Vuzix (VUZI) reported R&D of $3.03M in Q1 2026.

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

Vuzix's R&D increased by 16.2% year-over-year, from $2.61M to $3.03M.

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

Over 4 years (2021 to 2025), Vuzix's R&D has grown at a 2.0% compound annual growth rate (CAGR), from $11.67M to $12.63M.

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

Vuzix VUZI R&D

R&D at other companies

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$11.42B+33.6%

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$8.92B+8.7%

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$17.7B+45.7%

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$1.11M-25.2%

CognexCGNX

$37.03M+6.6%

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$35.25M+1.0%

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 / equity0×0.0×

Current ratio6.2×-1.5×

Where this comes from

Reported directly by Vuzix in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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 R&D?: Vuzix (VUZI) reported R&D of $3.03M in Q1 2026.
How has Vuzix's R&D changed year-over-year?: Vuzix's R&D increased by 16.2% year-over-year, from $2.61M to $3.03M.
What is the long-term trend for Vuzix's R&D?: Over 4 years (2021 to 2025), Vuzix's R&D has grown at a 2.0% compound annual growth rate (CAGR), from $11.67M to $12.63M.
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.