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 3 of 13 quarters(23%)
ActualEstimate

Revenue by segment

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

  • Product Revenue
    $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 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-4.0%

Avg return

Earnings day

-4.4%

Avg return

5 days after

+1.9%

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%
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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