Earnings summaries and quarterly performance for Warby Parker.
Executive leadership at Warby Parker.
Board of directors at Warby Parker.
Research analysts who have asked questions during Warby Parker earnings calls.
Mark Altschwager
Robert W. Baird & Co.
4 questions for WRBY
Also covers: BBWI, BIRK, BURL +11 more
Oliver Chen
TD Cowen
4 questions for WRBY
Also covers: BJ, BRLT, COST +21 more
Brooke Roach
Goldman Sachs Group, Inc.
3 questions for WRBY
Also covers: , AS, BURL +23 more
Dana Telsey
Telsey Advisory Group
3 questions for WRBY
Also covers: , AEO, AKA +44 more
Janine Stichter
BTIG
2 questions for WRBY
Also covers: AEO, ANF, BIRK +13 more
Nicholas Jones
Citizens JMP
2 questions for WRBY
Also covers: ACVA, ANGI, CARG +14 more
Brandon Cheatham
Citigroup
1 question for WRBY
Also covers: COST, GIL, HBI +1 more
David Yu
Evercore ISI
1 question for WRBY
Dylan Carden
William Blair & Company
1 question for WRBY
Also covers: ANF, BIRD, BOOT +12 more
Janine Hoffman Stichter
Stifel
1 question for WRBY
Also covers: , BIRK, FL +6 more
Paul Joseph Nawalany
Piper Sandler
1 question for WRBY
Savannah Sommer
Goldman Sachs
1 question for WRBY
Also covers: CURV
Recent press releases and 8-K filings for WRBY.
Warby Parker and Google Partner for AI-Powered Smart Glasses Launch in 2026
WRBY
Product Launch
New Projects/Investments
- Warby Parker and Google (Alphabet Inc.) announced a strategic partnership to develop AI-powered smart glasses, with a planned launch in 2026.
- Warby Parker has committed up to $150 million to this multi-year deal, which resulted in a 15.3% surge in its shares despite the company's ongoing financial challenges.
- The AI glasses will feature augmented reality and audio functions, powered by Google's Gemini AI model, and will connect wirelessly to smartphones to maintain a lightweight design.
- Despite market optimism, Warby Parker's financial profile shows a three-year revenue decline of 5.5% and a negative operating margin.
4 hours ago
Warby Parker Discusses Strategic Pivots Towards AI Glasses and Store Expansion, Updates 2025 Revenue Outlook
WRBY
Product Launch
Guidance Update
New Projects/Investments
- Warby Parker is entering "Act Three" of its strategy, focusing on AI glasses developed in partnership with Google and Samsung, which is expected to be a "massive new business" and a "transformational year" in 2026. Google is funding $75 million of the initial product development costs.
- The company continues to expand its physical footprint, operating over 300 stores and aiming for 900+ freestanding stores, with new locations also opening within Target. Stores are capital efficient, costing less than $1 million to build, paying back in under 20 months, and achieving 35% four-wall margins.
- Warby Parker updated its 2025 revenue guidance in November due to a "trend shift" in September, observing smaller basket sizes among younger consumers, but maintained its profitability outlook due to AI-driven efficiencies across the business.
- The company targets 100-200 basis points of Adjusted EBITDA improvement year over year for several years, aiming for a 20%+ Adjusted EBITDA margin business, with gross margins expected to remain relatively steady in the mid-50s%.
- Warby Parker maintains a strong balance sheet with approximately $300 million in cash and no debt, consistently generating cash, and plans to explore opportunities for capital return to shareholders and strategic investments.
6 days ago
Warby Parker Discusses Strategic Pivots, AI Glasses Development, and Financial Outlook at Morgan Stanley Conference
WRBY
New Projects/Investments
Guidance Update
Revenue Acceleration/Inflection
- Warby Parker is entering "Act Three" with a focus on AI products, including developing AI glasses in partnership with Google and Samsung, with Google funding $75 million of initial development costs.
- The company lowered its 2025 revenue guidance due to a shift in younger consumer purchasing behavior (smaller basket sizes) but maintained its profitability outlook by leveraging efficiencies, including AI integration.
- Warby Parker continues to expand its retail footprint, now with over 300 stores and five Target locations opened this year, noting that stores are capital efficient with payback in under 20 months and 35% four-wall margins.
- Gross margins have remained relatively steady in the mid-50s%, and the company aims for 1 to 200 basis points of Adjusted EBITDA improvement year over year, targeting a 20%+ Adjusted EBITDA margin.
- With a strong balance sheet of $300 million in cash and no debt, Warby Parker plans to explore opportunities to return capital to shareholders and pursue strategic initiatives.
6 days ago
Warby Parker Outlines AI-Driven Growth Strategy and Financial Outlook at Morgan Stanley Conference
WRBY
Product Launch
Guidance Update
New Projects/Investments
- Warby Parker is entering "Act Three" of its business, focusing on AI and smart glasses, developing products with Google and Samsung that are expected to be a "massive new business" and transform the category. Google is funding $75 million of the initial product development costs.
- The company reported north of 15% top-line growth in Q3 2025 and its ninth consecutive quarter of accelerating active customer growth, gaining market share. However, it adjusted its 2025 revenue outlook due to shifting consumer basket sizes among younger demographics, while maintaining its profitability outlook.
- Warby Parker continues to expand its retail footprint, with over 300 stores and plans for 900+ freestanding stores, noting that stores are capital efficient, costing less than $1 million to build and paying back in under 20 months with 35% four-wall margins. The company also highlighted synergies between store openings and e-commerce growth.
