YOLFTbeta
Warby Parker Inc

Warby Parker Inc

WRBY · NYSE · Healthcare / Medical Instruments & Supplies

27.44USD+0.71 (+2.66%)

Price History

Full chart

Market Stats

Previous Close26.73
Open26.42
Day Range26.21 – 27.65
52-Week Range16.26 – 31.75
Volume2.48M
Market Cap3.34B
P/E (TTM)448.40
Forward P/E52.08
EPS0.06
Dividend Yield0.00%
Beta1.95
50-Day Avg25.29
200-Day Avg25.13

About

Warby Parker Inc. sells eyewear products through its retail and e-commerce platform in the United States and Canada. The company offers eyeglasses and sunglasses; and single-vision, progressive, light-responsive, polarized, blue-light-filtering, tinted, non-prescription, and contact lenses. It also provides accessories, such as cases, pouches, lenses kit with anti-fog spray, travel cases, lenses cloth, anti-fog lens spray, and sun clip-ons through its stores, website, and mobile apps. In addition, the company offers eye exams and vision tests, as well as optical services. Warby Parker Inc. was incorporated in 2009 and is headquartered in New York, New York.

Company Details

  • SectorHealthcare
  • IndustryMedical Instruments & Supplies
  • CEOMr. Neil Harris Blumenthal
  • Employees2.27K
  • Headquarters233 Spring Street, New York, NY, United States, 10013, USA
  • Websitehttps://www.warbyparker.com

Leadership

  • Mr. Neil Harris BlumenthalCo-Founder, President, Co-CEO & Co-Chair · b. 1981
  • Mr. David Abraham GilboaCo-Founder, Co-CEO & Co-Chair · b. 1982
  • Mr. Andrew M. HuntCo-Founder & Independent Director
  • Mr. Jeff RaiderCo-Founder & Independent Director
  • Mr. Adrian V. MitchellCFO & Principal Accounting Officer · b. 1974
  • Mr. Jeffrey SaundersSenior VP & CTO
  • Jaclyn BerkleyHead of Investor Relations
  • Mr. Chris UtechtSenior VP, General Counsel & Secretary
  • Ms. Chelsea KadenSenior VP & Chief People Officer
  • Ms. Sandy GilsenanSVP and Chief Retail & Customer Experience Officer

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue370.46M393.72M540.80M598.11M669.76M771.32M871.90M
Growth (%)-+6.28%+37.36%+10.60%+11.98%+15.16%+13.04%
Cost of Revenue147.35M161.78M223.05M257.05M304.54M344.48M401.33M
Gross Profit223.11M231.94M317.75M341.06M365.22M426.83M470.58M
Gross Margin60.22%58.91%58.76%57.02%54.53%55.34%53.97%
Operating Expense224.77M287.57M461.41M452.26M437.22M456.95M475.92M
Operating Income-1.66M-55.63M-143.66M-111.20M-72.00M-30.11M-5.34M
Operating Margin-0.45%-14.13%-26.56%-18.59%-10.75%-3.90%-0.61%
EBITDA12.85M-37.26M-122.14M-78.03M-24.21M26.35M53.32M
EBITDA Margin3.47%-9.46%-22.59%-13.05%-3.61%3.42%6.12%
Net Income-57.54M-55.92M-144.27M-110.39M-63.20M-20.39M1.64M
Net Income Margin-15.53%-14.20%-26.68%-18.46%-9.44%-2.64%0.19%
Interest Expense1.94M97.00K347.00K1.31M---
Interest Expense % of Total Revenue0.52%0.02%0.06%0.22%---

