Warby Parker (WRBY) Gross Margin (2020 - 2026)

Warby Parker (WRBY) reported Gross Margin of 54.05% for Q1 2026, down 225.0% on a YoY basis from 43.24% in Q1 2025, and up 3.17% quarter-over-quarter from 52.39% in Q4 2025.

Warby Parker (WRBY) Gross Margin (2020 - 2026) Analysis & Trends

Warby Parker has reported Gross Margin for 7 years, with the latest figure at 54.05% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 225.0% year-over-year to 54.05%; the trailing twelve-month figure through Mar 2026 stood at 53.41% (down 185.0% YoY), and the FY2025 full-year result was 53.97%, down 137.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 54.05%, up from 52.39% in the prior quarter.
  • The five-year high for Gross Margin was 58.51% in Q1 2022, with the low at 52.39% in Q4 2025.
  • Historically, Gross Margin has averaged 55.13% across 5 years, with a median of 54.6% in 2023.
  • Annual changes were most pronounced in 2023 — Gross Margin sank 339 bps — and 2024, when it jumped 161 bps.
  • Warby Parker's Gross Margin 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn 66.06%
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn 45.69%
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn 25.04%
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 62.25%
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 35.08%
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 54.66%
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn 68.00%
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 70.82%
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn 32.99%
10 Warby Parker 3.11 Bn 2.82 Bn 131.04 Mn 54.05%

Historic Data

Download Data
DateValue
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%