Warby Parker (WRBY) Net Margin (2020 - 2026)
Warby Parker's (WRBY) quarterly Net Margin came in at 1.97% in Q2 2026, up 279.0% on a YoY basis from 0.52% in Q2 2025, and up 50.48% quarter-over-quarter from 1.31% in Q1 2026.
Powered by 
Analysis
Warby Parker (WRBY) Net Margin (2020 - 2026) Analysis & Trends
Warby Parker (WRBY) has reported Net Margin for 7 consecutive years, with 1.97% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 279.0% year-over-year to 1.97%; the trailing twelve-month figure through Jun 2026 stood at 0.85% (up 198.0% YoY), and the FY2025 full-year result was 0.19%, up 283.0% from the prior year.
- Net Margin rose to 1.97% in Q2 2026 per WRBY's latest filing, from 1.31% in the prior quarter.
- Across five years, Net Margin topped out at 2.65% in Q3 2025 and bottomed at 22.28% in Q1 2022.
- Historically, Net Margin has averaged 6.57% across 5 years, with a median of 3.61% in 2024.
- The widest YoY moves for Net Margin: up 5027 bps in 2022, down 2112 bps in 2022.
- Over 5 years, Net Margin stood at 13.82% in 2022, then gained by 15 bps to 11.77% in 2023, then jumped by 69 bps to 3.62% in 2024, then climbed by 22 bps to 2.81% in 2025, then jumped by 170 bps to 1.97% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 1.97%, 1.31%, and 2.81% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lululemon Athletica | 10.72 Bn | 9.33 Bn | 1.46 Bn | 13.63% |
| 2 | Gildan Activewear | 8.17 Bn | 7.91 Bn | 459.76 Mn | 5.71% |
| 3 | Levi Strauss | 8.13 Bn | 7.15 Bn | 979.10 Mn | 5.59% |
| 4 | V F | 5.28 Bn | 4.61 Bn | 917.04 Mn | -5.82% |
| 5 | Kontoor Brands | 4.02 Bn | 3.96 Bn | 328.26 Mn | 10.65% |
| 6 | Pvh | 3.43 Bn | 2.46 Bn | 1.32 Bn | -4.91% |
| 7 | Warby Parker | 3.00 Bn | 2.71 Bn | 136.46 Mn | 1.97% |
| 8 | Columbia Sportswear | 2.95 Bn | 2.33 Bn | 358.43 Mn | 4.32% |
| 9 | Figs | 2.27 Bn | 1.97 Bn | 147.86 Mn | 14.43% |
| 10 | Under Armour | 2.19 Bn | 1.80 Bn | 593.83 Mn | 0.07% |
Historic Data
Download Data
Historic 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% |