National Vision profit margin EYE
Gross, operating and net profit as a share of revenue over the last twelve months, from 2016.
- Net margin, 12 months
- 2.5%
- Operating margin, 12 months
- 4.1%
- Net margin on a year earlier
- +3.2 pts
- Peer median
- 7.7%
Over the twelve months to Jul 4, 2026, National Vision kept 2.5% of its revenue as net profit, with an operating margin of 4.1% and a gross margin of 58.6%.
Five years earlier its net margin was 7.3%.
The median for 10 medical instruments and supplies stocks of a similar size is 7.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 1.5% | 3.0% | 58.8% |
| FY2024 | −1.6% | −0.6% | 58.1% |
| FY2023 | −3.8% | 1.4% | 58.2% |
| FY2022 | 2.1% | 3.1% | 53.8% |
| FY2021 | 6.2% | 8.4% | 56.5% |
| FY2020 | 2.1% | 5.1% | 54.0% |
| FY2019 | 1.9% | 4.3% | 53.2% |
| FY2018 | 1.5% | 2.8% | 53.6% |
| FY2017 | 3.1% | 4.7% | 53.7% |
| FY2016 | 1.2% | 5.5% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 2.5% | +3.2 pts | 4.1% | |
| Q1 FY26 | 2.3% | +3.7 pts | 3.9% | |
| Q4 FY25 | 1.5% | +3.1 pts | 3.0% | |
| Q3 FY25 | −0.1% | +0.8 pts | 1.4% | |
| Q2 FY25 | −0.8% | +3.8 pts | 0.4% | |
| Q1 FY25 | −1.4% | +2.7 pts | −0.4% | |
| Q4 FY24 | −1.6% | +2.2 pts | −0.6% | |
| Q3 FY24 | −0.9% | +2.4 pts | 0.2% | |
| Q2 FY24 | −4.5% | −5.9 pts | 0.8% | |
| Q1 FY24 | −4.1% | −5.6 pts | 1.1% | |
| Q4 FY23 | −3.8% | −5.9 pts | 1.4% | |
| Q3 FY23 | −3.3% | −6.1 pts | 1.5% |
Against its peers
Companies in Medical - Instruments & Supplies nearest National Vision's size, closest first, today.
| Company | Profit margin |
|---|---|
| EYENational Vision | 2.5% |
| CDRECadre | 5.3% |
| BVSBioventus | 9.4% |
| STAAStaar Surgical | 1.1% |
| LMATLemaitre Vascular | 25.0% |
| IRMDIradimed | 26.7% |
| INSPInspire Medical Systems | 15.0% |
| UFPTUFP Technologies | 11.4% |
| ATRCAtriCure | 1.9% |
| MOVMovado | 6.0% |
| WRBYWarby Parker | 0.8% |
| Peer median | 7.7% |
Where National Vision ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on National Vision
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.