Warby Parker reported a gross margin of 57.94% and a net margin of 1.97% for the quarter ended Jun 2026. These financial ratios cover 24 quarters of results from Sep 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||
| Gross Margin | 57.99% | 57.38% | 58.51% | 57.71% | 56.74% | 55.05% | 55.12% | 54.57% | 54.60% | 53.79% | 56.73% | 55.99% | 54.49% | 54.09% | 56.30% | 52.97% | 54.11% | 52.39% | 54.05% | 57.94% | ||||
| EBT Margin | -67.06% | -34.46% | -21.93% | -21.47% | -16.03% | -13.88% | -6.14% | -9.60% | -10.07% | -11.83% | -1.29% | -3.39% | -1.96% | -3.56% | 2.20% | -1.18% | 2.59% | -2.40% | 1.65% | 2.23% | ||||
| EBIT Margin | -66.96% | -34.54% | -22.02% | -21.44% | -15.91% | -14.82% | -7.23% | -10.98% | -11.64% | -13.33% | -2.56% | -4.76% | -3.44% | -4.94% | 1.10% | -2.11% | 1.61% | -3.23% | 0.69% | 1.34% | ||||
| EBITDA Margin | -66.96% | -34.54% | -22.02% | -21.44% | -15.91% | -14.82% | -7.23% | -10.98% | -11.64% | -13.33% | -2.56% | -4.76% | -3.44% | -4.94% | 1.10% | -2.11% | 1.61% | -3.23% | 0.69% | 1.34% | ||||
| Operating Margin | -66.96% | -34.54% | -22.02% | -21.44% | -15.91% | -14.82% | -7.23% | -10.98% | -11.64% | -13.33% | -2.56% | -4.76% | -3.44% | -4.94% | 1.10% | -2.11% | 1.61% | -3.23% | 0.69% | 1.34% | ||||
| Net Margin | -66.30% | -34.54% | -22.28% | -21.50% | -16.03% | -13.82% | -6.29% | -9.59% | -10.25% | -11.77% | -1.34% | -3.59% | -2.12% | -3.62% | 1.55% | -0.82% | 2.65% | -2.81% | 1.31% | 1.97% | ||||
| FCF Margin | -5.71% | -34.88% | -17.20% | -13.46% | -8.70% | 6.57% | -2.18% | 3.93% | 2.62% | 0.06% | 2.74% | 7.42% | 6.79% | 1.15% | 5.90% | 11.15% | -0.68% | 3.84% | 3.45% | 2.87% | ||||
| Efficiency | ||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 54.27M | 60.67M | 67.52M | 70.68M | 69.71M | 66.63M | 62.12M | 61.73M | 62.93M | 59.34M | 54.90M | 53.06M | 52.56M | 50.48M | 45.94M | 44.43M | 45.05M | 45.48M | 44.28M | |||||
| Assets AverageAssets Avg. | 450.10M | 492.66M | 544.11M | 546.85M | 559.43M | 563.29M | 559.79M | 568.29M | 577.60M | 586.60M | 605.55M | 628.10M | 657.24M | 679.62M | 692.33M | 704.41M | 713.92M | 728.66M | 754.36M | |||||
| Asset Utilization RatioAsset Util. | 1.20 | 1.13 | 1.05 | 1.07 | 1.07 | 1.10 | 1.13 | 1.15 | 1.16 | 1.19 | 1.19 | 1.18 | 1.17 | 1.17 | 1.19 | 1.21 | 1.22 | 1.22 | 1.21 | |||||
| Valuation | ||||||||||||||||||||||||
| Price to EarningsP/E | -64.89 | -116.19 | -112.89 | -40.11 | -64.26 | -76.83 | -113.23 | -85.55 | -88.62 | -87.24 | -601.90 | -284.08 | -481.53 | -423.42 | 636.78 | -0.00M | 573.00 | -447.76 | 813.06 | 805.58 | ||||
| Price to SalesP/S | 43.02 | 40.13 | 25.15 | 8.62 | 10.30 | 10.62 | 7.12 | 8.20 | 9.09 | 10.27 | 8.06 | 10.21 | 10.19 | 15.33 | 9.88 | 12.46 | 15.18 | 12.58 | 10.65 | 15.89 | ||||
| Price to BookP/B | 20.27 | 18.65 | 13.72 | 4.57 | 5.17 | 5.43 | 4.13 | 4.51 | 5.07 | 5.51 | 5.10 | 5.83 | 5.82 | 8.59 | 6.24 | 7.39 | 9.11 | 7.25 | 6.87 | 9.54 | ||||
| Enterprise Value | 5,643.13M | 5,077.08M | 3,622.97M | 1,078.47M | 1,334.33M | 1,347.34M | 1,019.95M | 1,149.72M | 1,327.16M | 1,444.78M | 1,392.12M | 1,682.99M | 1,709.78M | 2,668.25M | 1,945.84M | 2,385.37M | 3,085.45M | 2,379.15M | 2,294.83M | 3,448.43M | ||||
| EV to EBIT | -61.35 | -110.62 | -107.38 | -33.62 | -56.37 | -62.06 | -82.06 | -63.07 | -67.14 | -66.98 | -271.53 | -187.92 | -258.55 | -283.37 | 787.47 | -527.15 | 864.27 | -347.22 | 0.00M | 0.00M | ||||
| EV to EBITDA | -61.35 | -110.62 | -107.38 | -33.62 | -56.37 | -62.06 | -82.06 | -63.07 | -67.14 | -66.98 | -271.53 | -187.92 | -258.55 | -283.37 | 787.47 | -527.15 | 864.27 | -347.22 | 0.00M | 0.00M | ||||
| Market Capitalization | 5,909.36M | 5,333.50M | 3,853.29M | 1,290.07M | 1,532.22M | 1,555.92M | 1,224.21M | 1,362.38M | 1,543.13M | 1,661.67M | 1,612.50M | 1,920.95M | 1,960.81M | 2,922.41M | 2,210.92M | 2,671.75M | 3,365.81M | 2,665.51M | 2,583.08M | 3,741.10M | ||||
| Price to FCFP/FCF | -753.46 | -115.06 | -146.20 | -64.06 | -118.39 | 161.67 | -327.16 | 208.73 | 347.32 | 0.02M | 293.72 | 137.49 | 150.15 | 0.00M | 167.42 | 111.73 | -0.00M | 327.70 | 308.50 | 553.83 | ||||
| EV to FCF | -719.51 | -109.53 | -137.46 | -53.56 | -103.10 | 140.00 | -272.57 | 176.15 | 298.71 | 0.02M | 253.57 | 120.45 | 130.93 | 0.00M | 147.35 | 99.75 | -0.00M | 292.49 | 274.08 | 510.50 | ||||
| EV to CFO | 0.00M | -159.36 | -351.88 | -249.18 | 0.00M | 56.52 | 118.01 | 61.31 | 66.59 | 105.73 | 69.86 | 53.22 | 62.67 | 134.00 | 66.28 | 59.34 | 171.66 | 102.31 | 93.62 | 116.43 | ||||
| Return Ratios | ||||||||||||||||||||||||
| Return on Sales [ROS]ROS | -66.96% | -34.54% | -22.02% | -21.44% | -15.91% | -14.82% | -7.23% | -10.98% | -11.64% | -13.33% | -2.56% | -4.76% | -3.44% | -4.94% | 1.10% | -2.11% | 1.61% | -3.23% | 0.69% | 1.34% | ||||
| Return on Capital Employed [ROCE]ROCE | -43.27% | -49.58% | -48.01% | -31.10% | -25.87% | -19.88% | -16.92% | -16.16% | -15.98% | -13.82% | -11.44% | -8.49% | -5.72% | -4.04% | -3.25% | -1.38% | -0.95% | -1.07% | 0.26% | |||||
| Return on Assets [ROA]ROA | -32.06% | -36.83% | -37.37% | -24.88% | -19.73% | -15.46% | -12.65% | -11.33% | -10.94% | -9.39% | -7.58% | -5.18% | -3.11% | -2.10% | -1.34% | 0.10% | 0.23% | 0.18% | 1.03% |