---
schema_version: "secwatch.filing_event.v1"
accession: "0001504776-23-000010"
form_type: "8-K"
ticker: "WRBY"
cik: "0001504776"
company_name: "Warby Parker Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T08:56:28.813343+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Warby Parker Q1 revenue up 12.2% to $172M, net loss narrows to $10.8M, EBITDA margin 10.3%

## Summary
- Q1 net revenue $172.0M (+12.2% YoY); GAAP net loss improved to $10.8M from $34.1M.
- Adjusted EBITDA $17.7M (10.3% margin) vs $0.7M (0.5%) last year; increased $17.0M.
- Active Customers 2.29M (+2.5%); Average Revenue per Customer $270 (+8.4%).
- Gross margin 55.1% (down from 58.5%) due to higher store costs, optometrists, and contact lens mix.
- FY 2023 guidance maintained: revenue $645–$660M (8–10% growth); adj. EBITDA ~$51.5M; 40 new stores.

## SEC filing metadata
- accession: 0001504776-23-000010
- form_type: 8-K
- ticker: WRBY
- cik: 0001504776
- company_name: Warby Parker Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1504776/000150477623000010/0001504776-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504776/000150477623000010/wrby-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001504776-23-000010
- JSON: https://secwatch.observer/filing/0001504776-23-000010.json
- Plain text: https://secwatch.observer/filing/0001504776-23-000010.txt

## Key facts
- Earnings Releases
  Warby Parker Inc. reported first quarter ended March 31, 2023 results: revenue $172.0 million, net income $10.8 million. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2023
  - Revenue: $172.0 million
  - Net income: $10.8 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: First Quarter 2023 Year Over Year Highlights • Net revenue increased $18.8 million, or 12.2%, to $172.0 million. • GAAP net loss improved $23.3 million to $10.8 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1504776/000150477623000010/0001504776-23-000010-index.htm

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