Business
Warby Parker Announces First Quarter 2026 Results
NEW YORK, May 07, 2026--Warby Parker Inc. (NYSE: WRBY) ("Warby Parker" or the "Company"), a direct-to-consumer lifestyle brand focused on vision for all, today announced financial results for the first quarter ended March 31, 2026.
About this update from Warby Parker Inc.
[{"type":"text","content":"NEW YORK, May 07, 2026--(BUSINESS WIRE)--Warby Parker Inc. (NYSE: WRBY) ("Warby Parker" or the "Company"), a direct-to-consumer lifestyle brand focused on vision for all, today announced financial results for the first quarter ended March 31, 2026.","length":268,"tagName":"p"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Delivered revenue growth of 8.3%, exceeding the Company’s guidance.","length":67,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Drove Active Customer growth of 4.8% to 2.69 million on a trailing 12-month basis, and Average Revenue per Customer of $331, up 6.9% year over year.","length":148,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Generated net income of $3.2 million, and expanded Adjusted EBITDA(1) to $29.6 million, exceeding the Company’s guidance.","length":121,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Delivered operating cash flow of $24.5 million and Free Cash Flow(1) of $8.4 million, ending the quarter with $288.2 million in cash and cash equivalents.","length":154,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Opened 14 net new stores during the quarter, ending Q1 with 337 stores.","length":71,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Announced 25 million pairs of glasses distributed through the Buy a Pair, Give a Pair program.","length":94,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":655,"olType":false},{"type":"text","content":""We’re proud of our team’s resilience as we navigated a dynamic environment, including severe weather. We continue to invest in the customer experience and bring innovative new products like Warby Parker Sport to market, and the momentum we’re building gives us confidence as we move through the balance of the year," said Co-Founder and Co-CEO Neil Blumenthal.","length":371,"tagName":"p"},{"type":"text","content":""As we look ahead, a top priority is preparing for the launch of intelligent eyewear. Since day one, we have aimed to delight customers by offering remarkable products and experiences. We’re excited to introduce what we believe will be the world’s first truly intelligent AI glasses for all-day wear. We’re building capabilities to su...