MicroVision Inc (NASDAQ:MVIS) Reports Q2 2025 Earnings: Revenue Misses, EPS Beats Estimates

MicroVision Inc (NASDAQ:MVIS) reported its second-quarter 2025 results, missing revenue expectations while slightly beating earnings per share (EPS) estimates. The company posted revenue of $0.2 million, significantly below the analyst consensus estimate of $510,000. Meanwhile, the reported net loss of $0.06 per share was marginally better than the anticipated loss of $0.0612.

Financial Performance vs. Estimates

• Revenue Miss: The $0.2 million in revenue represents a sharp decline from the $1.9 million reported in Q2 2024, primarily driven by industrial customers. The figure fell well short of the $510,000 expected by analysts.
• EPS Slightly Better Than Expected: Despite the revenue shortfall, the net loss of $0.06 per share was slightly narrower than the estimated $0.0612 loss. This was partly due to reduced operating expenses, which declined 44% year-over-year to $14.1 million.
• Cash Position Strengthened: MicroVision ended the quarter with $91.4 million in cash and cash equivalents, up from $74.7 million at the end of 2024. The company also has access to an additional $106.5 million in capital through its at-the-market (ATM) facility and convertible notes.

Market Reaction

Following the earnings release, MicroVision’s stock declined 3.58% in after-hours trading, reflecting investor disappointment over the revenue miss. The stock has been relatively flat over the past week but has seen a slight decline over the past month (-10.57%). The muted performance suggests cautious sentiment, possibly due to slower-than-expected commercial traction despite operational progress.

Key Business Highlights

The earnings report highlighted several strategic developments:

• NVIDIA Integration: MicroVision achieved full integration of its MOVIA lidar into NVIDIA’s DRIVE AGX platform, positioning itself within a key autonomous vehicle ecosystem.
• Automotive & Industrial Momentum: The company noted continued engagement with automotive OEMs and industrial customers, with reformulated RFQs (requests for quotations) and near-term revenue opportunities in industrial automation.
• Defense Sector Expansion: Progress was made in defense and military applications, supported by new board appointments with expertise in robotics and defense technology.
• Manufacturing Readiness: The company emphasized its high-volume production capabilities through its partnership with ZF, ensuring supply readiness for future orders.

Outlook vs. Analyst Expectations

While MicroVision did not provide explicit forward guidance, analysts currently estimate:

• Q3 2025 Revenue: $3.315 million
• Q3 2025 EPS: -$0.0612
• Full-Year 2025 Revenue: $13.46 million
• Full-Year 2025 EPS: -$0.224

Management expressed confidence in securing industrial revenue opportunities in 2025, but the lack of specific financial targets leaves uncertainty around whether the company can meet or exceed these projections.

Conclusion

MicroVision’s Q2 results reflect ongoing challenges in scaling revenue despite operational improvements and strategic partnerships. The market’s negative after-hours reaction underscores concerns over growth execution, even as cost reductions and cash preservation provide some stability.

For more detailed earnings estimates and historical performance, visit MicroVision’s earnings page.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.