Warby Parker Reports Q3 2026 Revenue Growth Driven by Retail Expansion and Eye Care Services
Warby Parker (WRBY) reported third-quarter revenue of $244.7 million, a 10.4% increase year-over-year. The growth was primarily fueled by a 12.4% rise in retail revenue following the opening of 12 new stores and a significant 30% surge in eye exam revenue as services expanded across its physical locations. While customer acquisition moderated due to broader industry trends, average revenue per customer rose 6.7% to $342. The company also saw improved adjusted gross margins of 54.6%, aided by shipping optimizations and reduced tariffs. Looking ahead, the company is pivoting toward 'Intelligent Eyewear,' with deliveries expected to begin in mid-December, potentially boosting fourth-quarter growth.
Tickers: $WRBY
Topics: ecommerce performance eye care services retail expansion revenue growth