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) Operating margin

Alert me on Operating margin

Warby Parker Inc.'s operating margin over the twelve months to 30 September 2026 was 0.16%, up 0.8 percentage points from fiscal 2025 (−0.61%). Over the past ten years it has ranged from −26.6% (fiscal 2021) to −0.45% (fiscal 2019); the current reading is higher than 86% of that period. That is below the Medical Instruments & Supplies industry median of 1.97% and above the Healthcare sector median of 0.00%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 −0.61% 3.29
FY2024 −3.90% 6.85
FY2023 −10.8% 7.84
FY2022 −18.6% 7.97
FY2021 −26.6% (12.43)
FY2020 −14.1% (13.68)
FY2019 −0.45% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 1.45% 0.11
Jun 2026 1.34% 0.65
Mar 2026 0.69% 3.92
Dec 2025 −3.23% (4.84)
22 more quarters

Against its own ten years

Low −26.6% High −0.45%
Ten-year median −10.8%
Current reading's percentile 95

Operating margin against peers

Company Operating margin
LMAT LeMaitre Vascular, Inc. compare 27.7%
STVN Stevanato Group S.p.A. compare 16.6%
ICUI ICU Medical, Inc. compare 5.07%
ATRC AtriCure, Inc. compare 2.89%
WRBY Warby Parker Inc. 0.16%
XRAY DENTSPLY SIRONA Inc. compare −1.54%
AZTA Azenta, Inc. compare −28.6%
KMTS Kestra Medical Technologies, Ltd. compare −134.5%
PLSE Pulse Biosciences, Inc compare −5,821.1%
Medical Instruments & Supplies industry median 1.97%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on WRBY