Microvision 2025 Q3 Earnings Narrowed Losses and Strategic Acquisitions

Microvision reported Q3 2025 earnings on Nov 13, 2025, with a GAAP EPS of -$0.05, beating estimates by $0.01, and revenue of $241,000, surpassing expectations by $10,000. The company reduced its net loss by 8.4% to $14.22M, while announcing strategic moves including the acquisition of Scantinel Photonics and CEO transition.

Revenue

Microvision’s total revenue surged 26.8% year-over-year to $241,000 in Q3 2025, driven by a $213,000 increase in license and royalty revenue. Product revenue contributed $28,000, reflecting a diversified income stream despite ongoing operational challenges.

Earnings/Net Income

The company narrowed losses to $0.05 per share in Q3 2025, a 28.6% improvement from $0.07 in Q3 2024. While the $14.22M net loss remained substantial, the reduction signals progress in cost management amid R&D pressures.

Post-Earnings Price Action Review

Microvision’s stock price declined sharply post-earnings, dropping 9.34% in a single trading day, 12.69% for the week, and 31.67% month-to-date. Despite beating EPS estimates, the revenue shortfall and ongoing losses pressured investor sentiment, though strategic acquisitions and leadership changes may offer long-term optimism.

CEO Commentary

CEO Glen DeVos emphasized strategic investments in core technologies, including next-generation imaging solutions and partnerships in healthcare and industrial sectors. He acknowledged near-term financial pressures but expressed confidence in the innovation pipeline and 2026 revenue growth potential.

Guidance

The company aims to reduce R&D costs by 15% in Q4 2025 while maintaining high-impact projects. For 2026, Microvision anticipates 20–25% year-over-year revenue growth, driven by product commercialization and customer adoption, with a focus on operational efficiency.

Additional News

Microvision’s acquisition of Scantinel Photonics’ FMCW lidar business, signed in October 2025, is expected to close by year-end, enhancing its long-range lidar capabilities. The appointment of Glen DeVos as CEO in September 2025 marks a leadership shift, with his prior automotive expertise seen as pivotal for scaling commercialization. Additionally, the company opened a Virginia office to expand defense sector operations, focusing on drone and autonomous vehicle perception systems.

Microvision’s strategic moves, including the Scantinel acquisition and leadership transition, aim to bolster its market position. The new CEO’s focus on R&D efficiency and product commercialization could drive 2026 growth, though near-term liquidity remains a concern. Investors will closely monitor the integration of acquired technologies and the impact of cost-cutting measures on innovation.