Warby Parker Inc.

WRBY Healthcare Medical Instruments & Supplies

Warby Parker Inc.’s revenue for fiscal 2025 (year ended December 2025) was $871.9 million, up 13.0% from fiscal 2024.

Revenue
+10.4%
EPS
−20.0%
Free cash flow
−30.3%

Quarter to September 2026, against a year earlier

26.05 4.76 +22.36%
Market cap
$3.2B
P/E
434×
Fwd P/E
208×
Dividend yield
—
F-score
6/9
Altman Z
4.73
Beneish M
−2.64
Dividend safety
n/a

Warby Parker Inc. (WRBY) Net margin

Alert me on Net margin

Warby Parker Inc.'s net margin over the twelve months to 30 September 2026 was 0.80%, up 0.6 percentage points from fiscal 2025 (0.19%). Over the past ten years it has ranged from −29.1% (fiscal 2021) to 0.19% (fiscal 2025) — the current reading is the highest in ten years. That is above the Medical Instruments & Supplies industry median of 0.00% and above the Healthcare sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 0.19% 2.83
FY2024 −2.64% 6.80
FY2023 −9.44% 9.02
FY2022 −18.5% 10.65
FY2021 −29.1% (14.91)
FY2020 −14.2% 1.33
FY2019 −15.5% —

Quarterly newest first

Period Net margin Change (points)
Sep 2026 2.29% 0.32
Jun 2026 1.97% 0.66
Mar 2026 1.31% 4.12
Dec 2025 −2.81% (5.46)
22 more quarters

Against its own ten years

Low −29.1% High 0.19%
Ten-year median −14.2%
Current reading's percentile 96

Net margin against peers

Company Net margin
LMAT LeMaitre Vascular, Inc. compare 23.5%
STVN Stevanato Group S.p.A. compare 11.2%
ICUI ICU Medical, Inc. compare 2.76%
ATRC AtriCure, Inc. compare 2.52%
WRBY Warby Parker Inc. 0.80%
XRAY DENTSPLY SIRONA Inc. compare −3.38%
AZTA Azenta, Inc. compare −20.0%
KMTS Kestra Medical Technologies, Ltd. compare −140.4%
PLSE Pulse Biosciences, Inc compare −5,609.4%
Medical Instruments & Supplies industry median 0.00%
Healthcare sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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