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
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%