Filing Flows › Microvision (MVIS) › Q4 2025
Microvision (MVIS) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 4, 2026
Microvision (MVIS) reported revenue of $223K for the fourth quarter 2025 (Q4 2025), -86% from a year earlier and -7% from the quarter before.
Microvision, Q4 2025: revenue $223K (-86% year over year), net loss $37.8M, operating cash flow −$15.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $223K | -7% | -86% |
| Operating profit | −$41.4M | — | — |
| Net earnings | −$37.8M | — | — |
| Operating cash flow | −$15.4M | — | — |
What changed
Revenue was $223K in Q4 2025, down 86% year over year and down 7% from the previous quarter. License and Royalty Revenue was the largest line at 77% of revenue.
Operating costs exceeded revenue by $41.4M, an operating margin of -18570.0%. Total costs grew 107% against a revenue fall of 86%. The fastest-growing cost line was Other operating costs (+919%). The quarter ended with a net loss of $37.8M, wider than the previous quarter's $14.2M loss.
Operating cash flow was −$15.4M. Non-cash charges added back $1.5M of depreciation and amortization. Working capital and other items added $20.9M. Capital expenditures of $244K exceeded it, leaving free cash flow of −$15.6M.
Questions
What was Microvision's revenue in the fourth quarter 2025?
Microvision (MVIS) reported revenue of $223K for the fourth quarter 2025 (Q4 2025), -86% from a year earlier and -7% from the quarter before.
Source: Microvision 10-K on SEC EDGAR.