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets175.86M444.75M440.65M568.71M580.31M676.49M720.92M
Total Liabilities102.46M136.34M154.65M282.06M278.52M336.42M353.19M
Total Equity73.40M308.41M286.00M286.65M301.79M340.07M367.73M
Cash55.42M314.08M256.42M208.59M216.89M254.16M286.36M
Total Debt---173.38M174.46M225.35M233.15M
Net Debt-55.42M-314.08M-256.42M-35.21M-42.44M-28.81M-53.21M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow21.39M32.76M-31.99M10.37M60.99M98.74M110.78M
Investing Cash Flow-32.63M-20.07M-48.51M-60.18M-54.67M-66.03M-67.05M
Financing Cash Flow-83.36M245.94M23.00M3.29M2.87M4.96M-12.00M
Capital Expenditure32.63M20.07M48.51M60.18M53.67M64.03M67.05M
Free Cash Flow-11.24M12.69M-80.51M-49.81M7.32M34.71M43.74M
Dividends Paid887.00K-51.65M----
FCF to OCF-52.53%38.73%251.63%-480.34%12.00%35.15%39.48%
Dividend Paid to FCF-7.89%--64.15%----

Earnings

Report DateMar 31, 2020Jun 30, 2020Mar 31, 2021Jun 30, 2021Sep 29, 2021Nov 12, 2021Mar 17, 2022May 16, 2022Aug 11, 2022Nov 10, 2022Feb 28, 2023May 9, 2023Aug 9, 2023Nov 8, 2023Feb 28, 2024May 9, 2024Aug 8, 2024Nov 7, 2024Feb 27, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 26, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate0.000.000.000.00-0.05-0.22-0.09-0.04-0.020.01-0.000.040.020.010.010.070.050.050.030.110.020.090.010.110.050.03
EPS Actual-0.10-0.10-0.19-0.19-0.110.02-0.08-0.04-0.010.01-0.170.060.040.01-0.010.110.080.06-0.060.140.020.12-0.040.110.050.05
Surprise-----120.00%109.09%11.11%0.00%50.00%0.00%-43650.00%50.00%100.00%0.00%-200.00%57.14%60.00%20.00%-300.00%27.27%0.00%33.33%-500.00%0.00%0.00%66.67%
Timing----Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap3.34B
Enterprise Value3.30B
Trailing P/E448.40
Forward P/E52.08
Price / Sales3.58
Price / Book9.29
EPS0.06
Book Value3.25
Revenue (TTM)934.66M
Gross Profit (TTM)499.91M
EBITDA47.27M
Profit Margin0.80%
Operating Margin-0.87%
Return on Equity1.93%
Return on Assets-0.68%
Shares Outstanding108.80M
Shares Float95.18M
Beta1.95
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 13 analystsTarget 32.25
  • Strong Buy
    8
  • Buy
    2
  • Hold
    3

Ownership Breakdown

Institutions
116.69%
Insiders
5.59%
Retail / Other
0.00%

Top Institutional Holders

  • FMR Inc
    15.58M12.56%
  • BlackRock Inc
    15.31M12.35%
  • JPMorgan Chase & Co
    11.11M8.96%
  • Durable Capital Partners LP
    6.40M5.16%
  • Vanguard Portfolio Management, LLC
    5.98M4.83%
  • Vanguard Capital Management, LLC
    4.49M3.62%
  • State Street Corp
    4.18M3.37%
  • Vaughan Nelson Scarbrgh & Mccullough LP
    3.11M2.51%
  • Geode Capital Management, LLC
    2.57M2.07%
  • Fuller & Thaler Asset Management Inc
    2.40M1.93%
  • Bank of America Corp
    1.92M1.55%
  • Delaware Management Holdings Inc
    1.79M1.45%
  • Dimensional Fund Advisors, Inc.
    1.79M1.44%
  • J. Goldman & Co LP
    1.73M1.39%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    6.18M4.99%
  • Fidelity Blue Chip Growth
    4.61M3.71%
  • Vanguard MStar Total Stk Mkt Idx Invest
    3.24M2.62%
  • JPM US Technology A dist USD
    2.75M2.22%
  • iShares Russell 2000 ETF
    2.63M2.12%
  • Vanguard Small Cap Index
    2.32M1.87%