Filing Flows › National Vision Holdings (EYE) › Q2 2026 › vs Q2 2025
National Vision Holdings (EYE) Q2 2026 vs Q2 2025 (year over year)
National Vision Holdings's revenue rose $12.4M (+3%) from $486M in Q2 2025 to $499M in Q2 2026. The biggest changes: Products +$8.5M (+2%); Services and plans +$3.8M (+4%). Operating margin 4.3% against 3.4% (+0.9 pts).
National Vision Holdings, Q2 2026: revenue $499M (+2% year over year), operating margin 4.3%, net earnings $12.4M, operating cash flow $8.1M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 4.3% | 3.4% | +0.9 pts |
| Net margin | 2.5% | 1.8% | +0.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Products | $403M | $395M | $8.5M | +2% |
| Services and plans | $95.7M | $91.8M | $3.8M | +4% |
| Revenue | $499M | $486M | $12.4M | +3% |
| Operating profit | $21.3M | $16.4M | $4.9M | +30% |
| Costs & expenses | $478M | $470M | $7.5M | +2% |
| Pre-tax earnings | $18.0M | $12.2M | $5.7M | +47% |
| Other expense, net | $3.3M | $4.2M | −$873K | -21% |
| Cost of revenue | $208M | $200M | $8.0M | +4% |
| SG&A | $243M | $247M | −$3.7M | -2% |
| Other operating costs | $25.7M | $22.4M | $3.3M | +15% |
| Net earnings | $12.4M | $8.7M | $3.7M | +42% |
| Income tax | $5.5M | $3.5M | $2.0M | +58% |
| Operating cash sources | $42.0M | $36.6M | $5.4M | +15% |
| Depreciation & amortization | $23.2M | $22.5M | $685K | +3% |
| Share-based compensation | $6.4M | $5.3M | $1.1M | +20% |
| Working capital & other | $33.9M | −$17.7M | $51.6M | — |
| Operating cash flow | $8.1M | $54.3M | −$46.2M | -85% |
| Capital expenditures | $22.2M | $11.8M | $10.3M | +87% |
| Negative free cash flow (OCF − capex) | $14.1M | −$42.4M | $56.5M | — |
Questions
How much did National Vision Holdings's revenue grow year over year in Q2 2026?
National Vision Holdings's revenue rose $12.4M (+3%) from $486M in Q2 2025 to $499M in Q2 2026.
What drove National Vision Holdings's revenue change in Q2 2026?
Products +$8.5M (+2%); Services and plans +$3.8M (+4%).