Vuzix Corp (VUZI) financials
Vuzix revenue and earnings by year
Vuzix's revenue was $6.28 million in the fiscal year to December 31, 2025, up 9.1% from the year before. Net income was -$32.3 million, -513.9% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 12.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6 | 6 | 12 | 12 | 13 | 12 | 7 | 8 | 6 | 2 |
| Revenue growth | 9.1% | -52.6% | 2.5% | -10.1% | 13.7% | 73.6% | -17.6% | 46.2% | 160.3% | — |
| Gross profit | -1 | -6 | -3 | 1 | 2 | 1 | -4 | 2 | -1 | -1 |
| Gross margin | -16.9% | -97.3% | -21.7% | 12.5% | 11.9% | 5.2% | -66.1% | 21.8% | -12.2% | -54.7% |
| Operating income | -33 | -74 | -52 | -42 | -40 | -19 | -27 | -22 | -19 | -19 |
| Operating margin | -517.6% | -1285.4% | -431.2% | -356.8% | -303.7% | -165.2% | -398.3% | -270.1% | -349.5% | -871.3% |
| Net income | -32 | -74 | -50 | -41 | -40 | -18 | -26 | -22 | -20 | -19 |
| Net margin | -513.9% | -1277.9% | -413.5% | -344.4% | -306.7% | -155.0% | -396.9% | -270.3% | -354.5% | -904.9% |
| Diluted EPS | -$0.42 | -$1.08 | -$0.79 | -$0.64 | -$0.66 | -$0.53 | -$0.94 | — | — | — |
| Free cash flow | -21 | -25 | -32 | -26 | -31 | -14 | -24 | -24 | -18 | -16 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open VUZI in Markets.
How Vuzix makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Product | $884K | 79.4% |
| Engineering Services | $229K | 20.6% |
See also: VUZI returns
No forecast, no recommendation. This page describes Vuzix Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.