What is Warby Parker's net debt?

Warby Parker (WRBY) reported net debt of -$50.61M in Q1 2026.

How has Warby Parker's net debt changed year-over-year?

Warby Parker's net debt decreased by 22.2% year-over-year, from -$41.41M to -$50.61M.

What is the long-term trend for Warby Parker's net debt?

Over 4 years (2021 to 2025), Warby Parker's net debt has grown at a -16.6% compound annual growth rate (CAGR), from -$110.22M to -$53.21M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Warby Parker WRBY Net debt

Discontinued — last reported Q1 '26

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Other financials

Income statement

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Revenue$242.4M+8.3%

Gross profit$131.0M+4.0%

Operating income$1.7M-32.5%

Net income$3.2M-8.5%

EPS (diluted)$0.030.0%

Balance sheet

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Cash & equivalents$288.2M+8.7%

Total debt$237.6M+6.2%

Total equity$375.8M+6.1%

Total assets$736.4M+7.9%

Cash flow

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Operating cash flow$24.5M-16.5%

CapEx$16.1M-0.1%

Free cash flow$8.4M-36.6%

Valuation

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Market cap$3.15B+17.1%

Profitability

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Gross margin53.4%-1.8pp

Operating margin-0.7%-0.3pp

Net margin0.1%0.0pp

FCF margin4.5%-0.8pp

Returns & leverage

See full

Return on equity0.2%+0.1pp

Debt / equity0.6×0.0×

Current ratio2.3×-0.4×

Where this comes from

Calculated from Warby Parker’s reported figures.

$237.6Mtotal debt−$288.2Mcash and equivalents=-$50.61M

The official record: Warby Parker’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Warby Parker's net debt?: Warby Parker (WRBY) reported net debt of -$50.61M in Q1 2026.
How has Warby Parker's net debt changed year-over-year?: Warby Parker's net debt decreased by 22.2% year-over-year, from -$41.41M to -$50.61M.
What is the long-term trend for Warby Parker's net debt?: Over 4 years (2021 to 2025), Warby Parker's net debt has grown at a -16.6% compound annual growth rate (CAGR), from -$110.22M to -$53.21M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.