MicroVision Reports Q3 Revenue of $2.4 Million, Reiterates 2026 Guidance
MicroVision reported a 50% gross margin and a net loss of $12.2 million, or $0.45 per share. It expects 2027 revenue to at least double from 2026 and plans to reduce operating cash burn to approximately $40 million.
MicroVision, Inc. announced its third quarter 2026 financial results, reporting revenue of $2.4 million compared to $0.2 million in the same period last year. The company achieved a 50% gross margin and reported a net loss of $12.2 million, or $0.45 per share. Management reiterated its full-year 2026 revenue guidance of $10 million to $15 million, citing strong customer demand and a growing purchase order backlog.
Looking ahead to 2027, the company expects revenue to at least double from 2026 levels and plans to reduce operating cash burn to approximately $40 million. Operational highlights for the quarter included the production launch of the MOVIA™ Pro sensor, new defense programs with Overland AI, and expansion into high-speed optical connectivity for AI data centers through its Scantinel assets.