Growth Metrics

Warby Parker (WRBY) Operating Expenses (2020 - 2026)

Warby Parker posted quarterly Operating Expenses of $129.4 million for Q1 2026, up 4.75% year-on-year from $123.5 million in Q1 2025, and up 9.74% on a QoQ basis from $117.9 million in Q4 2025.

Warby Parker (WRBY) has 7 years of Operating Expenses data on file, last reported at $129.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 4.75% year-over-year to $129.4 million; the trailing twelve-month figure through Mar 2026 stood at $481.8 million (up 4.31% YoY), and the FY2025 full-year result was $475.9 million, up 4.15% from the prior year.
  • Operating Expenses for Q1 2026 stood at $129.4 million, up from $117.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $129.4 million in Q1 2026 and bottomed at $102.4 million in Q4 2022.
  • The 5-year median for Operating Expenses is $114.3 million (2024), against an average of $114.8 million.
  • Peak annual rise in Operating Expenses reached 52.78% in 2022, while the deepest fall reached 37.03% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $102.4 million in 2022, then gained by 6.13% to $108.6 million in 2023, then rose by 3.6% to $112.5 million in 2024, then climbed by 4.76% to $117.9 million in 2025, then advanced by 9.74% to $129.4 million in 2026.
  • The last three Operating Expenses figures came in at $129.4 million (Q1 2026), $117.9 million (Q4 2025), and $116.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Intuitive Surgical 156.17 Bn 151.78 Bn 1.83 Bn 975.20 Mn
2 Becton Dickinson 41.51 Bn 40.49 Bn 2.15 Bn 4.62 Bn
3 Resmed 30.43 Bn 28.77 Bn 890.98 Mn 391.17 Mn
4 West Pharmaceutical Services 22.78 Bn 22.26 Bn 296.40 Mn 115.30 Mn
5 Solventum 13.39 Bn 13.39 Bn 1.10 Bn 1.02 Bn
6 Cooper Companies 12.33 Bn 12.20 Bn 695.20 Mn 434.50 Mn
7 Align Technology 11.65 Bn 10.59 Bn 736.59 Mn 594.63 Mn
8 Baxter International 9.81 Bn 7.77 Bn 891.00 Mn 867.00 Mn
9 Aptargroup 7.39 Bn 7.19 Bn 351.91 Mn 875.37 Mn
10 Warby Parker 3.03 Bn 2.75 Bn 131.04 Mn 129.37 Mn

Historic Data

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DateValue
Mar 31, 2026 129.37 Mn
Dec 31, 2025 117.90 Mn
Sep 30, 2025 116.38 Mn
Jun 30, 2025 118.13 Mn
Mar 31, 2025 123.51 Mn
Dec 31, 2024 112.54 Mn
Sep 30, 2024 111.48 Mn
Jun 30, 2024 114.34 Mn
Mar 31, 2024 118.59 Mn
Dec 31, 2023 108.64 Mn
Sep 30, 2023 112.50 Mn
Jun 30, 2023 108.87 Mn
Mar 31, 2023 107.22 Mn
Dec 31, 2022 102.36 Mn
Sep 30, 2022 108.09 Mn
Jun 30, 2022 118.43 Mn
Mar 31, 2022 123.39 Mn
Dec 31, 2021 122.15 Mn
Sep 30, 2021 171.64 Mn
Jun 30, 2021 86.86 Mn
Mar 31, 2021 80.76 Mn
Dec 31, 2020 70.30 Mn
Sep 30, 2020 105.32 Mn