Vuzix CorpVUZI

NasdaqTechnologyRadio & Tv Broadcasting & Communications Equipment
Price (close)
$2.74
Market cap
$231.3M
P/E
—
Revenue (TTM)
$5.9M
Net income
-$30.7M
Dividend yield
—
1-year total return
-6.2%
Net margin
-519.0%
Revenue growth
6.8%
Debt / equity
—

What Vuzix Corp does.

Incorporated in Delaware in 1997, Vuzix Corporation (“Vuzix” or the “Company”) designs, manufactures, and markets AI-enabled smart glasses, waveguides, and augmented reality (“AR”) display technologies. Our products and solutions support enterprise, medical, defense and security, and select consumer applications, with a focus on hands-free computing and near-eye visualization.

Our product offerings include near-eye displays, heads-up displays (“HUDs”), and wearable computing devices that provide a portable viewing experience. These smart display systems—worn like eyeglasses or attached to a head-mounted frame—may incorporate cameras, sensors, and onboard processing to enable users to view, capture, and interact with digital content, including internet-based applications, cloud-based AI assistants, and real-time AR overlays. We also offer proprietary waveguide optics and display engines designed for integration into both Vuzix-branded smart glasses and third-party original design manufacturer (“ODM”) and original equipment manufacturer (“OEM”) devices.

Historically, many virtual reality (“VR”) and AR wearable displays have been larger, goggle-style headsets. Vuzix has developed thin, see-through waveguides that integrate miniature display engines into eyewear-style form factors, reducing system size and weight relative to headset designs. Certain Vuzix smart glasses are designed for extended wear and operate without external cabling or tethering to a separate computing device or battery pack.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$11.6M$13.2M$11.8M$12.1M$5.8M$6.3M
Net income-$18.0M-$40.4M-$40.8M-$50.1M-$73.5M-$32.3M
Free cash flow-$14.5M-$30.8M-$26.2M-$31.6M-$25.1M-$20.8M

More on VUZI.

Figures from Vuzix Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.