Innovative Eyewear, Inc. (LUCY) Revenue History
Annual and quarterly revenue from 2019 to 2024
Compound Annual Growth Rate (CAGR)
Loading revenue history...
LUCY Revenue Growth
LUCY Revenue Analysis (2019–2024)
As of May 8, 2026, Innovative Eyewear, Inc. (LUCY) generated trailing twelve-month (TTM) revenue of $2.4 million, reflecting explosive growth of +163.5% year-over-year. The most recent quarter (Q3 2025) recorded $668,128 in revenue, up 15.3% sequentially.
Looking at the longer-term picture, LUCY's 5-year compound annual growth rate (CAGR) stands at +220.7%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $1.6 million in 2024, representing a new all-time high.
When compared to Healthcare sector peers including VSCO (+3.0% YoY), LSCC (+17.4% YoY), and CLPS (+0.9% YoY), LUCY has outperformed the peer group in terms of revenue growth. Compare LUCY vs VSCO →
LUCY Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| LUCYCurrent | $2M | +163.5% | +220.7% | -484.2% | |
 VSCO | $6.2B | +3.0% | -3.7% | 5.0% | |
 LSCC | $523M | +17.4% | +5.1% | 2.9% | |
 CLPS | $164M | +0.9% | +13.0% | -4.0% | |
 SMPL | $1.5B | +6.3% | +12.2% | 15.1% | |
 PRPH | $7M | -91.6% | -7.3% | -570.6% |
LUCY Historical Revenue Data (2019–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $1.6M | +42.0% | $215K | 13.1% | $-7,923,702 | -484.2% |
| 2023 | $1.2M | +74.7% | $-119,329 | -10.4% | $-6,855,542 | -594.9% |
| 2022 | $660K | -4.5% | $-56,289 | -8.5% | $-5,576,662 | -845.2% |
| 2021 | $691K | +1111.8% | $148K | 21.5% | $-3,205,073 | -464.1% |
| 2020 | $57K | +1082.3% | $-17,269 | -30.3% | $-653,009 | -1145.7% |
| 2019 | $5K | - | $-2,914 | -60.4% | $-109,427 | -2269.8% |
See LUCY's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs LUCY Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare LUCY vs DBVT
Side-by-side business, growth, and profitability comparison vs DBV Technologies S.A..
Start ComparisonLUCY — Frequently Asked Questions
Quick answers to the most common questions about buying LUCY stock.
Is LUCY's revenue growth accelerating or slowing?
LUCY revenue is accelerating at +163.5% year-over-year, exceeding the 5-year CAGR of +220.7%. TTM revenue reached $2M. Growth momentum has increased versus prior periods.
What is LUCY's long-term revenue growth rate?
Innovative Eyewear, Inc.'s 5-year revenue CAGR of +220.7% reflects the sustained expansion pattern. Current YoY growth of +163.5% is above this long-term average.
How is LUCY's revenue distributed by segment?
LUCY reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2024 are available for download. Segment mix reveals concentration and diversification trends.