National Vision Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Jan '21 Jan 2, 2021
Revenue	1,921	1,823	1,756	1,645	2,080	1,712
Revenue Growth (YoY)	6.33%	3.81%	6.79%	-20.91%	21.49%	-0.73%
Cost of Revenue	793.76	764.06	734.66	667.67	904.78	793.22
Gross Profit	1,128	1,059	1,022	977.01	1,175	918.54
Selling, General & Admin	982.82	933.61	902.36	831.81	898.5	720.09
Other Operating Expenses	-0.2	-0.1	-0.1	-2.55	-0.11	-0.45
Operating Expenses	1,073	1,025	992.73	918.75	996.28	811.93
Operating Income	54.14	34.01	28.99	58.27	178.46	106.61
Interest Expense	-17.53	-16.18	-14.34	-0.46	-25.61	-48.33
EBT Excluding Unusual Items	36.62	17.82	14.65	57.8	152.85	58.28
Merger & Restructuring Charges	-2.97	-0.07	-1.8	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	2.4	-
Asset Writedown	-22.65	-39.85	-2.7	-5.5	-4.43	-22
Legal Settlements	-1.9	-4.45	-	-	-	-
Other Unusual Items	-	0.86	-0.6	-	-1.5	2.4
Pretax Income	9.1	-25.68	9.55	52.3	149.33	38.68
Income Tax Expense	12.25	1.48	6.01	15.55	21.08	2.4
Earnings From Continuing Operations	-3.15	-27.17	3.55	36.76	128.24	36.28
Earnings From Discontinued Operations	0.85	-1.33	-69.45	5.36	-	-
Net Income	-2.31	-28.5	-65.9	42.12	128.24	36.28
Net Income to Common	-2.31	-28.5	-65.9	42.12	128.24	36.28
Net Income Growth	-	-	-	-67.16%	253.51%	10.61%
Shares Outstanding (Basic)	79	79	78	80	82	81
Shares Outstanding (Diluted)	79	79	79	80	96	83
Shares Change (YoY)	0.65%	-0.01%	-2.12%	-16.47%	16.11%	1.36%
EPS (Basic)	-0.03	-0.36	-0.84	0.53	1.57	0.45
EPS (Diluted)	-0.03	-0.37	-0.84	0.53	1.43	0.44
EPS Growth	-	-	-	-63.23%	225.60%	10.00%
Free Cash Flow	82.96	38.14	58.26	5.65	163.42	158.16
Free Cash Flow Per Share	1.05	0.48	0.74	0.07	1.70	1.91
Gross Margin	58.69%	58.09%	58.17%	59.40%	56.49%	53.66%
Operating Margin	2.82%	1.86%	1.65%	3.54%	8.58%	6.23%
Profit Margin	-0.12%	-1.56%	-3.75%	2.56%	6.17%	2.12%
Free Cash Flow Margin	4.32%	2.09%	3.32%	0.34%	7.86%	9.24%
EBITDA	144.57	125.36	118.86	146.96	275.55	198.2
EBITDA Margin	7.52%	6.88%	6.77%	8.94%	13.25%	11.58%
D&A For EBITDA	90.43	91.35	89.87	88.69	97.09	91.59
EBIT	54.14	34.01	28.99	58.27	178.46	106.61
EBIT Margin	2.82%	1.86%	1.65%	3.54%	8.58%	6.23%
Effective Tax Rate	134.67%	-	62.88%	29.72%	14.12%	6.21%
Revenue as Reported	1,921	1,823	1,756	1,645	2,080	1,712

Source: S&P Global Market Intelligence. Standard template. Financial Sources.