15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $1M | -$95M | -1435.4% | -6856.6% | -171.0% | -92.1% | -$59M | $19M | $32M |
| 2024 | $5M | -$97M | -60.3% | -1821.1% | -198.7% | -80.0% | -$69M | $33M | $54M |
| 2023 | $7M | -$83M | 61.8% | -1224.3% | -86.5% | -63.9% | -$69M | — | $45M |
| 2022 | $664000 | -$53M | 84.9% | -8116.0% | -59.2% | -46.2% | -$42M | — | $21M |
| 2021 | $3M | -$43M | 99.9% | -1754.8% | -38.3% | -33.2% | -$32M | — | $83M |
| 2020 | $3M | -$14M | 54.8% | -440.6% | -151.3% | -64.9% | -$16M | — | $17M |
| 2019 | $9M | -$26M | 3.6% | -297.9% | 665.9% | -223.7% | -$25M | $0 | $6M |
| 2018 | $18M | -$27M | 39.6% | -154.6% | -661.9% | -118.3% | — | — | $14M |
| 2017 | $10M | -$25M | -2.4% | -264.5% | -252.7% | -85.6% | — | — | $17M |
| 2016 | — | -$16M | — | — | -118.2% | -81.9% | — | — | $15M |
| 2015 | — | -$15M | — | — | 9504.6% | -103.6% | — | — | $8M |
| 2014 | — | -$18M | — | — | -263.7% | -151.7% | — | — | $8M |
| 2013 | — | -$13M | — | — | 777.0% | -156.0% | — | — | $5M |
| 2012 | — | -$23M | — | — | -449.0% | -175.4% | — | — | $7M |
| 2011 | — | -$36M | — | — | -331.5% | -150.0% | — | — | $13M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $1M | -$37M | 43.6% | -1643.7% | -179.2% | -41.7% | -$19M | $25M | $27M |
| Mar '26 | $935000 | -$25M | 38.8% | -2512.7% | -64.0% | -23.0% | -$17M | $32M | $46M |
| Dec '25 | $223000 | -$38M | -7220.6% | -18570.0% | -68.0% | -36.6% | -$16M | $19M | $32M |
| Sep '25 | $241000 | -$14M | -297.1% | -5278.4% | -15.7% | -9.4% | -$17M | $29M | $73M |
| Jun '25 | $155000 | -$14M | -361.9% | -9455.5% | -18.5% | -10.1% | -$13M | $32M | $74M |
| Mar '25 | $589000 | -$29M | 6.6% | -2383.7% | -54.1% | -24.7% | -$14M | $30M | $52M |
| Dec '24 | $2M | -$31M | -149.5% | -1119.5% | -63.9% | -25.7% | -$15M | $33M | $54M |
| Sep '24 | $190000 | -$16M | -206.8% | -8266.3% | -23.6% | -17.6% | -$14M | — | $17M |
| Jun '24 | $2M | -$24M | 18.2% | -1296.4% | -30.4% | -23.1% | -$19M | — | $27M |
| Mar '24 | $956000 | -$26M | -33.6% | -2793.9% | -28.1% | -21.2% | -$21M | — | $44M |
| Dec '23 | $5M | -$20M | 82.3% | -389.9% | -20.6% | -15.2% | -$17M | — | $45M |
| Sep '23 | $1M | -$23M | 40.3% | -2282.2% | -23.9% | -17.3% | -$21M | — | $49M |
| Jun '23 | $329000 | -$21M | -113.1% | -7264.4% | -18.3% | -13.9% | -$18M | — | $62M |
| Mar '23 | $782000 | -$19M | 30.4% | -2709.8% | -22.0% | -15.4% | -$14M | — | $23M |
| Dec '22 | $0 | -$13M | — | — | -15.0% | -11.7% | -$11M | — | $21M |
| Sep '22 | $0 | -$13M | — | — | -15.0% | -11.7% | -$10M | — | $22M |
| Jun '22 | $314000 | -$14M | 94.3% | -4353.2% | -14.4% | -12.7% | -$10M | — | $37M |
| Mar '22 | $350000 | -$13M | 98.9% | -3749.7% | -12.7% | -11.2% | -$12M | — | $56M |
| Dec '21 | $557000 | -$13M | 91.4% | -2265.9% | -11.2% | -9.7% | -$9M | — | $83M |
| Sep '21 | $718000 | -$9M | 101.4% | -1402.4% | -7.7% | -7.0% | -$10M | — | $125M |
How the market has priced MVIS against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, MICROVISION, INC.'s revenue has declined 17.1% per year. These are computed facts, not advice.
As of FY2025, MICROVISION, INC. reported $19M of total debt against $32M of cash; operating income covered interest expense -11.3×.
In FY2025, gross margin was -1435.4%, operating margin -6856.6%, and net margin -7862.7%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.