Warby Parker (WRBY) Operating Margin (2020 - 2026)
Warby Parker's (WRBY) quarterly Operating Margin came in at 1.34% in Q2 2026, up 345.0% on a YoY basis from 0.3% in Q2 2025, and up 95.58% quarter-over-quarter from 0.69% in Q1 2026.
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Warby Parker (WRBY) Operating Margin (2020 - 2026) Analysis & Trends
Warby Parker (WRBY) has reported Operating Margin for 7 consecutive years, with 1.34% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 345.0% year-over-year to 1.34%; the trailing twelve-month figure through Jun 2026 stood at 0.17% (up 237.0% YoY), and the FY2025 full-year result was 0.61%, up 329.0% from the prior year.
- Operating Margin improved to 1.34% in Q2 2026 per WRBY's latest filing, from 0.69% 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.
- Historically, Operating Margin has averaged 7.43% across 5 years, with a median of 4.85% in 2024.
- The widest YoY moves for Operating Margin: up 5104 bps in 2022, down 2419 bps in 2022.
- Over 5 years, 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 surged by 142 bps to 1.34% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 1.34%, 0.69%, and 3.23% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lululemon Athletica | 10.94 Bn | 9.55 Bn | 1.46 Bn | 18.78% |
| 2 | Gildan Activewear | 7.84 Bn | 7.57 Bn | 459.76 Mn | 11.12% |
| 3 | Levi Strauss | 7.76 Bn | 6.78 Bn | 979.10 Mn | 7.82% |
| 4 | V F | 4.94 Bn | 4.27 Bn | 917.04 Mn | -4.98% |
| 5 | Kontoor Brands | 3.65 Bn | 3.59 Bn | 328.26 Mn | 15.49% |
| 6 | Pvh | 3.19 Bn | 2.22 Bn | 1.32 Bn | -9.10% |
| 7 | Warby Parker | 3.02 Bn | 2.72 Bn | 136.46 Mn | 1.34% |
| 8 | Columbia Sportswear | 2.89 Bn | 2.27 Bn | 358.43 Mn | 5.03% |
| 9 | Figs | 2.16 Bn | 1.86 Bn | 147.86 Mn | 17.93% |
| 10 | Under Armour | 2.07 Bn | 1.67 Bn | 593.83 Mn | 4.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.34% |
| 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% |