National Vision Holdings, Inc. (NASDAQ:EYE)
Insiders here have filed 8 Form 4s in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Profitable, but on a thin margin.
- Revenue
- $2.03B
- Net income
- $50.3M
- Net margin
- 2.5%
Heavily indebted for what it earns.
- Total debt
- $697.0M
- Cash
- $36.0M
- Net debt / EBITDA
- 3.78x
Owes more within a year than it holds to pay it.
- Current assets
- $226.9M
- Current liabilities
- $383.0M
- Current ratio
- 0.59
Roughly cash-neutral.
- Operating cash flow
- $129.6M
- Free cash flow
- $49.1M
- FCF margin
- 2.4%
Not funding itself by issuing shares.
- Shares outstanding
- 79.5M
- Share growth (1y)
- 0.6%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
EYE Income Statement
| Fiscal Period | Q3 2026 | Q2 2026 | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jul 4, 2026 | Apr 4, 2026 | Jan 3, 2026 | Sep 27, 2025 | Jun 28, 2025 | Mar 29, 2025 |
| Revenue | 498.81 M | 543.88 M | 503.41 M | 487.33 M | 486.42 M | 510.32 M |
| Revenue Growth (YoY) | 2.55 % | 6.58 % | 15.12 % | 7.93 % | 7.68 % | 5.70 % |
| Cost of Revenue | 208.37 M | 242.58 M | 234.18 M | 225.38 M | 222.91 M | 228.15 M |
| Gross Profit | 290.43 M | 301.30 M | 269.23 M | 261.95 M | 263.52 M | 282.17 M |
| SG&A Expense | 243.43 M | 256.09 M | 261.47 M | 253.14 M | 247.47 M | 258.03 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 269.13 M | 256.09 M | 261.47 M | 252.34 M | 247.47 M | 255.93 M |
| Operating Income | 21.30 M | 45.21 M | 7.77 M | 9.61 M | 16.05 M | 26.24 M |
| Pretax Income | 17.96 M | 42.39 M | 2.39 M | 5.49 M | 12.24 M | 21.57 M |
| Tax Provision | 5.55 M | 11.21 M | -929.00 K | 2.12 M | 3.51 M | 7.38 M |
| Net Income | 12.42 M | 31.18 M | 3.32 M | 3.37 M | 8.72 M | 14.19 M |
| EPS (Basic) | 0.16 | 0.39 | 0.04 | 0.04 | 0.11 | 0.18 |
| EPS (Diluted) | 0.15 | 0.38 | 0.04 | 0.04 | 0.11 | 0.18 |
| Shares Outstanding | 79.55 M | 79.66 M | 79.35 M | 79.22 M | 79.08 M | 78.86 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.