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Vuzix VUZI Increase Decrease Accrued Revenue In Excess Of Billings

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Other financials

Income statement

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Revenue$1.4M-12.0%
Gross profit-$377.9K-42.5%
Operating income-$7.2M+17.9%
Net income-$7.1M+18.1%
EPS (diluted)-$0.09+18.2%

Balance sheet

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Cash & equivalents$20.2M+32.4%
Total debt$872.2K+143%
Total equity$24.0M-26.9%
Total assets$38.4M+7.3%

Cash flow

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Operating cash flow-$5.6M-60.9%
CapEx$996.4K+62.4%
Free cash flow-$6.6M-61.1%

Valuation

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Market cap$241.16M+9.8%
Enterprise value$221.86M+9.6%
P/S39.6×-0.1×

Profitability

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Gross margin-19.3%-8.7pp
Operating margin-507.9%-196pp
Net margin-504.1%-194pp
FCF margin-382.3%+2.4pp

Returns & leverage

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Return on equity-108%-18.5pp
Debt / equity0.0×
Current ratio6.2×-1.5×

Where this comes from

Reported directly by Vuzix in its filing.

Tagged under the XBRL concept vuzi:IncreaseDecreaseAccruedRevenueInExcessOfBillings.

The official record: Vuzix’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vuzix's increase decrease accrued revenue in excess of billings?
Vuzix (VUZI) reported increase decrease accrued revenue in excess of billings of -$31.82K in Q1 2026.
How has Vuzix's increase decrease accrued revenue in excess of billings changed year-over-year?
Vuzix's increase decrease accrued revenue in excess of billings increased by 91.3% year-over-year, from -$364.93K to -$31.82K.
What does increase decrease accrued revenue in excess of billings mean?
This reflects changes in revenue recognized for services or products delivered but not yet billed to customers under contract terms. It highlights the timing difference between revenue recognition and the contractual right to invoice. Significant fluctuations can indicate changes in billing cycles or the pace of project completion relative to customer payment terms.