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Financials · MVIS

MicroVision Inc. (MVIS) financials

For the twelve months ended Sep 30, 2026, MicroVision Inc. reported $5.03M of revenue and -$112.22M of net income.

Revenue, TTM
$5.03M
Revenue growth, YoY
+90.9%
Net income, TTM
-$112.22M
Net margin
-2230.6%
Free cash flow, TTM
-$66.69M
EPS, diluted, TTM
-$5.20
Cash
$28.89M
Total debt
$22.59M
P/S
7.82
Market cap
$39.3M
Annual revenue$1.21M
FY2016FY2025
Annual net income-$94.98M
FY2016FY2025
Annual free cash flow-$59.40M
FY2019FY2025

MVIS revenue and earnings growth

MVIS revenueQ3 2026$2.40M

Quarter YoY
+895.9%
QoQ
+62.9%
FY YoY
-74.3%
5Y CAGR
-17.1%
10Y CAGR
-18.4%

MVIS revenue was $2.40M in fiscal Q3 2026 (ended Sep 30, 2026), up 895.9% from a year earlier and up 62.9% from the prior quarter. For the full fiscal 2025 it was $1.21M, down 74.3% from fiscal 2024. Compound annual growth was -17.1% over 5 years and -18.4% over 10 years. It rose in 3 of the last 10 fiscal years.

MVIS net incomeQ3 2026-$12.23M

MVIS net income was -$12.23M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$14.22M a year earlier. For the full fiscal 2025 it was -$94.98M, compared with -$96.92M in fiscal 2024.

MVIS EPSQ3 2026-$0.45

MVIS diluted EPS was -$0.45 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$0.72 a year earlier. For the full fiscal 2025 it was -$5.25, compared with -$6.90 in fiscal 2024.

MVIS free cash flowQ3 2026-$15.00M

MVIS free cash flow was -$15.00M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$16.62M a year earlier. For the full fiscal 2025 it was -$59.40M, compared with -$68.91M in fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$1.21M$4.70M$7.26M$664.0K$2.50M$3.09M$8.89M$17.61M$9.63M$14.76M
Cost of revenue$18.55M$7.53M$2.77M$100.0K$2.0K$1.40M$8.56M$10.64M$9.86M$10.37M
Gross profit-$17.34M-$2.83M$4.49M$564.0K$2.50M$1.69M$322.0K$6.97M-$228.0K$4.39M
Research and development$31.72M$49.02M$56.71M$30.41M$24.11M$9.84M$18.66M$24.67M$15.10M$12.13M
Selling, general and admin$20.32M$29.35M$36.69M$24.04M$22.26M$5.92M$8.13M$9.52M$10.16M$8.74M
Operating income-$82.83M-$85.52M-$88.88M-$53.89M-$43.87M-$13.62M-$26.47M-$27.22M-$25.48M-$16.46M
Interest expense$7.33M$4.46M$80.0K$62.0K------
Pre-tax income-$95.06M-$96.41M-$81.70M-$53.09M-$43.20M-----
Income tax-$84.0K$507.0K$1.15M$0$0$0$0$0$0$0
Net income-$94.98M-$96.92M-$82.84M-$53.09M-$43.20M-$13.63M-$26.48M-$27.25M-$25.49M-$16.47M
EPS, basic-$5.25-$6.90-$6.75-$4.80-$4.05-$1.50-$3.60-$4.65-$5.25-$4.80
EPS, diluted-$5.25-$6.90-$6.75-$4.80-$4.05-$1.50-$3.60---
Diluted shares18.2M14.0M12.2M11.1M10.7M9,321.9337,419.85.8M4.9M3.5M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$32.36M$56.25M$45.17M$21.95M$83.74M$17.30M$6.27M$14.20M$17.40M$15.57M
Short-term investments$42.50M$20.20M--------
Receivables$47.0K$926.0K$949.0K$0-$0$1.08M$476.0K$15.0K$245.0K
Inventory$745.0K$2.29M$3.87M$1.86M$1.78M$0$192.0K$1.11M$4.54M$1.23M
Current assets$81.11M$82.47M$86.75M$91.01M$119.43M$17.56M$7.84M$17.65M$23.22M$17.35M
Total assets$103.12M$121.16M$129.63M$115.00M$130.22M$21.01M$11.84M$23.03M$29.77M$20.11M
Current liabilities$30.15M$45.95M$20.50M$11.43M$12.46M$10.03M$14.46M$18.19M$19.07M$7.24M
Short-term debt------$0---
Long-term debt------$0---
Total debt$19.21M$33.00M----$0---
Total liabilities$47.57M$72.39M$33.83M$25.25M$17.47M$12.00M$15.81M$18.92M$19.68M$12.63M
Shareholders' equity$55.55M$48.77M$95.80M$89.74M$112.75M$9.01M-$3.98M$4.12M$10.09M$13.94M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow-$58.72M-$68.54M-$67.09M-$38.02M-$29.40M-$16.07M-$24.04M-$22.57M-$15.48M-$14.82M
Capital expenditures$679.0K$374.0K$1.94M$4.36M$2.49M$402.0K$745.0K---
Free cash flow-$59.40M-$68.91M-$69.03M-$42.38M-$31.90M-$16.48M-$24.79M---
Investing cash flow-$24.65M$2.67M$21.82M-$38.07M-$35.32M$123.0K-$745.0K-$1.12M-$3.04M-$891.0K
Financing cash flow$60.87M$72.89M$72.44M$14.31M$131.16M$26.98M$16.86M$20.49M$20.35M$22.96M
Stock-based compensation$701.0K$11.54M$16.14M$15.46M$15.28M$1.30M$1.61M$1.06M$1.29M$1.22M
Depreciation and amortization$5.82M$6.92M$7.86M$2.25M$1.46M$963.0K$1.65M$1.84M--