- Gross margins have remained relatively steady in the mid-50s%, and the company anticipates 1 to 200 basis points of Adjusted EBITDA improvement year over year for several years, aiming for a 20%+ Adjusted EBITDA margin business. Tariffs have been fully offset through production shifts, selective price increases, and expense cuts.
- The company expects relatively stable consumer demand and neutral to fewer headwinds for margins over the next 12 months. It has a healthy balance sheet with $300 million in cash and no debt, and is exploring capital returns and strategic opportunities.
6 days ago
Warby Parker Reports Q3 2025 Results and Lowers FY2025 Guidance
WRBY
Earnings
Guidance Update
Demand Weakening
- Warby Parker reported Q3 2025 revenue of $221.7 million, a 15.2% year-over-year increase, with active customers up 9.3% to 2.66 million, and net income of approximately $5.9 million (or $0.05 per share).
- The company missed analyst estimates for both Q3 2025 EPS ($0.05 reported vs. $0.08 estimated) and revenue ($221.68 million reported vs. $224.49 million consensus).
- Warby Parker narrowed its full-year 2025 revenue guidance to $871 million–$874 million, which is below its prior range and Street estimates, and set adjusted EBITDA guidance at $98 million–$101 million.
- Gross margin decreased to about 54.1% due to tariffs and higher shipping costs, and shares fell about 5.4% in premarket trading following the announcement.
Nov 7, 2025, 12:09 AM
Warby Parker Reports Q3 2025 Results and Updates Full-Year Guidance
WRBY
Earnings
Guidance Update
Demand Weakening
- Warby Parker reported Q3 2025 revenue of $221.7 million, a 15.2% increase year over year, driven by 2.7 million active customers (up 9.3%) and $320 average revenue per customer (up 4.8%).
- Adjusted EBITDA for Q3 2025 grew 50% year over year to $25.7 million, achieving an 11.6% margin.
- The company updated its full-year 2025 net revenue guidance to $871-$874 million (approximately 13% growth) and adjusted EBITDA guidance to $98-$101 million (11.3-11.6% margin), reflecting a more conservative top-line view for the remainder of the year.
- Key growth drivers included retail revenue increasing 20% year over year, glasses revenue accelerating to 13%, and eye exams growing 41%.
- Strategic initiatives include the largest-ever quarter for new store openings (15 stores), including five Target shop-in-shops, and the sunset of the Home Try-On program and Scout private label contacts brand to streamline operations.
Nov 6, 2025, 1:00 PM
Warby Parker Announces Q3 2025 Results and Full Year 2025 Outlook
WRBY
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Warby Parker reported Net Revenue of $221.7 million for Q3 2025, marking a 15.2% year-over-year increase.
- Adjusted EBITDA for Q3 2025 was $25.7 million, achieving an 11.6% margin, and the company posted a Net Income of $5.9 million.
- The company currently operates 313 stores and projects Full Year 2025 Net Revenue to be between $871 million and $874 million, with Adjusted EBITDA ranging from $98 million to $101 million.
- For Q4 2025, Warby Parker anticipates Net Revenue of $211 million to $214 million and Adjusted EBITDA of $18 million to $21 million.
Nov 6, 2025, 1:00 PM
Warby Parker Announces Strong Third Quarter 2025 Results and Updates Full-Year Guidance
WRBY
Earnings
Revenue Acceleration/Inflection
Guidance Update
- Warby Parker reported a 15.2% increase in net revenue to $221.7 million for the third quarter ended September 30, 2025, demonstrating accelerated growth compared to the prior year period.
- Active Customers grew 9.3% to 2.66 million on a trailing 12-month basis, and Average Revenue per Customer increased 4.8% year over year to $320.
- Net income improved by $9.9 million to $5.9 million in Q3 2025.
- Adjusted EBITDA increased by $8.4 million year over year to $25.7 million, with the Adjusted EBITDA Margin expanding 2.6 points to 11.6%.
- The company updated its full-year 2025 guidance, projecting net revenue between $871 million and $874 million and Adjusted EBITDA between $98 million and $101 million.
Nov 6, 2025, 11:46 AM
Warby Parker Updates Revenue Guidance and Announces Google Partnership
WRBY
Guidance Update
Product Launch
New Projects/Investments
- Warby Parker revised its revenue growth guidance to 12%-14% for Q2 and 13%-15% for the full year, a slight moderation from earlier projections due to macroeconomic uncertainties.
- The company announced a partnership with Google to develop AI-powered smart glasses, with details on product release and potential revenue opportunities expected in the coming months.
- To mitigate tariff impacts, Warby Parker is reallocating its supply chain and reducing reliance on China to under 10% of product sourcing by year-end, alongside selective price increases.
- The firm is set to expand its physical footprint by opening 45 new stores this year, including five in a Target partnership, emphasizing densification in existing markets and favorable store performance metrics.
Jun 4, 2025, 2:21 AM
Warby Parker Partners with Google for Intelligent Eyewear
WRBY
New Projects/Investments
Product Launch
- Warby Parker Inc. announced a strategic partnership with Google to develop AI-powered smart glasses designed for all-day wear, marking its first eyewear collaboration on the Android XR platform.
- Under the agreement, Google will commit up to $75 million for product development and commercialization, and may also invest up to an additional $75 million subject to milestone achievements.
May 20, 2025, 12:00 AM
Quarterly earnings call transcripts for Warby Parker.
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