Warby Parker: Q2 revenues grow 9.8 percent

US eyewear retailer Warby Parker Inc. (Warby Parker) has announced its financial results for the second quarter ended June 30, 2026 with net revenue for the New York-based direct-to-consumer (D2C) brand increasing 9.8 percent to 235.5 million dollars.

Active customers grew 4.1 percent on a trailing 12-month basis to reach 2.71 million, while average revenue per customer expanded 6.6 percent year-over-year (YoY) to 336 dollars.

The company generated net income of 4.6 million dollars, up 6.4 million dollars from the prior-year period, alongside adjusted EBITDA of 32.9 million dollars. These figures included an 11.8 million dollar benefit from International Emergency Economic Powers Act (IEEPA) tariff refunds, which was partially deployed to fund strategic investments ahead of its upcoming product category launch.

Warby Parker co-founder and co-chief executive officer Dave Gilboa stated: “In just a few weeks, we'll unveil our first Intelligent Eyewear collection, marking the beginning of an exciting new chapter for Warby Parker and a whole new way for consumers to see and experience the world”. Co-founder and co-CEO Neil Blumenthal added that the line was developed in partnership with Google Gemini and Samsung.

Gross profit for the three-month period reached 136.5 million dollars, representing 57.9 percent of revenue compared to 53 percent in the second quarter of 2025, a 490 basis points expansion.

Store fleet expansion and full year outlook

During the second quarter, Warby Parker opened 15 net new physical locations, bringing its total store network to 352 branches.

For the full year 2026, the company reaffirmed its financial outlook:

Net revenue is projected between 959 million dollars and 976 million dollars, representing 10 percent to 12 percent growth compared to full year 2025.

Adjusted EBITDA is expected between 117 million dollars and 119 million dollars, yielding an adjusted EBITDA margin of 12.2 percent across the revenue range.

The full year forecast incorporates a total 14.4 million dollar tariff refund benefit to offset launch investments, while excluding potential revenue contributions from the Intelligent Eyewear range.

The business plans to open 50 net new store locations during the year.