Warby Parker (WRBY) Net Margin (2020 - 2026)
Warby Parker (WRBY) reported Net Margin of 1.31% for Q1 2026, down 24.0% on a YoY basis from 1.72% in Q1 2025, and up 146.66% quarter-over-quarter from 2.81% in Q4 2025.
Warby Parker (WRBY) Net Margin (2020 - 2026) Analysis & Trends
Warby Parker has reported Net Margin for 7 years, with the latest figure at 1.31% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 24.0% year-over-year to 1.31%; the trailing twelve-month figure through Mar 2026 stood at 0.15% (up 194.0% YoY), and the FY2025 full-year result was 0.19%, up 283.0% from the prior year.
- Net Margin for Q1 2026 stood at 1.31%, up from 2.81% in the prior quarter.
- The five-year high for Net Margin was 2.65% in Q3 2025, with the low at 22.28% in Q1 2022.
- Historically, Net Margin has averaged 7.08% across 5 years, with a median of 3.61% in 2024.
- The largest YoY upside for Net Margin was 5027 bps in 2022 against a maximum downside of 2112 bps in 2022.
- Warby Parker's Net Margin stood at 13.82% in 2022, then increased by 15 bps to 11.77% in 2023, then surged by 69 bps to 3.61% in 2024, then grew 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 | 148.09 Bn | 143.69 Bn | 1.83 Bn | 29.81% |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | -5.81% |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 3.25% |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 27.86% |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 16.03% |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 0.65% |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | -7.20% |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 10.84% |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 0.07% |
| 10 | Warby Parker | 3.11 Bn | 2.82 Bn | 131.04 Mn | 1.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -3.61% |
| 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% |