WRBY
Warby Parker Inc.26.65
-0.19-0.71%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Reaffirms outlook, youth softness industry-wide
Q&A largely reaffirmed prepared remarks, emphasizing no AI glasses revenue or halo in 2026 guidance amid analyst probes. Management attributed younger cohort softness to industry-wide unit declines, not share loss, detailing counters like TikTok campaigns and out-of-network reimbursement rollout. Target shop-in-shops are gaining share with older demos. Tariffs unchanged despite ruling; nimble supply chain cited. No AI timing or capacity specifics shared. Core trends healthy excluding weather and home try-on lapping. Watch insurance ramps and store execution.
Key Stats
Market Cap
3.26BP/E (TTM)
-Basic EPS (TTM)
0.00Dividend Yield
0%Recent Filings
8-K
Q4 results, buyback authorized
Warby Parker posted full-year 2025 revenue up 13.0% to $871.9M, first profitable year with $1.6M net income, and Adjusted EBITDA of $95.2M (10.9% margin). Board authorized $100M Class A share repurchase, open-ended. Guides 2026 revenue to $959-976M, 10-12% growth. Repurchases flexible amid growth investments.
10-K
FY2025 10-K filing
Warby Parker filed its 10-K for FY2025 ended December 31, 2025, but financial statements and MD&A with topline, profitability, or quarterly results are not included in the provided filing. The document covers standard cover page details, filer status as a large accelerated filer, and incorporates proxy statement portions. An exhibit reveals a January 2026 offer letter to Adrian Mitchell as incoming CFO with $530,000 base, 65% target bonus in RSUs, $2.7M prorated equity (50/50 RSUs/PSUs), and $1M sign-on RSUs. No revenue, EPS, margins, cash flows, or Q4 metrics disclosed here. Supply chain disruptions noted in Risk Factors could hinder quarterly momentum.
8-K
CFO appointment announced
Warby Parker appointed Adrian Mitchell as CFO effective February 10, 2026, succeeding interim chief Dave Gilboa, who stays on as co-CEO. Mitchell, ex-Macy's COO/CFO with 25+ years scaling retail, gets $530,000 base, $2.7M annual equity target, $1M sign-on award. New hire bolsters finance amid retail expansion. Leadership stabilized.
8-K
AI glasses launch 2026
10-Q
Q3 FY2025 results
Warby Parker swung to Q3 operating profit of $3.6M from a $6.6M loss y/y, riding 15.2% revenue growth to $221.7M fueled by retail strength while e-commerce held steady. Gross margin slipped to 54.1% from 54.5% on tariff hits and contact lens mix, yet SG&A leverage dropped it to 52.5% of sales from 57.9%. Cash climbed to $280M; revolver shows $120M available, no draws. Google AI glasses partnership advances, no financial hit yet. Tariffs threaten margins further.
IPO
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