| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 235.51 | 2.9% | 9.8% |
| Total Income | 235.51 | 2.9% | 9.8% |
| Expenditure | 232.34 | 3.5% | 6.1% |
| PBT | 5.25 | 31.3% | 306.7% |
| Net Profit | 4.64 | 45.9% | 365.1% |
| OPM | 1.34% | 0.66pp | 3.46pp |
| NPM | 1.97% | 0.66pp | 2.79pp |
| EPS | 0.04 | 33.3% | 500.0% |
Warby Parker Announces Q2 2026 Results with 9.8% Revenue Growth
06 Aug 2026 · 6 Aug, 4:22 pm
Summary
Warby Parker announced its second quarter 2026 financial results, reporting a 9.8% increase in net revenue to $235.5 million. The company also saw a 4.1% growth in active customers and a 6.6% rise in average revenue per customer. Net income for the quarter was $4.6 million, with Adjusted EBITDA at $32.9 million, benefiting from tariff refunds. Management highlighted the upcoming launch of Intelligent Eyewear as a significant new chapter for the company.
Key Highlights
- 1
Warby Parker delivered revenue growth of 9.8% in the second quarter of 2026, reaching $235.5 million.
- 2
Active Customers grew by 4.1% to 2.71 million on a trailing 12-month basis, with Average Revenue per Customer increasing 6.6% year over year to $336.
- 3
The company generated net income of $4.6 million and Adjusted EBITDA of $32.9 million for Q2 2026.
- 4
Gross profit was $136.5 million, or 57.9% of revenue, an increase from 53.0% in the prior year, benefiting from tariff refunds.
- 5
Operating cash flow was $29.6 million and Free Cash Flow was $6.8 million in the second quarter.
- 6
Warby Parker opened 15 net new stores during the quarter, ending Q2 with a total of 352 stores.
Management Comments
Dave Gilboa
In just a few weeks, we'll unveil our first Intelligent Eyewear collection, marking the beginning of an exciting new chapter for Warby Parker and a whole new way for consumers to see and experience the world. For the past 16 years, we've helped millions of people see more clearly, and now we're seamlessly integrating transformative technology into the frames people already love to wear every day.
Neil Blumenthal
We’ve paired timeless design with Google Gemini to enrich consumers’ everyday lives, expanding not only what we can see, but what we can discover, understand, and imagine. Together with Google and Samsung, our team of eyewear designers obsessed over every detail to deliver exceptional fit and comfort, while incorporating technology that allows you to explore, remember, navigate, and connect while keeping your eyes on the world around you.
Adrian Mitchell
As we enter one of the most important periods in Warby Parker's history, we're making targeted investments across our business to ensure we're ready for the launch of Intelligent Eyewear and building the capabilities needed to scale this new category over the longer term. We're doing so while maintaining a prudent outlook that excludes Intelligent Eyewear revenue contributions expected later this year.
Informational and educational content only. Not investment advice.