Inferra AI / Company / WRBY

Warby Parker Inc.

WRBY · Health Care

Last earnings Aug 6, 2026

Key results

Average revenuequarter

4.6%

Active Customers increased 9.0% to 2.60 million on a trailing 12-month basis, and Average Revenue per Customer increased 4.6% year over year to $316.

SEC original ↗Warby Parker Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Free cash flowquarter

$23.9 million

Free Cash Flow (1) of $23.9 million.

SEC original ↗Warby Parker Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Active Customers increased 9.0% to 2.60 million on a trailing 12-month basis, and Average Revenue per Customer increased 4.6% to $316.

SEC original ↗Warby Parker Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Gross marginquarter

53.0%

Gross margin was 53.0% compared to 56.0% in the prior year.

SEC original ↗Warby Parker Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

gross margin was driven by $2.5 million of one-time inventory write-downs primarily related to the decision to sunset our Home-Try On program at the end of this year, as well as sales growth of contact lenses, increased store occupancy and doctor headcount, and tariff related costs

SEC original ↗Warby Parker Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Adjusted gross marginquarter

54.3%

Adjusted Gross Margin (1) was 54.3%, compared to 56.1% in the prior year.

SEC original ↗Warby Parker Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

AI analysis

Q2 2025 · reported Aug 7, 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Gross margin · Q2 2025
53.0%
-3.0 pts vs year ago computed from stated figures
EX-99 · Aug 7, 2025
Free cash flow · Q2 2025
$23.9M
EX-99 · Aug 7, 2025
Adjusted gross margin · Q2 2025
54.3%
-1.8 pts vs year ago computed from stated figures
EX-99 · Aug 7, 2025

The quarter in charts

GAAP gross margin

Percent of revenue, as stated

0%37.5%75%56.0%Same quarter last year53.0%Q2 2025

EX-99 · Aug 7, 2025 Margin values as stated in the release.

Headline figures

MetricQ2 2025Prior qtrYear ago
Average revenue4.6%——
Free cash flow$23.9 million——
Gross margin53.0%—56.0%
Adjusted gross margin54.3%—56.1%

EX-99 · Aug 7, 2025

Guidance · company-stated

Direction: Raised

Revenue$214 million

“htm EX-99.1 Document Warby Parker Announces Second Quarter 2025 Results Net revenue increased 14% year over year to $214 million Raises outlook Active Customers increased 9% on a trailing 12-month basis NEW YORK, August 7, 2025.”

Revenue

“2025 Outlook For the full year 2025, Warby Parker is raising its guidance as follows Net revenue of $880 million to $888 million, representing growth of approximately 14% to 15%.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Gross margin53.0%
Adjusted gross margin54.3%

Cash flow & capex

Free cash flow$23.9M

Capital allocation

Share Repurchase Program In February 2026, the Company s Board of Directors authorized a share repurchase program to purchase up to $ 100.0 million of the Company s Class A common stock (the Share Repurchase Program ).

Repurchases under the Share Repurchase Program may be made in the open market, in privately negotiated transactions, or otherwise, with the amount and timing of repurchases to be determined at the Company s discretion, depending on market conditions and corporate needs.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Warby Parker Announces Second Quarter 2025 Results Net revenue increased 14% year over year to $214 million Raises outlook Active Customers increased 9% on a trailing 12-month basis

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Direction: Raised

Revenue: “htm EX-99.1 Document Warby Parker Announces Second Quarter 2025 Results Net revenue increased 14% year over year to $214 million Raises outlook Active Customers increased 9% on a trailing 12-month basis NEW YORK, August 7, 2025.”

Revenue: “2025 Outlook For the full year 2025, Warby Parker is raising its guidance as follows Net revenue of $880 million to $888 million, representing growth of approximately 14% to 15%.”

Revenue — Raised (“increased”)
“htm EX-99.1 Document Warby Parker Announces Second Quarter 2025 Results Net revenue increased 14% year over year to $214 million Raises outlook Active Customers increased 9% on a trailing 12-month basis NEW YORK, August 7, 2025.”

Revenue — Raised (“raising”)
“2025 Outlook For the full year 2025, Warby Parker is raising its guidance as follows Net revenue of $880 million to $888 million, representing growth of approximately 14% to 15%.”

Classified from the release's primary full-year outlook statement.

