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Vuzix Corp (VUZI) stock

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NASDAQ: VUZI Nasdaq Electronic Equipment & Instruments Next results ~November 12, 2026

E Fundamentals grade

Vuzix Corp is a US-listed company in the electronic equipment & instruments industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: every model's value for Vuzix Corp is far from the share price, which usually points to a data problem (a merger, a share-count change, a one-off) rather than a bargain or a bubble.

Price vs value

Under review: free cash flow after stock pay is not positive. We'll show the comparison once resolved.

Vuzix Corp valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Vuzix files

Where Vuzix stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $6m, up 6.8% on a year earlier, slower than the 14.2% growth a quarter earlier. Free-cash-flow margin fell to -416.1% from -348.9% a year earlier. Operating margin widened to -521.9% from -718.7%. The diluted share count is up 10.2% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades E. It passes 2 of our 2 financial-health checks.

Our model value for Vuzix is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 13, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 12, 2026 (estimated)

Vuzix Corp's trailing-twelve-month revenue grew 6.8% year on year, with a free-cash-flow margin of -416.1%. Where it lags: net margin of -519.0% ranks 49 of 53 electronic equipment & instruments companies we cover.

Current signal Net income rising while operating cash flow falls: TTM net income grew 21.7% while operating cash flow fell 29.4% — earnings and cash are telling different stories.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Margins widening. Operating margin is up 196.8 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Results due soon. Results are expected around 13 November; the share price can move sharply on the day.
  • Growth slowing. The growth rate is 7.5 points lower than a quarter earlier.
  • Loss-making. Operating margin is -521.9%: costs exceed revenue.
  • Burning cash. Free cash flow was -416.1% of revenue over the last 12 months.
  • Heavy stock-based pay. Stock pay equals 49.0% of revenue, against a median of 3.0% for electronic equipment & instruments companies we cover: a real cost that cash-flow figures leave out.
  • Share dilution. Diluted shares rose 10.2% in a year.

Latest results: FY2026 Q2

Filed August 13, 2026
Earnings per share
-$0.09 against an average estimate of -$0.11: beat by 18.2%
Revenue
$1m, down 14.1% on a year earlier
Share reaction
-0.6% in the first session after the results on August 17, 2026, against -1.1% for the S&P 500
Next report
November 12, 2026

Vuzix's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-14.6%
  • 1 week-11.7%
  • 1 month-39.3%
  • This year-52.1%
  • 1 year-46.0%
  • 5 years-85.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$5.9M
Operating margin
-521.9%
Net margin
-519.0%
EPS (TTM, diluted)
$-0.38

Growth

Revenue growth
+6.8%
Change in growth rate
−7.5 pts
Share count change
+10.2%

Cash

Free cash flow (TTM)
-$24.6M
FCF margin
-416.1%
Stock pay % of revenue
49.0%

Earnings

Last results
August 17, 2026
Next results (est.)
November 13, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Agreement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Vuzix Corp valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: free cash flow after stock pay is not positive.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Vuzix Corp as an operating company, with every model that fits that kind of business. Cost of equity 12.5%: the 10-year Treasury yield (4.9%) plus a beta of 1.69 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: This model is withheld pending its input or assumption review.
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$0.0 ~$0.1–$0.4 Left out: out of range vs price (0.02x)
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Vuzix Corp with Electronic Equipment & Instruments in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$7.59$6.80$6.25$4.81$2.01$9.08$8.67$3.64$2.09$3.94$3.78$1.81
Market value$117m$115m$131m$131m$61m$346m$530m$232m$133m$267m$293m$146m
+ Net debt (− = net cash)−$10m−$13m−$15m−$17m−$9m−$33m−$120m−$73m−$27m−$18m−$21m−$17m
Enterprise value$107m$102m$116m$113m$52m$313m$410m$159m$106m$249m$272m$129m
Multiples
Price / sales 42.5x54.0x23.7x16.2x9.1x29.9x40.3x19.6x10.9x46.4x46.7x24.8x
Price / earnings ————————————
Price / free cash flow ————————————
EV / EBITDA ————————————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

5 /100

Weak moat

How hard Vuzix's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Cash operating profit has been a median -40.9% of total assets over 10 years.

