---
schema_version: "secwatch.filing_event.v1"
accession: "0001504776-22-000012"
form_type: "8-K"
ticker: "WRBY"
cik: "0001504776"
company_name: "Warby Parker Inc."
filed_at: "2022-05-16T23:59:59+00:00"
generated_at: "2026-06-25T14:40:10.127881+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Warby Parker Q1 revenue up 10.3% to $153.2M; net loss widens to $34.1M

## Summary
- Revenue $153.2M (+10.3% YoY); active customers 2.23M (+18%); average revenue per customer $249 (+11.2%).
- GAAP net loss $34.1M vs $3.0M loss in Q1 2021; adjusted EBITDA $0.8M (0.5% margin) vs $9.3M (6.7% margin) YoY.
- Gross margin 58.5% vs 60.3% due to higher contact lens penetration; Omicron impact estimated at $15M lost sales.
- Opened 8 stores in Q1, ending with 169; FY2022 guidance reaffirmed: revenue $650-660M, adj. EBITDA margin 5.6-6.6%.
- SG&A rose $42.6M to $123.4M, driven by $25.9M increase in stock-based compensation and related taxes.

## SEC filing metadata
- accession: 0001504776-22-000012
- form_type: 8-K
- ticker: WRBY
- cik: 0001504776
- company_name: Warby Parker Inc.
- filed_at: 2022-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1504776/000150477622000012/0001504776-22-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504776/000150477622000012/wrby-20220516.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001504776-22-000012
- JSON: https://secwatch.observer/filing/0001504776-22-000012.json
- Plain text: https://secwatch.observer/filing/0001504776-22-000012.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.