Warby Parker (WRBY) Gross Margin (2020 - 2026)
Warby Parker (WRBY) posted Gross Margin of 54.05% for Q1 2026, up 3.17% on a QoQ basis from 52.39% in Q4 2025, and down 225.0% year-over-year from 43.24% in Q1 2025.
Warby Parker (WRBY) Gross Margin (2020 - 2026) Analysis & Trends
Warby Parker's Gross Margin history runs 7 years deep, the most recent figure standing at 54.05% for Q1 2026.
- Quarterly Gross Margin fell 225.0% year-over-year to 54.05% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 53.41% (down 185.0% YoY) and the FY2025 annual result came in at 53.97%, down 137.0% from the prior year.
- Gross Margin was 54.05% for Q1 2026 at Warby Parker, up from 52.39% in the prior quarter.
- Across five years, Gross Margin topped out at 58.51% in Q1 2022 and bottomed at 52.39% in Q4 2025.
- A 5-year average of 55.13% and a median of 54.6% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin plunged 339 bps — and 2024, when it jumped 161 bps.
- Warby Parker's Gross Margin stood at 55.05% in 2022, then dropped by 2 bps to 53.79% in 2023, then gained by 1 bps to 54.09% in 2024, then declined by 3 bps to 52.39% in 2025, then grew by 3 bps to 54.05% in 2026.
- Business Quant data shows WRBY's Gross Margin at 54.05% in Q1 2026, 52.39% in Q4 2025, and 54.11% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcon | 32,734,969.19 Bn | 32,734,967.53 Bn | 1.53 Bn | 56.80% |
| 2 | Intuitive Surgical | 117.50 Bn | 112.41 Bn | 1.96 Bn | 67.78% |
| 3 | Becton Dickinson | 42.93 Bn | 42.11 Bn | 2.15 Bn | 45.69% |
| 4 | Medline | 30.82 Bn | 36.66 Bn | 1.84 Bn | 25.04% |
| 5 | Resmed | 27.90 Bn | 26.23 Bn | 890.98 Mn | 62.25% |
| 6 | West Pharmaceutical Services | 26.76 Bn | 26.23 Bn | 329.20 Mn | 37.74% |
| 7 | Cooper Companies | 15.30 Bn | 15.16 Bn | 735.40 Mn | 68.00% |
| 8 | Solventum | 13.46 Bn | 12.90 Bn | 1.10 Bn | 54.66% |
| 9 | Align Technology | 12.02 Bn | 10.96 Bn | 736.59 Mn | 70.82% |
| 10 | Warby Parker | 3.00 Bn | 2.71 Bn | 131.04 Mn | 54.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 59.33% |