Vuzix Corporation (VUZI) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
VUZI's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
VUZI Revenue Analysis (2013–2024)
As of February 28, 2026, Vuzix Corporation (VUZI) generated trailing twelve-month (TTM) revenue of $5.3 million, reflecting significant decline in growth of -16.2% year-over-year. The most recent quarter (Q3 2025) recorded $1.2 million in revenue, down 10.4% sequentially.
Looking at the longer-term picture, VUZI's 5-year compound annual growth rate (CAGR) stands at -2.9%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $13.2 million in 2021.
Revenue diversification analysis shows VUZI's business is primarily driven by Sales of Products (78%), and Engineering Services (22%). With over half of revenue concentrated in Sales of Products, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including ZEPP (+13.9% YoY), and WLDS (+863.0% YoY), VUZI has underperformed the peer group in terms of revenue growth. Compare VUZI vs ZEPP →
Peer Comparison
Compare VUZI's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| VUZICurrent | $5M | -16.2% | -2.9% | -1285.4% | |
| ZEPP | $1.3B | +13.9% | -25.5% | -25.9% | |
| WLDS | $522,000 | +863.0% | +16.6% | -1498.1% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $5.8M | -52.6% | $-4,865,214 | -84.5% | $-73,971,494 | -1285.4% |
| 2023 | $12.1M | +2.5% | $-1,748,613 | -14.4% | $-52,301,539 | -431.2% |
| 2022 | $11.8M | -10.1% | $2.3M | 19.3% | $-42,232,271 | -356.8% |
| 2021 | $13.2M | +13.7% | $2.9M | 22.0% | $-39,980,107 | -303.7% |
| 2020 | $11.6M | +73.6% | $2.1M | 18.2% | $-19,127,464 | -165.2% |
| 2019 | $6.7M | -17.6% | $-4,408,121 | -66.1% | $-26,566,242 | -398.3% |
| 2018 | $8.1M | +46.2% | $1.8M | 21.8% | $-21,860,794 | -270.1% |
| 2017 | $5.5M | +160.3% | $-676,598 | -12.2% | $-19,354,546 | -349.5% |
| 2016 | $2.1M | -22.6% | $-1,163,588 | -54.7% | $-18,535,760 | -871.3% |
| 2015 | $2.7M | -9.3% | $566K | 20.6% | $-11,341,456 | -412.4% |
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Start ComparisonFrequently Asked Questions
Is VUZI's revenue growth accelerating or slowing?
VUZI revenue declined -16.2% year-over-year, contrasting with the 5-year CAGR of -2.9%. TTM revenue fell to $5M. This reverses the prior growth trend.
What is VUZI's long-term revenue growth rate?
Vuzix Corporation's 5-year revenue CAGR of -2.9% reflects the variable expansion pattern. Current YoY growth of -16.2% is below this long-term average.
How is VUZI's revenue distributed by segment?
VUZI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.