Microvision, Inc.

MVIS Technology Scientific & Technical Instruments

Microvision, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 million, down 74.3% from fiscal 2024. In the quarter to June 2026, revenue grew 850.3%, EPS fell 84.5%, free cash flow fell 50.3% and total debt fell 43.3%, each against the same quarter a year earlier.

1.15 0.08 −6.50%
Market cap
$37.6M
P/E
0.0×
Fwd P/E
−5.0×
Dividend yield
—
F-score
3/9
Altman Z
−12.18
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 37.63
Revenue 2.87
Net Income (114.21)
Free Cash Flow (68.30)
Net Debt (27.67)
Current Ratio 0.68 (below 1: weak)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (5.02) (negative: loss-making)
P/S ratio 8.93
P/B ratio 1.24
Past 5Y EPS Growth —
This Y EPS Growth 42.86% (at or above 15%: strong)
Next Y EPS Growth 20.00% (at or above 15%: strong)
Next Y revenue growth 1,017.55% (at or above 10%: strong)
Next 5Y EPS Growth 28.12% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 25.29%
10-year low 10-year high
P/B against its own 10 years 0.05%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 77 75 75 28
Receivables 1 1 0 1
Inventory 4 2 1 4
Other 5 4 5 2
87 82 81 34
2023 2024 2025 Q'26
Payables 2 1 2 6
ST’ Debt — — — —
Other 1 15 0 7
21 46 30 50

Compound Annual Growth %

10y 5y 3y
Sales (18.36%) (17.13%) 22.08%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 43.88% (14.78%)

Revenue $m

Mar Jun Sep Dec Year
’26 1 1 — — —
’25 1 0 0 0 1
’24 1 2 0 2 5
’23 1 0 1 5 7
’22 0 0 — 0 1
’21 0 1 1 1 3
’20 1 1 1 0 3
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (16) (19) — — —
’25 (14) (13) (16) (15) (59)
’24 (21) (19) (14) (15) (69)
’23 (13) (17) (20) (17) (67)
’22 (11) (10) (9) (8) (38)
’21 (5) (7) (10) (8) (29)
’20 (5) (3) (3) (4) (16)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (17) (19) — — —
’25 (14) (13) (17) (16) (59)
’24 (21) (19) (14) (15) (69)
’23 (14) (18) (21) (17) (69)
’22 (12) (10) (10) (11) (42)
’21 (5) (8) (10) (9) (32)
’20 (5) (3) (3) (5) (16)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (1.20) (1.66) — — —
’25 (1.80) (0.90) (0.75) (1.80) (5.25)
’24 (1.95) (1.65) (1.05) (2.10) (6.90)
’23 (1.65) (1.80) (1.80) (1.50) (6.75)
’22 (1.20) (1.20) (1.20) (1.20) (4.80)
’21 (0.60) (1.35) (0.90) (1.20) (4.05)
’20 (0.60) (0.30) (0.30) (0.30) (1.50)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 13.35 17.25 7.65 8.25 2.25 72.90 31.65 27.30 12.00 12.15

