NASDAQ$VUZI

Vuzix Corp · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Vuzix reported a narrower net loss and reduced operating expenses during Q3 2025 despite a decline in revenue.

Vuzix experienced a 16% drop in revenue for Q3 2025, mainly due to decreased sales in smart glasses and engineering services. However, operating expenses were cut by 22%, narrowing the net loss compared to the previous year.

  • Revenue declined 16% year-over-year to $1.2 million due to lower sales of smart glasses and engineering services.
  • Net loss improved to $7.4 million from $9.2 million in the prior year period.
  • Operating expenses fell by 22%, highlighting improved cost control.
  • Vuzix received new purchase orders from a global online retailer and a U.S. defense contractor, indicating future revenue opportunities.

Headline financials

Total Revenue

$1.16M

Previous: $1.39M-16.2%
EPS (adj)

-$0.09

Previous: -$0.14+35.7%
Selling and Marketing

$1.15M

No prior period
General and Administrative

$2.58M

No prior period
Working Capital

$24.3M

No prior period
Research and Development

$2.94M

No prior period
Cash Flow from Operations

-$5M

No prior period
Capital Expenditures

-$1.66M

Previous: -$1.13M-46.9%
Net Income

-$7.35M

Previous: -$9.22M+20.3%
Operating Income

-$7.49M

Previous: -$9.3M+19.4%
Gross Profit

-$411K

Previous: -$260K-58.2%

Revenue & EPS history

Vuzix · Revenue · Quarterly

$1.16M

Q3 2025-16.2%vs Q3 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 expects strong sequential and year-over-year revenue growth in Q4 2025, supported by a large smart glasses backlog and OEM program progress.

Tailwinds

  • Robust growth expected in Q4 across product and engineering revenues
  • Strong OEM pipeline with multiple in-flight programs
  • Quanta partnership continues to scale and support smart glasses development
  • Improved cost control and operational discipline
  • CES 2026 planned showcase to highlight new OEM co-developed products

Headwinds

  • Decline in Q3 revenue due to lower product and service sales
  • Gross loss sustained from under-absorption of fixed manufacturing costs
  • R&D expenses increased 26% year-over-year
  • Smart glasses revenue saw a 9% decline
  • Engineering services revenue dropped 33% from prior year

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 Q3 2025

Historical avgQ3 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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