Abstract: The present invention relates to a photochromic article that includes a substrate and a photochromic layer formed from a curable photochromic composition. The photochromic composition includes a polyol component that includes a polycarbonate diol, an isocyanate component that includes an unblocked polyfunctional isocyanate and/or a blocked polyfunctional isocyanate, and at least one photochromic compound. The equivalents ratio of blocked/unblocked isocyanate equivalents of the isocyanate component to hydroxyl equivalents of the polyol component is at least 5:1. The photochromic article exhibits a T1/2 (Fade Half Life) at 23° C. of less than or equal to 70 seconds.