Stock Track | Warby Parker Soars 30.80% Intraday on Q1 Revenue Beat, Strong Customer Growth and AI Eyewear Development

Stock Track05-08

Warby Parker Inc.'s stock soared 30.80% during Thursday's intraday trading session 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 $242.45 million, beating the consensus estimate of $239.34 million. Revenue grew 8.3% year-over-year, driven by a 4.8% increase in active customers to 2.69 million and a 6.9% rise in average revenue per customer to $331. 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 progress in developing "intelligent eyewear," described as "truly intelligent AI glasses for all-day wear," which contributed to positive investor sentiment alongside the strong quarterly performance and reaffirmed outlook.

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