NASDAQ$MVIS

MicroVision Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

MicroVision's Q1 2022 results were announced, with progress in lidar sensor testing and ongoing interest from automotive OEMs.

MicroVision reported Q1 2022 revenue of $0.4 million, a net loss of $13.2 million, and ended the quarter with $103.3 million in cash and cash equivalents.

  • Revenue for Q1 2022 was $0.4 million, compared to $0.5 million in Q1 2021.
  • Net loss for Q1 2022 was $13.2 million, or $0.08 per share, compared to a net loss of $6.2 million, or $0.04 per share in Q1 2021.
  • Adjusted EBITDA for Q1 2022 was negative $9.0 million, compared to negative $4.3 million in Q1 2021.
  • Cash used in operations for Q1 2022 was $10.9 million, compared to $4.5 million in Q1 2021.

Headline financials

Total Revenue

$350K

Previous: $479K-26.9%
EPS (adj)

-$0.08

Previous: -$0.04-100.0%
Adjusted EBITDA

-$8.98M

No prior period
Capital Expenditures

-$884K

Previous: -$565K-56.5%
Free Cash Flow

-$14.1M

Previous: -$6.8M-106.8%
Net Income

-$13.2M

Previous: -$6.23M-111.3%
Operating Income

-$13.1M

Previous: -$6.23M-110.8%
Gross Profit

$346K

Previous: $484K-28.5%
Cash & Equivalents

$55.6M

Previous: $75.3M-26.2%
Total Assets

$118M

Previous: $79.6M+47.9%
Stock-Based Comp

$3.73M

Previous: $1.64M+128.0%

Revenue & EPS history

MicroVision · Revenue · Quarterly

$350K

Q1 2022-26.9%vs Q1 2021
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

MicroVision · $935K total across 2 segments · Q1 2026

  • Product Revenue
    $909K
  • License and Royalty
    $26K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-4.0%

Avg return

Earnings day

-4.4%

Avg return

5 days after

+0.9%

Avg return

30 days after

37%

24 / 65 earnings

Positive

+21.7%

Q4 2020

Best reaction

-31.9%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-6.7%-2.2%-39.4%
Q4 2025-29.5%-28.2%-17.9%
Q3 2025-11.3%-14.0%-12.1%
Q2 2025-0.9%+1.8%-0.9%
Q1 2025+0.9%-2.7%+12.5%
Q4 2024-6.5%-14.4%-12.9%
Q3 2024-0.9%-8.3%-17.6%
Q2 2024-3.0%-8.6%+5.4%
Q1 2024-24.7%-13.6%-34.0%
Q4 2023+5.8%+0.0%-17.5%
Q3 2023-1.0%+6.5%+27.4%
Q2 2023-12.5%-13.9%-27.6%
Q1 2023+1.7%+8.6%+228.3%
Q4 2022-6.0%-0.4%+2.8%
Q3 2022-3.8%-2.4%-18.9%
Q2 2022+12.9%+10.3%+8.6%
Q1 2022+5.4%+21.1%+24.4%
Q4 2021+16.7%+38.5%+30.8%
Q3 2021-8.0%+4.8%-15.2%
Q2 2021+10.3%+27.5%+19.2%
Q1 2021-27.3%-26.6%-25.7%
Q4 2020+21.7%+17.3%-0.9%
Q3 2020-28.2%-23.7%-4.6%
Q2 2020-25.6%-40.2%-41.7%
Q1 2020-31.9%-18.6%-9.7%
Q4 2019-16.7%-29.2%-12.5%
Q3 2019+5.6%+2.8%+5.6%
Q2 2019-7.4%-13.6%-7.4%
Q1 2019-15.1%-19.3%-30.3%
Q4 2018-7.7%+2.6%-18.8%
Q3 2018-4.7%-4.7%-12.1%
Q2 2018+7.6%+5.4%+15.2%
Q1 2018+0.0%+5.9%-4.4%
Q4 2017-9.8%-6.5%-8.9%
Q3 2017-29.0%-28.5%-26.2%
Q2 2017+6.9%+6.5%-0.4%
Q1 2017-17.3%-20.2%-22.8%
Q4 2016+4.3%+2.5%+37.0%
Q3 2016+11.7%+18.1%+71.3%
Q2 2016-10.9%-15.4%-13.1%
Q1 2016+16.3%
Q4 2015-11.9%
Q3 2015-8.6%
Q2 2015-10.1%
Q1 2015-4.5%
Q4 2014+7.9%
Q3 2014+1.7%
Q2 2014+3.8%
Q1 2014+1.3%
Q4 2013+0.5%
Q3 2013-6.9%
Q2 2013-3.5%
Q1 2013+4.7%
Q4 2012-2.9%
Q3 2012-1.3%
Q2 2012-1.0%
Q1 2012+1.2%
Q4 2011-9.8%
Q3 2011+0.0%
Q2 2011+3.8%
Q1 2011+1.5%
Q4 2010-3.2%
Q3 2010-2.9%
Q2 2010-4.2%
Q1 2010+5.8%

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