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MicroVision (MVIS) investor relations material
MicroVision Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Appointed Glen DeVos as CEO, strengthening leadership and focusing on transforming lidar through cost reduction, innovation, and automotive expertise.
Launched MOVIA S solid-state lidar and Tri-Lidar Architecture, expanding the product portfolio for automotive, industrial, and defense sectors.
Acquired Scantinel Photonics to add 1550-nanometer FMCW ultra-long-range lidar technology, expanding addressable markets and product suite.
Restructured in 2024 to prioritize core perception software and MAVIN/MOVIA products, reducing workforce and operating expenses.
Opened new design and testing facilities in the D.C. area to accelerate defense sector development.
Financial highlights
Q3 2025 revenue was $0.2–$0.24 million, primarily from industrial sales, flat or up 27% year-over-year.
Net loss for Q3 2025 was $14.2 million ($0.05/share); adjusted EBITDA loss was $11.7 million.
Operating expenses for Q3 2025 were $12.0 million, down 22% year-over-year.
Cash used in operations for Q3 2025 was $16.5 million, up from $14.1 million year-over-year.
Ended Q3 2025 with $99.5 million in cash and equivalents, up from $74.7 million at year-end 2024.
Outlook and guidance
MOVIA S production launch planned for Q4 2026; LCAS system launch in Q2 2026.
Management expects sufficient liquidity for at least 12 months, with additional capital needed beyond that.
Revenue pipeline from industrial customers expected to take longer to realize due to product transitions and customer delays.
Anticipated increase in quarterly spending by $1.5–$2 million to support strategic initiatives, including new hires and Scantinel integration.
Financial runway extended into 2027 due to recent funding and cost management.
- TimeTickerHeadlineOpen
- 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebPECO
2026 FFO per share growth guided at 5.5% with record occupancy and robust acquisitions. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRI
Net loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high. - 6 FebCRI
Net loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway. - 6 FebEMBASSY
Record revenue, NOI, and distributions highlight strong growth and robust segment performance. - 6 FebCRI
Revenue fell and losses deepened, but ESA contracts and R&D projects drive future prospects. - 6 FebTUPRS
Net income reached TRY 29.5 billion, with strong dividends and a robust net cash position.
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