This page shows Lucyd Inc (LUCY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
For every $1 of reported earnings, Lucyd Inc generates $0.96 in operating cash flow (-$7.3M OCF vs -$7.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Lucyd Inc generated $2.7M in revenue in fiscal year 2025. This represents an increase of 62.6% from the prior year.
Lucyd Inc reported -$7.6M in net income in fiscal year 2025. This represents an increase of 2.3% from the prior year.
Lucyd Inc earned $-1.90 per diluted share (EPS) in fiscal year 2025. This represents an increase of 63.4% from the prior year.
Cash & Balance Sheet
Lucyd Inc generated -$7.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 8.0% from the prior year.
Lucyd Inc had 6M shares outstanding in fiscal year 2025. This represents an increase of 156.9% from the prior year.
Margins & Returns
Lucyd Inc's gross margin was 21.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 8.2 percentage points from the prior year.
Lucyd Inc's net profit margin was -285.2% in fiscal year 2025, showing the share of revenue converted to profit. This is up 189.4 percentage points from the prior year.
Capital Allocation
Lucyd Inc invested $725K in research and development in fiscal year 2025. This represents a decrease of 11.5% from the prior year.
Lucyd Inc invested $73K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 16.6% from the prior year.
LUCY Income Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $668K+15.3% | $579K+27.4% | $455K-34.2% | $691K+172.4% | $254K-17.8% | $309K-19.5% | $383K-37.7% | $616K |
| Cost of Revenue | $423K-28.5% | $592K+153.0% | $234K-60.8% | $597K+207.3% | $194K-23.4% | $254K-32.7% | $377K-52.7% | $796K |
| Gross Profit | $245K+2033.2% | -$13K-105.7% | $221K+135.3% | $94K+57.9% | $59K+7.6% | $55K+693.8% | $7K+103.9% | -$180K |
| R&D Expenses | $130K-51.5% | $268K+27.4% | $211K-2.0% | $215K+63.6% | $131K-48.8% | $257K+18.7% | $216K+79.0% | $121K |
| SG&A Expenses | $1.3M-2.6% | $1.3M+20.1% | $1.1M+15.2% | $947K-15.6% | $1.1M-13.4% | $1.3M+16.8% | $1.1M+9.9% | $1.0M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $0 | $0 | $0 | N/A | $0 | $0 | $0 | N/A |
| Net Income | -$1.8M+12.8% | -$2.1M-18.4% | -$1.8M+16.3% | -$2.1M-23.6% | -$1.7M+11.7% | -$1.9M+1.2% | -$2.0M+17.6% | -$2.4M |
| EPS (Diluted) | $-0.38+42.4% | $-0.66+8.3% | $-0.72 | N/A | $-0.99+47.1% | $-1.87 | $-2.59 | N/A |
LUCY Balance Sheet
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $11.2M-6.4% | $11.9M+50.3% | $7.9M-19.3% | $9.8M-15.2% | $11.6M+47.6% | $7.9M+63.3% | $4.8M-22.6% | $6.2M |
| Current Assets | $10.6M-6.5% | $11.3M+54.6% | $7.3M-20.7% | $9.2M-16.0% | $11.0M+50.9% | $7.3M+77.3% | $4.1M-26.8% | $5.6M |
| Cash & Equivalents | $6.7M-12.2% | $7.6M+45.1% | $5.3M+100.0% | $2.6M-42.1% | $4.5M-22.9% | $5.9M+122.6% | $2.6M-38.2% | $4.3M |
| Inventory | $1.6M-2.6% | $1.7M+48.7% | $1.1M+35.6% | $832K-9.1% | $915K-1.6% | $930K+8.3% | $859K+61.1% | $533K |
| Accounts Receivable | $83K+43.8% | $58K-35.4% | $90K-16.9% | $108K+33.4% | $81K+31.3% | $62K+16.7% | $53K-43.4% | $93K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $925K+40.5% | $659K+47.2% | $447K-39.8% | $743K+11.6% | $666K+29.3% | $515K-43.5% | $911K+38.1% | $660K |
| Current Liabilities | $885K+46.0% | $606K+35.5% | $447K-39.4% | $738K+13.0% | $653K+32.0% | $495K-44.0% | $883K+41.5% | $624K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $10.3M-9.1% | $11.3M+50.5% | $7.5M-17.6% | $9.1M-16.8% | $10.9M+48.8% | $7.3M+88.2% | $3.9M-29.8% | $5.6M |
