Warby Parker Q3 revenue rises 13.3% to $192.4 million; full-year outlook raised
Warby Parker reported third-quarter 2024 net revenue of $192.4 million, up 13.3% year over year, and a GAAP net loss of $4.1 million, down from $17.4 million a year earlier. The company raised its full-year 2024 net revenue and Adjusted EBITDA guidance, which matters to shareholders because it signals stronger expected growth and profitability for the year.
Key points
- Q3 net revenue was $192.4 million, up 13.3% from the prior year period
- GAAP net loss narrowed to $4.1 million from $17.4 million; Adjusted EBITDA rose to $17.3 million, a 9.0% margin
- 2024 net revenue guidance raised to $765 million to $768 million, growth of about 14% to 15%
- 2024 Adjusted EBITDA guidance of about $73 million at the revenue midpoint, on a 9.5% margin; 40 new stores planned for the year
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 07, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.