8-K Announcements
6Mar 13, 2026·SEC
Nov 14, 2025·SEC
Sep 23, 2025·SEC
Vuzix Corporation (VUZI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Vuzix Corporation (VUZI) stock price & volume — 10-year historical chart
Vuzix Corporation (VUZI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Vuzix Corporation (VUZI) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 12, 2026 | $0.12vs $0.09-33.3% | $2Mvs $2M+17.1% |
| Q4 2025 | Nov 13, 2025 | $0.09vs $0.10+10.0% | $1Mvs $2M-39.4% |
| Q3 2025 | Aug 14, 2025 | $0.10vs $0.12+16.7% | $1Mvs $2M-41.1% |
| Q2 2025 | May 12, 2025 | $0.11vs $0.12+8.3% | $2Mvs $1M+18.3% |
Vuzix Corporation (VUZI) competitors in Wearables and emerging AR devices — business model, growth, and fundamentals comparison
Vuzix Corporation (VUZI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Vuzix Corporation (VUZI) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 5.54M | 8.09M | 6.67M | 11.58M | 13.16M | 11.84M | 12.13M | 5.75M | 6.28B |
| Revenue Growth % | 160.31% | 46.17% | -17.59% | 73.62% | 13.67% | -10.1% | 2.48% | -52.56% | 109041.54% |
| Cost of Goods Sold | 6.21M | 6.33M | 11.08M | 9.47M | 10.27M | 9.55M | 13.88M | 10.62M | 0 |
| COGS % of Revenue | 112.22% | 78.15% | 166.08% | 81.77% | 78.05% | 80.72% | 114.42% | 184.55% | - |
| Gross Profit | -676.6K▲ 0% | 1.77M▲ 361.3% | -4.41M▼ 349.3% | 2.11M▲ 147.9% | 2.89M▲ 36.9% | 2.28M▼ 21.0% | -1.75M▼ 176.6% | -4.87M▼ 178.2% | 0▲ 100.0% |
| Gross Margin % | -12.22% | 21.85% | -66.08% | 18.23% | 21.95% | 19.28% | -14.42% | -84.55% | - |
| Gross Profit Growth % | 41.85% | 361.35% | -349.29% | 147.89% | 36.9% | -21.02% | -176.61% | -178.23% | 100% |
| Operating Expenses | 17.55M | 23.64M | 22.16M | 21.24M | 42.87M | 44.51M | 50.55M | 69.11M | 31.45B |
| OpEx % of Revenue | 317% | 292.11% | 332.18% | 183.38% | 325.64% | 376.1% | 416.79% | 1200.9% | 500.68% |
| Selling, General & Admin | 9.82M | 11.8M | 10.82M | 10.95M | 28.62M | 29.12M | 31.3M | 25.42M | 17.11B |
| SG&A % of Revenue | 177.35% | 145.73% | 162.14% | 94.59% | 217.41% | 246.01% | 258.09% | 441.77% | 272.43% |
| Research & Development | 6.71M | 10.38M | 8.9M | 7.75M | 11.92M | 12.84M | 12.34M | 9.79M | 12.63B |
| R&D % of Revenue | 121.11% | 128.22% | 133.43% | 66.93% | 90.51% | 108.51% | 101.73% | 170.18% | 201.02% |
| Other Operating Expenses | 1.03M | -14.92K | 2.44M | 2.53M | 2.33M | 2.55M | 6.91M | 33.89M | 1.71B |
| Operating Income | -19.35M▲ 0% | -21.86M▼ 12.9% | -26.57M▼ 21.5% | -19.13M▲ 28.0% | -39.98M▼ 109.0% | -42.23M▼ 5.6% | -52.3M▼ 23.8% | -73.97M▼ 41.4% | -32.51B▼ 43846.5% |
| Operating Margin % | -349.5% | -270.07% | -398.26% | -165.16% | -303.69% | -356.82% | -431.21% | -1285.44% | -517.59% |
| Operating Income Growth % | -4.42% | -12.95% | -21.52% | 28% | -109.02% | -5.63% | -23.84% | -41.43% | -43846.52% |
| EBITDA | -18.14M | -20.29M | -23.9M | -16.67M | -37.91M | -39.81M | -47.37M | -70.21M | -30.91B |
