Warby Parker Inc. (WRBY)
Warby Parker Inc. sells eyewear products through its retail and e-commerce platform in the United States and Canada. The company offers eyeglasses and sunglasses; and single-vision, progressive, light-responsive, polarized, blue-light-filtering, tinted, non-prescription, and contact lenses. It also provides accessories, such as cases, pouches, lenses kit with anti-fog spray, travel cases, lenses cloth, anti-fog lens spray, and sun clip-ons through its stores, website, and mobile apps. In addition, the company offers eye exams and vision tests, as well as optical services. Warby Parker Inc. was incorporated in 2009 and is headquartered in New York, New York.
- Symbol
- WRBY
- Exchange
- NYSE
- Sector
- Healthcare
- Industry
- Medical Instruments & Supplies
- Market cap
- $2.84B
- 52 week range
- 14.96 - 31
Valuation
- Share price
- $23.35 (close of 2026-09-23)
- P/E (TTM)
- 382.33x
- Price to book
- 7.25x
- Price to free cash flow
- 130.74x
- Enterprise value
- $2.80B
- Book value per share
- $3.16
Price performance
| Period | Change |
|---|
| 1 day | +0.43% |
| 5 days | -4.07% |
| 1 month | -14.91% |
| 3 months | -8.93% |
| 6 months | -3.43% |
| Year to date | +7.16% |
| 1 year | -17.46% |
| 3 years | +89.07% |
| All time | -57.15% |
Profitability and growth
- Return on equity
- 0.45%
- Return on invested capital
- -1.70%
- Return on assets
- 0.23%
- Return on capital employed
- -0.93%
- Gross margin
- 53.97%
- Net margin
- 0.19%
- EBITDA margin
- 5.15%
- Revenue growth
- 13.04%
- Net income growth
- 108.05%
- Free cash flow growth
- 26.00%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 0.76%
- Current ratio
- 2.27x
- Net debt to EBITDA
- -0.76x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $871.90M
- Cost of revenue
- $401.33M
- Gross profit
- $470.58M
- EBITDA
- $44.94M
- Net income
- $1.64M
- Earnings per share
- $0.01
- Shares outstanding
- 122.67M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $871.90M | $470.58M | $1.64M | $0.01 |
| 2024-12-31 | $771.32M | $426.83M | $-20.39M | $-0.17 |
| 2023-12-31 | $669.76M | $365.22M | $-63.20M | $-0.54 |
| 2022-12-31 | $598.11M | $341.06M | $-110.39M | $-0.96 |
| 2021-12-31 | $540.80M | $317.75M | $-144.27M | $-2.21 |
| 2020-12-31 | $393.72M | $231.94M | $-55.92M | $-1.05 |
| 2019-12-31 | $370.46M | $223.11M | - | $-1.10 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 53.97% | 0.19% | 0.45% | -1.70% |
| 2024-12-31 | 55.34% | -2.64% | -6.00% | -9.67% |
| 2023-12-31 | 54.53% | -9.44% | -20.94% | -27.76% |
| 2022-12-31 | 57.02% | -18.46% | -38.51% | -44.23% |
| 2021-12-31 | 58.76% | -26.68% | -50.44% | -485.64% |
| 2020-12-31 | 58.91% | -14.20% | 28.23% | - |
| 2019-12-31 | 60.22% | 0.00% | 0.00% | - |
Cash and debt by year
| Period end | Cash |
|---|
| 2025-12-31 | $286.36M |
| 2024-12-31 | $254.16M |
| 2023-12-31 | $216.89M |
| 2022-12-31 | $208.59M |
| 2021-12-31 | $256.42M |
| 2020-12-31 | $314.08M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $43.74M | $34.54M |
| 2024-12-31 | $34.71M | $47.29M |
| 2023-12-31 | $7.32M | $70.51M |
| 2022-12-31 | $-49.81M | $98.03M |
| 2021-12-31 | $-80.51M | $107.15M |
| 2020-12-31 | $12.69M | $44.91M |
| 2019-12-31 | $-11.24M | $8.50M |
Investor relations
Next earnings report
- Next confirmed report
- 2026-11-05
- Consensus EPS estimate
- $0.03
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-08-06 | Jun/2026 | $0.05 |
| 2026-05-07 | - | - |
| 2026-02-26 | - | - |
| 2025-11-06 | - | - |
| 2025-08-07 | - | - |
| 2025-05-08 | - | - |
| 2025-02-27 | - | - |
| 2024-11-07 | - | - |
Filings and sources
- Company website
- warbyparker.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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