MicroVision Reports Third Quarter 2026 Results with Record Lidar Revenue and Accelerated Path to Profitability
MicroVision reported Q3 2026 revenue of $2.4 million, up sharply from $0.2 million a year ago, with a 50% gross margin versus negative margin in the prior-year period. The company reaffirmed FY2026 revenue guidance of $10-$15 million, expects 2027 revenue to at least double, and is targeting a reduction in 2027 operating cash burn to roughly $40 million via significant Q4 cost reductions. Q3 net loss was $12.2 million ($0.45 per share), and cash stood at $28.9 million at quarter-end.
Key figures
- Revenue
- 2400000
- Guidance
- FY2026 revenue $10M-$15M reaffirmed; 2027 revenue expected to at least double from expected 2026 level; 2027 operating cash burn reduced to ~$40 million
- Revenue Yoy
- growth from $0.2 million in Q3 2025
- Net loss
- 12200000
- Ytd revenue
- 4800000
- Gross margin
- 50%
- German rnd grant
- 6300000
- Ytd gross margin
- 46%
- Operating expenses
- 22500000
- Operating cash used
- 13600000
- Adjusted ebitda loss
- 11100000
- Cash and equivalents
- 28900000
AI analysis
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