Warby Parker Inc.
Business
Warby Parker is a direct-to-consumer eyewear company that designs glasses and sunglasses in-house and sells through a vertically integrated omnichannel platform of digital commerce and 323 retail stores. The company offers comprehensive vision care including prescription eyewear, contact lenses, eye exams, and telehealth services like Virtual Vision Test. Warby Parker operates in the U.S. eyewear market, pursuing growth through retail expansion, technology innovation including AI-powered tools, and deepening penetration in vision insurance and premium lens categories.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net revenue | 872 | 771 | 670 | 598 | 541 | |
| Cost of goods sold | 401 | 344 | 305 | 257 | 223 | |
| Gross profit | 471 | 427 | 365 | 341 | 318 | |
| Selling, general, and administrative expenses | 476 | 457 | 437 | 452 | 461 | |
| Loss from operations | −5 | −30 | −72 | −111 | −144 | |
| Interest and other income, net | 8 | 11 | 9 | 1 | −347,000 | |
| Income (loss) before income taxes | 3 | −20 | −63 | −110 | −144 | |
| Provision for income taxes | 1 | 900,000 | 400,000 | 500,000 | 300,000 | |
| Net income (loss) | 2 | −20 | −63 | −110 | −144 | |
| Net Income (Loss) Available to Common Stockholders, Basic, Total | 2 | −20 | −63 | −110 | −157 | |
| Net Income (Loss) Available to Common Stockholders, Diluted, Total | 2 | −20 | −63 | −110 | −157 | |
| Net loss per share attributable to common stockholders, basic (in dollars per share) | 0.01 | −0.17 | −0.54 | −0.96 | −2.21 | |
| Net loss per share attributable to common stockholders, diluted (in dollars per share) | 0.01 | −0.17 | −0.54 | −0.96 | −2.21 | |
| Weighted average shares used in computing net loss per share attributable to common stockholders, basic (in shares) | 123 | 120 | 117 | 115 | 71 | |
| Weighted average shares used in computing net loss per share attributable to common stockholders, Diluted (in shares) | 125 | 120 | 117 | 115 | 71 | |
| Foreign currency translation adjustment | 457,000 | −409,000 | −882,000 | −663,000 | −93,000 | |
| Total comprehensive income (loss) | 2 | −21 | −64 | −111 | −144 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 286 | 254 | 217 | 209 | 256 | |
| Accounts receivable, net | 3 | 2 | 2 | 1 | 992,000 | |
| Inventory | 45 | 52 | 62 | 69 | 57 | |
| Prepaid expenses and other current assets | 18 | 18 | 18 | 16 | 13 | |
| Total current assets | 352 | 326 | 299 | 295 | 328 | |
| Property and equipment, net | 187 | 170 | 152 | 139 | 112 | |
| Right-of-use lease assets | 171 | 171 | 122 | 127 | 109 | |
| Other assets | 10 | 9 | 7 | 8 | 471,000 | |
| Total assets | 721 | 676 | 580 | 569 | 441 | |
| Accounts payable | 32 | 24 | 22 | 21 | 31 | |
| Accrued expenses | 49 | 52 | 46 | 58 | 61 | |
| Deferred revenue | 34 | 32 | 32 | 26 | 22 | |
| Current lease liabilities | 31 | 20 | 24 | 23 | 0 | |
| Other current liabilities | 4 | 3 | 2 | 2 | 4 | |
| Total current liabilities | 150 | 130 | 127 | 130 | 118 | |
| Non-current lease liabilities | 202 | 205 | 150 | 151 | 0 | |
| Other liabilities | 1 | 943,000 | 1 | 2 | 2 | |
| Total liabilities | 353 | 336 | 279 | 282 | 155 | |
| Commitments and contingencies (see Note 11) | — | — | — | — | — | |
| Additional paid-in capital | 1,055 | 1,029 | 970 | 891 | 779 | |
| Accumulated deficit | −686 | −687 | −667 | −604 | −493 | |
| Accumulated other comprehensive income | −1 | −2 | −2 | −647,000 | 16,000 | |
| Total stockholders equity | 368 | 340 | 302 | 287 | 286 | |
| Total liabilities and stockholders equity | 721 | 676 | 580 | 569 | 441 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 50 | 46 | 39 | 32 | 22 | |
| Stock-based compensation | 35 | 47 | 71 | 98 | 107 | |
| Non-cash charitable contribution | 3 | 2 | 3 | 4 | 8 | |
| Asset impairment charges | 600,000 | 800,000 | 3 | 2 | 300,000 | |
| Amortization of cloud-based software implementation costs | 3 | 4 | 3 | 247,000 | 0 | |
| Accounts receivable, net | −1 | −169,000 | −345,000 | −451,000 | −392,000 | |
| Inventory | 8 | 10 | 7 | −12 | −19 | |
| Prepaid expenses and other assets | −6 | −3 | −3 | −11 | −7 | |
| Accounts payable | 9 | 689,000 | 2 | −8 | −11 | |
| Accrued expenses | −3 | 10 | −9 | 3 | 9 | |
| Deferred revenue | 2 | 741,000 | 6 | 4 | −4 | |
| Lease assets and liabilities | 8 | 2 | 4 | 7 | 0 | |
| Other liabilities | 1 | −99,000 | −367,000 | 2 | — | |
| Net cash provided by operating activities | 111 | 99 | 61 | 10 | −32 | |
| Purchases of property and equipment | −67 | −64 | −54 | −60 | −49 | |
| Investment in optical equipment company | 0 | −2 | −1 | 0 | 0 | |
| Net cash used in investing activities | −67 | −66 | −55 | −60 | −49 | |
| Proceeds from stock option exercises | 159,000 | 3 | 1 | 456,000 | 20 | |
| Shares withheld for taxes on stock-based compensation | −14 | 0 | 0 | 0 | −3 | |
| Other financing activity | 30,000 | 333,000 | 0 | 91,000 | 32 | |
| Proceeds from shares issued in connection with ESPP | 2 | 2 | 2 | 3 | 0 | |
| Net cash (used in) provided by financing activities | −12 | 5 | 3 | 3 | 23 | |
| Effect of exchange rates on cash | 457,000 | −404,000 | −882,000 | −1 | −161,000 | |
| Net increase in cash and cash equivalents | 32 | 37 | 8 | −48 | −58 | |
| Cash paid for income taxes | 776,000 | 1 | 419,000 | 536,000 | 356,000 | |
| Cash paid for interest | 325,000 | 246,000 | 227,000 | 184,000 | 150,000 | |
| Purchases of property and equipment included in accounts payable and accrued expenses | 5 | 4 | 4 | 4 | 4 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Warby Parker Inc.'s CIK number?
Warby Parker Inc.'s SEC CIK number is 0001504776 (1504776). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Warby Parker Inc.'s SEC filings?
All of Warby Parker Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Warby Parker Inc. last report earnings?
Warby Parker Inc. (WRBY) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001504776-26-000009). This is Warby Parker Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Warby Parker Inc.'s most recent earnings 8-K?
Warby Parker Inc.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001504776-26-000009. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Warby Parker Inc.'s latest earnings 8-K →
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