MicroVision Q4 revenue falls 88%, net loss widens

Microvision

04/03/2026 21:32

Overview

Lidar solutions provider's Q4 revenue fell 88% from a year ago

Q4 net loss widened to $37.8 mln, impacted by asset impairment and inventory write-downs

Company to cut workforce by 20% in 1H2026 to streamline operations

Outlook

Company plans to reduce global workforce by 20% in 1H2026

MicroVision aims to redefine lidar industry with diverse product portfolio

Company strengthens cash position with $43 mln convertible notes

Result Drivers

STRATEGIC ACQUISITIONS - Completed acquisitions of Luminar and Scantinel, diversifying product portfolio and securing new revenue opportunities

COST-SAVING MEASURES - Planned 20% workforce reduction and consolidation of operations to streamline expenses

NET LOSS - Widened due to non-cash charges related to asset impairments and inventory write-downs, partially offset by a net credit of $1.5 million of non-cash, share-based compensation expense

Company press release: ID:nACS722Nja

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$200,000
$3 mln (1 Analyst)
Q4 EPS
-$0.12
Q4 Net Income
-$37.80 mln
Q4 Adjusted EBITDA
Miss
-$12 mln
-$9.19 mln (1 Analyst)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electronic equipment & parts peer group is "buy"

Wall Street's median 12-month price target for MicroVision Inc is $3.00, about 279.5% above its March 3 closing price of $0.79

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)