  • Pricing power 0 / 20

    Gross margin has been a median -3.8%, moving by 41.4 percentage points (standard deviation) across 10 years.

  • Durability 10 / 20

    Operating margin has been a median -338.7%; its worst year was -1303.1%.

  • Cash conversion 0 / 20

    Free cash flow was positive in 0 of 10 years, at a median -319.5% of revenue.

  • Discipline 0 / 20

    The diluted share count rose 61.5% over five years; stock-based pay has been a median 62.5% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (10 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 12, 2026, after the close. Analysts expect revenue of $1m for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$0.34 +19% $7m +9%
Next −$0.33 +3% $12m +69%

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −19.0% on 90 days ago. In the last 30 days, 1 analyst raised Vuzix Corp's forecast and 0 cut it.

Consensus EPS forecast Vuzix Corp, last 90 days
−$0.60 −$0.40 −$0.20 $0.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.42 Current fiscal year, 60 days ago: −$0.42 Current fiscal year, 30 days ago: −$0.42 Current fiscal year, 7 days ago: −$0.42 Current fiscal year, Now: −$0.34 −$0.34

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal year
90 days ago −$0.42
60 days ago −$0.42
30 days ago −$0.42
7 days ago −$0.42
Now −$0.34

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.11 −$0.09 +18.2%
Mar 2026 −$0.10 −$0.09 +10.0%
Dec 2025 −$0.09 −$0.12 −33.3%
Sept 2025 −$0.10 −$0.09 +10.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

1 analysts, Oct 2026
Buy1100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202611

Counts of recommendations published by analysts covering Vuzix Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
23.9%
of tradable shares
Days to cover
15.56
at average volume
Short interest, 1 month
+1%
to October 15, 2026
Held by institutions
39%
of shares
Held by insiders
15.6%
of shares
Employees
88
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months −46.0%

$3.35 on October 31, 2025 to $1.81

ThenNowEffect
Revenue (last 12 months) $6m $6m +6.8%
P/S multiple 44.4x 24.8x −44.3%
Share count 73m 81m −9.2%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −48.7%

$3.53 on November 3, 2023 to $1.81

ThenNowEffect
Revenue (last 12 months) $15m $6m −61.1%
P/S multiple 14.7x 24.8x +68.1%
Share count 63m 81m −21.5%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
VUZI−5%−58%−43%+89%−4%−52%
Industry peers (median)0%−37%+25%−1%−7%−15%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
VUZI50%33%33%58%58%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
VUZI−73%−67%−67%−61%−70%−65%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 97% from April 8, 2021 to August 28, 2024. Getting back needed a 3497% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$1.81 – $5.14
From 52-week high
−64.8%
vs 50-day average
−28.3%
vs 200-day average
−34.0%
Volatility (1 year)
92%
Beta vs S&P 500
3.25

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±12.3%
After a week
5 up, 7 down
typical move ±25.3%
After a month
10 up, 2 down
typical move ±38.3%
Results releasedNext dayS&P 500 next day5 days21 days
August 17, 2026 −0.6% −1.1% −10.3% −17.1%
May 15, 2026 +18.5% −1.3% +66.9% +8.1%
March 13, 2026 −17.3% +0.4% −11.4% +0.8%
November 14, 2025 −13.1% −0.9% −11.4% +18.4%
August 15, 2025 −9.5% −0.3% −3.2% +1.4%
May 14, 2025 +1.2% +0.6% −9.2% +13.5%
March 17, 2025 −2.5% −0.3% −3.4% −27.5%
November 18, 2024 +17.6% +0.8% +147.3% +312.1%
August 15, 2024 −8.4% +1.9% −6.3% +16.8%
May 14, 2024 +15.7% +1.7% +14.9% +3.7%
April 19, 2024 +7.1% 0.0% +4.8% +27.0%
November 14, 2023 +35.8% +2.2% +15.0% +13.0%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Vuzix Corp in five measures

