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Microvision (MVIS) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 8, 2025

Microvision (MVIS) reported revenue of $155K for the second quarter 2025 (Q2 2025), -92% from a year earlier and -74% from the quarter before.

Revenue$155K
Year over year-92%
Quarter over quarter-74%
Operating margin—
Net earnings−$14.2M

Microvision, Q2 2025: revenue $155K (-92% year over year), net loss $14.2M, operating cash flow −$12.7M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$155K-74%-92%
Operating profit−$14.7M——
Net earnings−$14.2M——
Operating cash flow−$12.7M——

What changed

Revenue was $155K in Q2 2025, down 92% year over year and down 74% from the previous quarter. License and Royalty Revenue was the largest line at 52% of revenue. Product Revenue lost $1.7M year over year (down 98%), 95% of the total change.

Operating costs exceeded revenue by $14.7M, an operating margin of -9455.5%. The quarter ended with a net loss of $14.2M, narrower than the previous quarter's $28.8M loss.

Operating cash flow was −$12.7M. Non-cash charges added back $1.5M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $2.0M. Capital expenditures of $208K exceeded it, leaving free cash flow of −$12.9M.

Questions

What was Microvision's revenue in the second quarter 2025?

Microvision (MVIS) reported revenue of $155K for the second quarter 2025 (Q2 2025), -92% from a year earlier and -74% from the quarter before.

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Source: Microvision 10-Q on SEC EDGAR.