Short answer
Vuzix Corp (VUZI) filed its Q1 2026 10-Q quarterly report on May 14, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $1M (down 12.0% year over year) with net income of −$7M.
Q1 2026 key financials · XBRL
- Revenue
- $1M
- −12.0% YoY
- Net income
- −$7M
- +18.1% YoY
- Operating margin
- -517.9%
- EPS (diluted)
- −$0.09
- +18.2% YoY
Source: XBRL data from the Vuzix Corp (VUZI) Q1 2026 10-Q on SEC EDGAR. USD.
Vuzix Corp Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $1.39M, down 12% YoY from $1.58M
- Engineering services $348,936, up 36%; product sales $1.04M, down 21%
- Gross margin negative 27% vs negative 17%; net loss $7.07M vs $8.64M
- Cash $20.17M, down $983,076; operating cash outflow $5.56M
- ATM financing $5.78M; headwinds include operating losses, tariffs, competition, and rapid technology change
Risk Factors
- Trade-policy risk: imported components and materials expose product costs to evolving tariffs
- Demand risk: tariffs could reduce demand for current and future products
- No Section 16 trading-arrangement activity during quarter ended March 31, 2026
- No defaults, unregistered equity sales, or equity repurchases during the quarter
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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