Innovative Eyewear Inc
NASDAQ:LUCY

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Innovative Eyewear Inc
NASDAQ:LUCY
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Price: 1.06 USD 3.92% Market Closed
Market Cap: $5.7m

Gross Margin

22.8%
Current
Improving
by 25.6%
vs 3-y average of -2.7%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
22.8%
=
Gross Profit
$546.4k
/
Revenue
$2.4m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
22.8%
=
Gross Profit
$546.4k
/
Revenue
$2.4m

Peer Comparison

Country Company Market Cap Gross
Margin
US
Innovative Eyewear Inc
NASDAQ:LUCY
5.5m USD
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JP
Hoya Corp
TSE:7741
9.5T JPY
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US
Medline Inc
NASDAQ:MDLN
58.6B USD
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CH
Alcon AG
SIX:ALC
30B CHF
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DK
Coloplast A/S
CSE:COLO B
110.7B DKK
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US
Align Technology Inc
NASDAQ:ALGN
13.3B USD
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UK
ConvaTec Group PLC
LSE:CTEC
4.7B GBP
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CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
41.4B CNY
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CA
Bausch + Lomb Corp
NYSE:BLCO
6B USD
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CH
Ypsomed Holding AG
SIX:YPSN
4.1B CHF
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KR
HLB Inc
KOSDAQ:028300
6.7T KRW
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Market Distribution

Lower than 78% of companies in the United States of America
Percentile
22nd
Based on 12 729 companies
22nd percentile
22.8%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Innovative Eyewear Inc
Glance View

Market Cap
5.7m USD
Industry
Health Care

Innovative Eyewear, Inc. retails eye glasses online. The company is headquartered in North Miami, Florida and currently employs 9 full-time employees. The company went IPO on 2022-08-12. The firm also offers prescription eyewear and sun protection. Its flagship product, Lucyd Lyte, enables the wearer to listen to music, take and make calls, and use voice assistants to perform smartphone tasks hands-free. The firm owns the rights to the Lucyd brand and the Lyte product line. The firm offers standard frames and titanium frames for non-prescription, polarized sunglass and blue light blocking glasses. The firm offers its products through e-commerce primarily via its Website Lucyd.co and Amazon; and, network of independent eyewear stores.

LUCY Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
22.8%
=
Gross Profit
$546.4k
/
Revenue
$2.4m
What is Innovative Eyewear Inc's current Gross Margin?

The current Gross Margin for Innovative Eyewear Inc is 22.8%, which is above its 3-year median of -2.7%.

How has Gross Margin changed over time?

Over the last 3 years, Innovative Eyewear Inc’s Gross Margin has decreased from 23% to 22.8%. During this period, it reached a low of -37.7% on Jun 30, 2023 and a high of 25.1% on Mar 31, 2025.

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