U.S. COMPANY FILING
Warby Parker Inc. — Form 10-K filed 2026-02-26
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Warby Parker reported FY2025 net revenue of $871.9M, up 13.0% YoY, with net income of $1.6M versus a net loss of $20.4M in 2024. Adjusted EBITDA reached $95.2M with a 10.9% margin. The company operated 323 retail stores, 285 offering eye exams. Risks include supplier concentration, multi-class stock structure, and tax law changes.
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