NASDAQ$VUZI

Vuzix Corp · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Vuzix reported a 19% year-over-year revenue increase in Q2 2025, driven by higher M400 smart glasses sales, while significantly reducing operating expenses.

Vuzix saw strong revenue growth in Q2 2025, mainly from increased smart glasses sales. Operating expenses were significantly reduced, resulting in a narrowed net loss. The company continues to advance its OEM waveguide business and prepare for LX1 smart glasses rollout.

  • Revenue increased 19% YoY to $1.3 million, driven by M400 smart glasses sales
  • Net loss significantly narrowed to $7.7 million from $40.6 million YoY
  • Cash operating expenses decreased 26% YoY
  • LX1 enterprise smart glasses introduced with rollout expected by year-end

Headline financials

Total Revenue

$1.3M

Previous: $1.09M+18.6%
EPS (adj)

-$0.10

Previous: -$0.62+83.9%
Capital Expenditures

-$1.34M

Previous: -$930K-44.2%
Net Income

-$7.67M

Previous: -$40.6M+81.1%
Operating Income

-$7.86M

Previous: -$40.7M+80.7%
Gross Profit

-$761K

Previous: -$333K-128.4%

Revenue & EPS history

Vuzix · Revenue · Quarterly

$1.3M

Q2 2025+18.6%vs Q2 2024
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

Vuzix anticipates additional OEM/ODM design wins and recurring revenue from enterprise and defense sectors, supported by LX1 product rollout and continued demand for AI smart glasses.

Tailwinds

  • Expecting final $5M Quanta tranche based on milestone achievement
  • Pipeline of new OEM/ODM design wins under development
  • Anticipated recurring revenue from co-branded AI smart glasses
  • Enterprise customer usage shows measurable productivity gains
  • LX1 product rollout scheduled before year-end

Headwinds

  • Inventory obsolescence impacted gross margin
  • Engineering services revenue declined YoY
  • Still reporting negative gross profit
  • Continued cash burn from operations
  • No clear visibility on large-scale defense contracts

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 Q2 2025

Historical avgQ2 2025

-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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