NYSE$WRBY

Warby Parker Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Warby Parker reported Q1 2026 net revenue of $242.4M and net income of $3.2M ($0.03 diluted EPS).

Warby Parker generated Q1 2026 net revenue of $242.4 million (+8% YoY) and net income of $3.2 million, or $0.03 per diluted share, versus $3.5 million and $0.03. Gross margin and store expansion supported top-line growth while the company invested in marketing and technology.

  • Net revenue $242.4M (+8% YoY).
  • Net income $3.2M; diluted EPS $0.03.
  • Direct-to-consumer and retail store growth.
  • Eyewear subscription and exam services expand TAM.
  • Marketing spend supports customer acquisition.

Headline financials

Total Revenue

$242M

Previous: $224M+8.3%
EPS (adj)

$0.03

Previous: $0.03+0.0%
Capital Expenditures

-$16.1M

Previous: -$16.2M+0.1%
Net Income

$3.18M

Previous: $3.47M-8.5%
Operating Income

$1.67M

Previous: $2.47M-32.5%
Gross Profit

$131M

Previous: $126M+4.0%

Revenue & EPS history

Warby Parker · Revenue · Quarterly

$242M

Q1 2026+8.3%vs Q1 2025
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

The 10-Q focuses on store openings, active customers, and margin drivers rather than quarterly EPS targets.

Tailwinds

  • Revenue growth with modest profitability.
  • Omnichannel model scaling.

Headwinds

  • Earnings flat YoY on investment spend.
  • Consumer discretionary sensitivity.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+4.7%

Avg return

Earnings day

+7.9%

Avg return

5 days after

-1.7%

Avg return

30 days after

70%

16 / 23 earnings

Positive

+24.9%

Q3 2022

Best reaction

-29.0%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+23.1%+21.5%+3.1%
Q4 2025+17.2%+26.2%-6.6%
Q3 2025-11.1%-8.8%-1.5%
Q1 2025+3.0%+14.4%+33.5%
Q4 2024+2.3%-2.3%-21.4%
Q3 2024+2.8%+11.9%+25.4%
Q2 2024-6.4%-7.5%-6.8%
Q1 2024+18.9%+25.2%+33.7%
Q4 2023-15.5%-17.0%-9.5%
Q3 2023-29.0%-26.9%-25.3%
Q2 2023-6.3%-11.3%-17.2%
Q1 2023-4.3%-6.5%-0.7%
Q4 2022-6.2%-4.5%-20.5%
Q3 2022+24.9%+42.1%+24.7%
Q2 2022+21.4%+26.4%+12.6%
Q1 2022+0.2%-8.7%-19.5%
Q4 2019+10.1%+22.6%+1.7%
Q2 2021+10.1%+22.6%+1.7%
Q4 2021+15.8%+17.5%+5.1%
Q3 2020+9.5%+11.2%-12.9%
Q1 2021+9.5%+11.2%-12.9%
Q3 2021+9.5%+11.2%-12.9%
Q4 2020+9.5%+11.2%-12.9%
Q2 2020
Q1 2020

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