MicroVision Reports Q3 2025 Financial Results

MicroVision, Inc. (NASDAQ:MVIS), a leader in perception solutions for autonomy and mobility, shared its Q3 2025 financial results. Revenue remained at $0.2 million, consistent with Q3 2024. Operating expenses totaled $12 million, decreasing compared to $15.3 million the previous year. The net loss was $14.2 million, an improvement from last year's $15.5 million. Adjusted EBITDA was a loss of $11.7 million, unchanged year-over-year. Cash operations used $16.5 million, slightly higher than $14.1 million last year. The company held $99.5 million in cash and equivalents by end-September, an increase from December's $74.7 million.

Operationally, Glen DeVos was appointed CEO, bolstering automotive capabilities. The new solid-state lidar sensor, MOVIA S, was unveiled, providing a cost-efficient solution for various sectors. The introduction of the Tri-Lidar Architecture challenged industry norms. Furthermore, an acquisition agreement was finalized with Scantinel Photonics to advance lidar-on-chip solutions.