| EBITDA Margin % | -327.59% | -250.68% | -358.32% | -143.93% | -287.97% | -336.36% | -390.55% | -1220.04% | -492.07% |
| EBITDA Growth % | -3.79% | -11.85% | -17.8% | 30.26% | -127.43% | -5.01% | -18.99% | -48.21% | -43919.58% |
| D&A (Non-Cash Add-back) | 1.21M | 1.57M | 2.66M | 2.46M | 2.07M | 2.42M | 4.93M | 3.76M | 1.6B |
| EBIT | -19.55M | -21.86M | -26.68M | -19.16M | -40.02M | -42.31M | -50.35M | -43.58M | 0 |
| Net Interest Income | -263.49K | -19.33K | 252.41K | 41.12K | 53.51K | 0 | 0 | 591.32K | 0 |
| Interest Income | 0 | 0 | 252.41K | 41.12K | 53.51K | 0 | 0 | 591.32K | 0 |
| Interest Expense | 243.99K | 19.33K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | -278.96K | -14.92K | 89.87K | 1.18M | -397.05K | 1.47M | 2.15M | 433.34K | 234.77M |
| Pretax Income | -19.63M▲ 0% | -21.88M▼ 11.4% | -26.48M▼ 21.0% | -17.95M▲ 32.2% | -40.38M▼ 124.9% | -40.76M▼ 1.0% | -50.15M▼ 23.0% | -73.54M▼ 46.6% | -32.27B▼ 43786.2% |
| Pretax Margin % | -354.54% | -270.26% | -396.91% | -155.01% | -306.7% | -344.41% | -413.46% | -1277.91% | -513.85% |
| Income Tax | 0 | -58.19K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0.27% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -19.63M▲ 0% | -21.88M▼ 11.4% | -26.48M▼ 21.0% | -17.95M▲ 32.2% | -40.38M▼ 124.9% | -40.76M▼ 1.0% | -50.15M▼ 23.0% | -73.54M▼ 46.6% | -32.27B▼ 43786.2% |
| Net Margin % | -354.54% | -270.26% | -396.91% | -155.01% | -306.7% | -344.41% | -413.46% | -1277.91% | -513.85% |
| Net Income Growth % | -1.99% | -11.42% | -21.03% | 32.2% | -124.92% | -0.96% | -23.02% | -46.64% | -43786.23% |
| Net Income (Continuing) | -19.63M | -21.88M | -26.48M | -17.95M | -40.38M | -40.76M | -50.15M | -73.54M | -32.27B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.93▲ 0% | -0.80▲ 14.0% | -0.87▼ 8.7% | -0.47▲ 46.0% | -0.66▼ 40.4% | -0.62▲ 6.1% | -0.79▼ 27.4% | -1.08▼ 36.7% | -0.42▲ 61.1% |
| EPS Growth % | 18.42% | 13.98% | -8.75% | 45.98% | -40.43% | 6.06% | -27.42% | -36.71% | 61.11% |
| EPS (Basic) | -0.93 | -0.80 | -0.87 | -0.47 | -0.66 | -0.62 | -0.79 | -1.08 | -0.42 |
| Diluted Shares Outstanding | 21.01M | 27.18M | 30.35M | 38.11M | 61.13M | 63.71M | 63.43M | 67.84M | 77.6M |
| Basic Shares Outstanding | 21.01M | 27.18M | 30.35M | 38.11M | 61.13M | 63.71M | 63.43M | 67.84M | 77.6M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Vuzix Corporation (VUZI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 21.24M | 27.38M | 19.07M | 45.06M | 137.15M | 91.24M | 41.5M | 26.72M | 27.2B |
| Cash & Short-Term Investments | 14.89M | 17.26M | 10.61M | 36.07M | 120.2M | 72.56M | 26.56M | 18.19M | 21.15B |
| Cash Only | 14.89M | 17.26M | 10.61M | 36.07M | 120.2M | 72.56M | 26.56M | 18.19M | 21.15B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.47M | 772.34K | 1.62M | 1.39M | 2.24M | 4.29M | 4.2M | 2.28M | 2.01B |
| Days Sales Outstanding | 97.02 | 34.83 | 88.75 | 43.77 | 62.17 | 132.44 | 126.44 | 144.82 | 116.65 |
