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Stocks Comparison

Alcon vs Innovative Eyewear: revenue, profit, margins and growth compared

Alcon brought in $10.4B of revenue in fiscal 2025, Innovative Eyewear $2.7M in fiscal 2025. Revenue changed by +4.9% at Alcon and +62.6% at Innovative Eyewear on the year before, so Innovative Eyewear grew faster. Alcon kept 9.4% of its revenue as net profit, Innovative Eyewear -285.2%. Free cash flow was $1.7B at Alcon and -$7.3M at Innovative Eyewear.

Side by side, latest fiscal year

ALCLUCY
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$10.4B$2.7M
Revenue growth+4.9%+62.6%
Net income$980M-$7.6M
Net margin9.4%-285.2%
Free cash flow$1.7B-$7.3M
Free cash flow margin16.6%-276.1%
Earnings per share (diluted)$1.98-$1.90
Cash$1.5B$6.5M
Debt$4.7Bn/a
Price to earningsn/an/a
Market value$32.2B$8.2M
Dividend yieldn/an/a
Rank by revenue in sector#45 of 646 · Health care#535 of 646 · Health care

Over the years

Revenue
ALC FY2019: $7.2BALC FY2019: $7.5BALC FY2020: $6.8BALC FY2021: $8.3BALC FY2022: $8.7BALC FY2023: $9.5BALC FY2024: $9.9BALC FY2025: $10.4BLUCY FY2022: $690.7KLUCY FY2022: $659.8KLUCY FY2023: $1.2MLUCY FY2024: $1.6MLUCY FY2025: $2.7MFY19FY20FY21FY22FY23FY24FY25
ALC $10.4BLUCY $2.7M
Net income
ALC FY2019: -$227MALC FY2019: -$656MALC FY2020: -$531MALC FY2021: $376MALC FY2022: $335MALC FY2023: $974MALC FY2024: $1BALC FY2025: $980MLUCY FY2022: -$3.2MLUCY FY2022: -$5.7MLUCY FY2023: -$6.7MLUCY FY2024: -$7.8MLUCY FY2025: -$7.6MFY19FY20FY21FY22FY23FY24FY25
ALC $980MLUCY -$7.6M
Net margin
ALC FY2019: -3.2%ALC FY2019: -8.7%ALC FY2020: -7.8%ALC FY2021: 4.5%ALC FY2022: 3.8%ALC FY2023: 10.3%ALC FY2024: 10.3%ALC FY2025: 9.4%LUCY FY2022: -469.8%LUCY FY2022: -861.2%LUCY FY2023: -578.2%LUCY FY2024: -474.6%LUCY FY2025: -285.2%FY19FY20FY21FY22FY23FY24FY25
ALC 9.4%LUCY -285.2%
Revenue growth
ALC FY2019: +5.0%ALC FY2020: -9.0%ALC FY2021: +21.3%ALC FY2022: +5.1%ALC FY2023: +8.5%ALC FY2024: +4.8%ALC FY2025: +4.9%LUCY FY2022: -4.5%LUCY FY2023: +74.7%LUCY FY2024: +42.0%LUCY FY2025: +62.6%FY19FY20FY21FY22FY23FY24FY25
ALC +4.9%LUCY +62.6%
Free cash flow
ALC FY2019: $616MALC FY2019: $367MALC FY2020: $344MALC FY2021: $645MALC FY2022: $581MALC FY2023: $730MALC FY2024: $1.6BALC FY2025: $1.7BLUCY FY2022: -$1.2MLUCY FY2022: -$3.3MLUCY FY2023: -$5.8MLUCY FY2024: -$6.8MLUCY FY2025: -$7.3MFY19FY20FY21FY22FY23FY24FY25
ALC $1.7BLUCY -$7.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Alcon and Innovative Eyewear

Which is bigger by revenue, Alcon or Innovative Eyewear?

Alcon is bigger by revenue: $10.4B in fiscal 2025, against $2.7M for Innovative Eyewear in fiscal 2025.

Which keeps more of its revenue as profit, Alcon or Innovative Eyewear?

Alcon had a net margin of 9.4% in fiscal 2025; Innovative Eyewear had -285.2% in fiscal 2025.

Which grew revenue faster, Alcon or Innovative Eyewear?

In their latest fiscal years revenue changed by +4.9% at Alcon and +62.6% at Innovative Eyewear.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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