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Microvision

MVIS

MicroVision is a pioneer in laser beam scanning technology, specializing in lidar-based perception solutions for automotive, industrial, and defense markets.

Market cap
$45.88M-88.9%
Revenue$2.9M+11.2%
Net income-$114.2M-27.4%
Free cash flow-$68.3M-21.2%
EPS (diluted)-$1.92-64.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 10, 2026 (in a month)
Revenue estimate$2.0M
EPS estimate-$0.75

Financials

Q2 2026

Income statement

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Revenue$1.5M+850%
Gross profit$642.0K+214%
Operating income-$24.2M-65.2%
Net income-$36.9M-160%
EPS (diluted)-$1.66-97.6%

Balance sheet

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Cash & equivalents$17.5M-76.9%
Total debt$45.5M-10.8%
Total equity$20.6M-73.3%
Total assets$88.6M-37.0%

Cash flow

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Operating cash flow-$19.1M-50.4%
CapEx$305.0K+46.6%
Free cash flow-$19.5M-50.3%

Valuation & ratios

Valuation

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Market cap$45.88M-88.9%
Enterprise value$73.85M-80.3%
P/S16×-137×

Profitability

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Gross margin-550.6%-800pp
Operating margin-3,545.9%+2,988pp
Net margin-3,976.7%+679pp
FCF margin-2,378.2%+235pp

Returns & leverage

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Return on equity-233.7%-7,883pp
Debt / equity2.2×+1.5×
Current ratio0.7×-1.7×

Segments

By segment

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Product Revenue$1.1M+3,138%
Contract Revenue$354.0K+785%
License And Royalty Revenue$18.0K-77.8%

By product

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Iris Sensor Sales$400.0K—
Movia L Sensor Sales$400.0K—
Semiconductor Design Services$200.0K—

Competitors

Profile

MicroVision is a pioneer in laser beam scanning technology, specializing in lidar-based perception solutions for automotive, industrial, and defense markets. The company develops integrated hardware and software systems that enable advanced driver assistance systems (ADAS) and autonomous vehicle features. Its core value proposition lies in its proprietary MEMS-based sensor architecture and edge computing software designed for high-performance, automotive-grade reliability and economic scalability.

Competitive position

MicroVision is a technology leader in MEMS-based lidar with a deep patent portfolio, though it faces intense competition from larger, better-capitalized automotive Tier 1 suppliers and pure-play lidar developers.

GeographiesUnited States, Germany, Europe, Asia
Customer segmentsEnterprise, Government, Industrial
Business modelHardware-as-a-Product, IP Licensing, Professional Services
SuppliersSemiconductor foundries, Laser diode suppliers, Contract manufacturers, Single-source MEMS die suppliers
CustomersAutomotive OEMs, Warehouse operators, Agricultural equipment manufacturers, Defense agencies, Commercial trucking companies
Listed1996
Employees340.0
CEOGlen W. DeVos
FilingsSEC EDGAR

FAQ

What is Microvision's market cap?
Microvision (MVIS) has a market capitalization of $45.9M and trades on NASDAQ.
What is Microvision's revenue and profitability?
Microvision generated $2.9M in trailing twelve-month revenue with a net loss of $114.2M, representing a net margin of -3976.7%. Gross margin stands at -550.6%, with free cash flow of -$68.3M. The latest reported period is Q2 2026.
Who are Microvision's competitors?
Microvision's key competitors include Ouster, Inc., Hesai Group, Innoviz Technologies, and others. These companies compete in similar markets and product categories.
Who does Microvision partner with?
Microvision's notable partners include Microsoft.
What subsidiaries does Microvision have?
Microvision's subsidiaries include Ibeo Automotive Systems GmbH, Scantinel Photonics GmbH.
Where is Microvision headquartered?
Microvision is headquartered in United States of America and employs approximately 340 people. It has been publicly traded since 1996.