Movado vs Warby Parker
Warby Parker reported revenue of $872 million in fiscal 2025, 1.3 times Movado's $671 million in fiscal 2026. Movado's revenue grew 2.7% in its latest year, and Warby Parker's grew 13.0%. Movado had an operating margin of 4.4%, against -0.6% at Warby Parker. Free cash flow was $53 million at Movado and $44 million at Warby Parker. Their fiscal years end in different months (January 31 and December 31), so the periods don't line up exactly.
Side by side
| Movado | Warby Parker | |
|---|---|---|
| Latest fiscal year | FY2026, Jan 31, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $671M | $872M |
| Revenue growth | 2.7% | 13.0% |
| Revenue growth a year, last 5 years | 5.8% | 17.2% |
| Gross margin | 54.2% | 54.0% |
| Operating margin | 4.4% | −0.6% |
| Net margin | 4.0% | 0.2% |
| Free cash flow | $53M | $44M |
| Free cash flow margin | 8.0% | 5.0% |
| Return on capital | — | −3.4% |
| Net debt to EBITDA | — | −6.4x |
| Dividends and buybacks | $35M | $0M |
| Change in diluted share count | 0.1% | 3.9% |
| Last close | $31.03 | $25.48 |
| P/E at the last close | 17.2× | — |
| Insider trades, last 12 months | — | sold $47.1 million |
| Piotroski F-score | — | 4 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
MovadoWarby Parker
Operating margin
Percent of revenue
MovadoWarby Parker
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
MovadoWarby Parker
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Movado and Warby Parker pages.