StockWatch
·
Ophthalmic Goods
Quarterly ResultAug 6, 2026, 06:52 AM

Warby Parker Q2 Revenue Up 9.8% to $235.5M; Net Income $4.6M

AI Summary

Warby Parker Inc. announced strong financial results for the second quarter ended June 30, 2026, with net revenue increasing 9.8% to $235.5 million and net income reaching $4.6 million, a significant improvement from a loss in the prior year. The company also reported growth in active customers and average revenue per customer, alongside an increase in Adjusted EBITDA. Warby Parker reaffirmed its full-year 2026 guidance and highlighted its preparations for the imminent launch of its Intelligent Eyewear collection, developed in collaboration with Google and Samsung.

Key Highlights

  • Net revenue increased 9.8% to $235.5 million for Q2 2026.
  • Reported net income of $4.6 million, compared to a net loss of $1.75 million in Q2 2025.
  • Adjusted EBITDA grew to $32.9 million, with an Adjusted EBITDA Margin of 14.0%.
  • Active Customers increased 4.1% to 2.71 million; Average Revenue per Customer rose 6.6% to $336.
  • Opened 15 net new stores during the quarter, bringing the total to 352.
  • Reaffirmed full-year 2026 revenue guidance of $959 million to $976 million.
  • Reaffirmed full-year 2026 Adjusted EBITDA guidance of $117 million to $119 million.
  • Preparing for the upcoming launch of Intelligent Eyewear, developed with Google and Samsung.