Filing Flows › Vuzix (VUZI) › Q1 2026
Vuzix (VUZI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Vuzix (VUZI) reported revenue of $1.4M for the first quarter 2026 (Q1 2026), -12% from a year earlier and -38% from the quarter before. Operating margin was -517.9%, net loss $7.1M (508.2% of revenue).
Vuzix, Q1 2026: revenue $1.4M (-12% year over year), operating margin -517.9%, net loss $7.1M, operating cash flow −$5.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4M | -38% | -12% |
| Operating profit | −$7.2M | — | — |
| Net earnings | −$7.1M | — | — |
| Operating cash flow | −$5.6M | — | — |
What changed
Revenue was $1.4M in Q1 2026, down 12% year over year and down 38% from the previous quarter. Sales of Products was the largest line at 75% of revenue. Sales of Products lost $282K year over year (down 21%), 149% of the total change.
Operating costs exceeded revenue by $7.2M, an operating margin of -517.9%. Total costs fell 17% while revenue fell 12%. The fastest-growing cost line was Research & development (+16%). The quarter ended with a net loss of $7.1M, narrower than the previous quarter's $8.6M loss.
Operating cash flow was −$5.6M. Non-cash charges added back $115K of depreciation and amortization and $638K of share-based compensation. Working capital and other items added $763K. Capital expenditures of $1.0M exceeded it, leaving free cash flow of −$6.6M.
Questions
What was Vuzix's revenue in the first quarter 2026?
Vuzix (VUZI) reported revenue of $1.4M for the first quarter 2026 (Q1 2026), -12% from a year earlier and -38% from the quarter before.
Was Vuzix profitable in the first quarter 2026?
Operating loss was $7.2M (-517.9% of revenue) and net loss $7.1M.
Source: Vuzix 10-Q on SEC EDGAR.