Warby Parker Debt-to-Equity Ratio Growth & History (WRBY)
Warby Parker's debt-to-equity ratio was 0.63 for fiscal 2025.
View full Warby Parker company overviewWarby Parker annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.63 | −0.03 | −4.32% |
| 2024 | 2024-12-31 | 0.66 | 0.08 | +14.63% |
| 2023 | 2023-12-31 | 0.58 | −0.03 | −4.43% |
| 2022 | 2022-12-31 | 0.60 | 0.60 | — |
| 2021 | 2021-12-31 | 0.00 | — | — |
Warby Parker quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.64 | 0.01 | +1.34% |
| Q1 2026 | 2026-03-31 | 0.63 | 0.00 | +0.11% |
| Q4 2025 | 2025-12-31 | 0.63 | −0.03 | −4.32% |
| Q3 2025 | 2025-09-30 | 0.63 | 0.05 | +7.99% |
| Q2 2025 | 2025-06-30 | 0.63 | 0.05 | +8.26% |
| Q1 2025 | 2025-03-31 | 0.63 | 0.06 | +10.07% |
| Q4 2024 | 2024-12-31 | 0.66 | 0.08 | +14.63% |
| Q3 2024 | 2024-09-30 | 0.58 | 0.02 | +4.27% |
| Q2 2024 | 2024-06-30 | 0.58 | 0.02 | +3.49% |
| Q1 2024 | 2024-03-31 | 0.57 | −0.00 | −0.33% |
| Q4 2023 | 2023-12-31 | 0.58 | −0.03 | −4.43% |
| Q3 2023 | 2023-09-30 | 0.56 | −0.05 | −8.37% |
| Q2 2023 | 2023-06-30 | 0.56 | 0.00 | +0.36% |
| Q1 2023 | 2023-03-31 | 0.58 | 0.04 | +6.86% |
| Q4 2022 | 2022-12-31 | 0.60 | 0.60 | — |
| Q3 2022 | 2022-09-30 | 0.61 | — | — |
| Q2 2022 | 2022-06-30 | 0.56 | — | — |
| Q1 2022 | 2022-03-31 | 0.54 | — | — |
| Q4 2021 | 2021-12-31 | 0.00 | — | — |
Warby Parker debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Warby Parker's debt-to-equity ratio increased from 0.00 to 0.63, a change of 0.63. The latest reported quarter, Q2 2026, shows 0.64.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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