Filing Flows › National Vision Holdings (EYE) › Q2 2026
National Vision Holdings (EYE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
National Vision Holdings (EYE) reported revenue of $499M for the second quarter 2026 (Q2 2026), +3% from a year earlier and -8% from the quarter before. Operating margin was 4.3%, net earnings $12.4M (2.5% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $499M | -8% | +3% |
| Operating profit | $21.3M | -53% | +30% |
| Net earnings | $12.4M | -60% | +42% |
| Operating cash flow | $8.1M | -87% | -85% |
What changed
Revenue was $498.8M in Q2 2026, up 3% year over year and down 8% from the previous quarter. Products was the largest line at 81% of revenue. Products added $8.5M year over year (up 2%), 69% of the total change.
Operating profit was $21.3M, a 4.3% margin (up 0.9 points year over year). Of the extra revenue versus Q2 2025, 39% reached operating profit, above the 3% margin then. Total costs grew 2% against revenue growth of 3%. The fastest-growing cost line was Other operating costs (+15%). Net earnings were $12.4M, up 42% year over year. The effective tax rate was 30.9%.
Operating cash flow was $8.1M (down 85% year over year), 65% of net earnings. Non-cash charges added back $23.2M of depreciation and amortization and $6.4M of share-based compensation. Working capital and other items used $33.9M. Capital expenditures of $22.2M exceeded it, leaving free cash flow of −$14.1M.
Questions
What was National Vision Holdings' revenue in the second quarter 2026?
National Vision Holdings (EYE) reported revenue of $499M for the second quarter 2026 (Q2 2026), +3% from a year earlier and -8% from the quarter before.
Was National Vision Holdings profitable in the second quarter 2026?
Operating profit was $21.3M (4.3% of revenue) and net earnings $12.4M.