Business
Warby Parker Announces Fourth Quarter and Full Year 2025 Results
NEW YORK, February 26, 2026--Warby Parker Inc. (NYSE: WRBY) ("Warby Parker" or the "Company"), a direct-to-consumer lifestyle brand focused on vision for all, today announced financial results for the fourth quarter and full year ended December 31, 2025.
About this update from Warby Parker Inc.
[{"type":"text","content":"NEW YORK, February 26, 2026--(BUSINESS WIRE)--Warby Parker Inc. (NYSE: WRBY) ("Warby Parker" or the "Company"), a direct-to-consumer lifestyle brand focused on vision for all, today announced financial results for the fourth quarter and full year ended December 31, 2025.","length":291,"tagName":"p"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Delivered revenue growth of 13.0% for full year 2025 and 11.2% for the fourth quarter.","length":86,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Drove Active Customer growth of 7.0%, and Average Revenue per Customer of $324, up 5.7% year over year.","length":103,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Achieved first full year of positive net income of $1.6 million, and expanded Adjusted EBITDA(1) by 30.2% year over year to $95.2 million and Adjusted EBITDA Margin(1) by 140 basis points to 10.9%.","length":197,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Delivered third consecutive year of positive operating cash flow and Free Cash Flow(1) in 2025 of $110.8 million and $43.7 million, respectively.","length":145,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Opened 47 net new stores during the year, ending 2025 with 323 stores.","length":70,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Authorized a $100 million share repurchase program to complement strategic growth investments in the business.","length":110,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":711,"olType":false},{"type":"text","content":""In 2025, we delivered double-digit revenue growth each quarter and achieved our first full year of positive net income while expanding Adjusted EBITDA," said Dave Gilboa, Co-Founder and Co-CEO. "In a dynamic environment, we leveraged our unmatched value proposition to capture additional market share while giving customers more convenient options to shop with us than ever before."","length":403,"tagName":"p"},{"type":"text","content":""As we look ahead, we are focused on laying the groundwork for accelerating growth. We are moving decisively into Warby Parker’s next act, one defined by groundbreaking innovation and AI that will redefine how our customer...