NASDAQ$VUZI

Vuzix Corp · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Vuzix Corp reported a net loss of $7.1 million on revenue of $1.4 million for Q1 2026.

Vuzix Corporation posted total revenue of $1,391,324 for the first quarter of 2026, down 12% year-over-year, with a gross loss of $377,911 and a net loss of $7,071,324. Operating expenses declined to $6.8 million from $8.5 million in the prior-year quarter, aided by lower stock-based compensation. The company raised $5.8 million via its ATM program and ended the quarter with $20.2 million in cash.

  • Revenue fell 12% YoY to $1.39 million, driven by a 21% drop in product sales partially offset by 36% growth in engineering services.
  • Net loss narrowed 18% to $7.07 million as operating expenses decreased $1.68 million, primarily from reduced non-cash stock compensation.
  • Cash used in operations increased to $5.56 million; the company raised $5.78 million net from its ATM equity offering.
  • Working capital remained strong at $20.8 million with $20.2 million in cash and cash equivalents at quarter end.

Headline financials

Total Revenue

$1.39M

Previous: $1.58M-12.0%
EPS (adj)

-$0.09

Previous: -$0.11+18.2%
Selling and Marketing

$1.55M

Previous: $1.54M+0.9%
General and Administrative

$2.13M

Previous: $3.96M-46.1%
Working Capital

$20.8M

Previous: $19.5M+6.5%
Research and Development

$3.03M

Previous: $2.61M+16.2%
Cash Flow from Operations

-$5.56M

Previous: -$3.5M-58.7%
Capital Expenditures

-$996K

Previous: -$613K-62.4%
Free Cash Flow

-$6.55M

No prior period
Net Income

-$7.07M

Previous: -$8.64M+18.1%
Operating Income

-$7.21M

Previous: -$8.77M+17.9%
Gross Profit

-$378K

Previous: -$265K-42.6%
Cash & Equivalents

$20.2M

No prior period
Total Assets

$38.4M

No prior period

Revenue & EPS history

Vuzix · Revenue · Quarterly

$1.39M

Q1 2026-12%vs Q1 2025
Beat estimate in 4 of 13 quarters(31%)
ActualEstimate

Revenue by segment

Vuzix · $1.39M total across 2 segments · Q1 2026

  • Products Sales
    $1.04M
  • Engineering Services
    $349K

Forward guidance

Management plans to raise additional capital, curtail discretionary spending, and leverage the new waveguide manufacturing facility for future OEM revenue.

Tailwinds

  • New waveguide plant expected to contribute margins once volume production begins
  • Continued pursuit of licensing deals with potential OEM customers
  • ATM facility provides ongoing access to equity capital

Headwinds

  • Ongoing operating losses and cash burn raise going-concern considerations
  • Need to significantly grow revenue to reach profitability

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

-4.7%

Avg return

Earnings day

-1.2%

Avg return

5 days after

+5.4%

Avg return

30 days after

20%

13 / 65 earnings

Positive

+23.0%

Q1 2025

Best reaction

-33.3%

Q1 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.0%+36.1%
Q4 2025-15.2%-20.4%-5.9%
Q3 2025-6.7%-11.0%+10.6%
Q2 2025-9.1%-12.3%+1.4%
Q1 2025+23.0%+21.9%+46.2%
Q4 2024+8.3%+8.3%-23.4%
Q3 2024-16.3%-1.8%+189.9%
Q2 2024-13.3%-7.1%+3.0%
Q1 2024-6.3%+17.2%+7.0%
Q4 2023-2.4%-1.6%+26.0%
Q3 2023-21.8%-27.9%-35.5%
Q2 2023-6.6%-6.0%-21.4%
Q1 2023-11.3%-16.0%+8.4%
Q4 2022-5.3%-1.0%-0.2%
Q3 2022-5.1%-3.0%-16.7%
Q2 2022+7.7%+14.9%-12.7%
Q1 2022-10.2%+4.1%+37.6%
Q4 2021+0.4%+3.7%+16.6%
Q3 2021+13.3%+22.7%-14.3%
Q2 2021-6.0%-9.7%-12.6%
Q1 2021-10.1%-16.6%+0.9%
Q4 2020-14.4%+19.5%+4.4%
Q3 2020-12.7%-4.3%+6.4%
Q2 2020-13.0%-12.3%+6.7%
Q1 2020-11.7%-12.4%-15.7%
Q4 2019-23.1%-13.4%+18.7%
Q3 2019-8.0%-6.3%+0.8%
Q2 2019-1.0%+2.0%+10.2%
Q1 2019+7.7%+2.8%-17.5%
Q4 2018-0.8%-1.9%-25.8%
Q3 2018-5.9%-9.0%-12.3%
Q2 2018+6.5%+1.6%+3.2%
Q1 2018-7.8%-7.8%+7.8%
Q4 2017-9.2%-15.7%-13.7%
Q3 2017+13.1%+26.3%+36.4%
Q2 2017-8.2%-1.6%+0.0%
Q1 2017-7.8%-6.9%+6.9%
Q4 2016-2.1%-14.5%-22.8%
Q3 2016+6.5%+18.0%+3.6%
Q2 2016-6.5%-7.4%+9.1%
Q1 2016+5.9%
Q4 2015-11.5%
Q3 2015-0.6%
Q2 2015-6.8%
Q1 2015-8.1%
Q4 2014-3.3%
Q3 2014-12.3%
Q2 2014-0.7%
Q2 2013-4.1%
Q1 2014-4.1%
Q4 2013+13.2%
Q3 2013-4.1%
Q1 2013-3.7%
Q2 2012-16.9%
Q4 2012+0.0%
Q3 2011+0.0%
Q3 2012+0.0%
Q1 2012-33.3%
Q4 2011+0.0%
Q2 2011+0.0%
Q1 2011+14.3%
Q4 2010-11.1%
Q3 2010+0.0%
Q2 2010-27.3%
Q1 2010+0.0%

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