Company: WRBY
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001504776-25-000027
Chunk: 26

Company: Warby Parker Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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 certain expense captions into specified categories in disclosures within the footnotes to the financial statements. This ASU is effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. The Company is currently evaluating the impact of the new guidance on its condensed consolidated financial statements.

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Table of ContentsWarby Parker Inc. and SubsidiariesNotes to Condensed Consolidated Financial Statements (Unaudited)(Amounts in thousands, except per share data)

3. Property and Equipment, Net

Property and equipment, net consists of the following:June 30,2025December 31, 2024Leasehold improvements$203,690 $189,890 Computers and equipment55,817 46,186 Furniture and fixtures39,314 36,037 Capitalized software44,179 36,534 Construction in process13,897 20,460 356,897 329,107 Less: accumulated depreciation and amortization(179,741)(158,643)Property and equipment, net$177,156 $170,464 Depreciation and amortization expense consists of the following:Three Months Ended June 30,Six Months Ended June 30,2025202420252024Cost of goods sold$8,719 $7,374 $17,414 $14,475 Selling, general, and administrative expenses3,767 3,747 7,234 7,229 Total depreciation and amortization expense$12,486 $11,121 $24,648 $21,704 

4. Accrued Expenses

Accrued expenses consists of the following:June 30,2025December 31, 2024Product and fulfillment$20,883 $15,273 Payroll related11,719 10,409 Marketing10,980 9,333 Professional services3,900 2,193 Legal3,324 2,338 Retail related3,293 5,929 Charitable contributions2,649 3,315 Other3,823 2,819 Total accrued expenses$60,571 $51,609 

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Table of ContentsWarby Parker Inc. and SubsidiariesNotes to Condensed Consolidated Financial Statements (Unaudited)(Amounts in thousands, except per share data)

5.