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Warby Parker WRBY Minimum lease payments for leases not yet commenced

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Other financials

Income statement

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Revenue$235.5M+9.8%
Gross profit$136.5M+20.1%
Operating income$3.2M+170%
Net income$4.6M+365%
EPS (diluted)$0.04+500%

Balance sheet

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Cash & equivalents$292.7M+2.2%
Total debt$251.0M+9.9%
Total equity$392.0M+8.4%
Total assets$772.3M+10.0%

Cash flow

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Operating cash flow$29.6M-26.3%
CapEx$22.9M+40.4%
Free cash flow$6.8M-71.8%

Valuation

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Market cap$3.27B+15.3%
Enterprise value$3.22B+16.2%
P/E273.5×
P/S3.6×+0.1×

Profitability

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Gross margin54.7%+0.2pp
Operating margin0.2%+0.1pp
Net margin0.1%0.0pp
FCF margin2.6%-3.8pp

Returns & leverage

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Return on equity0.2%+0.1pp
Debt / equity0.6×0.0×
Current ratio2.3×-0.3×

Where this comes from

Reported directly by Warby Parker in its filing.

Tagged under the XBRL concept wrby:LesseeOperatingLeaseLeaseNotYetCommencedLiability.

The source filing: Warby Parker’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 5:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001504776-26-000019

(1) The years 2026 and 2027 include $5.5 million and $5.5 million, respectively, of expected cash inflows from tenant improvement allowances. Operating lease payments exclude $10.5 million of legally binding minimum lease payments related to executed leases for which the Company has not yet taken possession of the leased premises.

Item 1. Financial Statements

FAQ

What is Warby Parker's minimum lease payments for leases not yet commenced?
Warby Parker (WRBY) reported minimum lease payments for leases not yet commenced of $10.5M in Q2 2026.
How has Warby Parker's minimum lease payments for leases not yet commenced changed year-over-year?
Warby Parker's minimum lease payments for leases not yet commenced increased by 31.3% year-over-year, from $8M to $10.5M.
What is the long-term trend for Warby Parker's minimum lease payments for leases not yet commenced?
Over 3 years (2022 to 2025), Warby Parker's minimum lease payments for leases not yet commenced has grown at a 49.0% compound annual growth rate (CAGR), from $4.2M to $13.9M.
What does minimum lease payments for leases not yet commenced mean?
Minimum lease payments for leases not yet commenced as reported by Warby Parker Inc..

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