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Warby Parker WRBY Lease liabilities

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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

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Return on equity0.2%+0.1pp
Debt / equity0.6×0.0×
Current ratio2.3×-0.4×

Where this comes from

Reported directly by Warby Parker in its filing.

Tagged under the XBRL concept wrby:DeferredTaxAssetsOperatingLeaseLiabilities.

The official record: Warby Parker’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Warby Parker's lease liabilities?
Warby Parker (WRBY) reported lease liabilities of $65.45M in Q4 2025.
How has Warby Parker's lease liabilities changed year-over-year?
Warby Parker's lease liabilities increased by 2.2% year-over-year, from $64.02M to $65.45M.
What does lease liabilities mean?
This represents the deferred tax asset created by the timing differences between the accounting recognition of operating lease liabilities and their tax treatment. It highlights the impact of lease accounting standards on the company's tax position. Investors use this to understand how the company's real estate strategy influences its deferred tax profile.