Vuzix CorpVUZI
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 year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 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.
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Figures from Vuzix Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.