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

Warby Parker (WRBY) posted Net Margin of 1.31% for Q1 2026, up 146.67% on a QoQ basis from 2.81% in Q4 2025, and down 24.0% year-over-year from 1.72% in Q1 2025.

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

Warby Parker's Net Margin history runs 7 years deep, the most recent figure standing at 1.31% for 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 was 1.31% for Q1 2026 at Warby Parker, up from 2.81% 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.
  • A 5-year average of 7.08% and a median of 3.62% in 2024 frame the typical range for Net Margin.
  • Peak annual rise in Net Margin reached 5027 bps in 2022, while the deepest fall reached 2112 bps in 2022.
  • Warby Parker's 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 grew by 22 bps to 2.81% in 2025, then surged by 147 bps to 1.31% in 2026.
  • Business Quant data shows WRBY's Net Margin at 1.31% in Q1 2026, 2.81% in Q4 2025, and 2.65% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn 824.28%
2 Intuitive Surgical 117.50 Bn 112.41 Bn 1.96 Bn 28.46%
3 Becton Dickinson 42.93 Bn 42.11 Bn 2.15 Bn -5.81%
4 Medline 30.82 Bn 36.66 Bn 1.84 Bn 3.25%
5 Resmed 27.90 Bn 26.23 Bn 890.98 Mn 27.86%
6 West Pharmaceutical Services 26.76 Bn 26.23 Bn 329.20 Mn 16.96%
7 Cooper Companies 15.30 Bn 15.16 Bn 735.40 Mn -7.20%
8 Solventum 13.46 Bn 12.90 Bn 1.10 Bn 0.65%
9 Align Technology 12.02 Bn 10.96 Bn 736.59 Mn 10.84%
10 Warby Parker 3.00 Bn 2.71 Bn 131.04 Mn 1.31%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 -14.31%