| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 0.94 | 59.3% |
| Total Income | 0.94 | 59.3% |
| Expenditure | 24.43 | 67.0% |
| PBT | -25.11 | 12.5% |
| Net Profit | -25.29 | 12.1% |
| OPM | — | |
| NPM | — | |
| EPS | -0.08 | 33.3% |
MicroVision Announces Q1 2026 Results; Revenue at $0.9 Million
14 May 2026 · 14 May, 1:57 am
Summary
MicroVision announced its first quarter 2026 results, with revenue increasing to $0.9 million compared to $0.6 million in the first quarter of 2025, driven by higher sensor shipments. Total operating expenses rose to $23.9 million, primarily due to acquisition and integration costs. The net loss for the quarter was $25.3 million, or $0.08 per share, an improvement from the $28.8 million loss, or $0.12 per share, in the prior year. The company ended the quarter with $46.1 million in cash and cash equivalents.
Key Highlights
- 1
MicroVision's revenue for the first quarter of 2026 was $0.9 million, compared to $0.6 million for the first quarter of 2025.
- 2
Total operating expenses for the first quarter of 2026 were $23.9 million, compared to $14.1 million for the first quarter of 2025.
- 3
Net loss for the first quarter of 2026 was $25.3 million, or $0.08 per share, compared to a net loss of $28.8 million, or $0.12 per share, for the first quarter of 2025.
- 4
Adjusted EBITDA for the first quarter of 2026 was a $17.2 million loss, compared to a $10.7 million loss for the first quarter of 2025.
- 5
Cash used in operations in the first quarter of 2026 was $16.4 million, compared to cash used in operations in the first quarter of 2025 of $14.1 million.
- 6
The Company ended the first quarter of 2026 with $46.1 million in cash and cash equivalents, including investment securities, compared to $74.8 million at December 31, 2025.
Management Comments
Glen DeVos
We feel very good about our accelerating progress throughout the first quarter, establishing a strong foundation and boldly executing on our strategy to transform the lidar industry. Following the Q1 asset acquisitions from Luminar and Scantinel, we’ve successfully incorporated the technologies and products, integrated the teams, and streamlined operations. Our broad product portfolio, ready-to-ship sensor inventories, and diversified product roadmap have allowed us to stabilize and strengthen existing commercial relationships while building new opportunities and partnerships. We’ve taken on the challenge of redefining lidar, and it is exciting to see the future taking shape.
Informational and educational content only. Not investment advice.