10-Q quarterly report · filed May 7, 2026

Warby Parker Inc. (WRBY) Q1 2026 10-Q Quarterly Report

Short answer

Warby Parker Inc. (WRBY) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $242M (up 8.3% year over year) with net income of $3M.

Q1 2026 key financials · XBRL

Revenue
$242M
+8.3% YoY
Net income
$3M
−8.5% YoY
Operating margin
0.7%
Gross margin
54.0%
EPS (diluted)
$0.03
+0.0% YoY

Source: XBRL data from the Warby Parker Inc. (WRBY) Q1 2026 10-Q on SEC EDGAR. USD.

Warby Parker Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $242.4M, up 8.3% YoY from $223.8M, with active customers up 4.8%
  • Gross margin 54.0% vs 56.3% YoY, pressured by tariffs, laboratory costs, shipping, occupancy, and doctor headcount
  • Adjusted EBITDA $29.6M vs $29.2M, with margin 12.2% vs 13.1% YoY
  • Cash and equivalents $288.2M vs $286.4M at December 31, 2025; credit facility undrawn
  • Tariff environment remains rapidly changing, creating uncertainty around future financial results and refund timing

Risk Factors

  • No material changes to 10-K risk factors reported
  • Carried-forward business, financial-condition, and operating-results risks remain potentially material
  • Additional unknown or currently immaterial risks could adversely affect operating results

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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