Kits Eyecare Reports Record Q3 2026 Revenue Driven by Glasses Growth

Kits Eyecare Ltd. announced financial results for its third quarter ended September 30, 2026, reporting a 21.6 percent increase in revenue to a record CAD $63.7 million. The growth was led by glasses revenue, which rose 59.3 percent to CAD $11.3 million, accounting for 17.7 percent of total revenue. Contact lens revenue reached a record CAD $52.4 million, growing 15.7 percent year-over-year. The company reported positive adjusted EBITDA for the 16th consecutive quarter and generated CAD $4.8 million in operating cash flow. Gross margin expanded by 280 basis points to 37.4 percent. For Q4 2026, management expects revenue between CAD $64.0 million and CAD $66.0 million.