Vuzix Corp. (VUZI) quarterly income statement — complete revenue, gross profit & net income history
Vuzix Corp. (VUZI) annual income statement — 20-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 1.11M | 1.39M | 2.24M | 1.16M | 1.3M | 1.58M | 1.27M | 1.39M | 1.09M | 2M | 1.07M | 2.18M | 4.69M | 4.19M | 2.9M | 3.43M | 3.01M | 2.5M | 3.31M | 3.02M |
| Revenue Growth % | -14.06% | -11.99% | 76.28% | -16.22% | 18.59% | -21.11% | 19.26% | -36.44% | -76.71% | -52.19% | -63.19% | -36.38% | 55.96% | 67.45% | -12.55% | 13.52% | 3.13% | -36.07% | -21.73% | 8.64% |
| Cost of Goods Sold | 1.76M | 2.18M | 1.87M | 1.57M | 2.06M | 1.67M | 6.04M | 1.65M | 1.24M | 1.88M | 5.15M | 2.18M | 3.46M | 3.32M | 2.9M | 2.34M | 2.51M | 1.8M | 2.9M | 2.37M |
| COGS % of Revenue | 157.96% | 156.62% | 83.26% | 135.43% | 158.76% | 105.58% | 474.44% | 118.75% | 113.83% | 93.6% | 482.7% | 100.21% | 73.77% | 79.1% | 100.12% | 68.19% | 83.49% | 72.06% | 87.44% | 78.51% |
| Gross Profit | -645.41K | -787.8K | 375.4K | -411.31K | -761.37K | -88.25K | -4.76M | -259.85K | -151.1K | 128.31K | -4.08M | -4.65K | 1.23M | 876.01K | -3.58K | 1.09M | 496.57K | 699.45K | 416.37K | 648.72K |
| Gross Margin % | -57.96% | -56.62% | 16.74% | -35.43% | -58.76% | -5.58% | -374.44% | -18.75% | -13.83% | 6.4% | -382.7% | -0.21% | 26.23% | 20.9% | -0.12% | 31.81% | 16.51% | 27.94% | 12.56% | 21.49% |
| Gross Profit Growth % | 15.23% | -792.7% | 107.88% | -58.29% | -403.9% | -168.78% | -16.68% | -5484.53% | -112.28% | -85.35% | - | -100.43% | 147.76% | 25.24% | -100.86% | 68.02% | -14.29% | -35.21% | -40.79% | 86.43% |
| Operating Expenses | 7.11M | 6.42M | 8.65M | 7.08M | 7.09M | 8.69M | 9.09M | 9.04M | 40.58M | 10.22M | 16.33M | 11.43M | 10.84M | 11.72M | 11.85M | 11.06M | 10.5M | 11.11M | 11.73M | 11.02M |
| OpEx % of Revenue | 638.38% | 461.31% | 385.74% | 610.07% | 547.49% | 549.43% | 714.02% | 652.33% | 3714.1% | 510.05% | 1530.64% | 524.21% | 231.05% | 279.7% | 408.81% | 322.61% | 349.02% | 443.99% | 353.97% | 365.07% |
| Selling, General & Admin | 3.89M | 3.68M | 3.78M | 3.72M | 4.11M | 5.29M | 6.79M | 6.11M | 6.55M | 6.13M | 10.18M | 7.09M | 6.56M | 7.67M | 8.4M | 6.67M | 6.73M | 7.31M | 8.1M | 6.94M |
| SG&A % of Revenue | 349.55% | 264.84% | 168.53% | 320.62% | 317.17% | 334.59% | 533.49% | 441.16% | 599.16% | 305.79% | 954.47% | 325.2% | 139.91% | 183.03% | 289.86% | 194.76% | 223.66% | 292.24% | 244.54% | 230.04% |
| Research & Development | 3.1M | 2.73M | 4.51M | 2.94M | 2.57M | 2.65M | 2.26M | 2.33M | 2.4M | 2.78M | 3.56M | 3M | 2.92M | 3.07M | 3.11M | 3.5M | 3.04M | 3.15M | 3.41M | 3.4M |
