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Warby Parker WRBY Minimum lease payments for leases not yet commenced

Minimum lease payments for leases not yet commenced at other companies

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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:LesseeOperatingLeaseLeaseNotYetCommencedLiability.

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 minimum lease payments for leases not yet commenced?
Warby Parker (WRBY) reported minimum lease payments for leases not yet commenced of $12.3M in Q1 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 75.7% year-over-year, from $7M to $12.3M.
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?
This represents the future financial commitment for operating leases that have been signed but have not yet reached their commencement date. It serves as a forward-looking indicator of future lease liabilities and planned expansion of the physical store network. Investors use this to assess the company's committed capital expenditure and future operational footprint growth.