NASDAQ$EYE

National Vision Holdings Inc. · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

National Vision Holdings Inc. reported net revenue of $486.4 million and net income of $8.7 million for the second quarter of 2025.

The company achieved 7.7% year-over-year revenue growth driven by 5.9% adjusted comparable store sales growth and new store contributions. Operating income rose to $16.4 million from $0.6 million in the prior year quarter, reflecting improved product margins and cost leverage. Net income from continuing operations was $8.7 million compared to a loss in the prior year period.

  • Q2 2025 net revenue increased 7.7% to $486.4 million, with owned & host segment revenue up 7.9%.
  • Adjusted comparable store sales growth reached 5.9%, supported by higher average ticket and managed care strength.
  • Income from operations improved to $16.4 million, with costs applicable to revenue declining 170 basis points as a percentage of revenue.
  • Diluted EPS from continuing operations was $0.11 versus a loss of $0.01 in Q2 2024.

Headline financials

Total Revenue

$486M

Previous: $452M+7.7%
EPS (adj)

$0.11

Previous: -$0.04+375.0%
Adjusted comparable store sales growth

0.1%

No prior period
Capital Expenditures

-$32.1M

Previous: -$39.6M+19.0%
Net Income

$8.73M

Previous: -$3.13M+379.2%
Operating Income

$16.4M

Previous: $591K+2683.2%

Revenue & EPS history

National Vision · Revenue · Quarterly

$486M

Q2 2025+7.7%vs Q2 2024
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

National Vision · $486M total across 2 segments · Q2 2025

  • Net product sales
    $395M
  • Net sales of services and plans
    $91.8M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

-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

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
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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