Saturday 17 October 2026 Export VUZI’s income statement to Excel — free account

Vuzix Corporation

Vuzix Corporation’s revenue for fiscal 2025 (year ended December 2025) was $6.3 million, up 9.14% from fiscal 2024. In the quarter to June 2026, revenue fell 14.1%, EPS grew 10.0% and free cash flow fell 23.1%, each against the same quarter a year earlier.

2.14 0.02 −0.93%

Follow VUZI

Alert me

Market cap: $182.3M
P/E: 0.0×
Fwd P/E: −8.7×
Dividend yield: —
F-score: 5/9
Altman Z: −4.39
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.26

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	1	—	—	1	—	2	—	—	—	—	—

Insider Ownership 14.36%

Capital & Financial Ratios $m

Market Cap 182.34

Revenue 5.91

Net Income (30.67)

Free Cash Flow (25.22)

Net Debt (17.30)

Current Ratio 5.70

Debt/Equity 0.00

P/E ratio 0.00

Fwd P/E (8.68)

P/S ratio 30.33

P/B ratio 8.49

Past 5Y EPS Growth —

This Y EPS Growth 19.05%

Next Y EPS Growth 2.94%

Next Y revenue growth 8.49%

Next 5Y EPS Growth 20.00%

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

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 53.11%

10-year low 10-year high

P/B against its own 10 years 81.35%

10-year low 10-year high

EV/Sales against its own 10 years 56.51%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
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	27	18	21	17
Receivables	4	2	2	1
Inventory	9	5	2	2
Other	0	1	1	0
	42	27	27	22

	2023	2024	2025	Q'26
Payables	2	1	1	1
ST’ Debt	—	—	—	—
Other	1	0	0	0
	5	2	5	4

Compound Annual Growth %

	10y	5y	3y
Sales	8.61%	(11.52%)	(19.04%)
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	4.37%	(12.57%)	(40.21%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1	1	—	—	—
’25	2	1	1	2	6
’24	2	1	1	1	6
’23	4	5	2	1	12
’22	3	3	3	3	12
’21	4	3	3	3	13
’20	2	3	3	4	12

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(6)	(7)	—	—	—
’25	(3)	(5)	(5)	(6)	(19)
’24	(9)	(6)	(5)	(4)	(24)
’23	(4)	(8)	(8)	(6)	(26)
’22	(6)	(5)	(7)	(7)	(25)
’21	(6)	(7)	(6)	(8)	(27)
’20	(4)	(5)	(2)	(3)	(14)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(7)	(7)	—	—	—
’25	(4)	(6)	(5)	(6)	(21)
’24	(10)	(7)	(6)	(4)	(27)
’23	(9)	(15)	(11)	(9)	(43)
’22	(7)	(13)	(10)	(14)	(43)
’21	(7)	(8)	(9)	(9)	(32)
’20	(4)	(5)	(3)	(3)	(15)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.09)	(0.09)	—	—	—
’25	(0.11)	(0.10)	(0.09)	(0.12)	(0.42)
’24	(0.16)	(0.62)	(0.14)	(0.16)	(1.08)
’23	(0.16)	(0.14)	(0.17)	(0.32)	(0.79)
’22	(0.16)	(0.16)	(0.15)	(0.17)	(0.64)
’21	(0.17)	(0.14)	(0.13)	(0.18)	(0.66)
’20	(0.18)	(0.13)	(0.13)	(0.09)	(0.53)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	4.30	4.10	4.26	1.77	0.86	8.12	3.27	1.83	0.83	1.47	Analyst estimates 2026–2028 Powerpack
	High	9.80	7.80	11.40	5.46	11.00	32.43	10.49	6.06	5.49	5.79
People
People	Employees	50	61	80	88	97	106	109	94	76	88
	Revenue/emp, $m	0.04	0.09	0.10	0.08	0.12	0.12	0.11	0.13	0.08	0.07
Income, $m
Income, $m	Revenue	2	6	8	7	12	13	12	12	6	6
	Gross margin, %	(54.70)	(12.22)	21.85	(66.08)	5.16	11.91	12.53	(21.72)	(97.31)	(16.92)
	EBT	(19)	(20)	(22)	(26)	(18)	(40)	(41)	(50)	(74)	(32)
	EBT margin, %	(904.87)	(354.54)	(270.26)	(396.91)	(155.01)	(306.70)	(344.41)	(413.46)	(1,277.90)	(513.85)
	Net income	(19)	(20)	(22)	(26)	(18)	(40)	(41)	(50)	(74)	(32)
	Depreciation	2	1	2	3	3	2	3	5	4	3
Per share, $
Per share, $	Revenue	0.13	0.26	0.30	0.22	0.30	0.22	0.19	0.19	0.08	0.08
	Earnings	(1.23)	(1.02)	(0.87)	(0.94)	(0.53)	(0.66)	(0.64)	(0.79)	(1.08)	(0.42)
	Cash flow	(0.85)	(0.78)	(0.83)	(0.74)	(0.37)	(0.44)	(0.38)	(0.41)	(0.35)	(0.24)
	Capex	(0.13)	(0.13)	(0.12)	(0.10)	(0.04)	(0.08)	(0.30)	(0.26)	(0.04)	(0.03)
	Free cash flow	(0.98)	(0.91)	(0.95)	(0.83)	(0.41)	(0.52)	(0.68)	(0.68)	(0.39)	(0.28)
	Book value	1.05	1.02	1.12	0.80	1.27	2.35	1.81	1.27	0.55	0.32
	Shares, m	17	21	27	30	38	61	64	63	68	78
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	57.23	23.91	16.15	9.14	29.88	40.26	19.38	11.24	46.45	46.70
	P/B	6.87	6.19	4.29	2.52	7.16	3.69	1.99	1.69	7.17	11.88
	EV/Sales	51.69	21.55	14.25	7.87	26.90	31.24	13.38	9.18	43.56	43.58
	EV/FCF	(6.63)	(6.23)	(4.49)	(2.08)	(20.16)	(12.92)	(3.65)	(2.59)	(9.40)	(12.79)
Cash, $m
Cash, $m	Operating cash flow	(14)	(16)	(23)	(22)	(14)	(27)	(25)	(26)	(24)	(19)
	Capex	(2)	(3)	(3)	(3)	(1)	(5)	(19)	(17)	(3)	(3)
	Free cash flow	(17)	(19)	(26)	(25)	(15)	(32)	(43)	(43)	(27)	(21)
Balance, $m
Balance, $m	Working capital	14	16	23	16	42	133	75	36	25	22
	Total debt	1	—	—	2	2	1	1	—	—	—
	Net debt	(13)	(15)	(17)	(11)	(36)	(120)	(73)	(27)	(18)	(21)
	Shareholders’ equity	18	21	30	24	48	144	115	81	37	25
Returns, %
Returns, %	ROA	(99.60)	(86.82)	(76.48)	(89.36)	(49.45)	(40.19)	(29.16)	(46.17)	(117.14)	(81.37)
	ROIC	(251.60)	(186.39)	(103.56)	(121.78)	(97.72)	(106.22)	(61.49)	(60.27)	(241.97)	(575.35)
	ROE	(123.44)	(109.19)	(91.43)	(103.87)	(55.16)	(42.05)	(31.45)	(51.10)	(124.55)	(104.35)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
TBCH Turtle Beach Corporation	$289.6M	— (loss-making)	17.7×	−0.73% (below 0%: shrinking)	n/m	+270.16% (above 0%: growing)	38.79%	(5.41%)	Compare
FXHO UTime Limited	$239.1M	— (loss-making)	—	+1.06% (above 0%: growing)	n/m	−341.47% (below 0%: shrinking)	23.95%	0.00%	Compare
GPRO GoPro, Inc.	$215.2M	— (loss-making)	— (loss-making)	−31.26% (below 0%: shrinking)	n/m	−242.66% (below 0%: shrinking)	30.17%	(37.15%)	Compare
VUZI Vuzix Corporation	$182.3M	— (loss-making)	— (loss-making)	−14.06% (below 0%: shrinking)	n/m	−23.09% (below 0%: shrinking)	(57.96%)	(696.34%)
UEIC Universal Electronics Inc.	$66.7M	— (loss-making)	— (loss-making)	−25.01% (below 0%: shrinking)	n/m	−22.84% (below 0%: shrinking)	35.37%	6.54%	Compare
AXIL AXIL Brands, Inc.	$37.5M	13.7×	—	−11.17% (below 0%: shrinking)	+20.00% (above 0%: growing)	+531.52% (above 0%: growing)	82.62%	7.18%	Compare
KOSS Koss Corporation	$35.4M	— (loss-making)	53.5×	+5.83% (above 0%: growing)	n/m	+288.26% (above 0%: growing)	60.98%	8.19%	Compare
ZEPP Zepp Health Corporation Sponsored ADR	$27.1M	— (loss-making)	619×	+6.93% (above 0%: growing)	n/m	−103.70% (below 0%: shrinking)	37.35%	(19.37%)	Compare
FOXX Foxx Development Holdings Inc.	$17.3M	— (loss-making)	—	−49.92% (below 0%: shrinking)	n/m	+11.09% (above 0%: growing)	(26.08%)	(97.68%)	Compare
Median of peers	$52.1M	—	53.5×	−5.95%	—	−5.87%	36.36%	(2.70%)

All 19 Consumer Electronics stocks →

Vuzix Corporation (VUZI) key facts

Strength: Vuzix Corporation’s revenue for fiscal 2025 (year ended December 2025) was $6.3 million, up 9.14% from fiscal 2024.
Vuzix Corporation (VUZI) is a Consumer Electronics company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, VUZI traded at $2.14, a market capitalization of $182.3 million.
Return on equity was −104.4% and debt-to-equity 0.00.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is −4.39 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.