| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 1.47 | 56.4% | 818.8% |
| Total Income | 1.47 | 56.4% | 818.8% |
| Expenditure | 25.68 | 5.1% | 73.4% |
| PBT | -36.76 | 46.4% | 160.0% |
| Net Profit | -36.94 | 46.1% | 159.6% |
| OPM | — | ||
| NPM | — | ||
| EPS | -1.66 | 1975.0% | 2666.7% |
MicroVision Reports Q2 2026 Results and Highlights Commercial Momentum
07 Aug 2026 · 7 Aug, 2:01 am
Summary
MicroVision announced its second quarter 2026 results, reporting revenue of $1.5 million, a substantial increase from $0.2 million in the prior year's quarter, driven by increased sensor shipments and development revenue. The company incurred a net loss of $36.9 million ($1.66 per share) for the quarter, compared to a loss of $14.2 million ($0.84 per share) in Q2 2025, with operating expenses rising to $24.9 million due to acquisition integration. Management highlighted strong commercial momentum and execution of its Lidar 2.0 strategy, noting the launch of the MOVIA™ Air product family and the establishment of a semiconductor organization. The company also improved its full-year cash burn guidance to approximately $60 million.
Key Highlights
- 1
MicroVision reported revenue of $1.5 million for the second quarter of 2026, a significant increase from $0.2 million in the second quarter of 2025, driven by higher sensor shipments and development revenue.
- 2
Total operating expenses for Q2 2026 were $24.9 million, up from $14.1 million in Q2 2025, primarily due to acquisition-related costs and integration activities.
- 3
The company reported a net loss of $36.9 million, or $1.66 per share, for Q2 2026, compared to a net loss of $14.2 million, or $0.84 per share, in Q2 2025.
- 4
Adjusted EBITDA for Q2 2026 was a loss of $18.8 million, an improvement from a loss of $11.2 million in Q2 2025.
- 5
Cash used in operations for Q2 2026 was $19.1 million, including non-recurring acquisition-related payments, compared to $12.7 million in Q2 2025.
- 6
The company ended Q2 2026 with $27.2 million in cash and cash equivalents, and improved its full-year cash burn guidance to approximately $60 million.
- 7
MicroVision launched the MOVIA™ Air product family and established an in-house semiconductor organization to expand its custom ASIC and advanced imaging capabilities.
Management Comments
Glen DeVos
Our second quarter demonstrates that MicroVision has evolved into a commercially focused perception company with the products, technology, leadership and operational discipline needed to compete across multiple high-growth markets. Our Lidar 2.0 strategy is translating into meaningful commercial momentum and a path to near-term and future revenue. Our strategy is simple: deliver the right perception solutions at the right cost across multiple industries. We’re leveraging a common technology platform to address opportunities spanning industrial automation, security and defense, autonomous aerial systems, robotics and automotive. Every new customer, product and market reinforces the scalability of our business model and the trajectory of our revenue growth.
Informational and educational content only. Not investment advice.