Warby Parker Inc. (WRBY) Stock Price & Analysis

Warby Parker Inc. (WRBY) closed at USD 25.67 on Thursday, October 22, 2026, up 0.16% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 25.63; the Oct 22, 2026 session ranged USD 25.02–26.62 on volume of 2,517,236 shares. Market capitalization is $3.17B, with a 52-week range of USD 14.96–31 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:22 UTC.

Also available as compact Markdown for AI agents: nexqual.com/WRBY.md

Key facts (WRBY)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (WRBY)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$541M$598M$670M$771M$872M$912M
Gross profit$318M$341M$365M$427M$471M—
Operating income-$144M-$111M-$72.0M-$30.1M-$5.3M$1.6M
Net income-$144M-$110M-$63.2M-$20.4M$1.6M$7.7M
EPS (diluted)-$2.21-$0.96-$0.54-$0.17$0.01—
Free cash flow-$80.5M-$49.8M$7.3M$34.7M$43.7M$21.7M
Gross margin58.8%57.0%54.5%55.3%54.0%—
Operating margin-26.6%-18.6%-10.7%-3.9%-0.6%0.2%
Net margin-26.7%-18.5%-9.4%-2.6%0.2%0.8%
Revenue growth+37.4%+10.6%+12.0%+15.2%+13.0%—
Cash + short-term investments$256M$209M$217M$254M$286M—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (WRBY)

P/E 409.8x · P/E ex non-operating (est.) ≈2616.2x · P/S 3.5x · P/FCF 145.9x · P/B 8.1x · FCF yield 0.69% · Earnings yield 0.24%

P/E at fiscal year-ends: Dec 2025 1661.1x.

Superinvestors (SEC 13F-HR, Q2 2026) (WRBY)

3 of 80 tracked investors hold WRBY. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChange
Henry EllenbogenDurable Capital Partners1.89%$194MUnchanged
Thomas RussoGardner Russo & Quinn0.03%$2.4MUnchanged
First Eagle InvestmentFirst Eagle Investment Management0.01%$8.7MAdded +113.2%

Insider sales (SEC Form 4, open-market, last ~7 months) (WRBY)

11 of 13 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-10-01Raider Jeffrey JacobDirector15,000$416K3.4%Yes (adopted March 17, 2026)Too little history (no open-market trades in 2023 or 2024)
2026-10-01Blumenthal Neil HarrisCo-Chief Executive Officer100,000$2.8M18.7%Yes (adopted March 17, 2026)Routine (sold in Mar & Sep & Dec each year 2023–2025; this trade is outside those months)
2026-07-06Blumenthal Neil HarrisCo-Chief Executive Officer9,200$276K2.1%Yes (adopted March 17, 2026)Routine (sold in Mar & Sep & Dec each year 2023–2025; this trade is outside those months)
2026-07-06Gilboa David AbrahamCo-Chief Executive Officer54,347$1.6M63.6%Yes (adopted March 17, 2026)Routine (sold in Mar & Sep & Dec each year 2023–2025; this trade is outside those months)
2026-07-01Blumenthal Neil HarrisCo-Chief Executive Officer217,667$6.4M33.6%Yes (adopted March 17, 2026)Routine (sold in Mar & Sep & Dec each year 2023–2025; this trade is outside those months)
2026-07-01Gilboa David AbrahamCo-Chief Executive Officer242,221$7.2M88.6%Yes (adopted March 17, 2026)Routine (sold in Mar & Sep & Dec each year 2023–2025; this trade is outside those months)
2026-07-01Raider Jeffrey JacobDirector22,500$669K0.9%Yes (adopted March 17, 2026)Too little history (no open-market trades in 2023 or 2024)
2026-06-29Blumenthal Neil HarrisCo-Chief Executive Officer36,300$1.1M37.9%Yes (adopted September 16, 2025)Routine (sold in Mar & Sep & Dec each year 2023–2025; this trade is outside those months)
2026-06-16Briggs TeresaDirector5,000$130K7.2%Yes (adopted March 17, 2026)Opportunistic (traded every year 2023–2025, no repeating month)
2026-06-12Moon Youngme EDirector10,000$265K27.7%NoToo little history (no open-market trades in 2023 or 2024)
2026-05-19Blumenthal Neil HarrisCo-Chief Executive Officer63,040$1.9M12.3%Yes (adopted September 16, 2025)Routine (sold in Mar & Sep & Dec each year 2023–2025; this trade is outside those months)
2026-05-13…2026-05-14Singer Bradley EDirector25,000$715K17.7%NoToo little history (no open-market trades in 2023 or 2025)
2026-04-16…2026-04-20Blumenthal Neil HarrisCo-Chief Executive Officer100,000$2.5M18.2%Yes (adopted September 16, 2025)Routine (sold in Mar & Sep & Dec each year 2023–2025; this trade is outside those months)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (WRBY)

