Warby Parker Q1 FY26 net income slips 8.3% to $3.2 million; revenue rises 8.3% to $242.4 million

Warby Parker, Inc. Class A

Warby Parker, Inc. Class A

WRBY

0.00
  • Warby Parker Q1 net revenue rose 8.3% to $242.4 million, while net income slipped to $3.2 million.
  • Gross margin narrowed to 54% from 56.3%, due to fixed-cost deleverage including doctor headcount and occupancy, tariff costs related to glasses, higher optical lab costs, and higher customer shipping costs.
  • Active customers climbed 4.8% to 2.69 million, while average revenue per customer increased 6.9% to $331.
  • Adjusted EBITDA expanded to $29.6 million, while adjusted EBITDA margin fell 90 basis points to 12.2%.
  • Warby Parker opened 14 net new stores to end quarter with 337, while management highlighted preparations for launch of “intelligent eyewear” described as “truly intelligent AI glasses for all-day wear” and reaffirmed full-year net revenue outlook of $959 million to $976 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Warby Parker Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260507522137) on May 07, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.