MicroVision — Third Quarter 2026 Earnings Summary

MicroVision reported third-quarter 2026 revenue of $2.4 million, a significant increase from $0.2 million in the same period of 2025, driven by strong demand for its IRIS sensors and the launch of MOVIA Pro. The company achieved a 50% gross margin for the quarter, a marked improvement from the negative margin in the prior year, while reducing operating expenses by approximately 7.5% from its first-half average. Net loss for the quarter narrowed to $12.2 million, or $0.45 per share, compared to $14.2 million in the prior year, aided by a $6.3 million cash R&D grant from the German government. Looking ahead, MicroVision maintains its full-year 2026 revenue guidance between $10 million and $15 million and projects a reduction in 2027 operating cash burn to approximately $40 million.