Financial Snapshot

Revenue
$742.5M
TTM
Gross Margin
55.25%
TTM
Net Earnings
-$32.56M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
246.86%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$336.8M
Q3 2024
Cash
Q3 2024
P/E
-87.55
Nov 29, 2024 EST
Free Cash Flow
$32.61M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $669.8M $598.1M $540.8M $393.7M $370.5M
YoY Change 11.98% 10.6% 37.36% 6.28% 35.74%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $669.8M $598.1M $540.8M $393.7M $370.5M
Cost Of Revenue $304.5M $257.1M $223.0M $161.8M $147.4M
Gross Profit $365.2M $341.1M $317.7M $231.9M $223.1M
Gross Profit Margin 54.53% 57.02% 58.76% 58.91% 60.22%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $437.2M $452.3M $461.4M $287.6M $224.8M
YoY Change -3.33% -1.98% 60.45% 27.94% 19.36%
% of Gross Profit 119.71% 132.6% 145.21% 123.99% 100.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $38.55M $31.86M $21.87M $18.38M $14.52M
YoY Change 21.0% 45.71% 19.0% 26.6%
% of Gross Profit 10.56% 9.34% 6.88% 7.92% 6.51%
Operating Expenses $437.2M $452.3M $461.4M $287.6M $224.8M
YoY Change -3.33% -1.98% 60.45% 27.94% 19.36%
Operating Profit -$72.00M -$111.2M -$143.7M -$55.63M -$1.663M
YoY Change -35.26% -22.59% 158.23% 3245.28% -93.07%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $9.232M $1.307M -$347.0K -$97.00K $1.939M
YoY Change 606.35% -476.66% 257.73% -105.0% 41.22%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$62.76M -$109.9M -$144.0M -$55.73M $276.0K
YoY Change -42.89% -23.69% 158.41% -20291.67% -101.22%
Income Tax $400.0K $500.0K $263.0K $200.0K $300.0K
% Of Pretax Income 108.7%
Net Earnings -$63.20M -$110.4M -$144.3M -$55.92M $0.00
YoY Change -42.75% -23.48% 158.0% -100.0%
Net Earnings / Revenue -9.44% -18.46% -26.68% -14.2% 0.0%
Basic Earnings Per Share -$0.54 -$0.96 -$2.21 -$1.05 -$1.10
Diluted Earnings Per Share -$0.54 -$0.96 -$2.21 -$1.05 -$1.10

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $216.9M $208.6M $256.4M $314.1M $55.42M
YoY Change 3.98% -18.65% -18.36% 466.69%
Cash & Equivalents $216.9M $208.6M $256.4M $314.1M $55.42M
Short-Term Investments
Other Short-Term Assets $17.71M $15.70M $13.48M $6.779M $6.705M
YoY Change 12.82% 16.49% 98.81% 1.1%
Inventory $62.23M $68.85M $57.10M $38.47M $28.44M
Prepaid Expenses
Receivables $1.779M $1.435M $992.0K $601.0K $1.118M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $298.6M $294.6M $328.0M $359.9M $91.68M
YoY Change 1.38% -10.19% -8.88% 292.58%
Property, Plant & Equipment $274.6M $265.6M $112.2M $84.53M $83.89M
YoY Change 3.39% 136.77% 32.72% 0.77%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.056M $8.497M $471.0K $284.0K $282.0K
YoY Change -16.96% 1704.03% 65.85% 0.71%
Total Long-Term Assets $281.7M $274.1M $112.7M $84.82M $84.17M
YoY Change 2.76% 143.32% 32.83% 0.77%
Total Assets $580.3M $568.7M $440.6M $444.8M $175.9M
YoY Change
Accounts Payable $22.46M $20.79M $30.89M $40.79M $37.31M
YoY Change 8.01% -32.69% -24.27% 9.33%
Accrued Expenses $70.61M $80.77M $60.84M $34.27M $16.35M
YoY Change -12.58% 32.75% 77.53% 109.55%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $127.1M $129.6M $118.1M $105.3M $75.87M
YoY Change -1.9% 9.7% 12.13% 38.84%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $151.4M $152.5M $36.54M $31.01M $26.59M
YoY Change -0.7% 317.32% 17.85% 16.6%
Total Long-Term Liabilities $151.4M $152.5M $36.54M $31.01M $26.59M
YoY Change -0.7% 317.32% 17.85% 16.6%
Total Liabilities $278.5M $282.1M $154.6M $136.3M $102.5M
YoY Change -1.25% 82.39% 13.43% 33.06%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 117.4M shares 114.9M shares 71.25M shares 53.03M shares 52.42M shares
Diluted Shares Outstanding 117.4M shares 114.9M shares 71.25M shares 53.03M shares 52.42M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $2.8508 Billion

About Warby Parker Inc.

Warby Parker, Inc. operates as an online retailer of eyewear for men and women. The company is headquartered in New York City, New York and currently employs 2,140 full-time employees. The company went IPO on 2021-09-29. The company offers holistic vision care by selling eyewear products and providing optical services directly to consumers through its retail stores and e-commerce platform. The company sells a range of prescription and non-prescription eyewear, including glasses, sunglasses, and contact lenses. Its customers can customize their prescription lenses with a variety of options, including single-vision, progressive, light-responsive, blue-light-filtering, and non-prescription lenses. The company also offers in-house technologies like Virtual Vision Test and Virtual Try-On to enhance the overall customer experience. The company sells its own brand of contacts, Scout by Warby Parker, and third-party contact lenses; this allows it to provide customers a vision care offering. Its Website and mobile app make it easy for its customers to browse, virtually try on, and purchase glasses.

Industry: Ophthalmic Goods Peers: WINMARK CORP HIBBETT INC Leslie's, Inc. MARINEMAX INC National Vision Holdings, Inc. ODP Corp Sally Beauty Holdings, Inc. Petco Health & Wellness Company, Inc. TRACTOR SUPPLY CO /DE/