Vuzix Reports Third Quarter 2026 Results

(NASDAQ: VUZI) Vuzix Corporation reported its financial results for the third quarter ended September 30, 2026. The company shipped evaluation samples of its Vuzix Causeway optical interconnect platform and entered into a co-development letter of intent, with ongoing engagement with more than 10 companies across the AI optical interconnect ecosystem within 90 days of launch. In the defense segment, Vuzix received just under $1.0 million in new OEM defense orders to date in Q4, and began shipping its SHRIKE Defense Display Platform for customer evaluation. The Rochester waveguide manufacturing facility upgrades are now operational, with high-index material processing and functional single-plate color waveguides delivered for customer evaluation. For the three months ended September 30, 2026, total revenues decreased by 38% to $0.7 million compared to $1.2 million in the same period of 2025. Product sales were $0.5 million versus $0.9 million, a decrease of 45%. Engineering services and OEM product sales were $0.2 million versus $0.3 million, a decrease of 17%. The company reported a gross loss of $0.9 million for the quarter, compared to a gross loss of $0.4 million in the prior year period. Research and Development expense was $3.3 million, up 13% from $2.9 million, primarily due to increased external consulting expenses related to new waveguide-based optical interconnect components for CPO solutions. Selling and Marketing expense was $1.6 million, up 43% from $1.1 million, also due to increased external consulting expenses for the same initiative. General and Administrative expense was $2.5 million, down 3% from $2.6 million. Total operating expenses for the quarter were $7.6 million, including approximately $1.0 million of external consulting costs related to the Vuzix Causeway platform, which are not expected to recur. Excluding these costs, operating expenses were approximately $6.6 million, about 7% below the third quarter of 2025. Net loss attributable to common shareholders was $8.4 million or $0.10 per share, compared to a loss of $7.4 million or $0.09 per share in the prior year period. Net cash used in operating activities was $6.7 million for the quarter, versus $5.0 million in the comparable 2025 period. As of September 30, 2026, the company had $9.2 million in cash and no current or long-term debt obligations. Management expects fourth-quarter operating expenses to be in the mid-$6 million range. The company highlighted ongoing production and next-generation development work with Collins Aerospace, and noted that its global automotive OEM customer has progressed to production-validation systems and procurement contract negotiations. Vuzix completed installation and upgrades to its Rochester waveguide manufacturing facility, advancing high-index material processing and functional single-plate color waveguides toward customer qualification. The company believes its progress is laying the foundation for stronger financial performance and long-term shareholder value. A conference call to discuss these results was scheduled for November 12, 2026, at 4:30 p.m. Eastern Time, with participation from Paul Travers, President and CEO, and Grant Russell, Chief Financial Officer.

Vuzix Reports Second Quarter 2026 Results

(NASDAQ: VUZI) Vuzix Corporation reported its second quarter results for the three months ended June 30, 2026, with total revenues decreasing by 14% to $1.1 million versus $1.3 million for the comparable period in 2025. Product sales were $0.9 million versus $1.0 million, a decrease of 15%. Engineering services and OEM product sales were $0.2 million versus $0.3 million, a decrease of 8%. There was an overall gross loss of $0.6 million for the three months ended June 30, 2026 as compared to a gross loss of $0.8 million for the comparable 2025 period, a 15% overall improvement. Research and Development expense was $3.1 million for the three months ended June 30, 2026 versus $2.6 million for the comparable 2025 period, an increase of 20%. For the second quarter ended June 30, 2026, the net loss attributable to common shareholders was $7.7 million or $0.09 per share as compared to a loss of $7.7 million or $0.10 per share for the second quarter of 2025. As of June 30, 2026, the Company had $17.3 million in cash and no current or long-term debt obligations.

Vuzix Receives Follow-On Smart Glasses Order from Augmex to Support Its U.S. Market Launch

(NASDAQ: VUZI) Vuzix Corporation announced that it has received an additional smart glasses order from Augmex, a smart glasses solutions provider focused on helping enterprise customers improve productivity, training and workflow execution. The order includes Vuzix M400 and LX1 smart glasses and continues a series of orders received from Augmex since December 2024. The latest order is expected to support Augmex's launch of its solutions in the United States, as well as continued deployments across multiple enterprise verticals. Augmex bundles Vuzix smart glasses with its software and services to deliver integrated solutions for customers in areas such as warehousing, logistics, field service and other hands-free workflow applications. Vuzix holds more than 500 patents and patents pending and numerous IP licenses in the fields of optics, head-mounted displays, and the augmented reality wearables field. The Company has won over 20 Consumer Electronics Show (or CES) awards for innovation since 2005 and several wireless technology innovation awards among others. Vuzix is a public company (NASDAQ: VUZI) with offices in: Rochester, NY; and Kyoto and Okayama, Japan.

