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Microvision (MVIS) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

Microvision (MVIS) reported revenue of $1.5M for the second quarter 2026 (Q2 2026), +850% from a year earlier and +58% from the quarter before.

Revenue$1.5M
Year over year+850%
Quarter over quarter+58%
Operating margin—
Net earnings−$36.9M

Microvision, Q2 2026: revenue $1.5M (+850% year over year), net loss $36.9M, operating cash flow −$19.1M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.5M+58%+850%
Operating profit−$24.2M——
Net earnings−$36.9M——
Operating cash flow−$19.1M——

What changed

Revenue was $1.5M in Q2 2026, up 850% year over year and up 58% from the previous quarter. Product Revenue was the largest line at 75% of revenue. Product Revenue added $1.1M year over year (up 3138%), 81% of the total change. License and Royalty Revenue declined 78%.

Gross margin was 43.6%. Operating costs exceeded revenue by $24.2M, an operating margin of -1643.7%. The fastest-growing cost line was Research & development (+105%). The quarter ended with a net loss of $36.9M, wider than the previous quarter's $25.3M loss.

Operating cash flow was −$19.1M. Non-cash charges added back $3.0M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $13.5M. Capital expenditures of $305K exceeded it, leaving free cash flow of −$19.4M.

Questions

What was Microvision's revenue in the second quarter 2026?

Microvision (MVIS) reported revenue of $1.5M for the second quarter 2026 (Q2 2026), +850% from a year earlier and +58% from the quarter before.

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Source: Microvision 10-Q on SEC EDGAR.