Fundamentals grade E
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Vuzix Corp
$5M $10M $15M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $14M Revenue (TTM), FY23 Q4: $12.1M Revenue (TTM), FY24 Q1: $9.9M Revenue (TTM), FY24 Q2: $6.3M Revenue (TTM), FY24 Q3: $5.6M Revenue (TTM), FY24 Q4: $5.8M Revenue (TTM), FY25 Q1: $5.3M Revenue (TTM), FY25 Q2: $5.5M Revenue (TTM), FY25 Q3: $5.3M Revenue (TTM), FY25 Q4: $6.3M Revenue (TTM), FY26 Q1: $6.1M Revenue (TTM), FY26 Q2: $5.9M $5.9M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $14M
FY23 Q4 $12.1M
FY24 Q1 $9.9M
FY24 Q2 $6.3M
FY24 Q3 $5.6M
FY24 Q4 $5.8M
FY25 Q1 $5.3M
FY25 Q2 $5.5M
FY25 Q3 $5.3M
FY25 Q4 $6.3M
FY26 Q1 $6.1M
FY26 Q2 $5.9M
Revenue growth, TTM YoY Vuzix Corp
-80% -60% -40% -20% 0% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 13.9% Revenue growth, TTM YoY, FY23 Q4: 2.5% Revenue growth, TTM YoY, FY24 Q1: -26.5% Revenue growth, TTM YoY, FY24 Q2: -58.3% Revenue growth, TTM YoY, FY24 Q3: -60.2% Revenue growth, TTM YoY, FY24 Q4: -52.6% Revenue growth, TTM YoY, FY25 Q1: -46.4% Revenue growth, TTM YoY, FY25 Q2: -12.8% Revenue growth, TTM YoY, FY25 Q3: -4.3% Revenue growth, TTM YoY, FY25 Q4: 9.1% Revenue growth, TTM YoY, FY26 Q1: 14.2% Revenue growth, TTM YoY, FY26 Q2: 6.8% 6.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 13.9%
FY23 Q4 2.5%
FY24 Q1 -26.5%
FY24 Q2 -58.3%
FY24 Q3 -60.2%
FY24 Q4 -52.6%
FY25 Q1 -46.4%
FY25 Q2 -12.8%
FY25 Q3 -4.3%
FY25 Q4 9.1%
FY26 Q1 14.2%
FY26 Q2 6.8%
Operating margin (TTM) Vuzix Corp
-1500% -1000% -500% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -313.3% Operating margin (TTM), FY23 Q4: -431.2% Operating margin (TTM), FY24 Q1: -518.5% Operating margin (TTM), FY24 Q2: -1303.1% Operating margin (TTM), FY24 Q3: -1451.1% Operating margin (TTM), FY24 Q4: -1285.3% Operating margin (TTM), FY25 Q1: -1362.6% Operating margin (TTM), FY25 Q2: -718.7% Operating margin (TTM), FY25 Q3: -715.2% Operating margin (TTM), FY25 Q4: -517.6% Operating margin (TTM), FY26 Q1: -508.0% Operating margin (TTM), FY26 Q2: -521.9% -521.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -313.3%
FY23 Q4 -431.2%
FY24 Q1 -518.5%
FY24 Q2 -1303.1%
FY24 Q3 -1451.1%
FY24 Q4 -1285.3%
FY25 Q1 -1362.6%
FY25 Q2 -718.7%
FY25 Q3 -715.2%
FY25 Q4 -517.6%
FY26 Q1 -508.0%
FY26 Q2 -521.9%
FCF margin (TTM) Vuzix Corp
