Warby Parker (WRBY) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Warby Parker published the results on November 5, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• Warby Parker reports one segment. The product split above (eyewear, contacts, eye care) is the revenue disaggregation note in its 10-Q.
• Costs that Google reimburses under the Intelligent Eyewear collaboration are netted against SG&A: $12.7 million in Q3 2026.

Source: Warby Parker Q3 2026 results, November 5, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Warby Parker splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Warby Parker's Eyewear revenue was $198 million in Q3 2026, up 9% from $182 million in Q3 2025, 81% of total revenue.
• Warby Parker's Contacts revenue was $27.9 million in Q3 2026, up 9% from $25.5 million in Q3 2025, 11% of total revenue.
• Warby Parker's Eye care revenue was $18.8 million in Q3 2026, up 30% from $14.5 million in Q3 2025, 8% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, Warby Parker said:

“Net revenue of $966 to $976 million, representing approximately 11% to 12% growth versus full year 2025.”

“Guidance now includes a modest contribution from Intelligent Eyewear, along with the related launch and operating expenses.”

“50 new store openings.”

Source: Warby Parker Q3 2026 release, Nov 5, 2026.

This is the company's own guidance as of Nov 5, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the WRBY forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net revenue and diluted EPS, each as first reported in that quarter's release. Warby Parker does not report an adjusted EPS figure.

We do not hold a confirmed date for Warby Parker's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 5, 2026

Warby Parker's net revenue was $244.7 million in Q3 2026, up 10.4% from $221.7 million a year earlier. Eyewear brought in $198.1 million of it, contacts $27.9 million and eye care (eye exams) $18.8 million. Eye care was the fastest-growing line, up from $14.5 million in Q3 2025. (Warby Parker Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Nov 5, 2026; Warby Parker Form 10-Q for the quarter ended September 30, 2026, Nov 5, 2026)

Warby Parker's stores now carry most of the business. Retail revenue was $183.0 million in the quarter, against $61.7 million from e-commerce, and Warby Parker opened 12 net new stores in Q3 to end with 364. The 10-K counted 323 stores at December 31, 2025. (Warby Parker Form 10-Q for the quarter ended September 30, 2026, Nov 5, 2026; Warby Parker Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Nov 5, 2026; Warby Parker Form 10-K for 2025, Feb 26, 2026)

Warby Parker breaks its growth into customers and spend per customer. Active Customers, unique accounts with a purchase in the preceding 12 months, rose 3.0% to 2.74 million, and Average Revenue per Customer rose 6.7% to $342 from $320. Warby Parker said the rise in spend came mainly from eyewear: more premium lenses and enhancements such as precision progressives, and more customers buying an eye exam along with glasses or contacts. (Warby Parker Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Nov 5, 2026; Warby Parker Form 10-Q for the quarter ended September 30, 2026, Nov 5, 2026)

Gross margin was 54.4%, up from 54.1%. Warby Parker credited leverage in glasses from reduced tariffs, customer shipping savings, optical lab efficiencies and more progressive lenses, partly offset by the growth of lower-margin eye care and by occupancy costs at new stores. Glasses start at $95 including prescription lenses, according to the 10-K. (Warby Parker Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Nov 5, 2026; Warby Parker Form 10-K for 2025, Feb 26, 2026)

Warby Parker earned net income of $5.6 million in Q3 2026, or $0.04 per diluted share, against $5.9 million, or $0.05, a year earlier. Income from operations was flat at $3.6 million, and interest and other income of $2.6 million made up most of pre-tax income of $6.2 million. (Warby Parker Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Nov 5, 2026)

Warby Parker does not publish an adjusted EPS figure. Its main non-GAAP measure is Adjusted EBITDA, $28.6 million in the quarter, an 11.7% margin, which adds back depreciation and amortization of $14.4 million and stock-based compensation of $9.0 million, among other items. SG&A was also lowered by $12.7 million of Intelligent Eyewear costs that Google reimburses under its collaboration with Warby Parker. (Warby Parker Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Nov 5, 2026; Warby Parker Form 10-Q for the quarter ended September 30, 2026, Nov 5, 2026)

Diluted weighted average shares were 126.1 million, against 125.4 million a year earlier. The provision for income taxes was $563 thousand, an effective tax rate of 9.1%, compared with a small benefit in Q3 2025. (Warby Parker Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Nov 5, 2026; Warby Parker Form 10-Q for the quarter ended September 30, 2026, Nov 5, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Warby Parker gives full-year guidance in its release. With Q3 2026 results it narrowed the 2026 net revenue range to $966 to $976 million, about 11% to 12% growth over 2025, and kept Adjusted EBITDA guidance at $117 to $119 million, a 12.2% margin at the midpoint. The guidance includes a modest contribution from Intelligent Eyewear and its launch costs, and 50 new store openings for the year. (Warby Parker Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Nov 5, 2026)

Warby Parker said it would begin accepting pre-orders for its first Intelligent Eyewear collection on November 12, 2026, with deliveries during the holiday season. The 10-K notes that demand rises in the last one to two weeks of the year as customers use health and flexible spending benefits before they expire. (Warby Parker Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Nov 5, 2026; Warby Parker Form 10-K for 2025, Feb 26, 2026)

A consensus figure is the average of the models published by the analysts who cover Warby Parker, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Warby Parker's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning WRBY is on is WRBY a buy or a sell?, what analysts expect next is on the WRBY forecast, and what the company does is on the Warby Parker (WRBY) stock page.

Every number on this page can be traced to a document Warby Parker published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.