Innovative Eyewear Q2 FY26 net loss narrows 21% to $1.67 million; revenue rises 74% to $1.01 million

Reuters2026/08/14 15:45

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Innovative Eyewear posted Q2 net revenue of $1.01 million, up 74% year over year, topping $1 million quarterly for the first time.
Gross profit swung to $242,515 from a gross loss, lifting gross margin to 24% from (2)% on tariff mitigation actions.
Net loss narrowed 21% to $1.67 million; operating expenses fell 10% to $1.95 million on lower R&D and G&A.
Lucyd Armor unit sales more than doubled to about 4,700; Reebok smartglasses volume rose to over 1,600 units.
CEO Harrison Gross said momentum accelerated; retail expansion includes a 345-clinic Canada rollout and a 183-store U.S. test starting October.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Innovative Eyewear Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608141145PR_NEWS_USPR_____FL26705) on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Innovative Eyewear Q2 FY26 net loss narrows 21% to $1.67 million; revenue rises 74% to $1.01 million

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