-600% -400% -200% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -192.3% FCF margin (TTM), FY23 Q4: -260.5% FCF margin (TTM), FY24 Q1: -342.6% FCF margin (TTM), FY24 Q2: -506.2% FCF margin (TTM), FY24 Q3: -517.2% FCF margin (TTM), FY24 Q4: -436.1% FCF margin (TTM), FY25 Q1: -380.0% FCF margin (TTM), FY25 Q2: -348.9% FCF margin (TTM), FY25 Q3: -360.6% FCF margin (TTM), FY25 Q4: -331.2% FCF margin (TTM), FY26 Q1: -382.3% FCF margin (TTM), FY26 Q2: -416.1% -416.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -192.3%
FY23 Q4 -260.5%
FY24 Q1 -342.6%
FY24 Q2 -506.2%
FY24 Q3 -517.2%
FY24 Q4 -436.1%
FY25 Q1 -380.0%
FY25 Q2 -348.9%
FY25 Q3 -360.6%
FY25 Q4 -331.2%
FY26 Q1 -382.3%
FY26 Q2 -416.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 12 12 5 3 2 3 3 2 6 8 7 12 13 12 12 6 6 6
Gross profit 4 4 1 1 1 1 1 −1 −1 2 −4 1 2 1 −3 −6 −1 −1
EBITDA −2 −3 −4 −4 −4 −5 −11 −18 −18 −20 −24 −18 −39 −40 −48 −71 −31 −30
Operating income −3 −4 −5 −5 −5 −5 −11 −19 −19 −22 −27 −19 −40 −42 −52 −74 −33 −31
Net income −3 −5 −4 0 −10 8 −13 −19 −20 −22 −26 −18 −40 −41 −50 −74 −32 −31
Diluted EPS −$0.02 −$0.02 −$1.10 $0.09 −$1.69 −$0.75 −$0.97 $1.23 $1.02 $0.87 −$0.94 −$0.53 −$0.66 −$0.64 −$0.79 −$1.08 −$0.42 −$0.38
Growth (year on year)
Revenue — +3.1% −60.6% −33.1% −26.0% +26.9% −9.3% −22.6% +160.3% +46.2% −17.6% +73.6% +13.7% −10.1% +2.5% −52.6% +9.1% +6.8%
Net income — — — — <−999% — −270.6% — — — — — — — — — — —
Diluted EPS — — — — <−999% — — — — — — — — — — — — —
Margins
Gross margin 36.0% 31.0% 25.1% 27.5% 33.8% 30.7% 20.6% −54.7% −12.2% 21.8% −66.1% 5.2% 11.9% 12.5% −21.7% −97.3% −16.9% −17.9%
EBITDA margin −20.5% −28.0% −91.2% −132.5% −178.9% −156.8% −398.6% −835.1% −331.5% −251.9% −361.7% −155.4% −296.2% −341.7% −399.5% <−999% −492.1% −504.7%
Operating margin −24.9% −31.6% −101.0% −147.1% −194.7% −166.0% −412.4% −871.3% −349.5% −270.1% −398.3% −165.2% −303.7% −356.8% −431.2% <−999% −517.6% −521.9%
Net margin −27.3% −37.2% −80.4% 10.0% −424.7% 259.5% −488.3% −904.9% −354.5% −270.3% −396.9% −155.0% −306.7% −344.4% −413.5% <−999% −513.9% −519.0%
Free-cash-flow margin −21.9% −26.3% −47.7% −93.0% −219.2% −158.5% −493.1% −772.6% −327.7% −295.4% −363.6% −124.9% −233.9% −221.7% −260.5% −436.1% −331.2% −416.1%
Cash flow
Cash from operations −2 −3 −2 −3 −5 −5 −12 −14 −16 −23 −22 −14 −27 −25 −26 −24 −19 −23
