Innovative Eyewear Reports Record Third Quarter Sales Growth
News related to:Innovative Eyewear, Inc · 2 min read
MIAMI, Oct. 6, 2026 /CourierPR/ -- Innovative Eyewear, Inc., the developer and manufacturer of smart eyewear under the Lucyd®, Lucyd Armor®, Reebok®, Nautica®, and Eddie Bauer® brands, reported preliminary unaudited net sales of approximately $1.04 million for the third quarter ended September 30, 2026, marking a 55% increase over the same period in 2025. This figure represents the highest quarterly net sales in the company's history, coming on top of a 163% year-over-year increase in Q3 2025.
The company has experienced a consistent growth trajectory, with the third quarter marking the thirteenth consecutive quarter of year-over-year revenue growth. For the nine months ended September 30, 2026, net sales were approximately $2.8 million, a 66% increase over the nine months ended September 30, 2025. These sales already exceed the company's net sales of $2.66 million for the full year ended December 31, 2025. Historically, the fourth quarter is the strongest quarter of the year for Innovative Eyewear.
The third quarter's growth was driven by a 25% increase in direct-to-consumer and online marketplace sales, alongside the first shipments under the company's new wholesale programs. These programs are expected to have a more meaningful effect on net sales beginning in the fourth quarter of 2026 and into 2027.
In terms of wholesale and international expansion, the company has made significant strides. In the United States, Innovative Eyewear received and shipped an initial purchase order from one of the largest big-box retailers in the U.S. for its Lucyd Armor® rollout. The retailer plans to offer the products in more than 150 of its stores nationwide, with in-store sales expected to begin in October 2026. The newly launching locations have been added to the Lucyd.co store locator, with product expected to be available at these locations this month.
In Canada, the company commenced a retail launch with FYihealth Group, operator of the FYidoctors, Visique, and Solis optical clinic networks. Product placement is underway across approximately 345 locations. The Company shipped initial stock and in-store demonstration units to the network in July, and subsequent restocks have begun shipping.
In Australia and New Zealand, Directed Electronics, the company's exclusive distributor for these regions, received initial purchase orders for more than 3,000 smart eyewear units. The orders are expected to ship in October 2026 and are not included in third quarter net sales. Directed Electronics, with more than 20 years of experience bringing international consumer electronics brands to market, is well-positioned to drive growth in these markets.
The preliminary net sales figures in this press release are estimates based on information available to management as of the date of this release. They are unaudited and remain subject to completion of the Company's quarter-end financial close procedures and of the review of its interim financial statements by its independent registered public accounting firm. That firm has not audited, reviewed, compiled, or performed any procedures with respect to these preliminary figures and does not express an opinion or any other form of assurance on them. Actual results may differ materially from these preliminary estimates. The Company expects to report its full third quarter 2026 financial results in mid-November 2026 with the filing of its Quarterly Report on Form 10-Q.