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY-74.3%-35.3%993.2%-73.4%-19.1%-65.2%-49.5%82.8%-34.7%60.7%
Gross margin-1435.4%-60.3%61.8%84.9%99.9%54.8%3.6%39.6%-2.4%29.7%
Operating margin-6856.6%-1821.1%-1224.3%-8116.0%-1754.8%-440.6%-297.9%-154.6%-264.5%-111.5%
Net margin-7862.7%-2063.8%-1141.2%-7995.6%-1728.0%-441.2%-298.0%-154.8%-264.5%-111.6%
Free cash flow margin-4917.1%-1467.5%-950.9%-6382.2%-1275.9%-533.2%-279.0%---
Return on equity-171.0%-198.7%-86.5%-59.2%-38.3%-151.3%--661.9%-252.7%-118.2%
Return on assets-92.1%-80.0%-63.9%-46.2%-33.2%-64.9%-223.7%-118.3%-85.6%-81.9%
Current ratio2.691.794.237.969.581.750.540.971.222.39
Debt to equity0.350.68--------

Source: XBRL data MicroVision Inc. files with the SEC, latest filing dated Oct 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 1-for-15, first reported Aug 6, 2026.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

MVIS peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
MVIS$5.03M+90.9%-$112.22M-2230.6%$39.3M
ASML€32.67B+15.6%€9.61B29.4%$549.12B
TMO$47.35B+8.3%$7.07B14.9%$257.42B
LRCX$26.13B+33.4%$8.45B32.3%$250.38B
DE$47.98B+8.0%$4.87B10.2%$181.09B
DHR$25.61B+5.5%$4.33B16.9%$161.98B
ETN$31.98B+20.1%$3.90B12.2%$132.76B
JCI$24.43B+5.1%$3.53B14.5%$81.79B
ITW$16.65B+4.8%$3.23B19.4%$79.84B

MVIS FAQ

9 questions
  • What is MVIS revenue?
    MicroVision Inc. (MVIS) reported $5.03M of revenue for the twelve months ended Sep 30, 2026. That is up 90.9% from the year before. Revenue for fiscal 2025 was $1.21M.
  • Is MVIS profitable?
    No. MicroVision Inc. reported a net loss of $112.22M for the twelve months ended Sep 30, 2026.
  • How much cash and debt does MVIS have?
    MicroVision Inc. reported $28.89M in cash and cash equivalents and $22.59M of debt on its most recent balance sheet in SEC filings.
  • How fast is MVIS revenue growing?
    MicroVision Inc.'s revenue changed -74.3% in fiscal 2025, to $1.21M. Its compound annual growth rate was -17.1% over 5 years and -18.4% over 10 years.
  • What is MVIS gross margin?
    MicroVision Inc.'s gross profit was -$13.90M on $5.03M of revenue for the twelve months ended Sep 30, 2026, a gross margin of -276.2%.
  • What is MVIS free cash flow?
    MicroVision Inc. generated -$66.69M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of -$64.63M less capital expenditures.
  • What is MVIS earnings per share?
    Diluted earnings per share were -$5.20 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did MVIS last report financial results?
    The latest statements here come from MicroVision Inc.'s 10-Q filed on Oct 30, 2026, covering the period ended Sep 30, 2026.
  • Where does this MVIS financial data come from?
    Quantisnow builds these statements from the structured XBRL data MicroVision Inc. files with the SEC. It is provided for information only and is not investment advice.