Capital spending 0 0 1 0 0 0 2 2 2 1 2 0 4 2 5 1 2 2
Free cash flow −3 −3 −2 −3 −5 −5 −14 −16 −18 −24 −24 −14 −31 −26 −32 −25 −21 −25
Stock-based pay 0 0 0 0 0 0 1 1 2 2 1 3 17 16 13 12 5 3
Free cash flow after stock pay −3 −3 −3 −3 −5 −5 −14 −17 −20 −26 −26 −17 −48 −42 −44 −37 −26 −27
Balance sheet
Cash 3 3 0 0 0 0 12 15 15 17 11 36 120 73 27 18 21 17
Total debt 0 6 7 3 0 3 2 1 0 0 2 3 0 0 0 0 0 0
Net debt (negative = net cash) −3 3 6 3 −0 3 −10 −13 −15 −17 −9 −33 −120 −73 −27 −18 −21 −17
Diluted shares — — 4m 4m 6m 10m 15m 17m 21m 27m 30m 38m 61m 64m 63m 68m 78m 81m
Returned to shareholders
Buybacks 0 — — — — — — — — — — — — 2 0 — — —
Total returned 0 — — — — — — — — — — — — 2 0 — — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · June 30, 2026
What it owns · $35m
Short-term assets $22mLonger-term assets $13m
What it owes, and who funded it · $25m
Short-term liabilities $4mLonger-term liabilities $0mShareholders' equity $21m
  • Short-term assets cover short-term liabilities $22m of assets due within a year against $4m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $22m short-term assets against $240,418 of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Vuzix Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+10.2%
year over year
R&D spending
229.7%
of revenue
Days sales outstanding
68 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in electronic equipment & instruments
Last 12 months unless stated VUZI MSAI MVIS WFF SERV WATT Median
Revenue, last 12 months $6m $6m $5m $7m $8m $10m $104m
Revenue growth, last 12 months 6.8% 12.2% 90.9% 61.9% 426.4% 430.5% 9.8%
Revenue growth, 3-year average −27.0% — 32.6% — 249.4% 157.2% 7.2%
Revenue growth, latest quarter −14.1% 19.5% 895.9% — 404.4% 216.8% 16.5%
Gross margin −17.9% — −276.2% 31.9% −370.1% 26.6% 38.5%
Operating margin −521.9% −147.8% <−999% −20.5% <−999% −82.6% −7.3%
Operating margin, 3-year average −847.9% −265.1% <−999% — <−999% <−999% −5.1%
Net margin −519.0% −141.7% <−999% −64.4% <−999% −76.4% −5.3%
Cash from operations / revenue −384.2% −129.5% <−999% −32.9% <−999% −150.0% −1.6%
Free-cash-flow margin −416.1% −146.6% <−999% −36.7% <−999% −153.1% −2.5%
Free-cash-flow margin, 3-year average −423.7% −206.7% <−999% — <−999% <−999% 3.7%
Stock pay / revenue 49.0% 11.2% 37.8% — 449.4% 1.8% 3.0%
Change in share count 10.2% — 24.3% 7.3% 43.9% 63.2% 1.9%

