Innovative Eyewear Inc. reported unaudited financial results for the third quarter of 2025, with net revenue of $668,128, an increase of 163% from the same quarter in 2024. Year-to-date net revenue for the nine months ended September 30, 2025, was $1,701,859, up 80% compared to the prior year period. The company posted a net loss of $1.8 million, or $0.38 per share, in the third quarter of 2025, compared to a net loss of $1.7 million, or $0.99 per share, in the same period in 2024. For the nine-month period, net loss was $5.7 million, or $1.62 per share, versus $5.6 million, or $4.78 per share, in the comparable period in 2024. Gross profit margins increased by 14% year over year. In the third quarter, sales growth was driven primarily by Lucyd Armor smart safety glasses and the Reebok Powered by Lucyd collection. Other operating expenses rose by 19% in the quarter, mainly due to higher sales and marketing expenses. The company announced milestones supporting future international expansion and increased investment in influencer marketing, trade shows, and sales and marketing team growth.
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: FL23105) on November 13, 2025, and is solely responsible for the information contained therein.
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