What is Microvision's R&D?

Microvision (MVIS) reported R&D of $14.45M in Q1 2026.

How has Microvision's R&D changed year-over-year?

Microvision's R&D increased by 95.1% year-over-year, from $7.4M to $14.45M.

What is the long-term trend for Microvision's R&D?

Over 4 years (2021 to 2025), Microvision's R&D has grown at a 7.1% compound annual growth rate (CAGR), from $24.11M to $31.72M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Microvision MVIS R&D

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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 ratio1×-0.8×

Where this comes from

Reported directly by Microvision in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Microvision’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Microvision's R&D?: Microvision (MVIS) reported R&D of $14.45M in Q1 2026.
How has Microvision's R&D changed year-over-year?: Microvision's R&D increased by 95.1% year-over-year, from $7.4M to $14.45M.
What is the long-term trend for Microvision's R&D?: Over 4 years (2021 to 2025), Microvision's R&D has grown at a 7.1% compound annual growth rate (CAGR), from $24.11M to $31.72M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.