| Inventory | 3.85M | 7.28M | 5.71M | 6.1M | 12.15M | 11.27M | 9M | 4.81M | 2.19B |
| Days Inventory Outstanding | 226.27 | 420.14 | 188.05 | 235.13 | 431.68 | 430.51 | 236.72 | 165.43 | - |
| Other Current Assets | 873.95K | 1.31M | 895.1K | 1.01M | 2.05M | 2.12M | 1.34M | 1.07M | 1.85B |
| Total Non-Current Assets | 5.59M | 7.75M | 9.37M | 7.42M | 11.32M | 41.07M | 44.65M | 12.68M | 12.88B |
| Property, Plant & Equipment | 4.12M | 4.29M | 6.42M | 4.35M | 6.31M | 4.83M | 8.37M | 8.08M | 8.63B |
| Fixed Asset Turnover | 1.34x | 1.89x | 1.04x | 2.66x | 2.09x | 2.45x | 1.45x | 0.71x | 0.73x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 1.6M | 0 | 0 | 0 |
| Intangible Assets | 1.47M | 3.2M | 2.7M | 2.81M | 4.07M | 33.55M | 29.84M | 3.95M | 0 |
| Long-Term Investments | 0 | 250K | 250K | 250K | 450K | 450K | 6.43M | 650K | 0 |
| Other Non-Current Assets | 0 | 259.19K | 1.96B | 2.5B | 491.92K | 631.14K | 0 | 0 | 4.25B |
| Total Assets | 26.83M▲ 0% | 35.13M▲ 30.9% | 28.45M▼ 19.0% | 52.47M▲ 84.5% | 148.47M▲ 182.9% | 132.31M▼ 10.9% | 86.15M▼ 34.9% | 39.41M▼ 54.3% | 40.07B▲ 101591.5% |
| Asset Turnover | 0.21x | 0.23x | 0.23x | 0.22x | 0.09x | 0.09x | 0.14x | 0.15x | 0.16x |
| Asset Growth % | 20.08% | 30.93% | -19.03% | 84.46% | 182.95% | -10.88% | -34.89% | -54.26% | 101591.52% |
| Total Current Liabilities | 5.44M | 4.68M | 2.63M | 3.1M | 4.16M | 15.28M | 5.22M | 2.11M | 4.89B |
| Accounts Payable | 3.73M | 2.67M | 1.06M | 1.52M | 2.05M | 1.21M | 1.57M | 538.22K | 685.01M |
| Days Payables Outstanding | 218.85 | 153.95 | 35.01 | 58.47 | 72.99 | 46.3 | 41.31 | 18.5 | - |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500.91M |
| Deferred Revenue (Current) | 181.29K | 364.09K | 142.46K | 41.15K | 27.8K | 29.06K | 18.84K | 125.9K | 62.36M |
| Other Current Liabilities | 1.11M | 152.36K | 0 | 0 | 0 | 12.33M | 1M | 0 | 4.32B |
| Current Ratio | 3.91x | 5.86x | 7.24x | 14.56x | 33.00x | 5.97x | 7.96x | 12.65x | 5.56x |
| Quick Ratio | 3.20x | 4.30x | 5.07x | 12.58x | 30.07x | 5.23x | 6.23x | 10.37x | 5.12x |
| Cash Conversion Cycle | 104.43 | 301.02 | 241.78 | 220.43 | 420.86 | 516.65 | 321.85 | 291.75 | - |
| Total Non-Current Liabilities | 18.33K | 3.03M | 1.57M | 1.07M | 582.88K | 305.15K | 137.67K | 0 | 502.11M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 502.11M |
| Capital Lease Obligations | 0 | 0 | 1.57M | 1.07M | 582.88K | 305.15K | 137.67K | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 5.45M | 4.68M | 4.21M | 4.17M | 4.74M | 15.58M | 5.35M | 2.11M | 5.39B |
| Total Debt | 0 | 0 | 2.1M | 1.52M | 1.12M | 956.16K | 301.19K | 494.24K | 1B |
| Net Debt | -14.89M | -17.26M | -8.51M | -34.55M | -119.09M | -71.61M | -26.25M | -17.69M | -20.15B |
| Debt / Equity | - | - | 0.09x | 0.03x | 0.01x | 0.01x | 0.00x | 0.01x | 0.04x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -79.32x | -1130.81x | - | - | - | - | - | - | - |