| R&D % of Revenue | 278.21% | 196.47% | 201.2% | 252.89% | 198.41% | 167.46% | 177.71% | 168.42% | 219.7% | 138.74% | 333.85% | 137.43% | 62.25% | 73.24% | 107.25% | 102.27% | 101% | 125.65% | 102.85% | 112.53% |
| Other Operating Expenses | 118.25K | 0 | 359.12K | 424.33K | 413.48K | 748.98K | 35.84K | 592.37K | 1000K | 1000K | 1000K | 1000K | 1000K | 981.93K | 339.16K | 876.85K | 732.48K | 653.33K | 218.22K | 679.22K |
| Operating Income | -7.75M | -7.21M | -8.28M | -7.49M | -7.86M | -8.77M | -13.85M | -9.3M | -40.73M | -10.09M | -20.41M | -11.43M | -9.61M | -10.85M | -11.85M | -9.97M | -10M | -10.41M | -11.31M | -10.37M |
| Operating Margin % | -696.35% | -517.93% | -369% | -645.5% | -606.26% | -555.01% | -1088.46% | -671.08% | -3727.93% | -503.65% | -1913.34% | -524.43% | -204.82% | -258.8% | -408.94% | -290.81% | -332.51% | -416.05% | -341.41% | -343.58% |
| Operating Income Growth % | 1.29% | 17.87% | 40.24% | 19.41% | 80.71% | 13.06% | 32.16% | 18.66% | -323.94% | 6.96% | -72.24% | -14.72% | 3.93% | -4.16% | -4.75% | 3.92% | -8.62% | -14.62% | -135.62% | -118.44% |
| EBITDA | -7.56M | -6.71M | -7.47M | -6.56M | -7.08M | -8.18M | -13.23M | -8.66M | -39.3M | -8.98M | -19.14M | -10.32M | -8.46M | -9.65M | -11.06M | -9.34M | -9.43M | -9.97M | -10.7M | -9.94M |
| EBITDA Margin % | -679.12% | -482.52% | -333% | -565.11% | -546.28% | -517.66% | -1039.5% | -624.7% | -3597.11% | -448.24% | -1794.33% | -473.56% | -180.35% | -230.24% | -381.67% | -272.7% | -313.58% | -398.41% | -322.83% | -329.19% |
| EBITDA Growth % | -6.83% | 17.97% | 43.53% | 24.21% | 81.99% | 8.89% | 30.91% | 16.15% | -364.56% | 6.92% | -73.07% | -10.47% | 10.31% | 3.23% | -3.39% | 5.96% | -7.6% | -17.21% | -150.71% | -141.58% |
| D&A (Non-Cash Add-back) | 191.82K | 492.63K | 807.44K | 933.27K | 777.06K | 590.48K | 622.87K | 642.77K | 1.43M | 1.11M | 1.27M | 1.11M | 1.15M | 1.2M | 790.22K | 620.45K | 569.2K | 441.36K | 615.81K | 434.28K |
| EBIT | -7.72M | -7.07M | -8.62M | -7.35M | -7.81M | -8.79M | -13.71M | -9.16M | -10.63M | -10.08M | -18.36M | -11.43M | -9.64M | -10.92M | -11.93M | -9.94M | -10.03M | -10.41M | -11.37M | -10.47M |
| Net Interest Income | 157.76K | 168.4K | 211.28K | 156.76K | 135.76K | 168.48K | 137.66K | 95.23K | 0 | 0 | 0 | 500.07K | 628.92K | 0 | 0 | 457.04K | 0 | -94.08K | -122.28K | 0 |
| Interest Income | 157.76K | 168.4K | 211.28K | 156.76K | 135.76K | 168.48K | 137.66K | 95.23K | 0 | 0 | 0 | 500.07K | 628.92K | 0 | 0 | 572.72K | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 115.69K | 0 | 94.08K | 122.28K | 0 |
