Warby Parker Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	871.91	771.32	669.77	598.11	540.8
Revenue Growth (YoY)	13.04%	15.16%	11.98%	10.60%	37.36%
Cost of Revenue	401.33	344.48	304.54	257.05	223.05
Gross Profit	470.58	426.83	365.22	341.06	317.75
Selling, General & Admin	475.92	456.95	437.22	452.27	461.41
Total Operating Expenses	475.92	456.95	437.22	452.27	461.41
Operating Income	-5.34	-30.11	-72	-111.2	-143.66
Total Non-Operating Income (Expense)	8.38	10.6	9.23	1.31	-0.35
Pretax Income	3.04	-19.52	-62.76	-109.9	-144.01
Provision for Income Taxes	1.4	0.88	0.43	0.5	0.26
Net Income	1.64	-20.39	-63.2	-110.39	-301.68
Net Income Attributable to Preferred Dividends	-	-	-	-	13.14
Net Income to Common	1.64	-20.39	-63.2	-110.39	-301.68
Shares Outstanding (Basic)	123	120	117	115	71
Shares Outstanding (Diluted)	125	120	117	115	71
Shares Change (YoY)	3.92%	2.55%	2.13%	61.32%	34.35%
EPS (Basic)	0.01	-0.17	-0.54	-0.96	-2.21
EPS (Diluted)	0.01	-0.17	-0.54	-0.96	-2.21
Free Cash Flow	43.74	34.71	7.32	-49.81	-80.51
Free Cash Flow Growth	26.00%	374.21%	-	-	-
Free Cash Flow Per Share	0.35	0.29	0.06	-0.43	-1.13
Gross Margin	53.97%	55.34%	54.53%	57.02%	58.76%
Operating Margin	-0.61%	-3.90%	-10.75%	-18.59%	-26.56%
Profit Margin	0.19%	-2.64%	-9.44%	-18.46%	-26.68%
FCF Margin	5.02%	4.50%	1.09%	-8.33%	-14.89%
EBITDA	44.94	15.75	-33.44	-79.34	-122.11
EBITDA Margin	5.15%	2.04%	-4.99%	-13.26%	-22.58%
EBIT	-5.34	-30.11	-72	-111.2	-143.66
EBIT Margin	-0.61%	-3.90%	-10.75%	-18.59%	-26.56%
Effective Tax Rate	46.07%	-4.48%	-0.69%	-0.45%	-0.18%

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q