Vuzix Q2 2026 sales fall 14% to $1.1 million; net loss $7.7 million
Vuzix reported second-quarter 2026 results for the three months ended June 30, 2026, in a press release dated August 13, 2026. Total sales fell 14% to $1.1 million from $1.3 million, while the net loss was $7.7 million, or $0.09 per share, compared with $0.10 per share a year earlier. The company had $17.3 million in cash and no debt at June 30, 2026, but operating cash use rose to $6.6 million from $4.8 million.
Key points
- Total sales were $1.1 million versus $1.3 million, a 14% decline; product sales fell 15% to $0.9 million.
- Net loss was $7.7 million, or $0.09 per share, compared with a loss of $7.7 million, or $0.10 per share, in the second quarter of 2025.
- Research and development expense rose 20% to $3.1 million, while the gross loss narrowed to $0.6 million from $0.8 million.
- Net cash used in operating activities was $6.6 million, up from $4.8 million; cash totaled $17.3 million with no current or long-term debt.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 17, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.