Vuzix

Vuzix Corp. is a supplier of Smart-Glasses and Augmented Reality technologies and products for the consumer and enterprise markets. Its products include personal display and wearable computing devices that offer users a portable viewing experience, provide solutions for mobility, wearable displays and augmented reality. The firm also holds 246 patents and patents pending and numerous IP licenses in the Video Eyewear field. It has offices in Rochester, NY, Oxford, UK, and Tokyo, Japan. The company was founded by Paul J. Travers in 1997 and is headquartered in West Henrietta, NY.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Earnings data Q1 2026

Vuzix reports robust Q1 performance, eyes record revenues in 2023

Vuzix's strong Q1 2023 performance, driven by record smart glasses sales, positions the company for continued growth and record revenues for the year.
Despite a net loss, Vuzix maintains a healthy financial position with no debt and significant cash reserves, enabling future investments and growth initiatives.
The company's focus on expanding sales channels, partnerships, and innovative products like the Ultralite platform presents promising opportunities for revenue growth.
Challenges lie in achieving profitability amidst competition, but Vuzix's strong IP portfolio, operational investments, and upcoming product launches offer avenues for success.

Vuzix reports robust Q2 growth, eyes OEM expansion and AI applications

Vuzix's Q2 performance reflects strong revenue growth, improved profitability, and a robust balance sheet, setting the stage for future expansion.
The company's strategic focus on AI applications, global sales expansion, and OEM products align with industry trends and growth opportunities.
While challenges exist in transitioning to an OEM-centric model and maintaining margins, Vuzix's market positioning and product innovation offer avenues for sustained success.

Vuzix faces Q3 sales challenges but eyes growth opportunities

Vuzix is navigating challenges with cost reductions and operational realignment.
Despite setbacks, the company remains confident in growth opportunities and profitability.
Strong focus on key markets and technological advancements drive Vuzix's future.

Vuzix reports mixed financials for 2023 amidst strategic innovation

Vuzix's financial performance in 2023 showed revenue growth but with significant operational challenges, emphasizing the need for continued cost management.
The company's focus on innovation, cost-cutting, and strategic opportunities signals a proactive stance towards navigating market dynamics and driving growth.
Vuzix's position in the AR smart glasses market, highlighted by CEO Paul Travers, underscores its commitment to technological advancement and market leadership.

Vuzix reports $2M revenue in Q1 2024, focuses on smart glasses solutions

Vuzix's Q1 2024 performance showcased revenue growth and a strategic focus on smart glasses solutions.
While facing challenges in deployment and consumer adoption, the company remains optimistic about future prospects.
Financial stability, cost reduction measures, and market strategies position Vuzix for growth opportunities ahead.

Vuzix (VUZI) Q2 2024 Earnings: Cost Optimization Amid Revenue Challenges

Vuzix is navigating a period of lower revenues by implementing cost-saving measures and focusing on breakeven margin alignment. With a strong IP portfolio and strategic partnerships in the pipeline, the company is poised for growth in the smart glasses market.

Vuzix reports Q3 revenue decline, eyes growth through strategic partnerships

Vuzix's Q3 2024 performance reflects challenges in revenue generation and profitability, despite efforts to reduce operating expenses and enhance operational efficiency.
The company's strategic strengths lie in its focus on AR and AI Smart Glasses, strategic partnerships, and market expansion into diverse sectors.
Opportunities for Vuzix include leveraging strategic partnerships, advancing technology, exploring new markets, and optimizing cash flow to drive growth and competitiveness.

Vuzix reports Q4 revenues of $1.3M, focuses on tech advancements

Vuzix's Q4 2024 performance showed modest revenues but significant financial losses. The company's strengths lie in technological advancements, strategic partnerships, and diversified revenue streams. Challenges include cost management and revenue generation, while opportunities exist in market expansion and product innovation.

Vuzix reports sequential revenue growth, focuses on innovation and partnerships

Vuzix's Q1 2025 performance reflects resilience amid revenue challenges, with a strategic focus on innovation, partnerships, and cost optimization. The company's strengths lie in waveguide manufacturing, AI applications, and recent acquisitions, while challenges include revenue decline and inventory management. Opportunities abound in upcoming product releases and leveraging collaborations for market expansion.

Vuzix reports Q2 loss, eyes growth in enterprise smart glasses

Vuzix's Q2 2025 performance reflects a strategic focus on enterprise markets and technological advancements in smart glasses, with a net loss due to increased expenses. The company's strengths lie in successful partnerships, financial stability, and a clear roadmap for scaling OEM optics and next-gen wearables. Challenges include managing inventory effectively, addressing technological hurdles, and balancing R&D investments with revenue generation. Opportunities abound in revenue growth through partnerships, market expansion in AI-driven smart glasses, and innovative solutions for industrial sectors.

Vuzix reports Q3 revenue of $1.2M, eyes growth through strategic partnerships

Vuzix's Q3 performance reflects revenue generation challenges but also highlights growth opportunities in specialized markets and strategic sectors. The company's strengths lie in its partnerships, product relevance, and focus on innovation, positioning it for future success. While facing cost management and execution challenges, Vuzix can capitalize on opportunities through collaborations and product expansion.

Vuzix reports robust revenue growth, eyes OEM and waveguides for future

Vuzix delivered strong revenue growth in Q4 2025 and full-year 2025, with a focus on controlling expenses and investing in R&D for new products. The company aims to shift focus towards OEM and waveguide businesses for future revenue growth, leveraging new programs and partnerships for expansion.