Innovative Eyewear, Inc. (LUCY) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 773.56K | 959.81K | 668.13K | 579.23K | 454.5K | 690.69K | 253.6K | 308.68K | 383.47K | 615.75K | 221.88K | 169.93K | 144.92K | 67.07K | 151.96K | 204.74K | 236.02K | 275.49K | 171.03K | 127.03K |
| Revenue Growth % | 70.2% | 38.96% | 163.46% | 87.65% | 18.52% | 12.17% | 14.3% | 81.65% | 164.61% | 818.1% | 46.01% | -17% | -38.6% | -75.65% | -11.15% | 61.18% | 101.51% | 1077.03% | - | - |
| Cost of Goods Sold | 598.12K | 845.06K | 423.29K | 591.89K | 233.97K | 596.97K | 194.25K | 253.51K | 376.52K | 795.9K | 141.53K | 199.75K | 134.63K | 263.86K | 129.09K | 161.49K | 161.63K | 210.04K | 130.22K | 94.37K |
| COGS % of Revenue | 77.32% | 88.04% | 63.35% | 102.19% | 51.48% | 86.43% | 76.6% | 82.13% | 98.19% | 129.26% | 63.79% | 117.55% | 92.9% | 393.42% | 84.95% | 78.88% | 68.48% | 76.24% | 76.14% | 74.29% |
| Gross Profit | 175.44K | 114.75K | 244.84K | -12.66K | 220.53K | 93.72K | 59.34K | 55.18K | 6.95K | -180.15K | 80.34K | -29.82K | 10.29K | -196.79K | 22.86K | 43.25K | 74.39K | 65.45K | 40.81K | 32.66K |
| Gross Margin % | 22.68% | 11.96% | 36.65% | -2.19% | 48.52% | 13.57% | 23.4% | 17.87% | 1.81% | -29.26% | 36.21% | -17.55% | 7.1% | -293.42% | 15.05% | 21.12% | 31.52% | 23.76% | 23.86% | 25.71% |
| Gross Profit Growth % | -20.45% | 22.44% | 312.57% | -122.95% | 3072.68% | 152.02% | -26.14% | 285.06% | -32.46% | 8.46% | 251.38% | -168.94% | -86.17% | -400.69% | -43.97% | 32.43% | 696.47% | 507.06% | - | - |
| Operating Expenses | 2.55M | 2.61M | 2.17M | 2.16M | 2.12M | 2.27M | 1.82M | 2.03M | 2.02M | 2.36M | 1.68M | 1.3M | 1.44M | 1.68M | 1.39M | 1.19M | 1.26M | 1.45M | 1.13M | 550.46K |
| OpEx % of Revenue | 329.28% | 272.35% | 324.14% | 372.63% | 467.4% | 328.14% | 718.22% | 657.48% | 527.17% | 383.33% | 755.89% | 767.66% | 993.12% | 2504.34% | 913.79% | 581.03% | 534.94% | 524.56% | 661.91% | 433.34% |
| Selling, General & Admin | 806K | 2.5M | 2M | 1.86M | 1.88M | 2.02M | 1.69M | 1.77M | 1.81M | 2.24M | 1.45M | 1.07M | 1.25M | 1.55M | 1.05M | 1.1M | 1.19M | 1.37M | 1.1M | 496.36K |
| SG&A % of Revenue | 104.19% | 260.2% | 299.45% | 320.28% | 413.37% | 291.95% | 666.42% | 574.29% | 470.76% | 363.7% | 653.27% | 630.85% | 864.66% | 2308.07% | 690.25% | 538.27% | 504.94% | 497.28% | 641.9% | 390.75% |
| Research & Development | 138.11K | 116.6K | 129.98K | 268.22K | 210.58K | 214.91K | 131.37K | 256.8K | 216.3K | 120.84K | 192.7K | 197.48K | 151.17K | 131.63K | 304.69K | 52.56K | 35.81K | 50.14K | 9.22K | 19.13K |
| R&D % of Revenue | 17.85% | 12.15% | 19.45% | 46.31% | 46.33% | 31.12% | 51.8% | 83.19% | 56.41% | 19.62% | 86.85% | 116.21% | 104.31% | 196.27% | 200.51% | 25.67% | 15.17% | 18.2% | 5.39% | 15.06% |
| Other Operating Expenses | 1000K | 0 | 35K | 35K | 35K | 35K | 0 | 0 | 0 | 0 | 35K | 35K | 35K | 0 | 35K | 35K | 35K | 25K | 25K | 34.98K |
| Operating Income | -2.37M | -2.5M | -1.92M | -2.17M | -1.9M | -2.17M | -1.76M | -1.97M | -2.01M | -2.54M | -1.6M | -1.33M | -1.43M | -1.88M | -1.37M | -1.15M | -1.19M | -1.38M | -1.09M | -517.8K |
| Operating Margin % | -306.6% | -260.39% | -287.49% | -374.82% | -418.88% | -314.57% | -694.82% | -639.61% | -525.36% | -412.58% | -719.68% | -785.21% | -986.02% | -2797.76% | -898.75% | -559.91% | -503.42% | -500.8% | -638.05% | -407.63% |
| Operating Income Growth % | -24.58% | -15.03% | -9.01% | -9.96% | 5.5% | 14.48% | -10.35% | -47.97% | -40.98% | -35.39% | -16.92% | -16.39% | -20.26% | -36.01% | -25.15% | -121.39% | -449.18% | -559.41% | - | - |
| EBITDA | -2.34M | -2.47M | -1.89M | -2.13M | -1.87M | -2.13M | -1.73M | -1.93M | -1.99M | -2.52M | -1.58M | -1.3M | -1.41M | -1.86M | -1.36M | -1.14M | -1.18M | -1.38M | -1.09M | -514.32K |
