Warby Parker (WRBY) Net Margin (2020 - 2026)
Warby Parker's (WRBY) quarterly Net Margin came in at 1.31% in Q1 2026, down 24.0% YoY from 1.72% in Q1 2025, and up 146.67% on a QoQ basis from 2.81% in Q4 2025.
Warby Parker (WRBY) Net Margin (2020 - 2026) Analysis & Trends
Warby Parker (WRBY) has 7 years of Net Margin data on file, last reported at 1.31% in Q1 2026.
- Quarterly Net Margin fell 24.0% year-over-year to 1.31% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.15% (up 195.0% YoY) and the FY2025 annual result came in at 0.19%, up 283.0% from the prior year.
- Net Margin improved to 1.31% in Q1 2026, from 2.81% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 2.65% in Q3 2025 to a low of 22.28% in Q1 2022.
- A 5-year average of 7.08% and a median of 3.62% in 2024 frame the typical range for Net Margin.
- The widest YoY moves for Net Margin: up 5027 bps in 2022, down 2112 bps in 2022.
- Tracing WRBY's Net Margin over 5 years: stood at 13.82% in 2022, then increased by 15 bps to 11.77% in 2023, then surged by 69 bps to 3.62% in 2024, then advanced by 22 bps to 2.81% in 2025, then soared by 147 bps to 1.31% in 2026.
- The last three Net Margin figures came in at 1.31% (Q1 2026), 2.81% (Q4 2025), and 2.65% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn | 28.46% |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | 7.59% |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | - |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | 26.20% |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | 1.81% |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | 16.96% |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | 4.21% |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | -7.20% |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | 4.26% |
| 10 | Warby Parker | 3.38 Bn | 3.09 Bn | 136.46 Mn | 1.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.97% |
| Mar 31, 2026 | 1.31% |
| Dec 31, 2025 | -2.81% |
| Sep 30, 2025 | 2.65% |
| Jun 30, 2025 | -0.82% |
| Mar 31, 2025 | 1.55% |
| Dec 31, 2024 | -3.62% |
| Sep 30, 2024 | -2.12% |
| Jun 30, 2024 | -3.59% |
| Mar 31, 2024 | -1.34% |
| Dec 31, 2023 | -11.77% |
| Sep 30, 2023 | -10.25% |
| Jun 30, 2023 | -9.59% |
| Mar 31, 2023 | -6.29% |
| Dec 31, 2022 | -13.82% |
| Sep 30, 2022 | -16.03% |
| Jun 30, 2022 | -21.50% |
| Mar 31, 2022 | -22.28% |
| Dec 31, 2021 | -34.54% |
| Sep 30, 2021 | -66.30% |