Vuzix Corp
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $6.3M | $5.8M | $12.1M | $11.8M | $13.2M |
| Cost of revenue | $7.3M | $11.4M | $14.8M | $10.4M | $11.6M |
| Gross profit | -$1.1M | -$5.6M | -$2.6M | $1.5M | $1.6M |
| Research and development | $12.6M | $9.6M | $12.3M | $12.7M | $11.7M |
| Operating expenses | $31.4M | $68.4M | $49.7M | $43.7M | $41.5M |
| Operating income | -$32.5M | -$74.0M | -$52.3M | -$42.2M | -$40.0M |
| Pretax income | -$32.3M | -$73.5M | -$50.1M | -$40.8M | -$40.4M |
| Income tax expense | $0 | $0 | $0 | — | — |
| Net income | -$32.3M | -$73.5M | -$50.1M | -$40.8M | -$40.4M |
| Balance Sheet | |||||
| Cash and equivalents | $21.2M | $18.2M | $26.6M | $72.6M | $120.2M |
| Current assets | $27.2M | $26.7M | $41.5M | $90.6M | $137.2M |
| Total assets | $40.1M | $39.4M | $86.1M | $131.1M | $148.5M |
| Current liabilities | $4.9M | $2.1M | $5.2M | $15.3M | $4.2M |
| Total liabilities | $5.4M | $2.1M | $5.4M | $15.6M | $4.7M |
| Stockholders' equity | $24.7M | $37.3M | $80.8M | $115.5M | $143.7M |
| Cash Flow Statement | |||||
| Cash from operations | -$18.8M | -$23.7M | -$26.3M | -$24.5M | -$27.0M |
| Depreciation and amortization | $1.9M | $1.8M | $1.0M | $869,502 | $1.3M |
| Stock-based compensation | $5.3M | $11.6M | $12.7M | $15.8M | $17.3M |
| Capital expenditure | $2.0M | $1.4M | $5.3M | $1.7M | $3.8M |
| Free cash flow | -$20.8M | -$25.1M | -$31.6M | -$26.2M | -$30.8M |
| Share repurchases | — | — | $470,757 | $2.0M | — |
| Impairments | $0 | $0 | $41,869 | $97,675 | $80,163 |
Shares outstanding 83.2M · Free float 74.4%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.