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Warby Parker

Affordable direct-to-consumer prescription eyewear retailer

Overview

What Warby Parker does: It sells affordable prescription glasses, sunglasses, and related eyewear directly to consumers through both online and physical stores. How its product works: Customers choose frames online, use the Home Try-On program to select five frames to test at home for free, then order with prescription lenses (lenses included in base price). The company offers blue light filtering lenses and non-prescription options; products are made from premium materials for durability and style. How it differs from competitors: It combines a direct-to-consumer model with a low price point (glasses start at $95, including lenses), a convenient try-at-home experience, and a buy-one-give-one social mission that donates a pair for each pair sold, plus a mix of online and brick-and-mortar retail. What the company aims to achieve: Make quality eyewear accessible and affordable for a broad audience while improving sight and supporting people in need through its social program.

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About Warby Parker

Simplify's Rating
Why Warby Parker is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Social ImpactHealthcareConsumer Goods

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

New York City, New York

Founded

2010

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What believers are saying

  • Q2 2026 revenue hit $235.5 million, up 9.8%, with 2.71 million active customers.
  • Management reaffirmed 2026 guidance: $959 million to $976 million revenue and 50 store openings.
  • Intelligent Eyewear deliveries target holiday 2026, creating a new premium category.

What critics are saying

  • Intelligent Eyewear launches against Meta Ray-Ban and Apple, risking a costly flop.
  • Q2 used $11.8 million tariff refunds, a one-time margin lift that vanishes in 2027.
  • Co-CEO David Gilboa sold shares September 2, 2026, while growth depends on execution.

What makes Warby Parker unique

  • Warby Parker pairs 352 stores with online sales, prescriptions, and same-day eye exams.
  • Google and Samsung chose Warby Parker for May 19, 2026 intelligent eyewear launch.
  • Two optical labs and 500-plus doctors create a harder-to-copy care network.

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Funding

Total Funding

$945.5M

Above

Industry Average

Funded Over

11 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • 401(k) Company Match
  • Parental Leave
  • Short-term Disability
  • Employee Assistance Program

Stock Price

Growth & Insights and Company News

6 month growth

0%

1 year growth

0%

2 year growth

0%
Yahoo Finance
Nov 7th, 2026
Advance Auto Parts, Warby Parker and Upbound in focus as stronger jobs data lifts consumer stocks

Stronger October payroll figures and firmer wage growth have put the jobs market back in focus, and consumer discretionary stocks sit between rising incomes and higher interest rate risk. A Simply Wall St screener flagged three US names tied to that theme. Advance Auto Parts (market cap $2.9 billion) sells replacement car parts and is pivoting toward higher-margin Main Street Pro customers. Warby Parker ($3.2 billion) runs a direct-to-consumer eyewear business, and is betting on Intelligent Eyewear as a new growth leg. Upbound Group ($1.5 billion) offers lease-to-own and instalment access to household goods. It earns about $2.5 billion from Acima, $1.9 billion from Rent A Center, $282 million from Brigit, and $89 million from Mexico.

FashionNetwork.com
Nov 6th, 2026
Warby Parker Q3 sales climb 10%, prepares intelligent eyewear launch.

Warby Parker Q3 sales climb 10%, prepares intelligent eyewear launch. Warby Parker announced on Thursday sales for the third quarter surged 10.4% to $244.7 million, as the eyewear brand continues to expand its store network and prepares to launch its first intelligent eyewear collection. The New York-based company said active customers increased 3% to 2.74 million on a trailing 12-month basis, and while average revenue per customer climbed 6.7% year over year to $342. Warby Parker opened 12 new stores during the quarter, bringing its total retail footprint to 364 locations. Net income was $5.6 million, down slightly from $5.9 million in the prior-year quarter. "We delivered double-digit revenue growth in Q3, with Adjusted EBITDA exceeding our guidance," said Adrian Mitchell, chief financial officer. "Our profitability reflects disciplined execution across the business, and we're maintaining that focus through the remainder of the year as we enter 2027 with significant financial flexibility." Looking ahead, the company is targeting 50 new store openings for the full year. The retailer is also preparing to enter the intelligent eyewear category. Pre-orders for its first intelligent eyewear collection will begin November 12, with customer orders expected to be delivered during the holiday season. The launch is expected to make a modest contribution to full-year revenue. As a result, for full-year 2026, the company narrowed its revenue outlook to between $966 million and $976 million, representing growth of approximately 11% to 12% compared with 2025. It reaffirmed its adjusted EBITDA forecast of $117 million to $119 million. "There's a tremendous amount happening across Warby Parker, from rolling out Warby Parker Care to expanding our retail footprint to launching our first Intelligent Eyewear collection," said Neil Blumenthal, co-founder and co-CEO. "We're continuing to expand our products and services, build on the investments we've made over many years, like exams and insurance, and find new ways to serve our customers. In an uneven optical environment, we're staying focused on what we can control, while pursuing opportunities we believe can drive meaningful growth for years to come."

The Motley Fool
Nov 6th, 2026
Why Warby Parker stock popped today.

