| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 0.24 | 50.0% | 26.3% |
| Total Income | 0.24 | 50.0% | 26.3% |
| Expenditure | 12.96 | 12.5% | 18.5% |
| PBT | -14.05 | 0.6% | 8.8% |
| Net Profit | -14.22 | 0.1% | 8.4% |
| OPM | — | ||
| NPM | — | ||
| EPS | -0.05 | 16.7% | 28.6% |
MicroVision Announces Q3 2025 Results
04 May 2026 · 4 May, 7:28 am
Summary
MicroVision announced its third quarter 2025 results, with revenue at $0.2 million, flat compared to the same period in 2024. The net loss for the quarter was $14.2 million, or $0.05 per share, an improvement from the $15.5 million loss in Q3 2024. Adjusted EBITDA remained consistent year-over-year at a loss of $11.7 million. The company's cash and cash equivalents, including investment securities, totaled $99.5 million at the end of the quarter.
Key Highlights
- 1
MicroVision's revenue for the third quarter of 2025 was $0.2 million, remaining flat compared to the third quarter of 2024.
- 2
Total operating expenses for Q3 2025 were $12.0 million, relatively flat year-over-year compared to $15.3 million in Q3 2024 after adjusting for non-cash items.
- 3
The net loss for the third quarter of 2025 was $14.2 million, or $0.05 per share, compared to a net loss of $15.5 million, or $0.07 per share, for the third quarter of 2024.
- 4
Adjusted EBITDA for the third quarter of 2025 was a loss of $11.7 million, consistent with the $11.7 million loss in the third quarter of 2024.
- 5
Cash used in operations in the third quarter of 2025 was $16.5 million, compared to $14.1 million in the third quarter of 2024.
- 6
The company ended the third quarter of 2025 with $99.5 million in cash and cash equivalents, including investment securities, compared to $74.7 million as of December 31, 2024.
Management Comments
Glen DeVos
“I’ve been thrilled to see the Company’s momentum and energy these past six weeks, as I stepped into my new role here at MicroVision,” said Glen DeVos, MicroVision’s Chief Executive Officer. “The Company is making great strides – processing the high level of external interest stemming from the unveiling at IAA Mobility of our next-gen short-range sensor; optimizing perception system value to automotive OEMs by disrupting norms to offer a cost-effective, integrated solution; accelerating our drone-agnostic perception solution and expansion into ISR applications; and collaborating with the EU’s photonics ecosystem to bring 1550nm FMCW lidar technology to the commercial vehicle and passenger car markets.” “Based on my experience in the evolution of radar, I’m confident that MicroVision will be a leader in lidar, driving the market to a similar inflection point as we saw when radar became a standard feature in automotive ADAS,” continued DeVos. “MicroVision has the product portfolio, engineering excellence, and strategic plan to disrupt the market and I am thrilled to lead MicroVision as we redefine the future of lidar.”
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