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Side-by-side financial comparison of Bausch & Lomb Corp (BLCO) and Innovative Eyewear Inc (LUCY). Click either name above to swap in a different company.

Bausch & Lomb Corp is the larger business by last-quarter revenue ($1.4B vs $959.8K, roughly 1463.8× Innovative Eyewear Inc). Bausch & Lomb Corp runs the higher net margin — -4.1% vs -194.8%, a 190.7% gap on every dollar of revenue. On growth, Innovative Eyewear Inc posted the faster year-over-year revenue change (39.0% vs 9.8%). Bausch & Lomb Corp produced more free cash flow last quarter ($60.0M vs $-1.4M). Over the past eight quarters, Innovative Eyewear Inc's revenue compounded faster (58.2% CAGR vs 13.1%).

Bausch & Lomb is an American-Canadian eye health products company based in Vaughan, Ontario, Canada. It is one of the world's largest suppliers of contact lenses, lens care products, pharmaceuticals, intraocular lenses, and other eye surgery products. The company was founded in Rochester, New York, in 1853 by optician John Bausch and cabinet maker turned financial backer Henry Lomb. Until its sale in 2013, Bausch + Lomb was one of the oldest continually operating companies in the United States.

General Eyewear is a London-based eyewear company and brand. The company was founded in the late 1990s by Fraser Laing. Originally under the name Arckiv, it produced its own original eyewear designs and had a particular specialism in vintage eyewear.

BLCO vs LUCY — Head-to-Head

Bigger by revenue
BLCO
BLCO
1463.8× larger
BLCO
$1.4B
$959.8K
LUCY
Growing faster (revenue YoY)
LUCY
LUCY
+29.2% gap
LUCY
39.0%
9.8%
BLCO
Higher net margin
BLCO
BLCO
190.7% more per $
BLCO
-4.1%
-194.8%
LUCY
More free cash flow
BLCO
BLCO
$61.4M more FCF
BLCO
$60.0M
$-1.4M
LUCY
Faster 2-yr revenue CAGR
LUCY
LUCY
Annualised
LUCY
58.2%
13.1%
BLCO

Income Statement — Q4 2025 vs Q4 2025

Metric
BLCO
BLCO
LUCY
LUCY
Revenue
$1.4B
$959.8K
Net Profit
$-58.0M
$-1.9M
Gross Margin
12.0%
Operating Margin
8.0%
Net Margin
-4.1%
-194.8%
Revenue YoY
9.8%
39.0%
Net Profit YoY
-1833.3%
12.0%
EPS (diluted)
$-0.16
$-0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BLCO
BLCO
LUCY
LUCY
Q4 25
$1.4B
$959.8K
Q3 25
$1.3B
$668.1K
Q2 25
$1.3B
$579.2K
Q1 25
$1.1B
$454.5K
Q4 24
$1.3B
$690.7K
Q3 24
$1.2B
$253.6K
Q2 24
$1.2B
$308.7K
Q1 24
$1.1B
$383.5K
Net Profit
BLCO
BLCO
LUCY
LUCY
Q4 25
$-58.0M
$-1.9M
Q3 25
$-28.0M
$-1.8M
Q2 25
$-62.0M
$-2.1M
Q1 25
$-212.0M
$-1.8M
Q4 24
$-3.0M
$-2.1M
Q3 24
$4.0M
$-1.7M
Q2 24
$-151.0M
$-1.9M
Q1 24
$-167.0M
$-2.0M
Gross Margin
BLCO
BLCO
LUCY
LUCY
Q4 25
12.0%
Q3 25
36.6%
Q2 25
-2.2%
Q1 25
48.5%
Q4 24
13.6%
Q3 24
23.4%
Q2 24
17.9%
Q1 24
1.8%
Operating Margin
BLCO
BLCO
LUCY
LUCY
Q4 25
8.0%
Q3 25
7.4%
Q2 25
-0.9%
Q1 25
-7.3%
Q4 24
6.8%
Q3 24
3.6%
Q2 24
2.1%
Q1 24
0.5%
Net Margin
BLCO
BLCO
LUCY
LUCY
Q4 25
-4.1%
-194.8%
Q3 25
-2.2%
-274.8%
Q2 25
-4.9%
-363.6%
Q1 25
-18.6%
-391.4%
Q4 24
-0.2%
-307.8%
Q3 24
0.3%
-678.5%
Q2 24
-12.4%
-631.2%
Q1 24
-15.2%
-514.1%
EPS (diluted)
BLCO
BLCO
LUCY
LUCY
Q4 25
$-0.16
$-0.14
Q3 25
$-0.08
$-0.38
Q2 25
$-0.18
$-0.66
Q1 25
$-0.60
$-0.72
Q4 24
$-0.00
$0.26
Q3 24
$0.01
$-0.99
Q2 24
$-0.43
$-1.87
Q1 24
$-0.48
$-2.59

