Stocks · Technology · Electronic Components, NEC

MICROVISION, INC.

MVIS Clue Score40
United States Fiscal year ends December CIK 0000065770
$1.20 -8.40% Close, 9 Oct 2026
Price $1.20 −87.38% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue14.8Operating income−16.5Net income−16.5Fiscal year 2017Revenue9.6 −34.7%Operating income−25.5Net income−25.5Fiscal year 2018Revenue17.6 +82.8%Operating income−27.2Net income−27.3Fiscal year 2019Revenue8.9 −49.5%Operating income−26.5Net income−26.5Fiscal year 2020Revenue3.1 −65.2%Operating income−13.6Net income−13.6EPS, diluted−0.10Fiscal year 2021Revenue2.5 −19.1%Operating income−43.9Net income−43.2EPS, diluted−0.27Fiscal year 2022Revenue0.7 −73.4%Operating income−53.9Net income−53.1EPS, diluted−0.32Fiscal year 2023Revenue7.3 +993.2%Operating income−88.9Net income−82.8EPS, diluted−0.45Fiscal year 2024Revenue4.7 −35.3%Operating income−85.5Net income−96.9EPS, diluted−0.46Fiscal year 2025Revenue1.2 −74.3%Operating income−82.8Net income−95.0EPS, diluted−0.35
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 14.8 9.6 17.6 8.9 3.1 2.5 0.7 7.3 4.7 1.2
Growth −34.7% +82.8% −49.5% −65.2% −19.1% −73.4% +993.2% −35.3% −74.3%
Operating income −16.5 −25.5 −27.2 −26.5 −13.6 −43.9 −53.9 −88.9 −85.5 −82.8
Net income −16.5 −25.5 −27.3 −26.5 −13.6 −43.2 −53.1 −82.8 −96.9 −95.0
Growth
EPS, diluted n/a n/a n/a n/a −0.10 −0.27 −0.32 −0.45 −0.46 −0.35

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin29.7%Operating margin−111.5%Net margin−111.6%Fiscal year 2017Gross margin−2.4%Operating margin−264.5%Net margin−264.5%Fiscal year 2018Gross margin39.6%Operating margin−154.6%Net margin−154.8%Fiscal year 2019Gross margin3.6%Operating margin−297.9%Net margin−298.0%Free cash flow margin−279.0%Fiscal year 2020Gross margin54.8%Operating margin−440.6%Net margin−441.2%Free cash flow margin−533.2%Fiscal year 2021Gross margin99.9%Operating margin−1,754.8%Net margin−1,728.0%Free cash flow margin−1,275.9%Fiscal year 2022Gross margin84.9%Operating margin−8,116.0%Net margin−7,995.6%Free cash flow margin−6,382.2%Fiscal year 2023Gross margin61.8%Operating margin−1,224.3%Net margin−1,141.2%Free cash flow margin−950.9%Fiscal year 2024Gross margin−60.3%Operating margin−1,821.1%Net margin−2,063.8%Free cash flow margin−1,467.5%Fiscal year 2025Gross margin−1,435.4%Operating margin−6,856.6%Net margin−7,862.7%Free cash flow margin−4,917.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 29.7% −2.4% 39.6% 3.6% 54.8% 99.9% 84.9% 61.8% −60.3% −1,435.4%
Operating margin −111.5% −264.5% −154.6% −297.9% −440.6% −1,754.8% −8,116.0% −1,224.3% −1,821.1% −6,856.6%
Net margin −111.6% −264.5% −154.8% −298.0% −441.2% −1,728.0% −7,995.6% −1,141.2% −2,063.8% −7,862.7%
Free cash flow margin n/a n/a n/a −279.0% −533.2% −1,275.9% −6,382.2% −950.9% −1,467.5% −4,917.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−14.8Fiscal year 2017Operating cash flow−15.5Fiscal year 2018Operating cash flow−22.6Fiscal year 2019Operating cash flow−24.0Capital expenditure−0.7Free cash flow−24.8Fiscal year 2020Operating cash flow−16.1Capital expenditure−0.4Free cash flow−16.5Fiscal year 2021Operating cash flow−29.4Capital expenditure−2.5Free cash flow−31.9Fiscal year 2022Operating cash flow−38.0Capital expenditure−4.4Free cash flow−42.4Fiscal year 2023Operating cash flow−67.1Capital expenditure−1.9Free cash flow−69.0Fiscal year 2024Operating cash flow−68.5Capital expenditure−0.4Free cash flow−68.9Fiscal year 2025Operating cash flow−58.7Capital expenditure−0.7Free cash flow−59.4
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −14.8 −15.5 −22.6 −24.0 −16.1 −29.4 −38.0 −67.1 −68.5 −58.7
Capital expenditure n/a n/a n/a −0.7 −0.4 −2.5 −4.4 −1.9 −0.4 −0.7
Free cash flow n/a n/a n/a −24.8 −16.5 −31.9 −42.4 −69.0 −68.9 −59.4
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash15.1Shareholders’ equity13.9Fiscal year 2017Cash17.0Shareholders’ equity10.1Fiscal year 2018Cash13.8Shareholders’ equity4.1Fiscal year 2019Cash5.8Total debt0.0Net cash (debt)5.8Shareholders’ equity−4.0Fiscal year 2020Cash16.9Shareholders’ equity9.0Fiscal year 2021Cash82.6Shareholders’ equity112.8Fiscal year 2022Cash20.5Shareholders’ equity89.7Fiscal year 2023Cash45.2Shareholders’ equity95.8Fiscal year 2024Cash54.5Total debt33.0Net cash (debt)21.5Shareholders’ equity48.8Debt to equity0.68Fiscal year 2025Cash32.4Total debt19.2Net cash (debt)13.2Shareholders’ equity55.5Debt to equity0.35
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 15.1 17.0 13.8 5.8 16.9 82.6 20.5 45.2 54.5 32.4
Total debt n/a n/a n/a 0.0 n/a n/a n/a n/a 33.0 19.2
Net cash (debt) n/a n/a n/a 5.8 n/a n/a n/a n/a 21.5 13.2
Shareholders’ equity 13.9 10.1 4.1 −4.0 9.0 112.8 89.7 95.8 48.8 55.5
Debt to equity n/a n/a n/a n/a n/a n/a n/a n/a 0.68 0.35

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
29.7% −2.4% 39.6% 3.6% 54.8% 99.9% 84.9% 61.8% −60.3% −1,435.4%
−111.5% −264.5% −154.6% −297.9% −440.6% −1,754.8% −8,116.0% −1,224.3% −1,821.1% −6,856.6%
n/a n/a n/a n/a n/a −1,728.0% −7,995.6% −1,125.4% −2,053.0% −7,869.6%
−111.6% −264.5% −154.8% −298.0% −441.2% −1,728.0% −7,995.6% −1,141.2% −2,063.8% −7,862.7%
n/a n/a n/a −279.0% −533.2% −1,275.9% −6,382.2% −950.9% −1,467.5% −4,917.1%
Spending
82.2% 156.7% 140.1% 210.0% 318.4% 964.4% 4,580.3% 781.2% 1,043.8% 2,625.8%
59.2% 105.4% 54.1% 91.5% 191.5% 890.2% 3,620.6% 505.4% 624.9% 1,682.5%
n/a n/a n/a 8.4% 13.0% 99.7% 656.5% 26.7% 8.0% 56.2%
Returns
−118.2% −252.7% −661.9% n/a −151.3% −38.3% −59.2% −86.5% −198.7% −171.0%
−81.9% −85.6% −118.3% −223.7% −64.9% −33.2% −46.2% −63.9% −80.0% −92.1%
Balance and payout
n/a n/a n/a n/a n/a n/a n/a n/a 0.68 0.35
62.8% 66.1% 82.1% 133.6% 57.1% 13.4% 22.0% 26.1% 59.7% 46.1%