Filing Flows › Vuzix (VUZI) › Q4 2024
Vuzix (VUZI) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 13, 2025
Vuzix (VUZI) reported revenue of $1.3M for the fourth quarter 2024 (Q4 2024), +19% from a year earlier and -8% from the quarter before.
Vuzix, Q4 2024: revenue $1.3M (+19% year over year), net loss $13.7M, operating cash flow −$4.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3M | -8% | +19% |
| Operating profit | −$13.8M | — | — |
| Net earnings | −$13.7M | — | — |
| Operating cash flow | −$4.0M | — | — |
What changed
Revenue was $1.3M in Q4 2024, up 19% year over year and down 8% from the previous quarter. Sales of Products was the largest line at 84% of revenue.
Operating costs exceeded revenue by $13.8M, an operating margin of -1088.8%. Total costs fell 30% while revenue rose 19%. The fastest-growing cost line was Cost of revenue (+17%). The quarter ended with a net loss of $13.7M, wider than the previous quarter's $9.2M loss.
Operating cash flow was −$4.0M. Non-cash charges added back $425K of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items added $6.1M. Capital expenditures of $230K exceeded it, leaving free cash flow of −$4.3M.
Questions
What was Vuzix's revenue in the fourth quarter 2024?
Vuzix (VUZI) reported revenue of $1.3M for the fourth quarter 2024 (Q4 2024), +19% from a year earlier and -8% from the quarter before.
Source: Vuzix 10-K on SEC EDGAR.