| Total Equity | 21.38M▲ 0% | 30.46M▲ 42.5% | 24.24M▼ 20.4% | 48.3M▲ 99.3% | 143.73M▲ 197.6% | 116.73M▼ 18.8% | 80.79M▼ 30.8% | 37.29M▼ 53.8% | 24.68B▲ 66082.7% |
| Equity Growth % | 20.64% | 42.46% | -20.41% | 99.27% | 197.55% | -18.78% | -30.79% | -53.84% | 66082.66% |
| Book Value per Share | 1.02 | 1.12 | 0.80 | 1.27 | 2.35 | 1.83 | 1.27 | 0.55 | 318.08 |
| Total Shareholders' Equity | 21.38M | 30.46M | 24.24M | 48.3M | 143.73M | 116.73M | 80.79M | 37.29M | 24.68B |
| Common Stock | 24.28K | 27.59K | 33.13K | 45.65K | 63.67K | 63.78K | 65.3K | 76.55K | 81.68M |
| Retained Earnings | -96.47M | -118.27M | -144.74M | -162.69M | -203.07M | -243.84M | -293.98M | -367.52M | -399.86B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | -2.01M | -2.48M | -2.48M | 0 |
| Accumulated OCI | -2.25M | -3.06M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Vuzix Corporation (VUZI) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -16.47M | -22.54M | -22.36M | -13.96M | -26.98M | -24.52M | -26.28M | -23.74M | -18.79B |
| Operating CF Margin % | -297.34% | -278.5% | -335.13% | -120.57% | -204.94% | -207.18% | -216.65% | -412.53% | -299.16% |
| Operating CF Growth % | -14.37% | -36.91% | 0.83% | 37.54% | -93.21% | 9.12% | -7.16% | 9.66% | -79048.14% |
| Net Income | -19.63M | -21.88M | -26.48M | -17.95M | -40.38M | -40.76M | -50.15M | -73.54M | -32.27B |
| Depreciation & Amortization | 1.21M | 1.67M | 2.44M | 2.64M | 2.31M | 2.59M | 4.93M | 3.93M | 3.15B |
| Stock-Based Compensation | 1.62M | 2.2M | 1.5M | 2.81M | 17.3M | 15.78M | 12.71M | 11.57M | 5.33B |
| Deferred Taxes | 1.13M | -142.37K | 4.57M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 1.54M | 175K | 100K | 41.47K | 783.73K | 423.43K | 8.11M | 35.47M | 5B |
| Working Capital Changes | -1.2M | -4.56M | -4.49M | -1.5M | -7M | -2.54M | -1.88M | -1.17M | 0 |
| Change in Receivables | -870.86K | 201.84K | -599.58K | -289.41K | -853.55K | -2.05M | -1.48M | 941.15K | -17.92M |
| Change in Inventory | -2.35M | -3.43M | -3M | -1.67M | -6.57M | 593.61K | -2.09M | 19.29K | 503.4M |
| Change in Payables | 2.64M | -846.4K | -1.61M | 454.37K | 537.61K | -843.01K | 358.88K | -1.03M | 146.79M |
| Cash from Investing | -2.69M | -3.15M | -3.16M | -1.49M | -4.85M | -21.17M | -19.28M | -2.92M | -2.62B |
| Capital Expenditures | -2.69M | -3.15M | -2.91M | -496.63K | -3.81M | -1.72M | -5.32M | -1.36M | -2.01B |
| CapEx % of Revenue | 48.57% | 38.89% | 43.59% | 4.29% | 28.93% | 14.56% | 43.89% | 23.62% | 32.06% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | -2.3M | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -1.01M | -1.78M | -250K | -988.88K | -1.04M | -17.15M | -11.46M | -1.56M | -604.82M |
| Cash from Financing | 19.51M | 28.06M | 18.86M | 40.91M | 115.97M | -1.95M | -449.56K | 18.29M | 24.37B |
| Debt Issued (Net) | 0 | 0 | 0 | 1.56M | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -470.76K | 1000K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | -10M | 0 | 0 | 0 | -22.41M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -2.01M | -470.76K | 0 | 0 |
