Filing Flows › Innovative Eyewear (LUCY) › Q3 2026
Innovative Eyewear (LUCY) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
Innovative Eyewear (LUCY) reported revenue of $1.0M for the third quarter 2026 (Q3 2026), +51% from a year earlier and -0.1% from the quarter before. Operating margin was -226.5%, net loss $2.3M (226.5% of revenue).
Innovative Eyewear, Q3 2026: revenue $1.0M (+51% year over year), operating margin -226.5%, net loss $2.3M, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0M | -0.1% | +51% |
| Operating profit | −$2.3M | — | — |
| Net earnings | −$2.3M | — | — |
| Operating cash flow | −$1.5M | — | — |
What changed
Revenue was $1.0M in Q3 2026, up 51% year over year and roughly flat from the previous quarter. E-commerce channels was the largest line at 77% of revenue. Wholesale channels added $198K year over year (up 766%), 58% of the total change.
Gross margin was 31.8%, down 4.9 points from Q3 2025. Operating costs exceeded revenue by $2.3M, an operating margin of -226.5%. Operating expenses grew 25% against revenue growth of 51%. The quarter ended with a net loss of $2.3M, wider than the previous quarter's $1.7M loss.
Operating cash flow was −$1.5M. Non-cash charges added back $22K of depreciation and amortization and $198K of share-based compensation. Working capital and other items added $519K.
Questions
What was Innovative Eyewear's revenue in the third quarter 2026?
Innovative Eyewear (LUCY) reported revenue of $1.0M for the third quarter 2026 (Q3 2026), +51% from a year earlier and -0.1% from the quarter before.
Was Innovative Eyewear profitable in the third quarter 2026?
Operating loss was $2.3M (-226.5% of revenue) and net loss $2.3M.
Source: Innovative Eyewear 10-Q on SEC EDGAR.