MicroVision, Inc.

NASDAQ•MVIS

CEO: Mr. Sumit Sharma

Sector: Technology

Industry: Hardware, Equipment & Parts

Listing Date: 1996-08-27

MicroVision, Inc. develops and sells lidar sensors and software used in automotive safety and autonomous driving applications. It offers a suite of light detection and ranging (lidar) sensors and perception; and validation software for automotive OEMs, advanced driver-assistance systems, and autonomous vehicle applications, as well as non-automotive applications including industrial, robotics, and smart infrastructure. The company also provides MAVIN DR, a dynamic view lidar system, which combines short, medium, and long range sense and field of view into one form; lidar sensors under the MOVIA brand name; and MOSAIK, a software that automates manual data classification or annotation process. In addition, it provides engineering services for its hardware and software products. The company markets its products to customers directly, through trade shows, and its website. MicroVision, Inc. was founded in 1993 and is headquartered in Redmond, Washington.

Contact Information

18390 NE 68th Street, Redmond, WA, 98052, United States

425-936-6847

www.microvision.com

Market Cap

$194.52M

P/E (TTM)

-2.0

21.9

Dividend Yield

52W High

$1.73

52W Low

$0.51

52W Range

10%

Rank59Top 87.6%

2.2

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 2.2 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$223.00K+0.00%

4-Quarter Trend

EPS

-$0.12+0.00%

4-Quarter Trend

FCF

-$15.65M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Significant Revenue Decline Observed Revenue 1.2M USD, down 74.3% from 4.7M USD in 2024, reflecting lower sales to agricultural and industrial equipment customers.

Strong Total Liquidity Position Total liquidity 104.5M USD as of February 2026, bolstered by cash and proceeds from recent senior secured convertible notes issuance.

Strategic Lidar Asset Acquisitions Acquired Scantinel and Luminar lidar assets in 2026 to expand technology portfolio and strengthen long-range lidar market position for growth.

Risk Factors

Persistent Operating Net Losses Net loss 95.0M USD in 2025, with accumulated deficit 957.3M USD, raising concerns about future profitability and long-term financial sustainability.

Nasdaq Minimum Bid Risk Received notification of non-compliance with 1.00 USD minimum bid price requirement, risking potential delisting from the Nasdaq Global Market exchange.

High Customer Revenue Concentration Four customers accounted for 42%, 19%, 15%, and 12% of 2025 revenue, creating significant risk if key contracts are not replaced.

Internal Control Weakness Risk Complexity of German subsidiary integration increases risk of material weakness in internal controls over financial reporting for the 2025 period.

Outlook

Operational Consolidation Plan Implementation Consolidating Redmond engineering and manufacturing into Orlando facility to reduce operating expenses and improve organizational efficiency throughout fiscal year 2026.

Continued Strategic R&D Investment Maintaining substantial R&D investment to advance lidar sensors and perception software for automotive, industrial, and security and defense market sectors.

Capital Allocation Strategy Execution Utilizing available 42.0M USD ATM facility and existing liquidity to fund operations and support commercialization of lidar technology and products.

Peer Comparison

Revenue (TTM)

XRX

$7.02B

+12.9%

MEI

$978.20M

-8.4%

LSAK

$743.30M

+21.1%

Gross Margin (Latest Quarter)

SOHU

75.3%

+6.7pp

SATL

67.8%

+8.7pp

MLAB

64.2%

+0.2pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
VPG	$542.80M	102.4	1.6%	14.0%
LPTH	$523.07M	-24.6	-70.2%	6.9%
SOHU	$487.06M	1.1	35.2%	0.0%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-27.7%

Growth Under Pressure

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

Cash Flow Needs Attention

Deep Research

Next earnings:Mar 24, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data