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Microvision MVIS R&D credit carryforward

R&D credit carryforward at other companies

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Other financials

Income statement

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Revenue$935.0K+58.7%
Gross profit$363.0K+831%
Operating income-$23.5M-67.3%
Net income-$25.3M+12.1%
EPS (diluted)-$0.08+33.3%

Balance sheet

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Cash & equivalents$21.5M-59.8%
Total debt$53.4M+10.0%
Total equity$39.5M-25.7%
Total assets$110.2M-5.6%

Cash flow

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Operating cash flow-$16.4M-16.6%
CapEx$143.0K+44.4%
Free cash flow-$16.6M-16.8%

Valuation

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Market cap$112.7M-58.9%
Enterprise value$144.63M-42.0%
P/S72.5×-33.6×

Profitability

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Gross margin-1,095%-1,159pp
Operating margin-5,938.4%-9,823pp
Net margin-5,887.8%-16,314pp
FCF margin-3,976.1%-9,170pp

Returns & leverage

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Return on equity-197.3%+168pp
Debt / equity1.4×+0.4×
Current ratio-0.8×

Where this comes from

Reported directly by Microvision in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsResearch.

The official record: Microvision’s 10-K, filed March 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Microvision's r&d credit carryforward?
Microvision (MVIS) reported r&d credit carryforward of $11.16M in Q4 2025.
How has Microvision's r&d credit carryforward changed year-over-year?
Microvision's r&d credit carryforward increased by 1.0% year-over-year, from $11.05M to $11.16M.
What is the long-term trend for Microvision's r&d credit carryforward?
Over 5 years (2020 to 2025), Microvision's r&d credit carryforward has grown at a 4.8% compound annual growth rate (CAGR), from $8.84M to $11.16M.
What does r&d credit carryforward mean?
This represents the value of tax credits generated from research and development activities that can be carried forward to offset future taxable income. It serves as a potential future tax shield, enhancing the company's cash flow profile in profitable years. Investors monitor this to understand the company's ability to reduce future tax burdens based on historical innovation investments.