Quarterly ResultAug 6, 2026, 04:31 PM
MicroVision Q2 Revenue $1.5M; Net Loss $36.9M; Highlights Commercial Momentum
AI Summary
MicroVision reported its second quarter 2026 results, with revenue increasing to $1.5 million from $0.2 million year-over-year, driven by higher sensor shipments and development revenue. However, the company's net loss widened to $36.9 million, or $1.66 per share, primarily due to increased operating expenses from acquisitions and integration activities. The company highlighted significant commercial momentum, including new product launches, customer engagements, and an improved full-year cash burn guidance to approximately $60 million.
Key Highlights
- Q2 2026 revenue increased to $1.5 million from $0.2 million in Q2 2025.
- Net loss for Q2 2026 was $36.9 million, or $1.66 per share, compared to $14.2 million, or $0.84 per share in Q2 2025.
- Total operating expenses for Q2 2026 were $24.9 million, up from $14.1 million in Q2 2025.
- Adjusted EBITDA loss for Q2 2026 was $18.8 million, compared to $11.2 million loss in Q2 2025.
- Cash and cash equivalents stood at $27.2 million as of June 30, 2026, down from $74.8 million at Dec 31, 2025.
- Improved full-year cash burn guidance to approximately $60 million.
- Launched MOVIA™ Air product family for drones, autonomous aircraft, and defense applications.
- Signed a long-term development agreement with a leading construction and mining equipment OEM.
Price Impact
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