National Vision

National Vision helps people see clearly with affordable glasses. The company provides eye exams and eyewear in retail stores. Its services help families across the United States see better.

Focus on Core Brands

• America’s Best: Retail stores providing eye exams and glasses; operates 1,057 locations focused on value for lower-to-middle income customers.
• Eyeglass World: Specialty centers carrying designer brands with on-site laboratories; provides same-day service across 122 locations.
• Host Brands: Optical departments located inside Fred Meyer stores and on military bases; consists of 71 total locations as of January 3, 2026.
• E-commerce: Digital platforms including DiscountContacts.com for contact lens and eyewear sales; accounted for 7% of net revenue in 2025.
• Managed Care: Vision care programs provided through insurance and government health plans; represented 42% of 2025 revenues.

Strategic Moves and Partnerships

• Refreshed the National Vision and America’s Best brand identities during fiscal 2025.
• Maintained a long-term supply agreement with EssilorLuxottica for exclusive lens sourcing through May 2028.
• Partnered with CooperVision to offer private label contact lens brands like Sofmed.
• Installed remote telehealth technology in over 800 locations as of January 3, 2026, allowing doctors to conduct eye exams via video.
• Launched a new customer data platform in 2025 to personalize marketing and improve customer retention.

Cutting Costs with Centralized Labs

National Vision operates four domestic laboratories that handle all lens grinding, coating, and edging for its store network. This centralized system uses automated logic to route orders, which reduces production costs and ensures glasses are delivered to customers within ten days.

Tracking the Latest Numbers

• Revenue reached $503.4 million in Q4 2025, up 15.1% from Q4 2024.
• Operating income turned to a $7.8 million profit in Q4 2025, up from a loss the previous year.
• Net income reached $3.3 million in Q4 2025, up 111.6% year-over-year.
• Operating cash flow was $13.2 million in Q4 2025, down 56.5% from the prior year.

Bottom Line

National Vision has evolved from a discount retailer into a technology-enabled optical provider. By integrating remote medicine and a centralized supply chain, the company balances affordable care with a modernized shopping experience.