Why Warby Parker stock popped today. The brand's AI-powered Intelligent Eyewear could be a lucrative new growth driver. By Joe Tenebruso - Nov 5, 2026 at 10:30PM EST Key points. * Warby Parker is gaining customers as it expands its store count and product lines. * The company's sales and profits are rising at a solid clip. * Motley Fool Issues First-Ever 9X Buy Alert" Shares of Warby Parker (WRBY +22.50%) soared more than 22% on Thursday after the eyewear maker highlighted the upcoming launch of its new smart glasses. A winning formula. Warby Parker's revenue rose 10.4% year over year to $244.7 million in the third quarter. The eyeglass designer opened 12 net new stores during the quarter, bringing its total count to 364 locations as of Sept. 30. Warby Parker's high-quality yet affordable prescription glasses starting at $95 are proving popular with budget-conscious consumers. The company's strategy of offering vision tests and eye exams in its retail stores is also helping to bring in more customer traffic. WRBY - Warby Parker. $26.08 +$4.79 (+22.50%) NYSE · As of 4:00 PM ET 11/05/26 WRBY · 1Y +51.45% Key data points. Market cap $3.22B Day's range $24.85 - $27.44 52wk range $16.26 - $31.00 Volume 11.3M Avg volume 3.1M Gross margin 52.61% Active customers grew 3% to 2.74 million on a trailing 12-month basis. People are also spending more at Warby Parker's stores. Average revenue per customer increased 6.7% to $342. "We're continuing to expand our products and services, build on the investments we've made over many years, like exams and insurance, and find new ways to serve our customers," Co-CEO Neil Blumenthal said. All told, Warby Parker's earnings before interest, taxes, depreciation, and amortization (EBITDA) jumped 11% to $28.6 million. AI products should boost growth. Management now sees full-year net revenue rising as much as 12% to $976 million in 2026, resulting in adjusted EBITDA of roughly $118 million. Warby Parker is gearing up for the launch of its Intelligent Eyewear, a line of artificial intelligence (AI)-powered smart glasses developed in partnership with Samsung and Alphabet's Google. They offer real-time translation, turn-by-turn navigation, high-quality photo taking, and other voice-activated features. "One week from today, on November 12, we'll begin accepting pre-orders for our first Intelligent Eyewear collection and look forward to delivering customer orders during the holiday season," Co-CEO Dave Gilboa said. "We can't wait for customers to experience these remarkable products firsthand." Should you buy stock in Warby Parker right now. Before you buy stock in Warby Parker, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Warby Parker wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $358,037!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,229,708!* Now, it's worth noting Stock Advisor's total average return is 897% - a market-crushing outperformance compared to 211% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. *Stock Advisor returns as of November 6, 2026.

Associated Press
Nov 5th, 2026
Warby Parker Q3 revenue rises 10.4% to $244.7M, with smart eyewear pre-orders opening

Warby Parker reported third-quarter revenue of $244.7 million, up 10.4% from a year earlier. Net income was $5.6 million, down $0.3 million, while adjusted EBITDA rose $2.8 million to $28.6 million. Gross margin edged up to 54.4% from 54.1%, helped by reduced tariffs and shipping savings. Active customers grew 3.0% to 2.74 million, and the company opened 12 net new stores, ending the quarter with 364. Pre-orders for its first Intelligent Eyewear collection open on November 12, with deliveries planned for the holiday season. The company narrowed its 2026 revenue guidance to $966 million to $976 million and reaffirmed adjusted EBITDA guidance of $117 million to $119 million. It plans 50 new store openings this year.

The E. W. Scripps Company
Nov 3rd, 2026
Five new stores set to open Thursday at Station Twelve in Amherst.

Five new stores set to open Thursday at Station Twelve in Amherst. Warby Parker, Evereve, Just Salad, The North Face and ALO are among the latest businesses joining the long-awaited retail development along Sheridan Drive. Posted 2:24 PM, Nov 03, 2026 Hello! I'm Taylor Anthony and I'm covering the Northtowns for 7 News WKBW. If you have a story idea, please email me at [email protected] AMHERST, N.Y. (WKBW) - Five new stores are preparing to open Thursday at Station 12 in Amherst, marking another milestone for a development years in the making. The new businesses include Warby Parker, Evereve, Just Salad, The North Face and ALO. The open-air shopping and lifestyle center sits at 3097 Sheridan Drive on the former Northtown Plaza site. With Whole Foods and At Home already part of the development, Thursday's openings mark the beginning of another wave of retail activity at the property. Amherst Town Supervisor Shawn Lavin says the progress is exciting for a community that has waited years to see several major projects come to fruition. He says developments like Station Twelve and the recent Costco opening bring more shopping options to residents while generating additional sales and property tax revenue for the town. WATCH: Five new stores set to open Thursday at Station Twelve in Amherst. Lavin also says increased competition gives consumers more choices when deciding where to shop and what brands fit their budgets. The Amherst Chamber of Commerce sees the development as an opportunity to strengthen the region's economy and attract more visitors and businesses. A.J. Baynes, president and CEO of the Amherst Chamber of Commerce, says the new stores represent the future of retail shopping and could help create additional employment opportunities. More businesses are expected to open at Station Twelve throughout the holiday shopping season and into 2027 as construction and development continue. A voice for everyone. WKBW want to hear what's going on in your community. Share your voice and hear from your neighbors.

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