Company: WRBY
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001504776-25-000027
Chunk: 16

Company: Warby Parker Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 16
---
3

Table of Contents

Warby Parker Inc. and Subsidiaries

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited)

(Amounts in thousands, except per share data)Three Months Ended June 30,Six Months Ended June 30,2025202420252024Net revenue$214,475 $188,222 $438,257 $388,225 Cost of goods sold100,866 82,840 198,668 169,384 Gross profit113,609 105,382 239,589 218,841 Selling, general, and administrative expenses118,134 114,338 241,643 232,924 Loss from operations(4,525)(8,956)(2,054)(14,083)Interest and other income, net1,984 2,567 4,439 5,123 (Loss) income before income taxes(2,541)(6,389)2,385 (8,960)Provision for income taxes(789)373 665 481 Net (loss) income$(1,752)$(6,762)$1,720 $(9,441)Earnings per share:Basic$(0.01)$(0.06)$0.01 $(0.08)Diluted$(0.01)$(0.06)$0.01 $(0.08)Weighted average shares outstanding:Basic 122,565120,086122,257119,615Diluted122,565120,086125,719119,615Other comprehensive income (loss)Foreign currency translation adjustment$170 $(18)$179 $(109)Total comprehensive (loss) income$(1,582)$(6,780)$1,899 $(9,550)

The accompanying notes are an integral part of these condensed consolidated financial statements.

4

Table of Contents

Warby Parker Inc. and Subsidiaries

Condensed Consolidated Statements of Changes in Stockholders’ Equity (Unaudited)

(Amounts in thousands)

Three and Six Months Ended June 30, 2025Class A and Class BCommon StockAdditionalPaid-InCapitalAccumulatedOtherComprehensiveIncome (Loss)AccumulatedDeficitTotal Stockholders’EquitySharesAmountBalance as of December 31, 2024120,711 $12 $1,029,220 $(1,938