What are Warby Parker's profit margins?

Gross margin is 53.4% and operating margin is -0.7%, with a 0.1% net margin.

Where does Warby Parker's income statement data come from?

Every line is extracted from Warby Parker's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Warby Parker WRBY Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Total revenue	$242.45M+14.4%	$211.97M-4.4%	$221.68M+3.4%	$214.48M-4.2%	$223.78M+17.4%
Total cost of revenue	$111.41M+10.4%	$100.93M-0.8%	$101.74M+0.9%	$100.87M+3.1%	$97.8M+11.8%
Gross profit	$131.04M+18.0%	$111.04M-7.4%	$119.95M+5.6%	$113.61M-9.8%	$125.98M+22.2%
Gross margin	54%+1.7pp	52.4%-1.7pp	54.1%+1.1pp	53%-3.3pp	56.3%+2.2pp
Selling, general and administrative	$129.37M+9.7%	$117.9M+1.3%	$116.38M-1.5%	$118.13M-4.4%	$123.51M+9.7%
Operating income	$1.67M+124%	-$6.85M-292%	$3.57M+179%	-$4.53M-283%	$2.47M+126%
Operating margin	0.7%+3.9pp	-3.2%-4.8pp	1.6%+3.7pp	-2.1%-3.2pp	1.1%+6.0pp
Other income (expense), net	$2.33M+32.4%	$1.76M-19.2%	$2.18M+9.8%	$1.98M-19.2%	$2.46M-6.7%
Income before income taxes	$4M—	——	$5.75M+326%	-$2.54M-152%	$4.93M+173%
Income tax expense	$821K-4.8%	$862K+790%	-$125K+84.2%	-$789K-154%	$1.45M+1,463%
Net income	$3.18M—	——	$5.87M+435%	-$1.75M-150%	$3.47M+150%
Net margin	1.3%—	——	2.6%+3.5pp	-0.8%-2.4pp	1.6%+5.2pp
Diluted earnings per share	$0.03—	——	$0.05+600%	-$0.01-133%	$0.03+150%
EBITDA	$15.44M+147%	$6.25M-61.2%	$16.1M+102%	$7.96M-45.6%	$14.63M+402%
EBITDA margin	6.4%+3.4pp	2.9%-4.3pp	7.3%+3.6pp	3.7%-2.8pp	6.5%+5.0pp
EBIT	$1.67M+124%	-$6.85M-292%	$3.57M+179%	-$4.53M-283%	$2.47M+126%

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Warby Parker's profit margins?: Gross margin is 53.4% and operating margin is -0.7%, with a 0.1% net margin.
Where does Warby Parker's income statement data come from?: Every line is extracted from Warby Parker's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.