MVIS on Nasdaq

MicroVision, Inc.

Logo: microvision.com4

Inc. is defining the next generation of lidar-based perception solutions for automotive, industrial, and security & defense markets.6 From its latest annual report

Price unavailable

Last updated Oct 19, 2026.

Overview

1993Founded1

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  • TickerMVIS on Nasdaq1
  • IndustryElectronic Components, NEC1
  • HeadquartersRedmond1
  • Websitewww.microvision.com
  • Legal formpublic company1
  • Incorporated inDE5
  • Business address18390 Ne 68Th Street, Redmond, Wa 980525
  • Filer categoryNon-accelerated filer, Smaller reporting company5
  • LEI5299001A8NIHHA9KOY433
  • StatusActive3
  • LEI statusLapsed (not renewed)3
  • Registered addressc/o THE COMPANY CORPORATION, 251 LITTLE FALLS DRIVE, 19808 Wilmington, United States3
  • Registered withDivision of Corporations, Department of State, 9498463

Inc. is defining the next generation of lidar-based perception solutions for automotive, industrial, and security & defense markets.6 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-1435.4%Gross margin7
-6856.6%Operating margin7
-7862.7%Net margin7
-74.3%Revenue growth, 20257
-171.0%Return on equity7
0.35×Debt to equity7
-$59.4MFree cash flow7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Product Revenue brought in 50% of the revenue MicroVision, Inc. broke down this way in fiscal 2025.

  1. Product Revenue$610.0K750%down 85% from 2024
  2. License and Royalty Revenue$550.0K746%up 16% from 2024
  3. Contract Revenue$48.0K74%down 54% from 2024
Business segments by year
Business segments202320242025
Product Revenue$1.0M$4.1M$610.0K
License and Royalty Revenue$4.9M$475.0K$550.0K
Contract Revenue$1.4M$104.0K$48.0K

Regions

DEMember brought in 78% of the revenue MicroVision, Inc. broke down this way in fiscal 2025.

  1. DEMember$945.0K778%down 74% from 2024
  2. United States$260.0K722%down 75% from 2024
  3. Other Foreign Countries$3.0K70%down 70% from 2024
Regions by year
Regions202320242025
DEMember$2.1M$3.6M$945.0K
United States$4.6M$1.1M$260.0K
Other Foreign Countries$494.0K$10.0K$3.0K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue24¢$18.5M
  • Research and development41¢$31.7M
  • Selling, general and admin26¢$20.3M
  • Interest9¢$7.3M
  • Income tax0¢$84.0K

Out of $1.2M in revenue.7 The company lost money this year.

Financial statements

Revenue8910117$1.2M in 2025−86% since 2019
0$2.5M$5.0M$7.5M$10.0M2019: $8.9M$8.9M20192020: $3.1M$3.1M2020−65%2021: $2.5M$2.5M2021−19%2022: $664.0K$664.0K2022−73%2023: $7.3M$7.3M2023+993%2024: $4.7M$4.7M2024−35%2025: $1.2M$1.2M2025−74%
Gross profit8910117-$17.3M in 2025
-$20.0M-$10.0M0$10.0M2019: $322.0K$322.0K20192020: $1.7M$1.7M2020+425%2021: $2.5M$2.5M2021+48%2022: $564.0K$564.0K2022−77%2023: $4.5M$4.5M2023+696%2024: -$2.8M-$2.8M20242025: -$17.3M-$17.3M2025+512%
Operating income8910117-$82.8M in 2025+213% since 2019
-$100.0M-$75.0M-$50.0M-$25.0M02019: -$26.5M-$26.5M20192020: -$13.6M-$13.6M2020−49%2021: -$43.9M-$43.9M2021+222%2022: -$53.9M-$53.9M2022+23%2023: -$88.9M-$88.9M2023+65%2024: -$85.5M-$85.5M2024−4%2025: -$82.8M-$82.8M2025−3%
Net income8910117-$95.0M in 2025+259% since 2019
-$100.0M-$75.0M-$50.0M-$25.0M02019: -$26.5M-$26.5M20192020: -$13.6M-$13.6M2020−49%2021: -$43.2M-$43.2M2021+217%2022: -$53.1M-$53.1M2022+23%2023: -$82.8M-$82.8M2023+56%2024: -$96.9M-$96.9M2024+17%2025: -$95.0M-$95.0M2025−2%

