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

Warby Parker has reported Operating Margin for 7 years, with the latest figure at 0.69% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin fell 42.0% year-over-year to 0.69%; the trailing twelve-month figure through Mar 2026 stood at 0.69% (up 214.0% YoY), and the FY2025 full-year result was 0.61%, up 329.0% from the prior year.
• Operating Margin for Q1 2026 stood at 0.69%, up from 3.23% in the prior quarter.
• The five-year high for Operating Margin was 1.61% in Q3 2025, with the low at 22.02% in Q1 2022.
• Historically, Operating Margin has averaged 7.94% across 5 years, with a median of 4.94% in 2024.
• The largest YoY upside for Operating Margin was 5104 bps in 2022 against a maximum downside of 2419 bps in 2022.
• Warby Parker's Operating Margin stood at 14.82% in 2022, then grew by 10 bps to 13.33% in 2023, then soared by 63 bps to 4.94% in 2024, then surged by 35 bps to 3.23% in 2025, then jumped by 121 bps to 0.69% in 2026.
• The last three Operating Margin figures came in at 0.69% (Q1 2026), 3.23% (Q4 2025), and 1.61% (Q3 2025), per Business Quant data.