Vuzix Corp (VUZI) Financial Statements
Industry: Radio & Tv Broadcasting & Communications Equipment
In fiscal 2025, Vuzix reported revenue of $6.3M, up 9.1% from $5.8M the year before. Net income was -$32.3M (a -513.9% net margin), or -$0.42 per diluted share. Gross margin was -16.9% and operating margin was -517.6%. Operating activities generated -$18.8M of cash, leaving -$20.8M of free cash flow. At fiscal year end, Vuzix held $40.1M in total assets against $5.4M in total liabilities, including $21.2M of cash and equivalents.
Open the full interactive Vuzix financials → Quarterly statements, key ratios, valuation history and price charts.
Vuzix Key Stats
| Share Price | $2.36 |
|---|---|
| Market Cap | $197.6M |
| Revenue YoY Growth | +9.1% |
| 52-Week Range | $2.03 – $5.14 |
| Shares Outstanding | 83.7 million (basic, 2026 Q2) |
Vuzix Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $11.6M | $13.2M | $11.8M | $12.1M | $5.8M | $6.3M |
| Cost of Goods Sold | $8.1M | $10.1M | $8.7M | $8.8M | — | — |
| Gross Profit | $1.9M | $2.5M | $1.5M | -$2.6M | -$5.6M | -$1.1M |
| Operating Income | -$19.1M | -$40.0M | -$42.2M | -$52.3M | -$74.0M | -$32.5M |
| Pre-Tax Income | -$18.0M | -$40.4M | -$40.8M | -$50.1M | -$73.5M | -$32.3M |
| Income Tax | $0 | — | — | — | — | $0 |
| Net Income | -$18.0M | -$40.4M | -$40.8M | -$50.1M | -$73.5M | -$32.3M |
| Diluted EPS | -$0.47 | -$0.52 | -$0.64 | -$0.79 | -$1.08 | -$0.42 |
Vuzix Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.2M | $2.2M | $1.4M | $1.1M |
| Net Income | -$7.4M | -$8.6M | -$7.1M | -$7.6M |
| Diluted EPS | -$0.09 | -$0.11 | -$0.09 | -$0.09 |
Vuzix Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $36.1M | $120.2M | $72.6M | $26.6M | $18.2M | $21.2M |
| Current Assets | $45.1M | $137.2M | $91.2M | $41.5M | $26.7M | $27.2M |
| Total Assets | $52.5M | $148.5M | $132.3M | $86.1M | $39.4M | $40.1M |
| Current Liabilities | $3.1M | $4.2M | $15.3M | $5.2M | $2.1M | $4.9M |
| Total Liabilities | $4.2M | $4.7M | $15.6M | $5.4M | $2.1M | $5.4M |
| Shareholders' Equity | $48.3M | $143.7M | $116.7M | $80.8M | $37.3M | $24.7M |
Vuzix Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$14.0M | -$27.0M | -$24.5M | -$26.3M | -$23.7M | -$18.8M |
| Cash From Investing | -$1.5M | -$4.9M | -$21.2M | -$19.3M | -$2.9M | -$2.6M |
| Cash From Financing | $40.9M | $116.0M | -$1.9M | -$449,561 | $18.3M | $24.4M |
| Free Cash Flow | -$14.5M | -$30.8M | -$26.2M | -$31.6M | -$25.1M | -$20.8M |
Figures from Vuzix'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 Vuzix financials page for every line item.
Vuzix Company Profile
| Ticker | VUZI |
|---|---|
| Exchange | Nasdaq |
| Industry | Radio & Tv Broadcasting & Communications Equipment |
| Headquarters | West Henrietta, New York |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001463972 |
Frequently Asked Questions
What was Vuzix's revenue in fiscal 2025?
Vuzix (VUZI) reported revenue of $6.3M for fiscal 2025.
What is Vuzix's annual revenue history?
Vuzix's annual revenue by fiscal year: 2020: $11.6M; 2021: $13.2M; 2022: $11.8M; 2023: $12.1M; 2024: $5.8M; 2025: $6.3M.
What was Vuzix's net income in fiscal 2025?
Vuzix reported net income of -$32.3M for fiscal 2025.
What was Vuzix's earnings per share (EPS) in fiscal 2025?
Vuzix's diluted EPS was -$0.42 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Vuzix generate in fiscal 2025?
Vuzix generated -$20.8M of free cash flow in fiscal 2025.
What was Vuzix's revenue last quarter?
In its most recent reported quarter (2026 Q2), Vuzix reported revenue of $1.1M.
How many shares of Vuzix are outstanding?
Vuzix reported a weighted average of 83.7 million basic shares outstanding in 2026 Q2.
What is Vuzix's market cap?
Based on its latest closing price, Vuzix (VUZI) has a market capitalization of about $197.6M.
When does Vuzix's fiscal year end?
Vuzix's fiscal year end, as registered with the SEC, is December 31.
Where is Vuzix headquartered?
Vuzix lists its business address in West Henrietta, New York in its SEC filings.
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