Analyst estimates 2026–2028

Powerpack
High 46.20 48.75 27.75 21.60 146.10 420.00 92.40 123.00 42.00 29.25
People
People Employees 81 113 107 30 52 96 350 340 185 190
Revenue/emp, $m 0.18 0.09 0.16 0.30 0.06 0.03 0.00 0.02 0.03 0.01
Income, $m
Income, $m Revenue 15 10 18 9 3 3 1 7 5 1
Gross margin, % 29.72 (2.37) 39.58 3.62 54.76 99.92 84.94 61.81 (60.35) (1,435.43)
EBT (16) (25) (27) (26) (14) (43) (53) (82) (96) (95)
EBT margin, % (111.59) (264.54) (154.77) (298.03) (441.23) (1,728.00) (7,995.63) (1,125.44) (2,052.98) (7,869.62)
Net income (16) (25) (27) (26) (14) (43) (53) (83) (97) (95)
Depreciation 1 1 2 2 1 1 2 8 16 28
Per share, $
Per share, $ Revenue 4.26 1.98 3.03 1.20 0.33 0.23 0.06 0.60 0.34 0.07
Earnings (4.80) (4.95) (4.65) (3.60) (1.50) (4.05) (4.80) (6.75) (6.90) (5.25)
Cash flow (4.28) (3.19) (3.89) (3.24) (1.72) (2.74) (3.43) (5.50) (4.90) (3.22)
Capex (0.26) (0.63) (0.19) (0.10) 0.01 (0.23) (0.39) (0.16) (0.03) (0.04)
Free cash flow (4.53) (3.81) (4.08) (3.34) (1.71) (2.98) (3.83) (5.66) (4.93) (3.26)
Book value 2.16 2.08 0.71 (0.54) 0.97 10.52 8.11 7.86 3.49 3.05
Shares, m 3 5 6 7 9 11 11 12 14 18
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/S 4.54 12.40 2.97 9.02 243.58 312.38 327.73 65.26 58.47 187.76
P/B 8.97 11.84 12.68 0.00 83.55 7.14 4.46 4.94 5.63 4.08
EV/Sales 3.52 10.64 2.19 8.44 238.65 267.79 271.33 56.44 44.38 125.43
EV/FCF (3.30) (5.53) (1.62) (3.03) (46.23) (21.64) (7.82) (5.94) (3.02) (2.55)
Cash, $m
Cash, $m Operating cash flow (15) (15) (23) (24) (16) (29) (38) (67) (69) (59)
Capex (1) (3) (1) (1) 0 (2) (4) (2) 0 (1)
Free cash flow (16) (19) (24) (25) (16) (32) (42) (69) (69) (59)
Balance, $m
Balance, $m Working capital 10 4 (1) (7) 8 107 80 66 37 51
Total debt — — 0 1 2 0 14 — 9 0
Net debt (15) (17) (14) (5) (15) (115) (69) (77) (66) (75)
Shareholders’ equity 7 10 4 (4) 9 113 90 96 49 56
Returns, %
Returns, % ROA (96.47) (102.20) (103.22) (151.90) (83.03) (57.13) (43.30) (67.73) (77.29) (84.70)
ROIC 0.00 0.00 0.00 0.00 0.00 0.00 (161.46) (296.04) 0.00 0.00
ROE (449.99) (290.28) (383.73) (37,886.98) (541.90) (70.96) (52.44) (89.30) (134.07) (182.10)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Microvision, Inc. vs peers in Scientific & Technical Instruments (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SOTK Sono-Tek Corporation $96.0M 50.0× 46.5× +1.35% (above 0%: growing) −22.33% (below 0%: shrinking) +290.80% (above 0%: growing) 52.88% 7.29% Compare
LGL LGL Group, Inc. (The) $84.5M — (loss-making) — (loss-making) +24.78% (above 0%: growing) n/m −106.84% (below 0%: shrinking) 66.96% (38.77%) Compare
WRAP Wrap Technologies, Inc. $84.3M — (loss-making) — (loss-making) +102.77% (above 0%: growing) n/m −21.30% (below 0%: shrinking) 75.29% (109.70%) Compare
ARBE Arbe Robotics Ltd. $62.4M — (loss-making) — (loss-making) +156.57% (above 0%: growing) n/m −1.18% (below 0%: shrinking) (0.85%) (1,398.86%) Compare
GNSS Genasys Inc. $58.8M — (loss-making) 56.4× −25.99% (below 0%: shrinking) n/m +50.14% (above 0%: growing) 57.09% (55.33%) Compare
ACFN Acorn Energy Inc. $47.0M 29.6× — −29.39% (below 0%: shrinking) −58.62% (below 0%: shrinking) −104.72% (below 0%: shrinking) 82.36% 15.07% Compare
ODYS Odysight.ai Inc. $43.1M — (loss-making) — (loss-making) +16.02% (above 0%: growing) n/m −7.02% (below 0%: shrinking) 37.86% (1,078.81%) Compare
MIND MIND Technology, Inc. $38.9M — (loss-making) — (loss-making) −58.54% (below 0%: shrinking) n/m −41.54% (below 0%: shrinking) 37.18% (31.95%) Compare
MVIS Microvision, Inc. $37.6M — (loss-making) — (loss-making) +850.32% (above 0%: growing) n/m −50.34% (below 0%: shrinking) 43.58% (1,643.65%)
Median of peers $60.6M — — +8.69% — −14.16% 54.99% (47.05%)

All 34 Scientific & Technical Instruments stocks →

Microvision, Inc. (MVIS) key facts

  • Concern: Microvision, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 million, down 74.3% from fiscal 2024.
  • Microvision, Inc. (MVIS) is a Scientific & Technical Instruments company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, MVIS traded at $1.15, a market capitalization of $37.6 million.
  • Return on equity was −182.1% and debt-to-equity 0.00.
  • Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −12.18 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Microvision, Inc. (MVIS) Latest News

13 May

stockrow.com/MVIS · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com