NYSE$WRBY

Warby Parker Inc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Warby Parker reported Q3 2025, revenue of $221.7M, net income of $3.5M, diluted EPS of $0.05.

For Q3 2025, Warby Parker reported revenue of $221.7M, net income of $3.5M, diluted EPS was $0.05. Management discusses operating trends, capital allocation, and outlook in the quarterly filing.

  • Revenue $221.7M.
  • Net income $3.5M.
  • Diluted EPS $0.05.

Headline financials

Total Revenue

$222M

Previous: $192M+15.2%
EPS (adj)

$0.05

Previous: -$0.03+266.7%
Gross margin

54.1%

Previous: 54.5%-0.7%
Adjusted EBITDA

$25.7M

Previous: $17.3M+48.7%
Adjusted EBITDA margin

11.6%

Previous: 9.0%+28.9%
Capital Expenditures

-$51.9M

Previous: -$46.3M-12.1%
Net Income

$5.87M

Previous: -$4.07M+244.3%
Operating Income

$3.57M

Previous: -$6.61M+154.0%
Gross Profit

$120M

Previous: $105M+14.4%

Revenue & EPS history

Warby Parker · Revenue · Quarterly

$222M

Q3 2025+15.2%vs Q3 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

Warby Parker discusses outlook and risks in the quarterly filing.

Tailwinds

  • Warby Parker cites execution on growth and balance-sheet priorities.
  • MD&A outlines segment trends and capital allocation.

Headwinds

  • Macro, pricing, and competition may pressure margins.
  • One-time items affect quarter comparisons.

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 Q3 2025

Historical avgQ3 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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