Filing Flows › Microvision (MVIS) › Q3 2026
Microvision (MVIS) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 30, 2026
Microvision (MVIS) reported revenue of $2.4M for the third quarter 2026 (Q3 2026), +896% from a year earlier and +63% from the quarter before. Operating margin was -889.0%, net loss $12.2M (509.5% of revenue).
Microvision, Q3 2026: revenue $2.4M (+896% year over year), operating margin -889.0%, net loss $12.2M, operating cash flow −$13.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4M | +63% | +896% |
| Operating profit | −$21.3M | — | — |
| Net earnings | −$12.2M | — | — |
| Operating cash flow | −$13.6M | — | — |
What changed
Revenue was $2.4M in Q3 2026, up 896% year over year and up 63% from the previous quarter. Product Revenue was the largest line at 93% of revenue. Product Revenue added $2.2M year over year (up 7886%), 102% of the total change. License and Royalty Revenue declined 94%.
Gross margin was 50.0%. Operating costs exceeded revenue by $21.3M, an operating margin of -889.0%. The fastest-growing cost line was SG&A (+132%). The quarter ended with a net loss of $12.2M, narrower than the previous quarter's $36.9M loss. Non-operating items added $9.1M, -75% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$13.6M. Non-cash charges added back $2.9M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items used $5.5M. Capital expenditures of $1.4M exceeded it, leaving free cash flow of −$15.0M.
Questions
What was Microvision's revenue in the third quarter 2026?
Microvision (MVIS) reported revenue of $2.4M for the third quarter 2026 (Q3 2026), +896% from a year earlier and +63% from the quarter before.
Was Microvision profitable in the third quarter 2026?
Operating loss was $21.3M (-889.0% of revenue) and net loss $12.2M.
Source: Microvision 10-Q on SEC EDGAR.