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Vuzix Corporation (VUZI)
NASDAQ:VUZI
Earnings Data
Report Date
May 13, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.1Last Year’s EPS
-0.11Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a cautiously optimistic tone. Financially, the company showed clear progress: significant Q4 revenue growth (76% YoY), modest full-year revenue growth (9%), meaningful reductions in net loss versus 2024 (helped by the absence of a prior-year impairment), improved cash position, lower inventory, and tightened SG&A. Strategically, Vuzix highlighted stronger OEM, defense, and waveguide momentum, a $20M strategic investment from Quanta, expanding customer engagements (Amazon, auto manufacturer, Collins Aerospace), and an extensive IP portfolio. However, risks remain: the business still reported a substantial net loss ($32.3M), R&D spending increased materially as the company invests in LX1 and waveguides, operating revenue remains small in absolute terms, and near-term revenue ramp is described as 'bumpy' and dependent on financing and execution. On balance, the positives—financial stabilization, strategic validation, partnerships, and visible OEM pipeline—outweigh the near-term operational and execution challenges.Company Guidance
Strong Q4 Revenue Growth
Q4 2025 revenue was $2.2M vs $1.3M in Q4 2024, an increase of 76%, driven by higher unit sales of M400 smart glasses and significantly higher engineering services sales.
Full-Year Revenue and Engineering Services Expansion
Full-year 2025 revenue rose to $6.3M from $5.8M in 2024, a 9% increase. Product sales increased 4% year-over-year and engineering services grew to $1.6M from $1.3M, up 27%.
Improved Profitability Metrics vs Prior Year
Gross loss improved to $1.1M in 2025 from a $5.6M loss in 2024, and full-year net loss narrowed to $32.3M ($0.42/share) from $73.5M ($1.08/share) in 2024. Excluding a $30.1M impairment recorded in 2024, net loss improved by over $11M year-over-year.
Stronger Liquidity and Working Capital
Cash balance increased to $21.2M as of Dec 31, 2025 (from $18.2M a year earlier). Net working capital was $22.3M, no current or long-term debt, and net inventory declined to $2.2M from $4.8M.
Reduced Operating Cash Burn and Fundraising
Net cash used in operating activities improved to $8.8M in 2025 vs $23.7M in 2024 (decline of $14.9M). The company raised $24.4M in 2025 (including $10.0M from Quanta and $14.3M from ATM equity) and an additional $6.0M in 2026-to-date.
Cost Discipline in SG&A
Sales & marketing expenses fell 33% to $5.5M (from $8.2M) and general & administrative expenses fell 32% to $11.6M (from $17.2M), with notable declines in non-cash stock-based compensation and headcount-related cash costs.
Strategic Validation: Quanta Investment and Partnerships
Quanta completed additional tranches bringing total strategic investment to $20M, validating Vuzix's waveguide roadmap and manufacturing capabilities. The company also strengthened display ecosystem partnerships (TCL, CSOT, Safflex, Himax, Avogent) and reports over 500 patents/pending worldwide.
OEM, Defense and Waveguide Momentum
Management reports multiple OEM contracts and expanding defense/government engagement, with examples including a leading auto manufacturer, expanded Amazon programs, and production orders beginning from Collins Aerospace. Management expects OEM and waveguide revenue to climb quarter-over-quarter in 2026 and to surpass branded enterprise revenue during the year.
Product Development Progress
Completion of the LX1 development in 2025 (with shipments beginning early 2026) and continued support/monetization of the M400 platform signal progress on product roadmap and go-to-market readiness.
VUZI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VUZI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 12, 2026 | $2.55 | $2.19 | -14.12% |
Nov 13, 2025 | $2.45 | $2.26 | -7.76% |
Aug 14, 2025 | $2.20 | $2.02 | -8.18% |
May 12, 2025 | $2.10 | $2.60 | +23.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Vuzix Corporation (VUZI) report earnings?
Vuzix Corporation (VUZI) is schdueled to report earning on May 13, 2026, After Close (Confirmed).
What is Vuzix Corporation (VUZI) earnings time?
Vuzix Corporation (VUZI) earnings time is at May 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VUZI EPS forecast?
VUZI EPS forecast for the fiscal quarter 2026 (Q1) is -0.1.