EYE on Nasdaq

National Vision Holdings, Inc.

American ophthalmic goods company based in Duluth, incorporated in Delaware. Summary from the record

Price unavailable

Last updated Oct 19, 2026.

Overview

$2.0BRevenue, fiscal 20263
$29.6MNet income, fiscal 20263

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  • TickerEYE on Nasdaq2
  • IndustryOphthalmic Goods2
  • HeadquartersDuluth, United States2
  • Incorporated inDE4
  • Business address6000 Avalon Boulevard, Suite 6240, Alpharetta, Ga 300094
  • Filer categoryLarge accelerated filer4
  • Legal formCorporation2
  • LEI549300JHURCBLI5ROA422
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O Corporation Service Company, 19808 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 54821542

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National Vision Holdings, Inc., a Delaware corporation, and its consolidated subsidiaries are referred to here as “we,” “our,” “us,” “the Company,” or “National Vision.” National Vision Holdings, Inc. conducts substantially all of its activities through its indirect, wholly-owned subsidiary, National Vision, Inc. (“NVI”), and NVI’s subsidiaries.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

3.0%Operating margin3
1.5%Net margin3
3.4%Return on equity3
0.26×Debt to equity3
$73.5MFree cash flow3

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Eyeglasses And Sunglasses brought in 64% of the revenue National Vision Holdings, Inc. broke down this way in fiscal 2025.

  1. Eyeglasses And Sunglasses$1.3B364%up 11% from 2024
  2. Contact Lenses$324.2M316%up 5% from 2024
  3. Exam$254.7M313%up 9% from 2024
  4. Product Protection Plans$73.6M34%up 1% from 2024
  5. Eyecare Clubs$54.6M33%up 2% from 2024
  6. Accessories and Other$11.3M31%up 12% from 2024
Products and services by year
Products and services202320242025
Eyeglasses And Sunglasses$1.1B$1.1B$1.3B
Contact Lenses$301.3M$307.3M$324.2M
Exam$207.8M$233.6M$254.7M
Product Protection Plans$72.1M$72.9M$73.6M
Eyecare Clubs$53.2M$53.7M$54.6M
Accessories and Other$7.0M$10.1M$11.3M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Selling, general and admin51¢$1.0B
  • Other costs47¢$929.6M
  • Income tax1¢$12.1M
  • Profit1¢$29.6M

Out of $2.0B in revenue.3

Where each dollar of operating cash went, fiscal 2026

  • Capital spending50¢$72.8M
  • Share buybacks2¢$3.2M
  • Kept or used elsewhere48¢$70.2M

Out of $146.3M of cash from operations.3

Financial statements

Revenue6783$2.0B in 2026+15% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $1.7B$1.7B20192021: $1.7B$1.7B2021−1%2022: $1.6B$1.6B2022−4%2023: $1.8B$1.8B2023+7%2024: $1.8B$1.8B2024+4%2026: $2.0B$2.0B2026+9%
Operating income6783$58.8M in 2026−20% since 2019
-$25.0M0$25.0M$50.0M$75.0M$100.0M2019: $73.6M$73.6M20192021: $87.0M$87.0M2021+18%2022: $52.8M$52.8M2022−39%2023: $24.5M$24.5M2023−54%2024: -$10.4M-$10.4M20242026: $58.8M$58.8M2026
Net income6783$29.6M in 2026−10% since 2019
-$100.0M-$50.0M0$50.0M2019: $32.8M$32.8M20192021: $36.3M$36.3M2021+11%2022: $42.1M$42.1M2022+16%2023: -$65.9M-$65.9M20232024: -$28.5M-$28.5M2024−57%2026: $29.6M$29.6M2026

Every line of the income statement as filed: the last 3 fiscal years, latest first.3

Period ending2025-12-312024-12-312023-12-31
Total net revenue$2.0B$1.8B$1.8B
Total costs applicable to revenue$819.5M$764.1M$734.7M
Selling, general and administrative expenses$1.0B$938.5M$904.8M
Depreciation and amortization$91.2M$91.3M$89.9M
Asset impairment$2.0M$39.9M$2.7M
Other expense (income), net-$204.0K-$101.0K-$104.0K
Total operating expenses$1.1B$1.1B$997.2M
Income (loss) from operations$58.8M-$10.4M$24.5M
Interest expense, net$17.1M$16.2M$14.3M
(Gain) loss on extinguishment of debt$0-$859.0K$599.0K
Earnings (loss) from continuing operations before income taxes$41.7M-$25.7M$9.6M
Income tax provision$12.1M$1.5M$6.0M
Income (loss) from continuing operations$29.6M-$27.2M$3.5M
Income (loss) from discontinued operations, net of tax (See Note 2)$0-$1.3M-$69.4M
Net income (loss)$29.6M-$28.5M-$65.9M
Continuing operations (in usd per share)$0-$0$0
Discontinued operations (in usd per share)$0-$0-$1
Total (in usd per share)$0.37-$0.36-$0.84
Continuing operations (in usd per share)$0-$0$0
Discontinued operations (in usd per share)$0-$0-$1
Total (in usd per share)$0.37-$0.36-$0.84
Basic (in shares)79.1M shares78.6M shares78.3M shares
Diluted (in shares)80.6M shares78.6M shares78.6M shares
Unrealized gain (loss) on hedge instruments-$161.0K$548.0K$1.0M
Tax provision of unrealized gain (loss) on hedge instruments-$40.0K$129.0K$259.0K
Comprehensive income (loss)$29.5M-$28.1M-$65.1M

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Leadership

Who has led National Vision Holdings, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. L. Reade Fahs2017–2025
  2. Alexander Wilkes2025–now

Chair

  1. L. Reade Fahs2025–now

President

  1. Alexander Wilkes2024–2025
  2. Mark Banner2025–now

Chief financial officer

  1. Melissa Rasmussen2023–2025
  2. Christopher Laden2025–now

Chief operating officer

  1. Raymond J. McAllister2017–2018
20202025
Board members and other officers (30)

Timeline

  1. Aug 4, 2025New chief executive Alexander Wilkes becomes CEO14
  2. Oct 25, 2017New chief executive L. Reade Fahs becomes CEO15
  3. Feb 14, 2014Founded National Vision Holdings, Inc. is founded2

Filings

348 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 41 major events, 209 insider forms, 54 large holders, 24 other. The latest 20:

  1. Oct 8, 2026SCHEDULE 13G EDGAR
  2. Sep 9, 20264 EDGAR
  3. Sep 3, 20264 EDGAR
  4. Aug 21, 20264 EDGAR
  5. Aug 13, 202610-Q EDGAR
  6. Aug 13, 2026SCHEDULE 13G/A EDGAR
  7. Aug 12, 20268-K EDGAR
  8. Aug 6, 2026SCHEDULE 13G/A EDGAR
  9. Aug 6, 2026SCHEDULE 13G EDGAR
  10. Aug 3, 20264 EDGAR
  11. Jul 31, 2026SCHEDULE 13G/A EDGAR
  12. Jul 9, 20264 EDGAR
  13. Jun 22, 20264 EDGAR
  14. Jun 22, 20264 EDGAR
  15. Jun 22, 20264 EDGAR
  16. Jun 22, 20264 EDGAR
  17. Jun 22, 20268-K EDGAR
  18. Jun 22, 20264 EDGAR
  19. Jun 22, 20264 EDGAR
  20. Jun 22, 20264 EDGAR

The 348 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

25 open-market trades by officers, directors and large owners since October 2021: 15 buys and 10 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 5, 2026Nicholson Michael JDirectorBuy50,000$15.52$776.0KForm 4
Mar 11, 2026Wilkes AlexanderChief Executive OfficerSale35,000$26.54$928.9KForm 4
Mar 6, 2026FAHS L READEExecutive ChairmanSale11,672$29.58$345.2KForm 4
Sep 16, 2025FAHS L READEExecutive ChairmanSale10,598$23.93$253.6KForm 4
Sep 15, 2025FAHS L READEExecutive ChairmanSale2,002$23.81$47.7KForm 4
Aug 28, 2025FAHS L READEExecutive ChairmanSale137,400$24.33$3.3MForm 4
May 14, 2025Molony MeganSVP, CHIEF MERCH. & MC OFFICERSale3,900$18.90$73.7KForm 4
May 13, 2025Acharya RaviSVP, Chief Technology OfficerSale12,000$18.76$225.1KForm 4
Mar 1, 2025VanDette JosephChief Brand & Mktg OfficerSale1,179$12.71$15.0KForm 4
Aug 23, 2024Moore Patrick R.Interim CFOSale17,661$10.52$185.8KForm 4
Aug 13, 2024PEELER D RANDOLPHDirectorBuy25,000$10.57$264.2KForm 4
Aug 12, 2024Hepner Virginia ADirectorBuy1,000$10.37$10.4KForm 4
May 13, 2024FAHS L READEExecutive ChairmanBuy20,000$14.96$299.2KForm 4
May 10, 2024PEELER D RANDOLPHDirectorBuy34,000$14.45$491.3KForm 4
May 23, 2023PEELER D RANDOLPHDirectorBuy17,609$25.73$453.1KForm 4
May 22, 2023PEELER D RANDOLPHDirectorBuy22,861$25.59$585.0KForm 4
May 17, 2023TAYLOR THOMAS VDirectorBuy2,079$24.04$50.0KForm 4
May 15, 2023FAHS L READEExecutive ChairmanBuy12,625$23.81$300.6KForm 4
Jan 4, 2023Acharya RaviSVP, Chief Technology OfficerSale1,394$40.00$55.8KForm 4
May 13, 2022Hepner Virginia ADirectorBuy1,000$25.71$25.7KForm 4

All 25 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.12,114,392$230.3M0.0%+578,754
Wellington Management Group Llp7,669,853$145.8M0.0%+2,173,887
Vanguard Portfolio Management LLC5,432,564$103.3M0.0%−314,419
William Blair Investment Management, LLC4,747,422$90.2M0.3%+521,656
Fmr LLC4,070,392$77.4M0.0%+2,979,948
Engine Capital Management, LP3,520,944$66.9M6.5%+3,511,406
State Street Corp3,465,157$65.9M0.0%+287,081
Vanguard Capital Management LLC3,400,130$64.6M0.0%−37,737
Dimensional Fund Advisors LP3,384,805$64.3M0.0%+322,614
Ameriprise Financial Inc3,148,704$59.9M0.0%+1,849,624
Glenview Capital Management, LLC3,101,083$59.0M1.2%+1,535,166
Boston Partners2,247,894$42.7M0.0%+823,951
Geode Capital Management, LLC2,128,656$40.5M0.0%−65,254
Victory Capital Management Inc2,059,949$39.2M0.0%+255,370
Arrowstreet Capital, Limited Partnership2,016,341$38.3M0.0%−390,706
Emerald Advisers, LLC2,006,691$38.1M0.9%+504,047
American Century Companies Inc1,926,213$36.6M0.0%−1,298,286
Divisadero Street Capital Management, LP1,899,450$36.1M0.8%+1,203,418
Morgan Stanley1,693,383$32.2M0.0%+480,148
Invesco Ltd.1,669,705$31.7M0.0%+464,873
Jupiter Asset Management Ltd1,461,115$27.8M0.1%+18,059
Goldman Sachs Group Inc1,377,215$26.2M0.0%+516,960
Emerald Mutual Fund Advisers Trust1,298,228$24.7M0.9%+360,688
Charles Schwab Investment Management Inc1,214,497$23.1M0.0%−81,623
Scopus Asset Management, L.P.1,110,000$21.1M0.5%New

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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