NASDAQ$EYE
National Vision Holdings Inc. · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
National Vision (EYE) reported Q1 2026 net revenue of $543.9M and net income of $31.2M ($0.38 diluted EPS).
For the quarter ended April 4, 2026, National Vision total net revenue was $543.9 million (+6.6% YoY) with net income of $31.2 million ($0.38 diluted EPS) versus $14.2 million ($0.18) a year ago. Product sales were $439.5 million and services/plans $104.4 million. Operating income was $45.2 million on improved leverage and comparable store productivity.
- Total net revenue $543.9M; product sales $439.5M; services/plans $104.4M.
- Net income $31.2M; diluted EPS $0.38 vs $0.18 prior year.
- Operating income $45.2M vs $26.1M; SG&A $256.1M.
- Vision services retailer with managed care and retail store mix.
- Effective tax rate lower on discrete benefits and higher pretax income.
Headline financials
Revenue & EPS history
National Vision · Revenue · Quarterly
$544M
Revenue by segment
National Vision · $532M total across 2 segments · Q3 2023
- Net Product Sales$436M+6.1%81.8%
- Services and Plans$96.8M+9.4%18.2%
Forward guidance
National Vision typically updates annual outlook on earnings calls; 10-Q discusses store openings, managed care reimbursement, and consumer demand.
Tailwinds
- Profit more than doubled year over year on revenue growth.
- Services and plans revenue provide recurring mix.
- Operating margin expansion in Q1.
Headwinds
- SG&A remains elevated at 47% of sales.
- Managed care reimbursement pressure ongoing.
- Competitive promotional environment in optical retail.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2026
-0.5%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+1.5%
Avg return
30 days after
54%
21 / 39 earnings
Positive
+16.9%
Q1 2025
Best reaction
-38.8%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.8% | -0.1% | +9.9% | |
| Q4 2025 | +9.1% | +0.6% | -11.0% | |
| Q3 2025 | -3.6% | -5.7% | +14.4% | |
| Q1 2025 | +16.9% | +40.7% | +57.8% | |
| Q4 2024 | +11.6% | +10.7% | +12.1% | |
| Q3 2024 | -4.7% | -3.1% | -8.0% | |
| Q2 2024 | -21.6% | -26.1% | -30.7% | |
| Q1 2024 | -15.2% | -16.4% | -19.3% | |
| Q4 2023 | +14.7% | +17.9% | +11.0% | |
| Q3 2023 | +9.4% | +14.1% | +11.5% | |
| Q2 2023 | -5.9% | -8.4% | -19.5% | |
| Q1 2023 | +5.9% | +4.7% | +14.7% | |
| Q4 2022 | -38.8% | -40.1% | -49.6% | |
| Q3 2022 | +12.7% | +12.8% | +5.3% | |
| Q2 2022 | +9.2% | +13.7% | +12.7% | |
| Q1 2022 | -31.5% | -22.3% | -17.8% | |
| Q4 2021 | -4.7% | +0.8% | +16.4% | |
| Q3 2021 | -16.4% | -22.3% | -23.8% | |
| Q2 2021 | -0.8% | +1.0% | +7.8% | |
| Q1 2021 | +6.5% | +6.3% | +2.9% | |
| Q3 2020 | +2.5% | +6.4% | -2.1% | |
| Q2 2020 | -1.8% | +3.8% | +16.1% | |
| Q1 2020 | +10.0% | +2.2% | +32.5% | |
| Q4 2019 | +4.0% | +7.4% | -41.1% | |
| Q3 2019 | +11.8% | +8.8% | +23.8% | |
| Q2 2019 | +8.2% | +7.9% | -4.8% | |
| Q1 2019 | +3.3% | +2.3% | -1.5% | |
| Q4 2018 | -1.4% | -3.1% | -7.7% | |
| Q3 2018 | -1.7% | -7.8% | -27.8% | |
| Q2 2017 | -8.4% | -7.5% | +2.6% | |
| Q2 2018 | -8.4% | -7.5% | +2.6% | |
| Q1 2018 | +2.3% | +6.4% | +10.4% | |
| Q1 2016 | -2.2% | -3.1% | -6.9% | |
| Q2 2016 | -2.2% | -3.1% | -6.9% | |
| Q4 2017 | -2.2% | -3.1% | -6.9% | |
| Q3 2016 | +1.8% | +7.9% | +19.4% | |
| Q1 2017 | +1.8% | +7.9% | +19.4% | |
| Q3 2017 | +1.8% | +7.9% | +19.4% | |
| Q4 2016 | +1.8% | +7.9% | +19.4% |
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