Short answer
MICROVISION, INC. (MVIS) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $1M (up 850.3% year over year) with net income of −$37M.
Q2 2026 key financials · XBRL
- Revenue
- $1M
- +850.3% YoY · +57.5% QoQ
- Net income
- −$37M
- −159.6% YoY · −46.1% QoQ
- Operating margin
- -1643.7%
- Gross margin
- 43.6%
- EPS (diluted)
- −$2.82
- −4600.0% YoY · −3425.0% QoQ
Source: XBRL data from the MICROVISION, INC. (MVIS) Q2 2026 10-Q on SEC EDGAR. USD.
MICROVISION, INC. Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Quarterly revenue $1.473M, up 850.3% YoY from $155K, driven by IRIS and MOVIA L sensor shipments
- Cost-of-revenue margin 56.4% vs 461.9% YoY, benefiting from sales of acquired IRIS and existing MOVIA L inventories
- Cash $27.2M at June 30, 2026, with $41.2M ATM capacity and $68.4M potential liquidity
- Operating cash used $35.6M vs $26.8M YoY, while financing provided $21.4M vs $43.3M
- Going-concern uncertainty, planned ATM financing, and consolidation savings expected beginning Q3 2026
Risk Factors
- Liquidity risk: Additional capital required for at least 12 months, with potential operations reductions if financing fails
- Customer concentration risk: Three customers contributed 25%, 22%, and 21% of six-month revenue
- Nasdaq compliance risk: Minimum $1 bid price required for 10 consecutive trading days before January 11, 2027
- Debt risk: February 2026 convertible notes total $43.0 million and impose minimum-liquidity covenants
- Operational risk: Recent Ibeo, Scantinel, and Luminar acquisitions increased expenses and headcount requirements
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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