Warby Parker Inc.(WRBY)Stock Analysis
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Rank #1,410 of 2,879 stocksTOP 50%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
WRBY Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Warby Parker Inc. (WRBY), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores WRBY at 51.2/100 on a 32-signal composite quality model, placing it at rank #1,410 of 2,879 stocks — the top half of the AI-ranked universe. Areas of concern include institutional flow (8.1) and earnings quality (30.0), which score below median versus the broader universe. Shareholder dilution risk is elevated at 29.1/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Warby Parker Inc. reports quarterly revenue of $242.4M, net income of $3.2M, an operating margin of 0.7%. Top institutional holders of WRBY by reported 13-F value include FMR, BlackRock,, Durable Capital Partners, based on the most recent SEC filings. WRBY trades on the NYSE exchange and files with the SEC under CIK 1504776. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate WRBY daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Warby Parker Inc. directly from SEC EDGAR. Warby Parker Inc.'s 13F Pro composite quality score has ranged between 8 and 65 since 2022, currently 51.2 — an improving long-term trajectory across 52 quarterly and live scoring snapshots.
Revenue
Q1 2026
$242.4M
Net Income
Q1 2026
$3.2M
Free Cash Flow
Q1 2026
$8.4M
Operating Margin
Q1 2026
0.7%
ROIC
Q1 2026
0.4%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+13.0% YoYNet Income
+108.0% YoYOperating Income
+82.3% YoYEPS (Diluted)
+105.9% YoYTotal Assets
+6.6% YoYOp. Cash Flow
+12.2% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $871.9M +13.0% | $771.3M +15.2% | $669.8M +12.0% | $598.1M +10.6% | $540.8M +46.0% | $370.5M |
| Net Income | $1.6M +108.0% | $-20.4M +67.7% | $-63.2M +42.8% | $-110.4M +23.5% | $-144.3M | $0.00 |
| Operating Income | $-5.3M +82.3% | $-30.1M +58.2% | $-72.0M +35.3% | $-111.2M +22.6% | $-143.7M -8538.7% | $-1.7M |
| EPS (Diluted) | $0.01 +105.9% | $-0.17 +68.5% | $-0.54 +43.7% | $-0.96 +56.6% | $-2.21 -301.8% | $-0.55 |
| Total Assets | $720.9M +6.6% | $676.5M +16.6% | $580.3M +2.0% | $568.7M +29.1% | $440.6M | — |
| Operating Cash Flow | $110.8M +12.2% | $98.7M +61.9% | $61.0M +488.1% | $10.4M +132.4% | $-32.0M -249.5% | $21.4M |
AI Insight: WRBY Financial Trends
Warby Parker achieved profitability breakthrough in Q1 2025 but struggles with inconsistent quarterly performance despite 8% revenue growth.
• Revenue grew from $224M in Q1 2025 to $242M in Q1 2026, an 8% year-over-year increase.
• Company turned profitable in Q1 2025 with $3M net income after seven consecutive loss quarters.
• Equity steadily increased from $329M in Q2 2024 to $376M in Q1 2026.
⚠ Operating cash flow declined from $40M in Q2 2025 to $18M in Q3 2025.
⚠ Profitability remains volatile with losses in Q2 2025 and Q4 2025 despite Q1 and Q3 2025 profits.
AI Insight: WRBY Ratio Trends
Warby Parker shows volatile profitability with operating margins swinging from -4.9% in Q4 2024 to 1.6% in Q3 2025, but latest quarter improved to 0.7%.
• Operating margin turned positive in Q1 2025 at 1.1% and Q3 2025 at 1.6% after consistent losses through Q4 2024.
• Net profit margin improved to 1.3% in Q1 2026 from -2.8% in Q4 2025, showing recovery trajectory.
• ROIC volatility persists with swings from -11.1% in Q4 2024 to 3.9% in Q3 2025 to 1.8% most recently.
⚠ Quarterly profitability remains inconsistent with losses returning in Q2 2025 and Q4 2025 despite positive quarters.
⚠ TTM operating margin still negative at -0.7% despite recent quarterly improvements, indicating ongoing structural challenges.
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Available Research
13F Pro tracks comprehensive data for Warby Parker Inc. including:
Top Institutional Holders of WRBY
FMR LLC
$327.1M15,526,372 shBlackRock, Inc.
$152.9M7,259,063 shDurable Capital Partners LP
$134.8M6,396,513 shVANGUARD PORTFOLIO MANAGEMENT LLC
$112.3M5,331,553 shVANGUARD CAPITAL MANAGEMENT LLC
$92.8M4,403,508 shVAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.
$63.8M3,028,307 shSTATE STREET CORP
$51.1M2,423,644 shGEODE CAPITAL MANAGEMENT, LLC
$50.0M2,374,336 shFULLER & THALER ASSET MANAGEMENT, INC.
$48.7M2,312,937 shMORGAN STANLEY
$37.0M1,757,784 sh
| Fund | Value | Shares |
|---|---|---|
| FMR LLC | $327.1M | 15,526,372 |
| BlackRock, Inc. | $152.9M | 7,259,063 |
| Durable Capital Partners LP | $134.8M | 6,396,513 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $112.3M | 5,331,553 |
| VANGUARD CAPITAL MANAGEMENT LLC | $92.8M | 4,403,508 |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | $63.8M | 3,028,307 |
| STATE STREET CORP | $51.1M | 2,423,644 |
| GEODE CAPITAL MANAGEMENT, LLC | $50.0M | 2,374,336 |
| FULLER & THALER ASSET MANAGEMENT, INC. | $48.7M | 2,312,937 |
| MORGAN STANLEY | $37.0M | 1,757,784 |
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Popular Research
Is WRBY a good stock to buy?
13F Pro's AI-powered analysis of Warby Parker Inc. (WRBY) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for WRBY are available on the WRBY stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own WRBY?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling WRBY. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Warby Parker Inc.'s investment landscape.