NASDAQ$MVIS

MicroVision Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

MicroVision Inc reported a net loss of $25.3 million on revenue of $0.9 million for the first quarter of 2026.

MicroVision completed two strategic acquisitions during the quarter to expand its lidar portfolio and geographic footprint. Revenue increased 59% year-over-year to $935 thousand, driven by shipments of long-range IRIS and short-range MOVIA L sensors. The company maintained sufficient liquidity to fund operations for at least the next twelve months while advancing integration of the acquired businesses.

  • Revenue rose 59% to $935 thousand, primarily from automotive and industrial lidar sensor shipments.
  • Net loss narrowed to $25.3 million from $28.8 million in the prior-year quarter.
  • Completed acquisitions of Scantinel and Luminar lidar assets, adding developed technology and inventory.
  • Ended the quarter with $46.1 million in cash and cash equivalents and access to an additional $42 million under its ATM facility.

Headline financials

Total Revenue

$935K

Previous: $589K+58.7%
EPS (adj)

-$0.08

Previous: -$0.12+33.3%
Inventory Write-downs

$27K

No prior period
Capital Expenditures

-$143K

Previous: -$99K-44.4%
Free Cash Flow

-$16.6M

No prior period
Net Income

-$25.3M

Previous: -$28.8M+12.1%
Operating Income

-$23.5M

Previous: -$14M-67.3%
Gross Profit

$363K

Previous: $39K+830.8%
Cash & Equivalents

$46.1M

No prior period
Total Assets

$110M

No prior period

Revenue & EPS history

MicroVision · Revenue · Quarterly

$935K

Q1 2026+58.7%vs Q1 2025
Beat estimate in 4 of 14 quarters(29%)
ActualEstimate

Revenue by segment

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

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

Forward guidance

The company expects to maintain sufficient liquidity to fund operations for at least the next twelve months based on its current operating plan and anticipated financing activities.

Tailwinds

  • Strong cash position of $46.1 million plus $42 million available under ATM facility.
  • Minimum liquidity covenant of $21.5 million or 110% of outstanding notes satisfied.

Headwinds

  • Continued operating losses and cash burn expected in the near term.
  • Integration costs from recent acquisitions will increase near-term expenses.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-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
Q2 2026———
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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