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AI brief of an SEC Form 8-K · Warby Parker (WRBY)

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

Mixed Impact 3 of 5 earnings Written later

Warby Parker reported first quarter 2026 results, with net revenue up 8.3% to $242.4 million, which the company said exceeded its guidance. Net income fell $0.3 million to $3.2 million, while Adjusted EBITDA rose $0.4 million to $29.6 million. The company reaffirmed its full-year 2026 guidance for net revenue of $959 million to $976 million and Adjusted EBITDA of $117 million to $119 million.

Key points

  • Net revenue rose $18.7 million, or 8.3%, to $242.4 million; gross margin fell to 54.0% from 56.3%.
  • Net income decreased $0.3 million to $3.2 million; diluted EPS was $0.03, unchanged from the prior year.
  • Adjusted EBITDA increased to $29.6 million, with margin down 90 basis points to 12.2%.
  • Full-year 2026 guidance was reaffirmed, not raised, and includes 50 new store openings.

The filing

CompanyWarby Parker (WRBY)
Form8-K, current report
Filed with the SECMay 7, 2026, 6:48 AM ET
Accession number0001504776-26-000009

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 May 07, 2026.

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.