NYSE$WRBY

Warby Parker Inc · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Warby Parker reported Q1 2025, revenue of $223.8M, net income of $3.5M, diluted EPS of $0.03.

For Q1 2025, Warby Parker reported revenue of $223.8M, net income of $3.5M, diluted EPS was $0.03. Management discusses operating trends, capital, and sector risks in the quarterly filing.

  • Q1 2025 revenue $223.8M.
  • Net income $3.5M.
  • Diluted EPS $0.03.

Headline financials

Total Revenue

$224M

Previous: $200M+11.9%
EPS (adj)

$0.03

Previous: -$0.02+250.0%
Gross margin

56.3%

No prior period
Adjusted EBITDA margin

13.1%

Previous: 11.2%+17.0%
Capital Expenditures

-$16.2M

Previous: -$14.4M-11.9%
Net Income

$3.47M

Previous: -$2.68M+229.6%
Operating Income

$2.47M

Previous: -$5.13M+148.2%
Gross Profit

$126M

Previous: $113M+11.0%

Revenue & EPS history

Warby Parker · Revenue · Quarterly

$224M

Q1 2025+11.9%vs Q1 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

Consumer operators discuss comps, unit growth, and input costs rather than quarterly EPS targets in periodic filings.

Tailwinds

  • Brand strength and new store or showroom expansion.
  • Premium positioning supports pricing power.
  • Cost programs when volumes stabilize.

Headwinds

  • Commodity, freight, and wage inflation.
  • Promotional intensity in competitive categories.
  • Macro sensitivity for discretionary purchases.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+4.7%

Avg return

Earnings day

+7.9%

Avg return

5 days after

-1.7%

Avg return

30 days after

70%

16 / 23 earnings

Positive

+24.9%

Q3 2022

Best reaction

-29.0%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+23.1%+21.5%+3.1%
Q4 2025+17.2%+26.2%-6.6%
Q3 2025-11.1%-8.8%-1.5%
Q1 2025+3.0%+14.4%+33.5%
Q4 2024+2.3%-2.3%-21.4%
Q3 2024+2.8%+11.9%+25.4%
Q2 2024-6.4%-7.5%-6.8%
Q1 2024+18.9%+25.2%+33.7%
Q4 2023-15.5%-17.0%-9.5%
Q3 2023-29.0%-26.9%-25.3%
Q2 2023-6.3%-11.3%-17.2%
Q1 2023-4.3%-6.5%-0.7%
Q4 2022-6.2%-4.5%-20.5%
Q3 2022+24.9%+42.1%+24.7%
Q2 2022+21.4%+26.4%+12.6%
Q1 2022+0.2%-8.7%-19.5%
Q4 2019+10.1%+22.6%+1.7%
Q2 2021+10.1%+22.6%+1.7%
Q4 2021+15.8%+17.5%+5.1%
Q3 2020+9.5%+11.2%-12.9%
Q1 2021+9.5%+11.2%-12.9%
Q3 2021+9.5%+11.2%-12.9%
Q4 2020+9.5%+11.2%-12.9%
Q2 2020
Q1 2020

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