Warby Parker (WRBY) Gross Margin (2020 - 2026)
Warby Parker's (WRBY) quarterly Gross Margin came in at 57.94% in Q2 2026, up 497.0% on a YoY basis from 9.71% in Q2 2025, and up 7.2% quarter-over-quarter from 54.05% in Q1 2026.
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Warby Parker (WRBY) Gross Margin (2020 - 2026) Analysis & Trends
Warby Parker (WRBY) has reported Gross Margin for 7 consecutive years, with 57.94% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 497.0% year-over-year to 57.94%; the trailing twelve-month figure through Jun 2026 stood at 54.68% (up 19.0% YoY), and the FY2025 full-year result was 53.97%, down 137.0% from the prior year.
- Gross Margin improved to 57.94% in Q2 2026 per WRBY's latest filing, from 54.05% 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.
- Historically, Gross Margin has averaged 55.29% across 5 years, with a median of 54.83% in 2023.
- The sharpest annual moves came in 2023 and 2026: Gross Margin slumped 339 bps in 2023, then surged 497 bps in 2026.
- Over 5 years, 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 advanced by 11 bps to 57.94% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 57.94%, 54.05%, and 52.39% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lululemon Athletica | 10.91 Bn | 9.52 Bn | 1.46 Bn | 60.52% |
| 2 | Gildan Activewear | 7.87 Bn | 7.60 Bn | 459.76 Mn | 29.05% |
| 3 | Levi Strauss | 7.73 Bn | 6.76 Bn | 979.10 Mn | 62.68% |
| 4 | V F | 4.91 Bn | 4.24 Bn | 917.04 Mn | 54.93% |
| 5 | Kontoor Brands | 3.65 Bn | 3.60 Bn | 328.26 Mn | 56.18% |
| 6 | Pvh | 3.15 Bn | 2.19 Bn | 1.32 Bn | 63.03% |
| 7 | Warby Parker | 3.00 Bn | 2.70 Bn | 136.46 Mn | 57.94% |
| 8 | Columbia Sportswear | 2.88 Bn | 2.25 Bn | 358.43 Mn | 58.34% |
| 9 | Figs | 2.12 Bn | 1.82 Bn | 147.86 Mn | 75.20% |
| 10 | Under Armour | 2.04 Bn | 1.64 Bn | 593.83 Mn | 54.09% |
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% |