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BLCO
BLCO
LUCY
LUCY
Cash + ST InvestmentsLiquidity on hand
$383.0M
$6.5M
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$6.4B
$9.1M
Total Assets
$14.0B
$10.1M
Debt / EquityLower = less leverage
0.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLCO
BLCO
LUCY
LUCY
Q4 25
$383.0M
$6.5M
Q3 25
$310.0M
$6.7M
Q2 25
$266.0M
$7.6M
Q1 25
$202.0M
$5.3M
Q4 24
$305.0M
$2.6M
Q3 24
$329.0M
$4.5M
Q2 24
$285.0M
$5.9M
Q1 24
$315.0M
$2.6M
Total Debt
BLCO
BLCO
LUCY
LUCY
Q4 25
$5.0B
Q3 25
$5.0B
Q2 25
$5.0B
Q1 25
$4.8B
Q4 24
$4.8B
Q3 24
$4.6B
Q2 24
$4.6B
Q1 24
$4.6B
Stockholders' Equity
BLCO
BLCO
LUCY
LUCY
Q4 25
$6.4B
$9.1M
Q3 25
$6.4B
$10.3M
Q2 25
$6.4B
$11.3M
Q1 25
$6.4B
$7.5M
Q4 24
$6.5B
$9.1M
Q3 24
$6.6B
$10.9M
Q2 24
$6.5B
$7.3M
Q1 24
$6.7B
$3.9M
Total Assets
BLCO
BLCO
LUCY
LUCY
Q4 25
$14.0B
$10.1M
Q3 25
$13.8B
$11.2M
Q2 25
$13.8B
$11.9M
Q1 25
$13.4B
$7.9M
Q4 24
$13.5B
$9.8M
Q3 24
$13.5B
$11.6M
Q2 24
$13.3B
$7.9M
Q1 24
$13.3B
$4.8M
Debt / Equity
BLCO
BLCO
LUCY
LUCY
Q4 25
0.78×
Q3 25
0.77×
Q2 25
0.77×
Q1 25
0.76×
Q4 24
0.74×
Q3 24
0.70×
Q2 24
0.71×
Q1 24
0.69×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BLCO
BLCO
LUCY
LUCY
Operating Cash FlowLast quarter
$136.0M
$-1.4M
Free Cash FlowOCF − Capex
$60.0M
$-1.4M
FCF MarginFCF / Revenue
4.3%
-142.5%
Capex IntensityCapex / Revenue
5.4%
1.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-66.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLCO
BLCO
LUCY
LUCY
Q4 25
$136.0M
$-1.4M
Q3 25
$137.0M
$-1.5M
Q2 25
$35.0M
$-2.1M
Q1 25
$-25.0M
$-2.3M
Q4 24
$22.0M
$-1.9M
Q3 24
$154.0M
$-1.4M
Q2 24
$15.0M
$-1.9M
Q1 24
$41.0M
$-1.5M
Free Cash Flow
BLCO
BLCO
LUCY
LUCY
Q4 25
$60.0M
$-1.4M
Q3 25
$63.0M
$-1.5M
Q2 25
$-54.0M
Q1 25
$-135.0M
$-2.4M
Q4 24
$-70.0M
$-2.0M
Q3 24
$94.0M
Q2 24
$-57.0M
$-1.9M
Q1 24
$-26.0M
$-1.5M
FCF Margin
BLCO
BLCO
LUCY
LUCY
Q4 25
4.3%
-142.5%
Q3 25
4.9%
-226.3%
Q2 25
-4.2%
Q1 25
-11.9%
-517.4%
Q4 24
-5.5%
-285.2%
Q3 24
7.9%
Q2 24
-4.7%
-626.1%
Q1 24
-2.4%
-391.1%
Capex Intensity
BLCO
BLCO
LUCY
LUCY
Q4 25
5.4%
1.8%
Q3 25
5.8%
2.2%
Q2 25
7.0%
0.0%
Q1 25
9.7%
8.9%
Q4 24
7.2%
3.8%
Q3 24
5.0%
0.0%
Q2 24
5.9%
1.1%
Q1 24
6.1%
8.4%
Cash Conversion
BLCO
BLCO
LUCY
LUCY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
38.50×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BLCO
BLCO

Overthe Counter Products$489.0M35%
Pharmaceuticals$378.0M27%
Other$263.0M19%
Surgical$249.0M18%
Brandedand Other Generic Products$14.0M1%
Other Revenues$3.0M0%
Pharmaceutical Products$2.0M0%

LUCY
LUCY

Segment breakdown not available.

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