Consensus Buy (mean 2.08 on a 1–5 scale), 13 analysts; mean target USD 31 (low 25, high 35).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-08-07UBSTarget raisedNeutral$27 → $28
2026-08-07CitizensTarget loweredMarket Outperform$30 → $29
2026-06-29B of A SecuritiesInitiatedBuy$33

Total return (dividends reinvested) (WRBY)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return+15.8%-54.9%
S&P 500 (SPY)+14.9%+80.3%
Per year+15.9%-14.7%
Volatility (annualized)75.8%63.7%
Max drawdown-32.9% (Dec 2025→Apr 2026)-83.4% (Nov 2021→Mar 2023)

WRBY revenue by product line (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Eyewear$191.8M81.4%+8.4%
Contacts$26.6M11.3%+7.9%
Eye care$17.2M7.3%+32.2%
Total revenue$235.5M100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

WRBY suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
SupplierStripe“We rely on third parties, including Stripe, Inc., Affirm, Inc., and PayPal Holdings, Inc. for elements of our payment processing infrastructure to accept payments from customers and Coupa Software Incorporated, in connection with our banking partners, to remit payments to suppliers.”
SupplierAffirm Holdings, Inc. (AFRM)“We rely on third parties, including Stripe, Inc., Affirm, Inc., and PayPal Holdings, Inc. for elements of our payment processing infrastructure to accept payments from customers and Coupa Software Incorporated, in connection with our banking partners, to remit payments to suppliers.”
SupplierPayPal (PYPL)“We rely on third parties, including Stripe, Inc., Affirm, Inc., and PayPal Holdings, Inc. for elements of our payment processing infrastructure to accept payments from customers and Coupa Software Incorporated, in connection with our banking partners, to remit payments to suppliers.”
SupplierCoupa Software“We rely on third parties, including Stripe, Inc., Affirm, Inc., and PayPal Holdings, Inc. for elements of our payment processing infrastructure to accept payments from customers and Coupa Software Incorporated, in connection with our banking partners, to remit payments to suppliers.”
SupplierApple (AAPL)“Furthermore, because many of our customers access our products through our mobile applications, we depend on the Apple App Store and Google Play to distribute our mobile applications.”
CustomerAmazon (AMZN)“AWS provides the cloud computing infrastructure we use to host our website and mobile applications, serve our customers and support our operations and many of the internal tools we use to operate our business.”
CustomerMeta Platforms (META)“Additionally, changes in regulations could limit the ability of search engines and social media platforms, including, but not limited to, Google and Meta, to collect data from users and engage in targeted advertising, making them less effective in disseminating our advertisements to our target customers.”
PartnerAlphabet (Google) (GOOGL)“Forward-looking statements contained in this Annual Report on Form 10-K include, but are not limited to, statements about our future results of operations and financial position, industry and business trends, general macroeconomic and market trends, business strategy, plans, market growth, potential growth opportunities for the business, including the partnership with Google and Samsung and the development and tim…”
PartnerSamsung Electronics“Forward-looking statements contained in this Annual Report on Form 10-K include, but are not limited to, statements about our future results of operations and financial position, industry and business trends, general macroeconomic and market trends, business strategy, plans, market growth, potential growth opportunities for the business, including the partnership with Google and Samsung and the development and tim…”

Quoted from the company's 10-K filed Feb 26, 2026.

WRBY company outlook (results filed Aug 6, 2026)

Quoted word-for-word from the SEC 8-K results press release.