| EBITDA Margin % | -302.84% | -256.94% | -283.23% | -367.94% | -411.42% | -308.74% | -681.47% | -624.78% | -517.67% | -409.46% | -711.02% | -767.24% | -974.8% | -2778.46% | -893.78% | -556.81% | -501% | -500.27% | -636.45% | -404.89% |
| EBITDA Growth % | -25.28% | -15.65% | -9.5% | -10.51% | 5.8% | 15.42% | -9.55% | -47.92% | -40.52% | -35.3% | -16.15% | -14.36% | -19.47% | -35.21% | -24.77% | -121.65% | -456.4% | -561.86% | - | - |
| D&A (Non-Cash Add-back) | 29.12K | 33.12K | 28.47K | 39.88K | 33.87K | 40.28K | 33.86K | 45.77K | 29.47K | 19.23K | 19.23K | 30.53K | 16.26K | 12.94K | 7.55K | 6.36K | 5.72K | 1.46K | 2.73K | 3.48K |
| EBIT | -2.37M | -2.5M | -1.92M | -2.17M | -1.9M | -2.13M | -1.72M | -1.97M | -2.01M | -2.54M | -1.55M | -1.29M | -1.43M | -1.87M | -1.37M | -1.15M | -1.19M | -1.38M | -1.09M | -521.64K |
| Net Interest Income | 0 | 0 | 0 | 0 | 125.09K | 0 | 0 | 0 | 0 | 0 | 0 | -1.1K | -1.94K | -4.03K | -37.88K | -45.39K | -17.88K | -5.78K | -9.5K | -14.96K |
| Interest Income | 0 | 0 | 0 | 0 | 125.09K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.1K | 1.94K | 4.03K | 37.88K | 45.39K | 17.88K | 5.78K | 9.5K | 14.96K |
| Other Income/Expense | 62.4K | 629.15K | 84.56K | 64.98K | 125.09K | 46.56K | 41.39K | 25.96K | 43.28K | 146.8K | 45.69K | 46.49K | -1.86K | -741 | -38.61K | -47.45K | -18.37K | -5.78K | -9.5K | -18.8K |
| Pretax Income | -2.31M | -1.87M | -1.84M | -2.11M | -1.78M | -2.13M | -1.72M | -1.95M | -1.97M | -2.39M | -1.55M | -1.29M | -1.43M | -1.88M | -1.4M | -1.19M | -1.21M | -1.39M | -1.1M | -536.6K |
| Pretax Margin % | -298.54% | -194.84% | -274.84% | -363.6% | -391.35% | -307.83% | -678.5% | -631.2% | -514.07% | -388.74% | -699.09% | -757.85% | -987.3% | -2798.86% | -924.16% | -583.08% | -511.21% | -502.9% | -643.61% | -422.43% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -2.31M | -1.87M | -1.84M | -2.11M | -1.78M | -2.13M | -1.72M | -1.95M | -1.97M | -2.39M | -1.55M | -1.29M | -1.43M | -1.88M | -1.4M | -1.19M | -1.21M | -1.39M | -1.1M | -536.6K |
| Net Margin % | -298.54% | -194.84% | -274.84% | -363.6% | -391.35% | -307.83% | -678.5% | -631.2% | -514.07% | -388.74% | -699.09% | -757.85% | -987.3% | -2798.86% | -924.16% | -583.08% | -511.21% | -502.9% | -643.61% | -422.43% |
| Net Income Growth % | -29.83% | 12.04% | -6.72% | -8.09% | 9.77% | 11.18% | -10.93% | -51.3% | -37.78% | -27.52% | -10.45% | -7.87% | -18.59% | -35.49% | -27.58% | -122.48% | -444.2% | -553.28% | - | - |
| Net Income (Continuing) | -2.31M | -1.87M | -1.84M | -2.11M | -1.78M | -2.13M | -1.72M | -1.95M | -1.97M | -2.39M | -1.55M | -1.29M | -1.43M | -1.88M | -1.4M | -1.19M | -1.21M | -1.39M | -1.1M | -536.6K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.37 | -0.34 | -0.38 | -0.66 | -0.72 | -0.87 | -0.99 | -1.87 | -3.04 | -3.70 | -2.40 | -3.01 | -3.78 | -5.13 | -4.21 | -3.94 | -3.98 | -4.71 | -3.88 | -2.09 |
| EPS Growth % | 48.61% | 60.92% | 61.62% | 64.71% | 76.32% | 76.49% | 58.75% | 37.87% | 19.58% | 27.88% | 42.99% | 23.6% | 5.03% | -8.92% | -8.51% | -88.52% | -290.2% | -348.57% | - | - |
| EPS (Basic) | -0.37 | -0.34 | -0.38 | -0.66 | -0.72 | -0.87 | -0.99 | -1.87 | -3.04 | -3.70 | -2.40 | -3.01 | -3.78 | -5.13 | -4.21 | -3.94 | -3.98 | -4.71 | -3.88 | -2.09 |
| Diluted Shares Outstanding | 6.25M | 5.48M | 4.87M | 3.21M | 1.5M | 2.45M | 1.74M | 1.04M | 647.61K | 647.44K | 645.86K | 428.5K | 378.46K | 365.79K | 333.65K | 303.01K | 303.01K | 294.05K | 283.65K | 256.83K |
| Basic Shares Outstanding | 6.25M | 5.48M | 4.87M | 3.21M | 1.5M | 2.45M | 1.74M | 1.04M | 647.61K | 647.44K | 645.86K | 428.5K | 378.46K | 365.79K | 333.65K | 303.01K | 303.01K | 294.05K | 283.65K | 256.83K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |