Filing Flows › Vuzix (VUZI) › Q1 2025
Vuzix (VUZI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
Vuzix (VUZI) reported revenue of $1.6M for the first quarter 2025 (Q1 2025), -21% from a year earlier and +24% from the quarter before. Operating margin was -555.0%, net loss $8.6M (546.4% of revenue).
Vuzix, Q1 2025: revenue $1.6M (-21% year over year), operating margin -555.0%, net loss $8.6M, operating cash flow −$3.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6M | +24% | -21% |
| Operating profit | −$8.8M | — | — |
| Net earnings | −$8.6M | — | — |
| Operating cash flow | −$3.5M | — | — |
What changed
Revenue was $1.6M in Q1 2025, down 21% year over year and up 24% from the previous quarter. Sales of Products was the largest line at 84% of revenue. Sales of Products lost $505K year over year (down 28%), 119% of the total change.
Operating costs exceeded revenue by $8.8M, an operating margin of -555.0%. Total costs fell 14% while revenue fell 21%. The quarter ended with a net loss of $8.6M, narrower than the previous quarter's $13.7M loss.
Operating cash flow was −$3.5M. Non-cash charges added back $405K of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items added $1.8M. Capital expenditures of $613K exceeded it, leaving free cash flow of −$4.1M.
Questions
What was Vuzix's revenue in the first quarter 2025?
Vuzix (VUZI) reported revenue of $1.6M for the first quarter 2025 (Q1 2025), -21% from a year earlier and +24% from the quarter before.
Was Vuzix profitable in the first quarter 2025?
Operating loss was $8.8M (-555.0% of revenue) and net loss $8.6M.
Source: Vuzix 10-Q on SEC EDGAR.