Filing Flows › Warby Parker (WRBY) › Q3 2026
Warby Parker (WRBY) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Warby Parker (WRBY) reported revenue of $245M for the third quarter 2026 (Q3 2026), +10% from a year earlier and +4% from the quarter before. Operating margin was 1.5%, net earnings $5.6M (2.3% of revenue).
Warby Parker, Q3 2026: revenue $245M (+10% year over year), operating margin 1.5%, net earnings $5.6M, operating cash flow $24.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $245M | +4% | +10% |
| Gross profit | $133M | -2% | +11% |
| Operating profit | $3.6M | +12% | -0.4% |
| Net earnings | $5.6M | +21% | -5% |
| Operating cash flow | $24.7M | -17% | +38% |
What changed
Revenue was $244.7M in Q3 2026, up 10% year over year and up 4% from the previous quarter. Eyewear was the largest line at 81% of revenue. Eyewear added $16.4M year over year (up 9%), 71% of the total change.
Gross margin was 54.4%, up 0.3 points from Q3 2025. Operating profit was $3.6M, a 1.5% margin (down 0.2 points year over year). Operating profit fell $13K even though revenue rose $23.1M versus Q3 2025, so costs grew faster than sales. Operating expenses grew 11% against revenue growth of 10%. Net earnings were $5.6M, down 5% year over year. The effective tax rate was 9.1%. Non-operating items added $2.6M, 42% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $24.7M (up 38% year over year), 441% of net earnings. Non-cash charges added back $14.4M of depreciation and amortization and $8.5M of share-based compensation. Working capital and other items used $3.9M. Capital expenditures of $26.7M exceeded it, leaving free cash flow of −$2.0M.
Questions
What was Warby Parker's revenue in the third quarter 2026?
Warby Parker (WRBY) reported revenue of $245M for the third quarter 2026 (Q3 2026), +10% from a year earlier and +4% from the quarter before.
Was Warby Parker profitable in the third quarter 2026?
Operating profit was $3.6M (1.5% of revenue) and net earnings $5.6M.
Source: Warby Parker 10-Q on SEC EDGAR.