National Vision Holdings, Inc.
Income Statement
| Line Item | FY2026 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.99B | $1.82B | $1.76B | $1.64B | $1.71B | $1.72B | $1.54B | $1.38B |
| Cost of Revenue | $819.5M | $764.1M | $734.7M | $667.7M | $786.6M | $806.5M | $713.6M | $637.0M |
| Gross Profit | $1.17B | $1.06B | $1.02B | $977.0M | $925.1M | $917.8M | $823.3M | $738.3M |
| Gross Margin | 58.8% | 58.1% | 58.2% | 59.4% | 54.0% | 53.2% | 53.6% | 53.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.02B | $938.5M | $904.8M | $832.6M | $725.0M | $744.5M | $687.5M | $600.0M |
| Operating Income | $58.8M | $-10.4M | $24.5M | $52.8M | $87.0M | $73.6M | $42.4M | $64.3M |
| Operating Margin | 3.0% | -0.6% | 1.4% | 3.2% | 5.1% | 4.3% | 2.8% | 4.7% |
| Interest Expense | — | — | — | $25.6M | $48.3M | $33.3M | $37.3M | $55.5M |
| Pretax Income | $41.7M | $-25.7M | $9.6M | $52.3M | $38.7M | $30.5M | $4.9M | $4.2M |
| Income Tax Expense | $12.1M | $1.5M | $6.0M | $15.5M | $2.4M | $-2.3M | $-18.8M | $-38.9M |
| Net Income | $29.6M | $-28.5M | $-65.9M | $42.1M | $36.3M | $32.8M | $23.7M | $43.1M |
| Net Margin | 1.5% | -1.6% | -3.8% | 2.6% | 2.1% | 1.9% | 1.5% | 3.1% |
| EPS (Basic) | $0.37 | $-0.36 | $-0.84 | $0.53 | $0.45 | $0.42 | $0.31 | $0.72 |
| EPS (Diluted) | $0.37 | $-0.36 | $-0.84 | $0.52 | $0.44 | $0.40 | $0.30 | $0.70 |
| Shares Outstanding (Basic) | 79.1M | 78.6M | 78.3M | 79.8M | 80.6M | 78.6M | 75.9M | 59.9M |
| Shares Outstanding (Diluted) | 80.6M | 78.6M | 78.6M | 80.3M | 82.8M | 81.7M | 79.0M | 62.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |