WRBY Q1 2023 Earnings — Warby Parker Inc. Revenue & Financial Results | Market Cap Arena

WRBYWarby Parker Inc.

$3B

Q1 2023 Earnings

Healthcare Medical - Instruments & Supplies

Income Statement

Revenue

$172M+12.2% YoY

Gross Profit

$95M55.1% margin

Operating Income

-$12M-7.2% margin

Net Income

-$11M-6.3% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+17.4%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

-$4M

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$558M

Total Liabilities

$262M

Stockholders' Equity

$296M

Cash & Equivalents

$204M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$172M	$153M	+12.2%
Gross Profit	$95M	$90M	+5.7%
Operating Income	-$12M	-$34M	+63.2%
Net Income	-$11M	-$34M	+68.3%

Revenue Segments

Eyewear Products

$162M94%

Services And Other

$10M6%