| Retained Earnings | -$30.5M-6.4% | -$28.6M-7.9% | -$26.5M-7.2% | -$24.7M-9.4% | -$22.6M-8.2% | -$20.9M-10.3% | -$18.9M-11.6% | -$17.0M |
LUCY Cash Flow Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.5M+29.2% | -$2.1M+8.4% | -$2.3M-18.9% | -$1.9M-38.8% | -$1.4M+27.5% | -$1.9M-31.5% | -$1.5M-9.4% | -$1.3M |
| Capital Expenditures | $15K | $0-100.0% | $41K+53.6% | $26K | $0-100.0% | $3K-89.3% | $32K+223.0% | -$26K |
| Free Cash Flow | -$1.5M+28.5% | -$2.1M+10.0% | -$2.4M-19.4% | -$2.0M-40.7% | -$1.4M+27.6% | -$1.9M-28.9% | -$1.5M-9.7% | -$1.4M |
| Investing Cash Flow | -$15K+98.8% | -$1.3M-125.8% | $4.9M+8143.2% | -$61K+98.8% | -$5.0M-27191.2% | -$18K+80.9% | -$96K-104.8% | $2.0M |
| Financing Cash Flow | $584K | N/A | N/A | $90K-98.2% | $5.0M-3.1% | $5.2M+6937.8% | -$76K+73.4% | -$285K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
LUCY Financial Ratios
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.6%+38.8pp | -2.2%-50.7pp | 48.5%+35.0pp | 13.6%-9.8pp | 23.4%+5.5pp | 17.9%+16.1pp | 1.8%+31.1pp | -29.3% |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | -274.8%+88.8pp | -363.6%+27.7pp | -391.4%-83.5pp | -307.8%+370.7pp | -678.5%-47.3pp | -631.2%-117.1pp | -514.1%-125.3pp | -388.7% |
| Return on Equity | -17.9%+0.8pp | -18.7%+5.1pp | -23.7%-0.4pp | -23.4%-7.6pp | -15.7%+10.8pp | -26.5%+24.0pp | -50.5%-7.5pp | -43.1% |
| Return on Assets | -16.4%+1.2pp | -17.6%+4.8pp | -22.4%-0.8pp | -21.6%-6.8pp | -14.8%+10.0pp | -24.8%+16.2pp | -41.0%-2.5pp | -38.5% |
| Current Ratio | 11.98-6.7 | 18.70+2.3 | 16.39+3.9 | 12.52-4.3 | 16.83+2.1 | 14.73+10.1 | 4.65-4.3 | 8.99 |
| Debt-to-Equity | 0.09+0.0 | 0.060.0 | 0.06-0.0 | 0.08+0.0 | 0.060.0 | 0.07-0.2 | 0.23+0.1 | 0.12 |
| FCF Margin | -226.3%+139.1pp | -365.4%+152.0pp | -517.4%-232.2pp | -285.2%+266.7pp | -551.9%+74.2pp | -626.1%-235.1pp | -391.1%-169.0pp | -222.0% |
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Frequently Asked Questions
What is Lucyd Inc's annual revenue?
Lucyd Inc (LUCY) reported $2.7M in total revenue for fiscal year 2025. This represents a 62.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Lucyd Inc's revenue growing?
Lucyd Inc (LUCY) revenue grew by 62.6% year-over-year, from $1.6M to $2.7M in fiscal year 2025.
Is Lucyd Inc profitable?
No, Lucyd Inc (LUCY) reported a net income of -$7.6M in fiscal year 2025, with a net profit margin of -285.2%.
What is Lucyd Inc's gross margin?
Lucyd Inc (LUCY) had a gross margin of 21.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Lucyd Inc's net profit margin?
Lucyd Inc (LUCY) had a net profit margin of -285.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Lucyd Inc's free cash flow?
Lucyd Inc (LUCY) generated -$7.3M in free cash flow during fiscal year 2025. This represents a -8.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Lucyd Inc's operating cash flow?
Lucyd Inc (LUCY) generated -$7.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Lucyd Inc's capital expenditures?
Lucyd Inc (LUCY) invested $73K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Lucyd Inc spend on research and development?
Lucyd Inc (LUCY) invested $725K in research and development during fiscal year 2025.
Are Lucyd Inc's earnings high quality?
Lucyd Inc (LUCY) has an earnings quality ratio of 0.96x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.