10-Q · May 14, 2026
Vuzix Corporation's Q1 2026 financial results show a 12% decline in total revenue to $1,391,324 from $1,580,941 in Q1 2025, driven by a 21% drop in product sales. Despite an increase in engineering services revenue, the…
Earnings analysis · 10-Q
VUZI earnings analysis
Filed August 13, 2026 · Our reading of the company's report
The latest report
The supplied 10-Q excerpt does not include the financial statements, MD&A, balance sheet, cash-flow statement, segment results, or current-quarter earnings metrics, so revenue, margins, EPS, cash flow, and…
Read full summary
The supplied 10-Q excerpt does not include the financial statements, MD&A, balance sheet, cash-flow statement, segment results, or current-quarter earnings metrics, so revenue, margins, EPS, cash flow, and working-capital trends cannot be quantified. Controls were effective as of June 30, 2026, and the company reported no material legal proceedings. The principal disclosed risk update is exposure to evolving trade policies and tariffs, which could raise imported component costs and reduce product demand.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Controls remained effective
Management concluded that disclosure controls and procedures were effective as of June 30, 2026. It also reported no changes during the quarter that materially affected, or were reasonably likely to materially affect, internal control over financial reporting.
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No material legal proceedings
The company stated that it is not currently party to any material legal proceedings as of the filing dated August 13, 2026.
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No equity issuance or repurchases
The company reported no unregistered securities sales and no equity securities repurchases during the quarter ended June 30, 2026.
What to watch
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Tariff exposure adds cost and demand risk
The filing adds a trade-policy risk covering 2 specific exposures: higher costs for imported raw and finished components and weaker demand for current and future products. The company states that evolving trade policies, including tariffs, could materially adversely affect both areas.
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Unpredictable litigation outcomes
Management states that litigation outcomes are inherently unpredictable and that ultimate losses could differ from estimates, potentially affecting business, financial condition, results of operations, and cash flows. The company nevertheless says reasonably possible losses are not expected to be material based on current knowledge as of August 13, 2026.
Management's outlook
No quantitative revenue or EPS outlook is provided in the supplied 10-Q text; the filing excerpt contains no explicit guidance or outlook discussion.
Earlier filings 4
10-K · March 12, 2026
Vuzix reported full-year 2025 revenue of $6,280,611, up 9% year-over-year, driven by product sales of $4,676,632 (74%) and engineering services of $1,603,979 (26%). Gross loss narrowed to $1,062,394 (−17% of sales) and…
10-Q · November 13, 2025
Vuzix reported Q3 sales of $1,160,947, down from $1,385,714 in Q3 2024, with a larger gross loss of $411,307 and an improved operating loss of $7,493,894. The company generated net loss per share of $(0.09) for the…
10-Q · August 14, 2024
Vuzix reported Q2 revenue of $1,092,571, down sharply from $4,690,835 in Q2 2023 and down from Q1 2024 ($2,003,867). The quarter showed a gross loss of $333,145 and a large operating loss of $40,730,278 (EPS -$0.62),…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.