Vuzix Annual Meeting of Stockholders to Be Held on June 16, 2026

(NASDAQ: VUZI) Vuzix Corporation announced it will be hosting its Annual Meeting of Stockholders on Tuesday, June 16, 2026 at 11:00 AM Eastern Time at the RIT Inn and Conference Center, 5257 West Henrietta Road, Henrietta, NY 14467. The Company requests that shareholders planning to attend the Annual Meeting please preregister with Ed McGregor. Doors will open at 10:15 AM that morning, and Vuzix will be providing product and technology demos prior to the meeting's start. Following the formal portion of the meeting, Vuzix CEO and President Paul Travers will give a corporate presentation. Vuzix holds more than 500 patents and patents pending and numerous IP licenses in the fields of optics, head-mounted displays, and the augmented reality wearables field. The Company has won over 20 Consumer Electronics Show (or CES) awards for innovation since 2005 and several wireless technology innovation awards among others. Following completion of the meeting, the Company will provide a link to an audio recording of both the formal proceedings, and the audio and slides of CEO's corporate presentation on its website.

Vuzix Showcasing Advanced Waveguide Solutions for Defense and Tactical Operations During SOF Week 2026

Vuzix Corporation (NASDAQ: VUZI), a leading supplier of AI-powered smart glasses, waveguides, and Augmented Reality (AR) technologies, announced it will be exhibiting its advanced waveguide solutions at SOF Week 2026 in Tampa, Florida, from May 18-21. The company will showcase its CIV-40-2 waveguide, which offers a full-color 40 degree field of view and HD resolution, designed for vertical-mount HMDs. Vuzix provides mission-ready waveguide optics and AR display solutions for defense, security, and next-generation battlefield systems. The company holds more than 500 patents and patents pending and has won over 20 Consumer Electronics Show awards for innovation since 2005. Vuzix is a public company with offices in Rochester, NY, and Kyoto and Okayama, Japan. The announcement highlights Vuzix's leadership in smart glasses and AR display technology. Interested parties are invited to contact the company for meetings or more information about its products.

Vuzix Reports First Quarter 2026 Results

Vuzix Corporation (NASDAQ: VUZI) reported its first quarter 2026 results, showing total revenues decreased by 12% to $1.4 million compared to $1.6 million in Q1 2025. The company recorded a net loss attributable to common shareholders of $7.1 million, or $0.09 per share, versus a loss of $8.6 million, or $0.11 per share, in the prior year period. Research and development expenses increased to $3.0 million, while general and administrative expenses decreased to $2.1 million. The company continues to expand its manufacturing capacity and focus on OEM smart glasses solutions, waveguides, and display systems.

AcuraFlow Expands Deployment of Vuzix Smart Glasses Across North America with Follow-On Order

Vuzix Corporation (NASDAQ: VUZI) announced it has received and fulfilled a six-figure follow-on order for its M400 smart glasses from AcuraFlow, an industrial AI and automation solutions provider. With this latest order, AcuraFlow has now deployed more than 900 Vuzix smart glasses across its customer network in North America. The continued follow-on activity reflects growing adoption of hands-free, AI-enabled workflows among industrial customers. Vuzix holds more than 500 patents and patents pending and has won over 20 Consumer Electronics Show awards for innovation since 2005. The company has offices in Rochester, NY; and Kyoto and Okayama, Japan.

Vuzix Receives Customer-Funded Development Order from Leading Tier-1 Defense Supplier for Next-Generation Waveguide Display Program

Vuzix Corporation (NASDAQ: VUZI) announced it has received a further six-figure, customer-funded development order from a leading tier-1 supplier of advanced aerospace and defense solutions. The program supports the design of a waveguide-based display system for military applications and is intended to lead to a production-ready solution. This new award expands Vuzix' relationship with the customer, now funding two active programs, and highlights continued demand for the company's waveguide and display technologies in next-generation defense systems. Vuzix holds more than 500 patents and patents pending and has won over 20 Consumer Electronics Show awards for innovation since 2005. The company has offices in Rochester, NY; and Kyoto and Okayama, Japan.