Every line of the income statement as filed: the last 3 fiscal years, latest first.7

Period ending2025-12-312024-12-312023-12-31
Revenue$1.2M$4.7M$7.3M
Cost of revenue$18.5M$7.5M$2.8M
Gross (loss) profit-$17.3M-$2.8M$4.5M
Research and development expense$31.7M$49.0M$56.7M
Sales, marketing, general and administrative expense$20.3M$29.3M$36.7M
Impairment loss on intangible assets$10.1M$4.2M
Impairment loss on operating lease right-of-use assets$1.2M
Impairment loss on property and equipment, net$2.2M
Loss (gain) on disposal of fixed assets$143.0K-$34.0K
Total operating expenses$65.5M$82.7M$93.4M
Loss from operations-$82.8M-$85.5M-$88.9M
Bargain purchase gain, net of tax$1.7M
Interest expense-$18.5M-$4.5M-$80.0K
Unrealized gain (loss) on derivative liability$5.7M-$8.9M
Unrealized gain on warrant liability$4.4M
Realized loss on debt extinguishment-$4.7M
Other income$817.0K$2.4M$5.6M
Net loss before taxes-$95.1M-$96.4M-$81.7M
Income tax benefit (expense)$84.0K-$507.0K-$1.1M
Net loss-$95.0M-$96.9M-$82.8M
Net loss per share, basic-$0.35-$0.46-$0.45
Net loss per share - diluted-$0.35-$0.46-$0.45
Weighted-average shares outstanding - basic273.1M shares209.5M shares182.8M shares
Weighted-average shares outstanding - diluted273.1M shares209.5M shares182.8M shares

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Leadership

Who has led MicroVision, Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (44)

Former names

  • MICROVISION INCDec 30, 1996 to Jun 4, 20155

Timeline

  1. Mar 16, 2026New chief executive Glen W. Devos becomes CEO15
  2. Jun 8, 2020New chief executive Sumit Sharma becomes CEO16
  3. Nov 15, 2017New chief executive Perry Mulligan becomes CEO17
  4. Apr 28, 2006New chief executive Alexander Y. Tokman becomes CEO18
  5. Aug 26, 2004New chief executive Richard F. Rutkowski becomes CEO19
  6. 1993Founded Founded1

Filings

368 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 75 major events, 196 insider forms, 14 large holders, 62 other. The latest 20:

  1. Oct 7, 20268-K EDGAR
  2. Oct 2, 20264 EDGAR
  3. Sep 18, 2026SCHEDULE 13G EDGAR
  4. Sep 4, 20264 EDGAR
  5. Sep 4, 20264 EDGAR
  6. Sep 4, 20263 EDGAR
  7. Sep 3, 2026S-8 EDGAR
  8. Sep 2, 20264 EDGAR
  9. Sep 2, 20264 EDGAR
  10. Sep 2, 20264 EDGAR
  11. Sep 2, 20264 EDGAR
  12. Sep 2, 20264 EDGAR
  13. Aug 31, 20268-K EDGAR
  14. Aug 17, 20268-K EDGAR
  15. Aug 17, 2026424B5 EDGAR
  16. Aug 14, 20263 EDGAR
  17. Aug 14, 2026424B5 EDGAR
  18. Aug 10, 20268-K EDGAR
  19. Aug 6, 202610-Q EDGAR
  20. Aug 6, 20268-K EDGAR

The 368 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

3 open-market trades by officers, directors and large owners since October 2021: 0 buys and 3 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jan 28, 2025Smith JadaDirectorSale20,113$1.61$32.4KForm 4
Dec 17, 2021oz seval FDirectorSale1,250$5.94$7.4KForm 4
Dec 9, 2021BIDDISCOMBE SIMONDirectorSale30,000$6.89$206.6KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
O'ROURKE & COMPANY, Inc90,219$29.5K0.0%New
Quinn Opportunity Partners LLC20,000$6.5K0.0%New
Strategic Wealth Partners, Ltd.875$2860.0%New
Hollencrest Capital Management100$330.0%New

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

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