Microvision, Inc. (MVIS) Financial Statements
Industry: Electronic Components (Other)
In fiscal 2025, Microvision reported revenue of $1.2M, down 74.3% from $4.7M the year before. Net income was -$95.0M (a -7862.7% net margin), or -$5.25 per diluted share. Gross margin was -1435.4% and operating margin was -6856.6%. Operating activities generated -$58.7M of cash, leaving -$59.4M of free cash flow. At fiscal year end, Microvision held $103.1M in total assets against $47.6M in total liabilities, including $32.4M of cash and equivalents.
Open the full interactive Microvision financials → Quarterly statements, key ratios, valuation history and price charts.
Microvision Key Stats
| Share Price | $1.18 |
|---|---|
| Market Cap | $26.3M |
| Revenue YoY Growth | -74.3% |
| 52-Week Range | $1.18 – $20.85 |
| Shares Outstanding | 22.3 million (basic, 2026 Q2) |
Microvision Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $3.1M | $2.5M | $664,000 | $7.3M | $4.7M | $1.2M |
| Cost of Goods Sold | $1.4M | $2,000 | $100,000 | $2.8M | $7.5M | — |
| Gross Profit | $1.7M | $2.5M | $564,000 | $4.5M | -$2.8M | -$17.3M |
| Operating Income | -$13.6M | -$43.9M | -$53.9M | -$88.9M | -$85.5M | -$82.8M |
| Pre-Tax Income | -$13.6M | -$43.2M | -$53.1M | -$81.7M | -$96.4M | -$95.1M |
| Income Tax | $0 | $0 | $0 | $1.1M | $507,000 | -$84,000 |
| Net Income | -$13.6M | -$43.2M | -$53.1M | -$82.8M | -$96.9M | -$95.0M |
| Diluted EPS | -$1.46 | -$4.05 | -$4.80 | -$6.75 | -$6.90 | -$5.25 |
Microvision Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $241,000 | $223,000 | $935,000 | $1.5M |
| Net Income | -$14.2M | -$37.8M | -$25.3M | -$36.9M |
| Diluted EPS | -$0.75 | -$0.14 | -$1.20 | -$1.66 |
Microvision Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $16.9M | $82.6M | $20.5M | $45.2M | $54.5M | $32.4M |
| Current Assets | $17.6M | $119.4M | $91.0M | $86.8M | $82.5M | $81.1M |
| Total Assets | $21.0M | $130.2M | $115.0M | $129.6M | $121.2M | $103.1M |
| Current Liabilities | $10.0M | $12.5M | $11.4M | $20.5M | $46.0M | $30.1M |
| Total Long-Term Debt | $1.6M | — | — | — | $33.0M | $19.2M |
| Total Liabilities | $12.0M | $17.5M | $25.3M | $33.8M | $72.4M | $47.6M |
| Shareholders' Equity | $9.0M | $112.8M | $89.7M | $95.8M | $48.8M | $55.5M |
Microvision Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$16.1M | -$29.4M | -$38.0M | -$67.1M | -$68.5M | -$58.7M |
| Cash From Investing | $123,000 | -$35.3M | -$38.1M | $21.8M | $2.7M | -$24.6M |
| Cash From Financing | $27.0M | $131.2M | $14.3M | $72.4M | $72.9M | $60.9M |
| Free Cash Flow | — | -$31.9M | -$42.4M | -$69.0M | -$68.9M | -$59.4M |
Figures from Microvision's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Microvision financials page for every line item.
Microvision Company Profile
| Ticker | MVIS |
|---|---|
| Exchange | Nasdaq |
| Industry | Electronic Components (Other) |
| Headquarters | Redmond, Washington |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0000065770 |
Frequently Asked Questions
What was Microvision's revenue in fiscal 2025?
Microvision (MVIS) reported revenue of $1.2M for fiscal 2025.
What is Microvision's annual revenue history?
Microvision's annual revenue by fiscal year: 2020: $3.1M; 2021: $2.5M; 2022: $664,000; 2023: $7.3M; 2024: $4.7M; 2025: $1.2M.
What was Microvision's net income in fiscal 2025?
Microvision reported net income of -$95.0M for fiscal 2025.
What was Microvision's earnings per share (EPS) in fiscal 2025?
Microvision's diluted EPS was -$5.25 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Microvision generate in fiscal 2025?
Microvision generated -$59.4M of free cash flow in fiscal 2025.
What was Microvision's revenue last quarter?
In its most recent reported quarter (2026 Q2), Microvision reported revenue of $1.5M.
How much debt does Microvision have?
Microvision reported $19.2M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Microvision are outstanding?
Microvision reported a weighted average of 22.3 million basic shares outstanding in 2026 Q2.
What is Microvision's market cap?
Based on its latest closing price, Microvision (MVIS) has a market capitalization of about $26.3M.
When does Microvision's fiscal year end?
Microvision's fiscal year end, as registered with the SEC, is December 31.
Where is Microvision headquartered?
Microvision lists its business address in Redmond, Washington in its SEC filings.