SuperworthNational Vision free cash flow EYE
Cash from operations less capital spending, by quarter and over the last twelve months, from 2016.
- Last 12 months, to Jul 4, 2026
- $49.1M
- Latest quarter, Q2 FY26
- −$14.1M
- −133% on a year earlier
- Fiscal year 2025
- $73.5M
- +93% on the year before
National Vision's free cash flow was $49.1M over the twelve months to Jul 4, 2026, down 14% on a year earlier.
In its latest quarter, Q2 FY26, it was −$14.1M, down 133% on the same quarter a year before.
Over the five fiscal years to FY2025 it shrank 14% a year on average.
Free cash flow over time
Fiscal year by fiscal year
| Fiscal year | Free cash flow | Change |
|---|---|---|
| FY2025 | $73.5M | +93% |
| FY2024 | $38.1M | −35% |
| FY2023 | $58.3M | +931% |
| FY2022 | $5.7M | −97% |
| FY2021 | $163.4M | +3% |
| FY2020 | $158.2M | +148% |
| FY2019 | $63.8M | +2886% |
| FY2018 | $2.1M | n/a |
| FY2017 | −$3M | n/a |
| FY2016 | n/a | n/a |
Each fiscal year is the twelve months to its fourth quarter.
Quarter by quarter
| Quarter | Ended | Free cash flow | On a year earlier | Last 12 months |
|---|---|---|---|---|
| Q2 FY26 | −$14.1M | −133% | $49.1M | |
| Q1 FY26 | $44.1M | +267% | $105.6M | |
| Q4 FY25 | −$11.2M | n/a | $73.5M | |
| Q3 FY25 | $30.3M | +647% | $83M | |
| Q2 FY25 | $42.4M | +33% | $56.7M | |
| Q1 FY25 | $12M | +202% | $46.2M | |
| Q4 FY24 | −$1.7M | n/a | $38.1M | |
| Q3 FY24 | $4.1M | −69% | $26.8M | |
| Q2 FY24 | $31.9M | +171% | $36M | |
| Q1 FY24 | $4M | −91% | $15.9M | |
| Q4 FY23 | −$13M | n/a | $58.3M | |
| Q3 FY23 | $13.2M | +356% | $41.7M |
Against its peers
Companies in Medical - Instruments & Supplies nearest National Vision's size, closest first, today.
| Company | Free cash flow yield |
|---|---|
| EYENational Vision | 3.3% |
| CDRECadre | 6.1% |
| BVSBioventus | 7.5% |
| STAAStaar Surgical | −0.6% |
| LMATLemaitre Vascular | 3.8% |
| IRMDIradimed | 2.3% |
| INSPInspire Medical Systems | 5.7% |
| UFPTUFP Technologies | n/m |
| ATRCAtriCure | 1.8% |
| MOVMovado | 10.2% |
| WRBYWarby Parker | 0.7% |
| Peer median | 3.8% |
Where National Vision ranks
What the free cash flow tells you
Cash from operations minus capital spending. The cash the company could hand back or reinvest.
Seasonal and lumpy quarter to quarter. The TTM view is the one to trust.
More on National Vision
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.