Warby Parker (WRBY) FCF Margin (2020 - 2026)
Warby Parker's FCF Margin was 2.87% in Q2 2026, down 8.28 percentage points from 11.15% a year earlier and down 0.59 percentage points from the prior quarter.
Warby Parker (WRBY) FCF Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Warby Parker's FCF Margin was 2.39% through Jun 30, 2026, down 3.99 percentage points year-over-year; for FY2025, it came in at 5.02%, up 0.52 percentage points from FY2024.
- FCF Margin has now increased for four consecutive years, with a five-year change of +1.79 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 4.50% in FY2024 (+3.41 pp), 1.09% in FY2023 (+9.42 pp), -8.33% in FY2022 (+6.56 pp) and -14.89% in FY2021 (-18.11 pp).
- Quarterly FCF Margin has moved between -34.88% (Q4 2021) and 11.15% (Q2 2025) over five years.
- Compared with a year earlier, FCF Margin was higher in five of the last eight quarters, with an average year-over-year change of -0.42 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q4 2022 (a gain of 41.45 percentage points); the worst was Q4 2021 (a drop of 47.33 percentage points).
- Per Business Quant data, WRBY's FCF Margin in the three quarters before Q2 2026 was 3.45% (Q1 2026), 3.84% (Q4 2025) and -0.68% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 55.66 Bn | 21.86 Bn | 4.80 Bn | -0.57% |
| 2 | Tapestry | 23.64 Bn | 19.60 Bn | 1.56 Bn | 24.99% |
| 3 | Ralph Lauren | 22.84 Bn | 14.94 Bn | 1.44 Bn | 14.59% |
| 4 | Deckers Outdoor | 12.26 Bn | 5.13 Bn | - | - |
| 5 | Lululemon Athletica | 10.93 Bn | 5.19 Bn | 1.46 Bn | 9.32% |
| 6 | Levi Strauss | 8.11 Bn | 4.69 Bn | 1.07 Bn | 2.75% |
| 7 | V F | 6.73 Bn | 3.35 Bn | 917.04 Mn | -6.11% |
| 8 | Gildan Activewear | 6.46 Bn | 5.38 Bn | 459.76 Mn | 23.21% |
| 9 | Birkenstock Holding | 6.03 Bn | 4.35 Bn | 493.89 Mn | 30.61% |
| 10 | Warby Parker | 3.15 Bn | 2.01 Bn | 136.46 Mn | 2.87% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.87% |
| Mar 31, 2026 | 3.45% |
| Dec 31, 2025 | 3.84% |
| Sep 30, 2025 | -0.68% |
| Jun 30, 2025 | 11.15% |
| Mar 31, 2025 | 5.90% |
| Dec 31, 2024 | 1.15% |
| Sep 30, 2024 | 6.79% |
| Jun 30, 2024 | 7.42% |
| Mar 31, 2024 | 2.74% |
| Dec 31, 2023 | 0.06% |
| Sep 30, 2023 | 2.62% |
| Jun 30, 2023 | 3.93% |
| Mar 31, 2023 | -2.18% |
| Dec 31, 2022 | 6.57% |
| Sep 30, 2022 | -8.70% |
| Jun 30, 2022 | -13.46% |
| Mar 31, 2022 | -17.20% |
| Dec 31, 2021 | -34.88% |
| Sep 30, 2021 | -5.71% |
Warby Parker FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=WRBY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "WRBY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=WRBY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();