National Vision Reports Q4 2025 Revenue of $336.1 Million, Sees Modest Growth in 2026

National Vision, Inc. (EYE) delivered consistent financial performance in the fourth quarter of 2025, reporting consolidated revenue of $336.1 million, up 2.3% compared to $328.5 million in the same period the prior year. The improvement was primarily fueled by a 3.1% increase in same-store sales within its optical retail operations, supported by strong demand for prescription eyewear and expanded service offerings across company-owned and franchised locations. The company’s adjusted EBITDA for the quarter reached $62.8 million, reflecting a margin of 18.7%, consistent with the previous year. National Vision also highlighted a 12% year-over-year rise in digital channel revenue, indicating continued success in its e-commerce strategy. Total store count stood at 1,234 as of December 31, 2025, with 21 new company-owned locations opened during the quarter and 17 franchise units added. For fiscal year 2026, National Vision reaffirmed its revenue guidance, projecting a range of $1.35 billion to $1.37 billion, representing a 3% to 4% increase from 2025’s reported revenue of $1.33 billion. The company anticipates adjusted EBITDA to be between $245 million and $250 million, with capital expenditures expected to remain in the $65 million to $70 million range. Management cited ongoing cost discipline, strategic store optimization, and continued investment in digital capabilities as key drivers. The stock, trading under the symbol EYE, saw no significant movement in after-hours trading following the release, reflecting the market's expectation of steady but not transformative performance. Analysts noted the results were in line with consensus estimates, with no material changes to earnings outlook or long-term strategy.