Warby Parker Inc.'s stock surged 5.31% in pre-market trading following the release of its first-quarter 2026 financial results, which exceeded analyst expectations and showed solid customer growth.
The eyewear retailer reported Q1 revenue of $242.447 million, beating the consensus estimate of $239.3 million. Revenue grew 8.3% year-over-year, driven by a 4.8% increase in active customers and a 6.9% rise in average revenue per customer. The company also reiterated its full-year 2026 guidance, forecasting net revenue of $959 million to $976 million, representing 10% to 12% growth versus 2025, and adjusted EBITDA of $117 million to $119 million.
Management highlighted preparations for the launch of "intelligent eyewear," described as "truly intelligent AI glasses for all-day wear," which may have contributed to positive investor sentiment alongside the strong quarterly performance and reaffirmed outlook.
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