Warby Parker (WRBY) Gross Margin (2020 - 2026)
Warby Parker's (WRBY) quarterly Gross Margin came in at 54.05% in Q1 2026, down 225.0% YoY from 43.24% in Q1 2025, and up 3.17% on a QoQ basis from 52.39% in Q4 2025.
Warby Parker (WRBY) Gross Margin (2020 - 2026) Analysis & Trends
Warby Parker (WRBY) has 7 years of Gross Margin data on file, last reported at 54.05% in 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 improved to 54.05% in Q1 2026, from 52.39% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 58.51% in Q1 2022 to a low of 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 sank 339 bps — and 2024, when it jumped 161 bps.
- Tracing WRBY's Gross Margin over 5 years: stood at 55.05% in 2022, then decreased by 2 bps to 53.79% in 2023, then increased by 1 bps to 54.09% in 2024, then slipped by 3 bps to 52.39% in 2025, then advanced by 3 bps to 54.05% in 2026.
- The last three Gross Margin figures came in at 54.05% (Q1 2026), 52.39% (Q4 2025), and 54.11% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 135.00 Bn | 129.79 Bn | 1.96 Bn | 67.78% |
| 2 | Becton Dickinson | 52.50 Bn | 51.64 Bn | 2.32 Bn | 46.46% |
| 3 | Alcon | 35.74 Bn | 34.39 Bn | 1.68 Bn | 59.33% |
| 4 | Resmed | 33.91 Bn | 32.44 Bn | 861.22 Mn | 58.84% |
| 5 | Medline | 29.11 Bn | 26.44 Bn | 2.22 Bn | 28.82% |
| 6 | West Pharmaceutical Services | 24.88 Bn | 24.44 Bn | 329.20 Mn | 37.74% |
| 7 | Solventum | 15.34 Bn | 14.94 Bn | 1.29 Bn | 58.22% |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | 68.00% |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | 34.86% |
| 10 | Warby Parker | 3.46 Bn | 3.16 Bn | 136.46 Mn | 57.94% |
Historic Data
Download 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% |