Finance
EssilorLuxottica First-Quarter Revenues Rise 10.8%, Boosted by AI Glasses
Published by Global Banking & Finance Review®
Posted on April 22, 2026
2 min readLast updated: April 22, 2026
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EssilorLuxottica’s Q1 revenues rose 10.8% at constant exchange rates to €7.13 billion, buoyed by strong AI‑glasses demand—especially Ray‑Ban and Oakley smart models developed with Meta—while North America led with 12.5% growth, and the company reaffirmed its five‑year growth outlook.
EssilorLuxottica Q1 Revenues Rise 10.8% as AI Glasses Drive Growth
EssilorLuxottica Reports Strong First Quarter Performance
MILAN, April 22 (Reuters) - Revenues at eyewear maker EssilorLuxottica rose 10.8% at constant exchange rates in the first quarter, in line with market expectations, as AI glasses contributed more to growth than traditional products such as sunglasses and lenses.
Quarterly Revenue Highlights
Total revenues for the quarter came in at 7.13 billion euros ($8.35 billion), in line with an analyst consensus by Visible Alpha.
Regional Sales Performance
Sales in North America, the group’s largest market, rose 12.5% at constant exchange rates, while other regions posted high‑single‑digit growth.
Brand Performance and Product Innovation
Among frame brands, Ray-Ban and Oakley were the top performers, boosted by AI glasses offerings developed in partnership with Meta.
Executive Commentary
"With the third consecutive quarter of double-digit growth, we once again demonstrate the strength and relevance of our strategy and our ability to deliver against it", CEO Francesco Milleri and Deputy CEO Paul du Saillant said in a statement.
Outlook and Future Growth
The Franco-Italian company confirmed the outlook it gave in February, which foresees solid growth in total revenues over the next five years alongside broadly aligned growth in adjusted operating profit.
Additional Information
($1 = 0.8535 euros)
(Reporting by Elisa Anzolin, editing by Alvise Armellini)
Key Takeaways
- •Q1 revenues up 10.8% at constant rates to €7.13 billion, matching expectations
- •AI‑powered Ray‑Ban and Oakley glasses, in partnership with Meta, are now key revenue drivers
- •North America saw strongest growth (12.5%), and outlook through 2026 remains intact
Frequently Asked Questions about EssilorLuxottica first-quarter revenues rise 10.8%, boosted by AI glasses
1What was EssilorLuxottica's total revenue in the first quarter?
EssilorLuxottica reported total revenues of 7.13 billion euros ($8.35 billion) in the first quarter.
2How much did EssilorLuxottica's revenues increase in Q1?
Revenues rose 10.8% at constant exchange rates in the first quarter.
3Which products contributed most to EssilorLuxottica's growth?
AI glasses contributed more to growth than traditional products like sunglasses and lenses.
4Which brands performed best for EssilorLuxottica in Q1?
Ray-Ban and Oakley were the top-performing frame brands, especially from AI glasses developed with Meta.
5What is the outlook for EssilorLuxottica's future revenues?
The company confirmed a solid revenue growth outlook over the next five years with aligned growth in adjusted operating profit.