WRBY analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$0.09$0.15-35.7%$245.1M9
Next quarter (ends Dec 2026)$0.10$0.10+6.3%$247.0M9
Current fiscal year (ends Dec 2026)$0.42$0.47-10.9%$970.0M9
Next fiscal year (ends Dec 2027)$0.61$0.66-7.2%$1.13B9

Key Statistics (as of October 23, 2026 at 09:22 UTC)

PriceUSD 25.67
Change▲ 0.16% (up)
Previous CloseUSD 25.63
OpenUSD 25.49
Day RangeUSD 25.02 – 26.62
52-Week RangeUSD 14.96 – 31
Volume2,517,236 shares
Market Cap$3.17B
ExchangeNYQ

Technical Analysis (WRBY)

Nexqual's technical model rates WRBY "NEUTRAL" based on 3 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 09:22 UTC.

Overall SignalNEUTRAL
RSI (14)51.84 (neutral)
vs SMA50Above (USD 25.32)
MACD-0.03 (negative)

Analyst Ratings (WRBY)

Wall Street analysts rate WRBY "Buy" based on 13 analysts, with a mean price target of USD 31 (range USD 25–35), per Nexqual as of October 23, 2026 at 09:22 UTC.

Consensus RatingBuy
Analyst Count13
Mean TargetUSD 31
High TargetUSD 35
Low TargetUSD 25
Buy / Hold / Sell10 / 3 / 0

Earnings (WRBY)

Next Earnings Date2026-11-05
EPS EstimateUSD 0.09
Revenue Estimate$245.07M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 0.15 vs est 0.11 ▲ beat
2026-03-31USD 0.11 vs est 0.11 ▲ beat
2025-12-31USD 0.02 vs est 0.05 ▼ miss
2025-09-30USD 0.12 vs est 0.09 ▲ beat

Source: Nexqual, October 23, 2026 at 09:22 UTC.

Financials & Fundamentals (WRBY)

Total Revenue$911.61M
Revenue Growth (latest quarter, YoY)+9.80%
Gross Margin+53.12%
Operating Margin-3.60%
Profit Margin+0.85%
ROE+2.06%
Debt / Equity0.64
Current Ratio2.27
Total Cash$292.67M
Total Debt$250.98M
Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K)$21.75M (2.4% of revenue)

Source: Nexqual, October 23, 2026 at 09:22 UTC.

Financial Health Score (WRBY)

Nexqual rates Warby Parker Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:22 UTC.

GrowthSolid — Revenue +13% YoY (annual)
ProfitabilityMixed — Gross margin 53%, operating -4% (last 12 months)
Balance SheetStrong — $293M cash vs $251M debt, net cash position
Cash FlowMixed — FCF $22M (last 4 quarters to Jun 2026, SEC), slim 2.4% margin
EfficiencyWeak — ROE 2%, ROA -1.0%

Ownership (WRBY)

Insider Ownership+5.61%
Institutional Ownership+115.74%
Shares Outstanding108.24M
Float94.62M
Short % of Float+20.93%

Source: Nexqual, October 23, 2026 at 09:22 UTC.

Leadership (WRBY)

Warby Parker Inc. is led by Neil Harris Blumenthal, Co-Founder, President, Co-CEO & Co-Chair, per Nexqual as of October 23, 2026 at 09:22 UTC.

Co-Founder, President, Co-CEO & Co-ChairNeil Harris Blumenthal
Co-Founder & Independent DirectorAndrew M. Hunt
Co-Founder & Independent DirectorJeff Raider
CFO & Principal Accounting OfficerAdrian V. Mitchell
Senior VP & CTOJeffrey Saunders

Major Backers & Investors (WRBY)

Notable institutional backers of Warby Parker Inc. include FMR, LLC, JPMorgan, Durable Capital Partners Lp, according to Nexqual as of October 23, 2026 at 09:22 UTC.

Active Investors

InvestorStake
FMR, LLC14.39%
JPMorgan10.27%
Durable Capital Partners Lp5.91%
Fidelity5.6%
Vaughan Nelson Investment Management, L.P.2.87%
Fuller & Thaler Asset Management Inc.2.21%

Index Funds (Passive)

FundStake
BlackRock14.14%
Vanguard Group9.68%
State Street3.87%
Geode Capital2.38%

Source: Nexqual, October 23, 2026 at 09:22 UTC.

From Warby Parker Inc.'s Latest SEC 10-K Filing (filed 2026-02-26)

Key Strengths & Strategy (as disclosed to the SEC)

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

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MMEDMiniMed Group, Inc.USD 18.29▲ 2.75%
STVNStevanato Group S.p.A.USD 19.5▲ 3.61%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:22 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt