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Sep 30
Vuzix Q3 2025 Earnings Report
Vuzix reported a narrower net loss and reduced operating expenses during Q3 2025 despite a decline in revenue.
Key Takeaways
Vuzix experienced a 16% drop in revenue for Q3 2025, mainly due to decreased sales in smart glasses and engineering services. However, operating expenses were cut by 22%, narrowing the net loss compared to the previous year.
Revenue declined 16% year-over-year to $1.2 million due to lower sales of smart glasses and engineering services.
Net loss improved to $7.4 million from $9.2 million in the prior year period.
Operating expenses fell by 22%, highlighting improved cost control.
Vuzix received new purchase orders from a global online retailer and a U.S. defense contractor, indicating future revenue opportunities.
Vuzix
Vuzix
Vuzix Revenue by Segment
Revenue by Segment
Smart Glasses Revenue
CapyFin.comEngineering Services Revenue
CapyFin.com Forward Guidance
Vuzix expects strong sequential and year-over-year revenue growth in Q4 2025, supported by a large smart glasses backlog and OEM program progress.
Positive Outlook
- Robust growth expected in Q4 across product and engineering revenues
- Strong OEM pipeline with multiple in-flight programs
- Quanta partnership continues to scale and support smart glasses development
- Improved cost control and operational discipline
- CES 2026 planned showcase to highlight new OEM co-developed products
Challenges Ahead
- Decline in Q3 revenue due to lower product and service sales
- Gross loss sustained from under-absorption of fixed manufacturing costs
- R&D expenses increased 26% year-over-year
- Smart glasses revenue saw a 9% decline
- Engineering services revenue dropped 33% from prior year
Revenue & Expenses
Visualization of income flow from segment revenue to net income