| Other Income/Expense | 125.11K | 134.77K | -337.64K | 139.67K | 189.05K | 136.79K | 193.44K | 77K | 118.08K | 44.81K | 533.59K | 449.54K | 562.71K | 606.62K | 1.09M | 488.4K | -20.69K | -92.11K | -177.79K | -115.69K |
| Pretax Income | -7.63M | -7.07M | -8.62M | -7.35M | -7.67M | -8.64M | -13.66M | -9.22M | -40.61M | -10.05M | -19.88M | -10.98M | -9.04M | -10.24M | -10.76M | -9.48M | -10.02M | -10.51M | -11.49M | -10.49M |
| Pretax Margin % | -685.11% | -508.24% | -384.08% | -633.47% | -591.66% | -546.36% | -1073.25% | -665.53% | -3717.12% | -501.41% | -1863.33% | -503.81% | -192.82% | -244.33% | -371.22% | -276.55% | -333.19% | -419.73% | -346.77% | -347.41% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -7.63M | -7.07M | -8.62M | -7.35M | -7.67M | -8.64M | -13.66M | -9.22M | -40.61M | -10.05M | -19.88M | -10.98M | -9.04M | -10.24M | -10.76M | -9.48M | -10.02M | -10.51M | -11.49M | -10.49M |
| Net Margin % | -685.11% | -508.24% | -384.08% | -633.47% | -591.66% | -546.36% | -1073.25% | -665.53% | -3717.12% | -501.41% | -1863.33% | -503.81% | -192.82% | -244.33% | -371.22% | -276.55% | -333.19% | -419.73% | -346.77% | -347.41% |
| Net Income Growth % | 0.49% | 18.13% | 36.91% | 20.26% | 81.12% | 14.03% | 31.31% | 16.03% | -349.01% | 1.88% | -84.78% | -15.89% | 9.75% | 2.53% | 6.39% | 9.64% | -8.4% | -14.8% | -220.04% | -120.29% |
| Net Income (Continuing) | -7.63M | -7.07M | -8.62M | -7.35M | -7.67M | -8.64M | -13.66M | -9.22M | -40.61M | -10.05M | -19.88M | -10.98M | -9.04M | -10.24M | -10.76M | -9.48M | -10.02M | -10.51M | -11.49M | -10.49M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.09 | -0.09 | -0.11 | -0.10 | -0.10 | -0.11 | -0.16 | -0.14 | -0.62 | -0.16 | -0.31 | -0.17 | -0.14 | -0.16 | -0.14 | -0.15 | -0.16 | -0.17 | -0.27 | -0.13 |
| EPS Growth % | 10% | 18.18% | 31.25% | 32% | 83.87% | 31.25% | 48.39% | 17.65% | -342.86% | 0% | -121.43% | -13.33% | 12.5% | 5.88% | 48.15% | -15.38% | -14.29% | -41.67% | -200% | -8.33% |
| EPS (Basic) | -0.09 | -0.09 | -0.11 | -0.10 | -0.10 | -0.11 | -0.16 | -0.14 | -0.62 | -0.16 | -0.31 | -0.17 | -0.14 | -0.16 | -0.14 | -0.15 | -0.16 | -0.17 | -0.27 | -0.13 |
| Diluted Shares Outstanding | 83.73M | 81.87M | 77.6M | 77.48M | 76.47M | 76.22M | 85.35M | 67.84M | 65.81M | 64.73M | 64.73M | 64.61M | 63.23M | 63.22M | 63.32M | 63.18M | 63.74M | 63.7M | 63.01M | 63.52M |
| Basic Shares Outstanding | 83.73M | 81.87M | 77.6M | 77.48M | 76.47M | 76.22M | 85.35M | 67.84M | 65.81M | 64.73M | 64.73M | 64.61M | 63.23M | 63.22M | 63.32M | 63.18M | 63.74M | 63.7M | 63.01M | 61.69M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |