The Tip Desk

Warby Parker Inc.

Company Stats

Market Cap
$3.4B
as of Sep 30, 2026
Shares Outstanding
123.6M
Free Float
55.1%

Income Statement

Revenue
$871.9M
Operating Income
-$5.3M
Net Income
$1.6M
EBITDA
$44.9M
Non-cash Impairment
$557,000
Revenue Growth, 3Y
13.4%
FCF Margin, 3Y Avg
3.5%
FCF Margin, Worst Year
1.1%

Cash Flow

Free Cash Flow
$43.7M
FCF Yield
1.3%
Owner FCF Yield
0.3%

Balance Sheet

Cash & Equivalents
$286.4M

Returns & Capital

SBC, 3Y Avg
$50.8M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$871.9M$43.7M5.0%
FY2024$771.3M$34.7M4.5%
FY2023$669.8M$7.3M1.1%
FY2022$598.1M-$49.8M-8.3%
FY2021$540.8M-$80.5M-14.9%

Annual filing data through FY ended December 31, 2025; shares and float as of October 12, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage