WRBY Warby Parker Inc.

FY2025 10-K
Filed: Feb 26, 2026
Health Care
Ophthalmic GoodsSEC EDGAR

Warby Parker Inc. (WRBY) filed its fiscal year 2025 10-K annual report with the SEC on Feb 26, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core direct-to-consumer eyewear brand integrating design, technology, healthcare, and social enterprise with 323 retail stores and digital commerce
  • New AI-powered intelligent eyewear partnerships with Google and Samsung announced in 2025, expanding market beyond traditional glasses
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Management Discussion & Analysis

  • Revenue $871.9M in 2025, up 13% YoY from $771.3M in 2024
  • Gross margin slightly declined to 54.0% in 2025 from 55.3% in 2024
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Risk Factors

  • Regulatory/legal risk: Costs impacted by evolving international trade policies and tariffs, with proactive supplier diversification outside China to manage volatility
  • Geopolitical/macroeconomic risk: Trade environment and inflation pressures in 2025 increased cost of goods sold 16.5% to $401.3M, reducing gross margin 130 bps to 54.0%
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Financial Summary
XBRL

Revenue

$872M

Net Income

$2M

Gross Margin

54.0%

Operating Margin

-0.6%

Net Margin

0.2%

ROE

0.4%

Total Assets

$721M

EPS (Diluted)

$0.01

Operating Cash Flow

$111M

Source: XBRL data from Warby Parker Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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