Financials in USD. Standardized financial statements.
A compact view of how Warby Parker Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue? | $871.90M | $771.32M | $669.76M | $598.11M | $540.80M | $393.72M | $370.46M |
| Revenue Growth? | +13.0% | +15.2% | +12.0% | +10.6% | +37.4% | +6.3% | 0.0% |
| Cost of Revenue? | $401.33M | $344.48M | $304.54M | $257.05M | $223.05M | $161.78M | $147.35M |
| Gross Profit? | $470.58M | $426.83M | $365.22M | $341.06M | $317.75M | $231.94M | $223.11M |
| Gross Margin? | +54.0% | +55.3% | +54.5% | +57.0% | +58.8% | +58.9% | +60.2% |
| Operating Expenses? | $475.92M | $456.95M | $437.22M | $452.26M | $461.41M | $287.57M | $224.77M |
| Operating Income? | -$5.34M | -$30.11M | -$72.00M | -$111.20M | -$143.66M | -$55.63M | -$1.66M |
| EBITDA? | $53.32M | $15.75M | -$33.44M | -$78.03M | -$121.70M | -$37.26M | $12.85M |
| Income Before Tax | $3.04M | -$19.52M | -$62.76M | -$109.90M | -$144.01M | -$55.73M | $276,000 |
| Income Tax Expense | $1.40M | $875,000 | $433,000 | $497,000 | $263,000 | $190,000 | $276,000 |
| Net Income? | $1.64M | -$20.39M | -$63.20M | -$110.39M | -$144.27M | -$55.92M | $0 |
| EPS? | $0.01 | $-0.17 | $-0.54 | $-0.96 | $-1.39 | $-0.50 | $-0.52 |
| Diluted EPS? | $0.01 | $-0.17 | $-0.54 | $-0.96 | $-1.39 | $-0.50 | $-0.52 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality