Jun 2026 (Q2 FY26) — Aug 12, 2026
National Vision Q2 FY26 — Profitability Surges Amidst Strategic Shift to Higher-Value Customers
Read the full callNational Vision earnings: last reported Wed, 12 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 499 | +2.5% YoY | Quarterly, as filed | Quarter to Jul 2026 | Revenue from operations as filed. |
| Operating margin | 4.3 | +0.9 pts YoY | Operating profit / revenue | Quarter to Jul 2026 | For the quarter; a change is in percentage points. |
| Net profit | 12.4 | +42.3% YoY | Quarterly, as filed | Quarter to Jul 2026 | Profit after tax as filed. |
Price
1Y: $25.81 on 17 Oct 2025 → $17.52. High $29.46 (10 Dec 2025), low $15.44 (5 Jun 2026).
Overview
Call summaries
National Vision Q2 FY26 — Profitability Surges Amidst Strategic Shift to Higher-Value Customers
Read the full callEvery analysed call
Financials
Net profit, year on year: +42% (quarter to jul 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Jan 2026 | Apr 2026 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 452 | 437 | 510 | 486 | 487 | 503 | 544 | 499 |
| Operating profit | -9 | -26 | 26 | 16 | 10 | 7 | 45 | 21 |
| Operating margin | −1.9% | −5.8% | 5.1% | 3.4% | 2.0% | 1.3% | 8.3% | 4.3% |
| Profit before tax | -12 | -30 | 22 | 12 | 5 | 2 | 42 | 18 |
| Tax rate | 30.1% | 2.5% | 34.2% | 28.7% | 38.6% | −38.9% | 26.4% | 30.9% |
| Net profit | -8 | -29 | 14 | 9 | 3 | 3 | 31 | 12 |
| EPS ($ per share) | -0.11 | -0.36 | 0.18 | 0.11 | 0.04 | — | 0.39 | 0.16 |
| Line item | Dec 2018 | Dec 2019 | Jan 2021 | Jan 2022 | Dec 2022 | Dec 2023 | Dec 2024 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 75 | 107 | 143 | 278 | 321 | 255 | 226 | 256 |
| Total liabilities | 918 | 1,256 | 1,427 | 1,367 | 1,390 | 1,343 | 1,191 | 1,114 |
| Fixed assets | 355 | 367 | 341 | 346 | 360 | 360 | 362 | 345 |
| Total assets | 1,661 | 2,033 | 2,333 | 2,293 | 2,291 | 2,173 | 2,008 | 1,984 |
| Line item | Dec 2018 | Dec 2019 | Jan 2021 | Jan 2022 | Dec 2022 | Dec 2023 | Dec 2024 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 107 | 165 | 235 | 259 | 119 | 173 | 134 | 146 |
| Cash from investing | -104 | -101 | -76 | -93 | -111 | -116 | -96 | -77 |
| Cash from financing | 10 | -42 | 176 | -234 | -85 | -137 | -113 | -105 |
| Net cash flow | 13 | 22 | 335 | -68 | -76 | -80 | -76 | -35 |
| Capital expenditure | -104 | -101 | -77 | -96 | -114 | -115 | -96 | -73 |
| Free cash flow | 2 | 64 | 158 | 163 | 6 | 58 | 38 | 73 |
70 filings between Feb 27, 2026 and Sep 8, 2026.
Purchases
$776.0K
1 purchase by 1 insider
Sales
$1.27M
3 sales by 2 insiders
100% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Wilkes Alexander | — | $928.9K | Mar 11, 2026 |
| Nicholson Michael J | $776.0K | — | Jun 5, 2026 |
| FAHS L READE | — | $345.2K | Mar 6, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 8, 2026 | Cutler David G Chief Technology Officer | Tax withheld | 5,110 | $86.9K |
| Sep 8, 2026 | Cutler David G Chief Technology Officer | Option exercise | 12,998 | — |
| Sep 2, 2026 | Moeddel Ana CHIEF MERCH. & MC OFFICER | Tax withheld | 3,114 | $52.4K |
| Sep 2, 2026 | Moeddel Ana CHIEF MERCH. & MC OFFICER | Option exercise | 11,395 | — |
| Aug 19, 2026 | Wilkes Alexander Chief Executive Officer | Tax withheld | 29,884 | $565.4K |
| Aug 19, 2026 | Wilkes Alexander Chief Executive Officer | Option exercise | 61,786 | — |
| Jul 31, 2026 | Wilkes Alexander Chief Executive Officer | Tax withheld | 6,660 | $146.8K |
| Jul 31, 2026 | Wilkes Alexander Chief Executive Officer | Option exercise | 13,768 | — |
| Jul 8, 2026 | Banner Mark President, America's Best | Option exercise | 11,728 | — |
| Jul 8, 2026 | Banner Mark President, America's Best | Tax withheld | 4,964 | $96.4K |
| Jun 17, 2026 | Kelman Naomi Director | Award | 11,350 | $0 |
| Jun 17, 2026 | Johnson Susan S Director | Award | 11,350 | $0 |
| Jun 17, 2026 | Zulla Caitlin Director | Award | 16,258 | $0 |
| Jun 17, 2026 | McGrann James M. Director | Award | 11,350 | $0 |
| Jun 17, 2026 | Nicholson Michael J Director | Award | 11,350 | $0 |
| Jun 17, 2026 | Hepner Virginia A Director | Award | 11,350 | $0 |
| Jun 17, 2026 | OFarrell Susan C Director | Award | 14,571 | $0 |
| Jun 17, 2026 | Armario Jose Director | Award | 16,258 | $0 |
| Jun 5, 2026 | Nicholson Michael J Director | Purchase | 50,000 | $776.0K |
| Apr 29, 2026 | Brandman Jared Chief Legal & Strategy Officer | Tax withheld | 842 | $18.9K |
| Apr 29, 2026 | Brandman Jared Chief Legal & Strategy Officer | Option exercise | 1,890 | — |
| Mar 31, 2026 | Laden Christopher Chief Financial Officer | Option exercise | 26,082 | — |
| Mar 31, 2026 | Laden Christopher Chief Financial Officer | Tax withheld | 9,702 | $251.3K |
| Mar 11, 2026 | Wilkes Alexander Chief Executive Officer | Sale 10b5-1 plan | 35,000 | $928.9K |
| Mar 6, 2026 | VanDette Joseph Chief Brand & Mktg Officer | Option exercise | 8,224 | — |
| Mar 6, 2026 | Clark Bill Chief People Officer | Tax withheld | 2,430 | $67.8K |
| Mar 6, 2026 | Clark Bill Chief People Officer | Option exercise | 8,224 | — |
| Mar 6, 2026 | Brandman Jared Chief Legal & Strategy Officer | Tax withheld | 3,494 | $97.5K |
| Mar 6, 2026 | Brandman Jared Chief Legal & Strategy Officer | Option exercise | 10,279 | — |
| Mar 6, 2026 | VanDette Joseph Chief Brand & Mktg Officer | Tax withheld | 2,430 | $67.8K |
| Mar 6, 2026 | FAHS L READE Executive Chairman | Sale 10b5-1 plan | 7,601 | $224.8K |
| Mar 6, 2026 | FAHS L READE Executive Chairman | Sale 10b5-1 plan | 4,071 | $120.4K |
| Mar 6, 2026 | FAHS L READE Executive Chairman | Tax withheld 10b5-1 plan | 24,419 | $681.3K |
| Mar 6, 2026 | FAHS L READE Executive Chairman | Option exercise 10b5-1 plan | 54,824 | — |
| Mar 6, 2026 | Patel Priti V Head of Emerging Brands | Tax withheld | 2,738 | $76.4K |
| Mar 6, 2026 | Wilkes Alexander Chief Executive Officer | Tax withheld | 13,994 | $390.4K |
| Mar 6, 2026 | Patel Priti V Head of Emerging Brands | Option exercise | 8,224 | — |
| Mar 6, 2026 | Banner Mark President, America's Best | Option exercise | 13,706 | — |
| Mar 6, 2026 | Wilkes Alexander Chief Executive Officer | Option exercise | 27,412 | — |
| Mar 6, 2026 | Banner Mark President, America's Best | Tax withheld | 4,133 | $115.3K |
| Mar 3, 2026 | VanDette Joseph Chief Brand & Mktg Officer | Tax withheld | 2,095 | $55.8K |
| Mar 3, 2026 | VanDette Joseph Chief Brand & Mktg Officer | Option exercise | 6,350 | — |
| Mar 3, 2026 | Clark Bill SVP, Chief People Officer | Tax withheld | 7,502 | $199.8K |
| Mar 3, 2026 | Clark Bill SVP, Chief People Officer | Option exercise | 25,394 | $0 |
| Mar 3, 2026 | Clark Bill SVP, Chief People Officer | Tax withheld | 2,069 | $55.1K |
| Mar 3, 2026 | Clark Bill SVP, Chief People Officer | Option exercise | 6,350 | — |
| Mar 3, 2026 | Brandman Jared Chief Legal & Strategy Officer | Tax withheld | 7,502 | $199.8K |
| Mar 3, 2026 | Brandman Jared Chief Legal & Strategy Officer | Option exercise | 25,394 | $0 |
| Mar 3, 2026 | Brandman Jared Chief Legal & Strategy Officer | Tax withheld | 2,036 | $54.2K |
| Mar 3, 2026 | Brandman Jared Chief Legal & Strategy Officer | Option exercise | 6,350 | — |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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