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MicroVision (MVIS) investor relations material
MicroVision Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary11 Nov, 2025
Executive summary
Appointed Glen DeVos as CEO, strengthening leadership and focusing on transforming lidar through cost reduction, innovation, and automotive expertise.
Launched MOVIA S solid-state lidar and Tri-Lidar Architecture, expanding the product portfolio for automotive, industrial, and defense sectors.
Acquired Scantinel Photonics to add 1550-nanometer FMCW ultra-long-range lidar technology, expanding addressable markets and product suite.
Restructured in 2024 to prioritize core perception software and MAVIN/MOVIA products, reducing workforce and operating expenses.
Opened new design and testing facilities in the D.C. area to accelerate defense sector development.
Financial highlights
Q3 2025 revenue was $0.2–$0.24 million, primarily from industrial sales, flat or up 27% year-over-year.
Net loss for Q3 2025 was $14.2 million ($0.05/share); adjusted EBITDA loss was $11.7 million.
Operating expenses for Q3 2025 were $12.0 million, down 22% year-over-year.
Cash used in operations for Q3 2025 was $16.5 million, up from $14.1 million year-over-year.
Ended Q3 2025 with $99.5 million in cash and equivalents, up from $74.7 million at year-end 2024.
Outlook and guidance
MOVIA S production launch planned for Q4 2026; LCAS system launch in Q2 2026.
Management expects sufficient liquidity for at least 12 months, with additional capital needed beyond that.
Revenue pipeline from industrial customers expected to take longer to realize due to product transitions and customer delays.
Anticipated increase in quarterly spending by $1.5–$2 million to support strategic initiatives, including new hires and Scantinel integration.
Financial runway extended into 2027 due to recent funding and cost management.
Detail Tri-Lidar Architecture's OEM value
Scantinel acquisition: EU photonics ecosystem impact?
Reconcile cash burn increase with cost-efficient claim
Sustainability of $200/$300 lidar ASPs
Update on MOVIA L to MOVIA S revenue pipeline
Scantinel FMCW tech industrialization plan
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Next MicroVision earnings date
Q4 202526 Mar, 2026
Next MicroVision earnings date
Q4 202526 Mar, 2026
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Frequently asked questions
MicroVision Inc. is a technology company that specializes in the development of laser scanning technology for a range of applications. The company's core offerings include lidar sensors and solutions, which are used in automotive safety systems, autonomous vehicles, and advanced driver-assistance systems (ADAS). MicroVision's technology enables precise object detection and real-time 3D mapping, supporting the advancement of autonomous driving and smart infrastructure. Additionally, the company develops micro-display solutions for augmented reality and other consumer electronics products, leveraging its expertise in laser beam scanning. The company is headquartered in Redmond, Washington, USA, and its shares are listed on the NASDAQ.
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