SuperworthWarby Parker profit margin WRBY
Gross, operating and net profit as a share of revenue over the last twelve months, from 2021.
- Net margin, 12 months
- 0.8%
- Operating margin, 12 months
- 0.2%
- Net margin on a year earlier
- +2.0 pts
- Peer median
- 10.3%
Over the twelve months to Jun 30, 2026, Warby Parker kept 0.8% of its revenue as net profit, with an operating margin of 0.2% and a gross margin of 54.7%.
Five years earlier its net margin was −10.9%.
The median for 10 medical instruments and supplies stocks of a similar size is 10.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 0.2% | −0.6% | 54.0% |
| FY2024 | −2.6% | −3.9% | 55.3% |
| FY2023 | −9.4% | −10.7% | 54.5% |
| FY2022 | −18.5% | −18.6% | 57.0% |
| FY2021 | −26.7% | −26.6% | 58.8% |
| FY2020 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 0.8% | +2.0 pts | 0.2% | |
| Q1 FY26 | 0.2% | +1.9 pts | −0.7% | |
| Q4 FY25 | 0.2% | +2.8 pts | −0.6% | |
| Q3 FY25 | 0.1% | +4.5 pts | −0.9% | |
| Q2 FY25 | −1.1% | +5.3 pts | −2.2% | |
| Q1 FY25 | −1.8% | +6.1 pts | −2.8% | |
| Q4 FY24 | −2.6% | +6.8 pts | −3.9% | |
| Q3 FY24 | −4.4% | +5.5 pts | −5.7% | |
| Q2 FY24 | −6.4% | +4.8 pts | −7.7% | |
| Q1 FY24 | −7.9% | +6.2 pts | −9.3% | |
| Q4 FY23 | −9.4% | +9.0 pts | −10.7% | |
| Q3 FY23 | −9.8% | +13.4 pts | −11.0% |
Against its peers
Companies in Medical - Instruments & Supplies nearest Warby Parker's size, closest first, today.
| Company | Profit margin |
|---|---|
| WRBYWarby Parker | 0.8% |
| ATRCAtriCure | 1.9% |
| NVSTEnvista | 3.3% |
| ICUIICU Medical | 1.4% |
| BMIBadger Meter | 14.3% |
| UFPTUFP Technologies | 11.4% |
| VNTVontier | 11.3% |
| INSPInspire Medical Systems | 15.0% |
| LMATLemaitre Vascular | 25.0% |
| HAEHaemonetics | 7.1% |
| MMSIMerit Medical Systems | 9.2% |
| Peer median | 10.3% |
Where Warby Parker ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Warby Parker
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.