Median of all 53 companies we cover in electronic equipment & instruments. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

53 electronic equipment & instruments companies
Measure Company Peer median Rank
Revenue growth Growth 6.8% 9.8% 33 of 53
Change in growth rate Growth -7.5pp +2.3pp 47 of 53
Gross margin Profitability -17.9% 39.7% 43 of 48
Operating margin Profitability -521.9% -7.3% 48 of 53
Net margin Profitability -519.0% -5.3% 49 of 53
Free-cash-flow margin Cash generation -416.1% -2.1% 47 of 52
Stock pay as % of revenue Cash generation 49.0% 3.0% 45 of 49
Change in share count Balance sheet 10.2% 1.9% 31 of 46
Days sales outstanding Balance sheet 68 days 68 days 27 of 52

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Products $4.7M 74.5% ▲ 4.2%
Engineering Services $1.6M 25.5% ▲ 26.6%

From Vuzix Corp's 10-K filed March 12, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$94.8M
Institutions reporting
126
Shares held vs prior quarter
▲ 7.9%
Positions opened / closed
29 / 18

Top buyers and sellers, Q2 2026: 73 institutions bought and 45 sold ; the biggest buyer was Aigh Capital Management LLC (+3.4M shares) and the biggest seller Mitsubishi Ufj Asset Management Co., Ltd (−1.2M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
State Street Corp $22.1M 7.6M 23.3% ▲ 4.2%
Aigh Capital Management LLC $19.6M 6.7M 20.6% ▲ 104.7%
Blackrock, Inc. $13.9M 4.8M 14.7% ▲ 0.6%
Vanguard Capital Management LLC $9.1M 3.1M 9.6% ▲ 8.7%
Geode Capital Management, LLC $5.2M 1.8M 5.5% ▲ 10.4%
Mitsubishi Ufj Asset Management Co., Ltd. $2.2M 761K 2.3% ▼ 61.8%
Renaissance Technologies LLC $2.2M 742K 2.3% New
Susquehanna International Group, LLP $2.1M 726K 2.2% ▼ 3.7%
Northern Trust Corp $1.7M 588K 1.8% ▲ 11.9%
Vanguard Fiduciary Trust Co $1.4M 499K 1.5% ▲ 7.9%
Vanguard Portfolio Management LLC $1.4M 481K 1.5% ▲ 20.5%
Alesco Advisors, LLC, An Esl Co $1.1M 367K 1.1% ▲ 37.5%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Vuzix Corp's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $256,048 4 trades by 3 insiders · 0% under pre-set plans
Net ▼ $256,048 net selling
Insider Date Trade Shares Price Value
Whitten-Doolin Paula Beck Director May 26, 2026 Sell 32,000 $4.68 $149,760
Harned Timothy Heydenreich Director May 21, 2026 Sell 10,000 $4.73 $47,300
Parkinson Christopher Iain See remarks March 4, 2026 Sell 11,663 $2.69 $31,373
Parkinson Christopher Iain See Remarks December 22, 2025 Sell 9,457 $2.92 $27,614

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 9 trades and filings

In the last 12 months, 1 member of Congress disclosed 0 purchases and 2 sales of Vuzix Corp shares.

  • Kevin Hern(R-OK 1):Sale (full), $1,001 - $15,000, traded September 3, 2026, filed September 25, 2026
  • Kevin Hern(R-OK 1):Sale (full), $1,001 - $15,000, traded September 3, 2026, filed September 25, 2026
  • Kevin Hern(R-OK 1):Sale (full), $1,001 - $15,000, traded January 2, 2024, filed February 11, 2024

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 13, 2026 estimated from the company's past filing pattern, not announced

  • August 17, 2026
  • May 15, 2026
  • March 13, 2026
  • November 14, 2025
  • August 15, 2025
  • May 14, 2025

Recent SEC filings

Data status

When each part of this page on Vuzix Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Vuzix Corp in brief

What does Vuzix Corp do?
Vuzix Corp is a US-listed company in the electronic equipment & instruments industry. Its financial year ends in December.
What is Vuzix Corp's stock ticker?
Vuzix Corp trades under the ticker VUZI on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Vuzix Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Vuzix Corp reported revenue of $5.9M, 6.8% higher than a year earlier, according to its SEC filings.
What is Vuzix Corp's free cash flow?
Vuzix Corp's free-cash-flow margin is -416.1% of revenue over the trailing twelve months, ranking 47 of the 52 electronic equipment & instruments companies we cover.
Who are Vuzix Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are State Street Corp, Aigh Capital Management LLC and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Vuzix Corp's market cap?
On November 2, 2026, Vuzix Corp's market capitalisation was about $146M and net debt of -$17.3M. Market figures come from third-party market data and may be delayed.
Who are Vuzix Corp's competitors?
In our Electronic Equipment & Instruments peer group, the companies closest to Vuzix Corp are Multisensor AI Holdings, Inc., Microvision, Inc., WF Holding Ltd, Serve Robotics Inc. and Energous Corp. The side-by-side comparison below sets their revenue, margins and growth against Vuzix Corp's.
Are insiders buying or selling Vuzix Corp stock?
Over the last 12 months, Vuzix Corp's directors and officers reported 0 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is Vuzix Corp's next earnings date?
Around November 12, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Vuzix Corp announces its own schedule.