Filing Flows › Microvision (MVIS) › Q3 2025
Microvision (MVIS) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Microvision (MVIS) reported revenue of $241K for the third quarter 2025 (Q3 2025), +27% from a year earlier and +55% from the quarter before.
Microvision, Q3 2025: revenue $241K (+27% year over year), net loss $14.2M, operating cash flow −$16.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $241K | +55% | +27% |
| Operating profit | −$12.7M | — | — |
| Net earnings | −$14.2M | — | — |
| Operating cash flow | −$16.5M | — | — |
What changed
Revenue was $241K in Q3 2025, up 27% year over year and up 55% from the previous quarter. License and Royalty Revenue was the largest line at 88% of revenue. License and Royalty Revenue added $88K year over year (up 70%), 173% of the total change. Product Revenue declined 57%.
Operating costs exceeded revenue by $12.7M, an operating margin of -5278.4%. Total costs fell 18% while revenue rose 27%. The fastest-growing cost line was Cost of revenue (+64%). The quarter ended with a net loss of $14.2M, narrower than the previous quarter's $14.2M loss.
Operating cash flow was −$16.5M. Non-cash charges added back $1.4M of depreciation and amortization. Working capital and other items used $3.7M. Capital expenditures of $128K exceeded it, leaving free cash flow of −$16.6M.
Questions
What was Microvision's revenue in the third quarter 2025?
Microvision (MVIS) reported revenue of $241K for the third quarter 2025 (Q3 2025), +27% from a year earlier and +55% from the quarter before.
Source: Microvision 10-Q on SEC EDGAR.