Warby Parker Inc. (WRBY)

Warby Parker Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	795.09	771.32	669.77	598.11	540.8	393.72
Revenue Growth (YoY)	13.94%	15.16%	11.98%	10.60%	37.36%	6.28%
Cost of Revenue	355.74	344.48	304.54	257.05	223.05	161.78
Gross Profit	439.36	426.83	365.22	341.06	317.75	231.94
Selling, General & Admin	445.08	440.05	421.57	437.9	426.74	282.73
Operating Expenses	460.44	455.43	433.99	449.08	432.79	287.57
Operating Income	-21.09	-28.6	-68.77	-108.02	-115.04	-55.63
Interest Expense	-	-	-	-	-0.35	-0.1
Interest & Investment Income	10.5	10.6	9.23	1.31	-	-
Other Non Operating Income (Expenses)	-	-	-	-	-28.3	-
EBT Excluding Unusual Items	-10.59	-18	-59.53	-106.71	-143.69	-55.73
Merger & Restructuring Charges	-0.7	-0.7	-	-1.54	-	-
Asset Writedown	-0.73	-0.82	-3.23	-1.65	-0.32	-
Pretax Income	-12.02	-19.52	-62.76	-109.9	-144.01	-55.73
Income Tax Expense	2.22	0.88	0.43	0.5	0.26	0.19
Net Income	-14.24	-20.39	-63.2	-110.39	-144.27	-55.92
Preferred Dividends & Other Adjustments	-	-	-	-	13.14	-
Net Income to Common	-14.24	-20.39	-63.2	-110.39	-157.41	-55.92
Shares Outstanding (Basic)	121	120	117	115	71	53
Shares Outstanding (Diluted)	121	120	117	115	71	53
Shares Change (YoY)	2.50%	2.55%	2.13%	61.32%	34.35%	1.16%
EPS (Basic)	-0.12	-0.17	-0.54	-0.96	-2.21	-1.05
EPS (Diluted)	-0.12	-0.17	-0.54	-0.96	-2.21	-1.05
Free Cash Flow	42.43	34.71	7.32	-49.81	-80.51	12.69
Free Cash Flow Per Share	0.35	0.29	0.06	-0.43	-1.13	0.24
Gross Margin	55.26%	55.34%	54.53%	57.02%	58.76%	58.91%
Operating Margin	-2.65%	-3.71%	-10.27%	-18.06%	-21.27%	-14.13%
Profit Margin	-1.79%	-2.64%	-9.44%	-18.46%	-29.11%	-14.20%
Free Cash Flow Margin	5.34%	4.50%	1.09%	-8.33%	-14.89%	3.22%
EBITDA	26.36	17.27	-30.21	-76.16	-93.49	-37.87
EBITDA Margin	3.31%	2.24%	-4.51%	-12.73%	-17.29%	-9.62%
D&A For EBITDA	47.44	45.87	38.55	31.86	21.55	17.76
EBIT	-21.09	-28.6	-68.77	-108.02	-115.04	-55.63
EBIT Margin	-2.65%	-3.71%	-10.27%	-18.06%	-21.27%	-14.13%
Advertising Expenses	-	95.8	76.1	76.9	87	58.5

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q