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VUZI Financials Vuzix Corp

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 →

Growth & profitability

  • Revenue has declined 11.5% per year over the past 5 years.
  • Operating margin has contracted, at -517.6% in the latest year.

Financial health

  • The company is unprofitable; at its current free-cash-flow burn it has roughly 1.0 years of cash runway.
Revenue & net income
-$74M -$30M $13M $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-1285% -632% 22% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$32M -$16M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $60M $120M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$27M $44M $116M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $6M -$32M -16.9% -517.6% -$21M $21M
2024 $6M -$74M -97.3% -1285.4% -$25M $18M
2023 $12M -$50M -21.7% -431.2% -$32M $27M
2022 $12M -$41M 12.5% -356.8% -$26M $73M
2021 $13M -$40M 11.9% -303.7% -$31M $120M
2020 $12M -$18M 5.2% -165.2% -$14M $36M
2019 $7M -$26M -66.1% -398.3% -$24M $11M
2018 $8M -$22M 21.8% -270.1% -$24M $17M
2017 $6M -$20M -12.2% -349.5% -$18M $0 $15M
2016 $2M -$19M -54.7% -871.3% -$16M $1M $15M
2015 -$13M -$14M $1M $12M
2014 $8M -$5M $1M $84967
2013 -$10M -$5M $269816 $310140
2012 $322840 -$3M $3M $66554
2011 -$4M -$2M $6M $417976

Valuation over time

How the market has priced VUZI 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.

Price / sales (P/S)
0.0 30.5 61.0 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is VUZI growing its revenue and profit?

Over the past 5 years, Vuzix Corp's revenue has declined 11.5% per year. These are computed facts, not advice.

How much debt does VUZI have?

As of FY2025, Vuzix Corp reported — of total debt against $21M of cash.

What is VUZI's profit margin?

In FY2025, gross margin was -16.9%, operating margin -517.6%, and net margin -513.9%.

Where does this data come from?

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.