MICROVISION, INC. MVIS
MICROVISION, INC. financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2M | $4.7M | $7.3M | $664,000 | $2.5M | $3.1M | $8.9M | $17.6M | $9.6M | $14.8M |
| Gross profit | -$17.3M | -$2.8M | $4.5M | $564,000 | $2.5M | $1.7M | $322,000 | $7.0M | -$228,000 | $4.4M |
| R&D expense | $31.7M | $49.0M | $56.7M | $30.4M | $24.1M | $9.8M | $18.7M | $24.7M | $15.1M | $12.1M |
| SG&A expense | $20.3M | $29.3M | $36.7M | $24.0M | $22.3M | $5.9M | $8.1M | $9.5M | $10.2M | $8.7M |
| Operating income | -$82.8M | -$85.5M | -$88.9M | -$53.9M | -$43.9M | -$13.6M | -$26.5M | -$27.2M | -$25.5M | -$16.5M |
| Interest expense | $7.3M | — | — | — | — | — | — | — | — | — |
| Income tax | -$84,000 | $507,000 | $1.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net income | -$95.0M | -$96.9M | -$82.8M | -$53.1M | -$43.2M | -$13.6M | -$26.5M | -$27.2M | -$25.5M | -$16.5M |
| EPS (diluted) | $-0.35 | $-0.46 | $-0.45 | $-0.32 | $-0.27 | $-0.10 | — | — | — | — |
| Operating cash flow | -$58.7M | -$68.5M | -$67.1M | -$38.0M | -$29.4M | -$16.1M | -$24.0M | -$22.6M | -$15.5M | -$14.8M |
| Free cash flow | -$59.4M | -$68.9M | -$69.0M | -$42.4M | -$31.9M | -$16.5M | -$24.8M | — | — | — |
| Cash & equivalents | $32.4M | $54.5M | $45.2M | $20.5M | $82.6M | $16.9M | $5.8M | $13.8M | $17.0M | $15.1M |
| Inventory | $745,000 | $2.3M | $3.9M | $1.9M | $1.8M | $0 | $192,000 | $1.1M | $4.5M | $1.2M |
| Total assets | $103.1M | $121.2M | $129.6M | $115.0M | $130.2M | $21.0M | $11.8M | $23.0M | $29.8M | $20.1M |
| Total liabilities | $47.6M | $72.4M | $33.8M | $25.3M | $17.5M | $12.0M | $15.8M | $18.9M | $19.7M | $12.6M |
| Shareholders' equity | $55.5M | $48.8M | $95.8M | $89.7M | $112.8M | $9.0M | -$4.0M | $4.1M | $10.1M | $13.9M |
Growth · year-over-year · Revenue CAGR -24.3%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | -74.3% | -35.3% | +993.2% | -73.4% | -19.1% | -65.2% | -49.5% | +82.8% | -34.7% | +60.7% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.