q3 24
19.9%
-2.1%
Q2 24
28.4%
-3.6%
EPS (diluted)
FULT
FULT
WRBY
WRBY
Q1 26
$0.55
Q4 25
$0.53
$-0.06
Q3 25
$0.53
$0.05
Q2 25
$0.53
$-0.01
Q1 25
$0.49
$0.03
Q4 24
$0.36
$-0.06
Q3 24
$0.33
$-0.03
Q2 24
$0.52
$-0.06

Balance Sheet & Financial Strength

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

Metric
FULT
FULT
WRBY
WRBY
Cash + ST InvestmentsLiquidity on hand
$286.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.5B
$367.7M
Total Assets
$32.2B
$720.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FULT
FULT
WRBY
WRBY
Q1 26
Q4 25
$286.4M
Q3 25
$280.4M
Q2 25
$286.4M
Q1 25
$265.1M
Q4 24
$254.2M
Q3 24
$251.0M
Q2 24
$238.0M
Stockholders' Equity
FULT
FULT
WRBY
WRBY
Q1 26
$3.5B
Q4 25
$3.5B
$367.7M
Q3 25
$3.4B
$369.6M
Q2 25
$3.3B
$361.5M
Q1 25
$3.3B
$354.1M
Q4 24
$3.2B
$340.1M
Q3 24
$3.2B
$336.8M
Q2 24
$3.1B
$329.4M
Total Assets
FULT
FULT
WRBY
WRBY
Q1 26
$32.2B
Q4 25
$32.1B
$720.9M
Q3 25
$32.0B
$706.9M
Q2 25
$32.0B
$701.9M
Q1 25
$32.1B
$682.8M
Q4 24
$32.1B
$676.5M
Q3 24
$32.2B
$638.0M
Q2 24
$31.8B
$618.2M

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FULT
FULT
WRBY
WRBY
Q1 26
Q4 25
$304.5M
$23.3M
Q3 25
$116.1M
$18.0M
Q2 25
$91.7M
$40.2M
Q1 25
$703.0K
$29.4M
Q4 24
$416.6M
$19.9M
Q3 24
$-22.0M
$27.3M
Q2 24
$157.8M
$31.6M
Free Cash Flow
FULT
FULT
WRBY
WRBY
Q1 26
Q4 25
$8.1M
Q3 25
$-1.5M
Q2 25
$23.9M
Q1 25
$13.2M
Q4 24
$2.2M
Q3 24
$13.1M
Q2 24
$14.0M
FCF Margin
FULT
FULT
WRBY
WRBY
Q1 26
Q4 25
3.8%
Q3 25
-0.7%
Q2 25
11.1%
Q1 25
5.9%
Q4 24
1.1%
Q3 24
6.8%
Q2 24
7.4%
Capex Intensity
FULT
FULT
WRBY
WRBY
Q1 26
Q4 25
7.1%
Q3 25
8.8%
Q2 25
7.6%
Q1 25
7.2%
Q4 24
9.3%
Q3 24
7.4%
Q2 24
9.4%
Cash Conversion
FULT
FULT
WRBY
WRBY
Q1 26
Q4 25
3.08×
Q3 25
1.16×
3.06×
Q2 25
0.92×
Q1 25
0.01×
8.46×
Q4 24
6.07×
Q3 24
-0.35×
Q2 24
1.66×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FULT
FULT

Segment breakdown not available.

WRBY
WRBY

Retail$155.2M73%
E Commerce$56.8M27%

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