Warby Parker posts strong Q3 earnings and announces pre‑order start for Intelligent Eyewear
Warby Parker reported third‑quarter 2026 revenue of $244.7 million, up 10.4% year‑over‑year, and earnings of $0.04 per share. Adjusted EBITDA beat expectations at $28.6 million and gross margin expanded to 54.4%. The company also announced that pre‑orders for its Google‑ and Samsung‑backed Intelligent Eyewear will begin on November 12, with deliveries slated for December.
Why it matters
Analysts note the margin expansion and EBITDA beat improve the company’s near‑term profitability outlook. Goldman Sachs reiterated a Buy rating and a $32.00 price target, citing the smart‑glasses launch as a growth catalyst. The results and launch news drove the stock up roughly 22% in pre‑market trading.
Key facts
- 1Q3 2026 revenue was $244.7 million, a 10.4% YoY increase. stocktitan.net
- 2Adjusted EBITDA for the quarter was $28.6 million, beating guidance. stocktitan.net
- 3Gross margin was 54.4%, up from 54.1% the prior year. stocktitan.net
- 4Earnings per share were $0.04. finance.yahoo.com
- 5Active customers grew 3.0% to 2.74 million. stocktitan.net
- 6Full‑year 2026 revenue guidance narrowed to $966 million‑$976 million. stocktitan.net
Summary written by AlphAI AI Desk from 12 of 12 sources. Not investment advice. Figures are as stated by the linked sources.