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

Warby Parker (WRBY) posted Operating Margin of 0.69% for Q1 2026, up 121.27% on a QoQ basis from 3.23% in Q4 2025, and down 42.0% year-over-year from 1.19% in Q1 2025.

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

Warby Parker's Operating Margin history runs 7 years deep, the most recent figure standing at 0.69% for Q1 2026.

  • Quarterly Operating Margin fell 42.0% year-over-year to 0.69% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.69% (up 214.0% YoY) and the FY2025 annual result came in at 0.61%, up 329.0% from the prior year.
  • Operating Margin was 0.69% for Q1 2026 at Warby Parker, up from 3.23% in the prior quarter.
  • Across five years, Operating Margin topped out at 1.61% in Q3 2025 and bottomed at 22.02% in Q1 2022.
  • A 5-year average of 7.94% and a median of 4.94% in 2024 frame the typical range for Operating Margin.
  • Peak annual rise in Operating Margin reached 5104 bps in 2022, while the deepest fall reached 2419 bps in 2022.
  • Warby Parker's Operating Margin stood at 14.82% in 2022, then rose by 10 bps to 13.33% in 2023, then surged by 63 bps to 4.94% in 2024, then jumped by 35 bps to 3.23% in 2025, then soared by 121 bps to 0.69% in 2026.
  • Business Quant data shows WRBY's Operating Margin at 0.69% in Q1 2026, 3.23% in Q4 2025, and 1.61% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn 98.77%
2 Intuitive Surgical 117.50 Bn 112.41 Bn 1.96 Bn 33.60%
3 Becton Dickinson 42.93 Bn 42.11 Bn 2.15 Bn 1.97%
4 Medline 30.82 Bn 36.66 Bn 1.84 Bn 5.74%
5 Resmed 27.90 Bn 26.23 Bn 890.98 Mn 34.92%
6 West Pharmaceutical Services 26.76 Bn 26.23 Bn 329.20 Mn 20.53%
7 Cooper Companies 15.30 Bn 15.16 Bn 735.40 Mn -2.87%
8 Solventum 13.46 Bn 12.90 Bn 1.10 Bn 4.04%
9 Align Technology 12.02 Bn 10.96 Bn 736.59 Mn 13.65%
10 Warby Parker 3.00 Bn 2.71 Bn 131.04 Mn 0.69%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.69%
Dec 31, 2025 -3.23%
Sep 30, 2025 1.61%
Jun 30, 2025 -2.11%
Mar 31, 2025 1.10%
Dec 31, 2024 -4.94%
Sep 30, 2024 -3.44%
Jun 30, 2024 -4.76%
Mar 31, 2024 -2.56%
Dec 31, 2023 -13.33%
Sep 30, 2023 -11.64%
Jun 30, 2023 -10.98%
Mar 31, 2023 -7.23%
Dec 31, 2022 -14.82%
Sep 30, 2022 -15.91%
Jun 30, 2022 -21.44%
Mar 31, 2022 -22.02%
Dec 31, 2021 -34.54%
Sep 30, 2021 -66.96%
Jun 30, 2021 -6.70%