Company: WRBY
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001504776-25-000033
Chunk: 16

Company: Warby Parker Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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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 September 30,Nine Months Ended September 30,2025202420252024Net revenue$221,680 $192,447 $659,937 $580,672 Cost of goods sold101,735 87,580 300,401 256,964 Gross profit119,945 104,867 359,536 323,708 Selling, general, and administrative expenses116,375 111,480 358,020 344,404 Income (loss) from operations3,570 (6,613)1,516 (20,696)Interest and other income, net2,179 2,842 6,618 7,965 Income (loss) before income taxes5,749 (3,771)8,134 (12,731)(Benefit from) provision for income taxes(125)301 540 782 Net income (loss)$5,874 $(4,072)$7,594 $(13,513)Earnings (loss) per share:Basic$0.05 $(0.03)$0.06 $(0.11)Diluted$0.05 $(0.03)$0.06 $(0.11)Weighted average shares outstanding:Basic 122,963120,886122,495120,042Diluted125,408120,886124,893120,042Other comprehensive income (loss)Foreign currency translation adjustment$100 $(31)$279 $(140)Total comprehensive income (loss)$5,974 $(4,103)$7,873 $(13,653)

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

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Table of Contents

Warby Parker Inc. and Subsidiaries

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

(Amounts in thousands)

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