Capital allocation

Share Repurchase Program In February 2026, the Company s Board of Directors authorized a share repurchase program to purchase up to $ 100.0 million of the Company s Class A common stock (the Share Repurchase Program ).

SEC original ↗Warby Parker Inc. — 10-Q Quarterly report10-QAug 6, 2026

Repurchases under the Share Repurchase Program may be made in the open market, in privately negotiated transactions, or otherwise, with the amount and timing of repurchases to be determined at the Company s discretion, depending on market conditions and corporate needs.

SEC original ↗Warby Parker Inc. — 10-Q Quarterly report10-QAug 6, 2026

Open market repurchases will be structured to occur in accordance with applicable federal securities laws, including within the pricing and volume requirements of 14 Table of Contents Warby Parker Inc.

SEC original ↗Warby Parker Inc. — 10-Q Quarterly report10-QAug 6, 2026

The Company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares under this authorization.

SEC original ↗Warby Parker Inc. — 10-Q Quarterly report10-QAug 6, 2026

The Share Repurchase Program does not have a fixed expiration date, does not obligate the Company to acquire any particular amount of Class A common stock, and may be modified, suspended, or terminated at any time at the discretion of the Company s Board of Directors.

SEC original ↗Warby Parker Inc. — 10-Q Quarterly report10-QAug 6, 2026

During the three and six months ended June 30, 2026, the Company did not purchase any shares under the Share Repurchase Program.

SEC original ↗Warby Parker Inc. — 10-Q Quarterly report10-QAug 6, 2026

Strategy & priorities

(NYSE WRBY) ( Warby Parker or the Company ), a direct-to-consumer lifestyle brand focused on vision for all, today announced financial results for the second quarter ended June 30, 2025.

SEC original ↗Warby Parker Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

We look forward to sharing more about our AI glasses initiative with Google.

SEC original ↗Warby Parker Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

When Steve joined Warby Parker fourteen years ago as our first CFO, he brought financial rigor, strategic vision, and an unwavering commitment to creating impact both inside and outside of the organization, says Gilboa.

SEC original ↗Warby Parker Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

We re proud to deliver our eighth consecutive quarter of accelerating active customer growth alongside 130 basis points of year over year Adjusted EBITDA margin expansion.

SEC original ↗Warby Parker Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

These statements may relate to, but are not limited to, expectations of future operating results or financial performance, including expectations regarding achieving profitability and growth in our e-commerce channel, delivering stakeholder value, growing market share, and our guidance for the quarter ending September 30, 2025 and year ending December 31, 2025 expectations regarding the number of new store openings during the year ending December 31, 2025 management s plans, priorities, initiatives and strategies expectations regarding growth of our business and expectations regarding our ability to mitigate the impacts of existing or new tariffs.

SEC original ↗Warby Parker Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Risks & headwinds

The decrease in gross margin was driven by $2.5 million of one-time inventory write-downs primarily related to the decision to sunset our Home-Try On program at the end of this year, as well as sales growth of contact lenses, increased store occupancy and doctor headcount, and tariff related costs, partially offset by the benefit from selective price increases and increased 1 penetration of our higher priced frames and lenses.

SEC original ↗Warby Parker Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

These statements may relate to, but are not limited to, expectations of future operating results or financial performance, including expectations regarding achieving profitability and growth in our e-commerce channel, delivering stakeholder value, growing market share, and our guidance for the quarter ending September 30, 2025 and year ending December 31, 2025 expectations regarding the number of new store openings during the year ending December 31, 2025 management s plans, priorities, initiatives and strategies expectations regarding growth of our business and expectations regarding our ability to mitigate the impacts of existing or new tariffs.

SEC original ↗Warby Parker Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quanti ed.

SEC original ↗Warby Parker Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control, that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements.

SEC original ↗Warby Parker Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements.

SEC original ↗Warby Parker Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

These risks and uncertainties include our ability to manage our future growth effectively our expectations regarding cost of goods sold, gross margin, channel mix, customer mix, and selling, general, and administrative expenses increases in component 3 and shipping costs and changes in supply chain changes to U.

SEC original ↗Warby Parker Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Documents

Filings

30 documents

Earnings releases

12 documents

Presentations

0 documents

No presentations for Warby Parker Inc. are held in this edition of the library.

Transcripts

0 documents

No transcripts for Warby Parker Inc. are held in this edition of the library.

See also the earnings calendar for every tracked company’s next earnings date.