Microvision, Inc. (NASDAQ:MVIS)
Insiders here have filed 6 Form 4s in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Loses money on what it sells.
- Revenue
- $2.9M
- Net income
- -$114.2M
- Net margin
- -3976.7%
Heavily indebted for what it earns.
- Total debt
- $45.5M
- Cash
- $27.2M
- Debt / equity
- 2.20
Owes more within a year than it holds to pay it.
- Current assets
- $34.3M
- Current liabilities
- $50.4M
- Current ratio
- 0.68
Consumes cash and must keep raising it.
- Operating cash flow
- -$82.8M
- Free cash flow
- -$83.8M
- FCF margin
- -2917.9%
Burning cash with under a year of runway — expect a raise.
- Shares outstanding
- 22.3M
- Share growth (1y)
- 31.3%
- Cash runway
- 4 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
MVIS Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 1.47 M | 935.00 K | 223.00 K | 241.00 K | 155.00 K | 589.00 K |
| Revenue Growth (YoY) | 850.32 % | 58.74 % | -86.48 % | 26.84 % | -91.84 % | -38.39 % |
| Cost of Revenue | 831.00 K | 2.94 M | 16.32 M | 2.35 M | 716.00 K | 550.00 K |
| Gross Profit | 642.00 K | -2.00 M | -16.10 M | -2.11 M | -561.00 K | 39.00 K |
| SG&A Expense | 9.21 M | 7.14 M | 3.19 M | 2.63 M | 0.00 | 0.00 |
| R&D Expense | 15.70 M | 14.45 M | 8.68 M | 7.98 M | 7.66 M | 7.40 M |
| Operating Expenses | 24.85 M | 21.59 M | 11.87 M | 10.61 M | 14.10 M | 14.08 M |
| Operating Income | -24.21 M | -23.59 M | -27.97 M | -12.72 M | -14.66 M | -14.04 M |
| Pretax Income | -36.76 M | -25.11 M | -38.18 M | -14.04 M | -14.14 M | -28.71 M |
| Tax Provision | 181.00 K | 182.00 K | -422.00 K | 172.00 K | 93.00 K | 73.00 K |
| Net Income | -36.94 M | -25.29 M | -37.76 M | -14.22 M | -14.23 M | -28.78 M |
| EPS (Basic) | -1.66 | -1.20 | -1.80 | -0.75 | -0.84 | -1.80 |
| EPS (Diluted) | -1.66 | -1.20 | -1.80 | -0.75 | -0.84 | -1.80 |
| Shares Outstanding | 22.30 M | 20.58 M | 20.37 M | 19.70 M | 16.98 M | 15.73 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.