| Other Financing | -1.62M | 39.38K | 0 | 14.16M | 34.35M | 57.71K | 21.2K | 10.11M | 24.39B |
| Net Change in Cash | 355.69K▲ 0% | 2.37M▲ 567.4% | -6.66M▼ 380.4% | 25.46M▲ 482.5% | 84.13M▲ 230.4% | -47.64M▼ 156.6% | -46.01M▲ 3.4% | -8.37M▲ 81.8% | 2.96B▲ 35512.6% |
| Free Cash Flow | -19.16M▲ 0% | -25.69M▼ 34.1% | -25.26M▲ 1.7% | -15.45M▲ 38.8% | -31.83M▼ 106.0% | -43.39M▼ 36.3% | -42.86M▲ 1.2% | -26.66M▲ 37.8% | -20.8B▼ 77931.7% |
| FCF Margin % | -345.9% | -317.39% | -378.71% | -133.4% | -241.8% | -366.61% | -353.35% | -463.27% | -331.22% |
| FCF Growth % | -15.51% | -34.12% | 1.67% | 38.84% | -106.04% | -36.31% | 1.23% | 37.8% | -77931.72% |
| FCF per Share | -0.91 | -0.95 | -0.83 | -0.41 | -0.52 | -0.68 | -0.68 | -0.39 | -268.09 |
| FCF Conversion (FCF/Net Income) | 0.84x | 1.03x | 0.84x | 0.78x | 0.67x | 0.60x | 0.52x | 0.32x | 0.58x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Vuzix Corporation (VUZI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -113.86% | -100.42% | -84.4% | -96.81% | -49.49% | -42.05% | -31.3% | -50.78% | -124.55% | -261.12% |
| Return on Invested Capital (ROIC) | -275.19% | -261.68% | -166.59% | -137.77% | -97.32% | -156.2% | -90.8% | -78.72% | -149.66% | -1070.77% |
| Gross Margin | -54.7% | -12.22% | 21.85% | -66.08% | 18.23% | 21.95% | 19.28% | -14.42% | -84.55% | - |
| Net Margin | -904.87% | -354.54% | -270.26% | -396.91% | -155.01% | -306.7% | -344.41% | -413.46% | -1277.91% | -513.85% |
| Debt / Equity | 0.08x | - | - | 0.09x | 0.03x | 0.01x | 0.01x | 0.00x | 0.01x | 0.04x |
| Interest Coverage | -27.89x | -79.32x | -1130.81x | - | - | - | - | - | - | - |
| FCF Conversion | 0.75x | 0.84x | 1.03x | 0.84x | 0.78x | 0.67x | 0.60x | 0.52x | 0.32x | 0.58x |
| Revenue Growth | -22.64% | 160.31% | 46.17% | -17.59% | 73.62% | 13.67% | -10.1% | 2.48% | -52.56% | 109041.54% |
Vuzix Corporation (VUZI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 13, 2026·SEC
Nov 14, 2025·SEC
Sep 23, 2025·SEC
Vuzix Corporation (VUZI) stock FAQ — growth, dividends, profitability & financials explained
Vuzix Corporation (VUZI) reported $5.4M in revenue for fiscal year 2025. This represents a 44% decrease from $9.5M in 2006.
Vuzix Corporation (VUZI) grew revenue by 109041.5% over the past year. This is strong growth.
Vuzix Corporation (VUZI) reported a net loss of $32.28B for fiscal year 2025.
Yes, Vuzix Corporation (VUZI) pays a dividend with a yield of 10.03%. This makes it attractive for income-focused investors.
Vuzix Corporation (VUZI) has a return on equity (ROE) of -261.1%. Negative ROE indicates the company is unprofitable.
Vuzix Corporation (VUZI) had negative free cash flow of $20.80B in fiscal year 2025, likely due to heavy capital investments.
Vuzix Corporation (VUZI) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates