Recent Updates — WRBY
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.