MVISNasdaqElectronic Components, NECFiscal year ends December 31
MICROVISION, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$1.20+0.07 (+6.19%)
Close on Oct 19, 2026
- Market cap
- $26.76M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
-1435.4%−1490.2 pts over 5 years
Operating margin
-6856.6%−6416.0 pts over 5 years
Net margin
-7862.7%−7421.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -74.3% | +22.1% | -17.1% | -18.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -239.0% | -541.9% | -182.1% | |
| Return on assets | -96.5% | -83.0% | -84.7% | |
| Current ratio | 2.39 | 1.75 | 2.69 | |
| Debt to equity | – | – | – | |
| Net debt to EBITDA | – | – | – | |
| Interest coverage | – | – | -11.3× | |
| Inventory turnover | 9.9× | 14.6× | 12.2× | |
| Capex to revenue | – | 13.0% | 56.2% | |
| Diluted shares | 3M | 0M | 18M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Microvision generated $261.77M from operations and spent $9.84M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$261.77M
Used
$9.84M
Capital expenditure$9.84M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-7862.7%
×Asset turnover0.01×
×Equity multiplier2.15×
=Return on equity, FY2025-182.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -7862.7% | 0.01× | 2.15× | -182.1% |
| FY2024 | -2063.8% | 0.04× | 1.73× | -134.1% |
| FY2023 | -1141.2% | 0.06× | 1.32× | -89.3% |
| FY2022 | -7995.6% | 0.01× | 1.21× | -52.4% |
| FY2021 | -1728.0% | 0.03× | 1.24× | -71.0% |
| FY2020 | -441.2% | 0.19× | 6.53× | -541.9% |
| FY2019 | -298.0% | 0.51× | 249.06× | -37832.9% |
| FY2018 | -154.8% | 0.67× | 3.72× | -383.7% |
| FY2017 | -264.5% | 0.39× | 2.08× | -212.2% |
| FY2016 | -111.6% | 0.86× | 2.48× | -239.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$94.98M
- Cash generatingOperating cash flow above zero-$58.72M
- Return on assets improvedROA up on the prior year-74.8% → -78.4%
- Earnings backed by cashOperating cash flow above net income-$58.72M vs -$94.98M
- Less leverageLong-term debt to assets fell7.2% → –
- Better liquidityCurrent ratio rose1.79 → 2.69
- No dilutionShare count did not rise14M → 18M
- Gross margin improvedGross margin up on the prior year-60.35% → -1435.43%
- More efficientAsset turnover rose0.04 → 0.01