Earnings ·
Warby Parker Inc. reported financial results for the second quarter ended June 30, 2026, on August 6, 2026
WRBYWarby Parker Inc.
Warby Parker Inc. reported financial results for the second quarter ended June 30, 2026, on August 6, 2026. Net revenue increased 9.8% year-over-year to $235.5 million, driven by a 4.1% growth in Active Customers to 2.71 million and a 6.6% increase in Average Revenue per Customer to $336. The company generated net income of $4.6 million and Adjusted EBITDA of $32.9 million, figures that included an $11.8 million benefit from tariff refunds under the International Emergency Economic Powers Act. Operating cash flow was $29.6 million, resulting in free cash flow of $6.8 million, while ending the quarter with $292.7 million in cash and cash equivalents. The company opened 15 net new stores, bringing its total retail footprint to 352 locations. Warby Parker reaffirmed its full-year 2026 guidance for net revenue between $959 million and $976 million and Adjusted EBITDA between $117 million and $119 million. The company operates in the direct-to-consumer eyewear industry, designing and selling prescription glasses, sunglasses, and contacts through its online platform and retail stores.