Warby Parker (WRBY) Gross Margin (2020 - 2026)
Warby Parker (WRBY) reported Gross Margin of 57.94% for Q2 2026, up 4.97 percentage points from 52.97% a year earlier and up 3.89 percentage points from the prior quarter.
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Analysis
Warby Parker (WRBY) Gross Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Warby Parker's Gross Margin came in at 54.68%, up 0.19 percentage points year-over-year; for FY2025, it came in at 53.97%, down 1.37 percentage points from FY2024.
- Gross Margin has a five-year change of -4.94 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 55.34% in FY2024 (+0.81 pp), 54.53% in FY2023 (-2.49 pp), 57.02% in FY2022 (-1.73 pp) and 58.76% in FY2021 (-0.15 pp).
- The Q2 2026 figure ranks as the highest quarterly Gross Margin since Q1 2022.
- Year over year, Gross Margin gained in two of the last eight quarters, with an average year-over-year change of -0.33 percentage points.
- The high point for year-over-year Gross Margin in five years was Q2 2026 (a gain of 4.97 percentage points); the low point was Q3 2021 (a drop of 3.47 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 54.05% (Q1 2026), 52.39% (Q4 2025) and 54.11% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 55.70 Bn | 21.90 Bn | 4.80 Bn | 42.79% |
| 2 | Tapestry | 23.51 Bn | 19.47 Bn | 1.56 Bn | 83.32% |
| 3 | Ralph Lauren | 22.86 Bn | 14.96 Bn | 1.44 Bn | 73.69% |
| 4 | Deckers Outdoor | 12.32 Bn | 5.19 Bn | - | - |
| 5 | Lululemon Athletica | 10.92 Bn | 5.17 Bn | 1.46 Bn | 60.52% |
| 6 | Levi Strauss | 8.09 Bn | 4.67 Bn | 1.07 Bn | 66.21% |
| 7 | V F | 6.73 Bn | 3.35 Bn | 917.04 Mn | 54.93% |
| 8 | Gildan Activewear | 6.45 Bn | 5.37 Bn | 459.76 Mn | 29.05% |
| 9 | Birkenstock Holding | 6.04 Bn | 4.36 Bn | 493.89 Mn | 59.05% |
| 10 | Warby Parker | 3.16 Bn | 2.01 Bn | 136.46 Mn | 57.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.94% |
| Mar 31, 2026 | 54.05% |
| Dec 31, 2025 | 52.39% |
| Sep 30, 2025 | 54.11% |
| Jun 30, 2025 | 52.97% |
| Mar 31, 2025 | 56.30% |
| Dec 31, 2024 | 54.09% |
| Sep 30, 2024 | 54.49% |
| Jun 30, 2024 | 55.99% |
| Mar 31, 2024 | 56.73% |
| Dec 31, 2023 | 53.79% |
| Sep 30, 2023 | 54.60% |
| Jun 30, 2023 | 54.57% |
| Mar 31, 2023 | 55.12% |
| Dec 31, 2022 | 55.05% |
| Sep 30, 2022 | 56.74% |
| Jun 30, 2022 | 57.71% |
| Mar 31, 2022 | 58.51% |
| Dec 31, 2021 | 57.38% |
| Sep 30, 2021 | 57.99% |
API Access
Warby Parker Gross 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=gross-margin&ticker=WRBY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=WRBY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();