<div><div></div><div><span><p><span>MICROVISION, INC. reported results for the first quarter of 2026, posting revenue of $935K, an improved net loss of $25.3M versus a $28.8M loss a year earlier, and diluted loss per share of $(0.08) compared with $(0.12) in the year-ago quarter.</span></p><p><strong><span>Financial Highlights</span></strong></p><ul><li><span>Revenue was $935K for Q1 2026, compared with $589K in the prior-year quarter; YoY change 58.7%.</span></li><li><span>Net income was a net loss of $25.3M for Q1 2026, compared with a net loss of $28.8M in the prior-year quarter.</span></li><li><span>Diluted EPS was $(0.08) for Q1 2026, compared with $(0.12) in the prior-year quarter.</span></li></ul><p><strong><span>Business Highlights</span></strong></p><ul><li><span>Quarterly revenue rose 58.7% year over year, driven by shipments of long-range IRIS and short-range MOVIA L sensors.</span></li><li><span>Shipments increased to automotive, industrial, and security &amp; defense customers, expanding end-market penetration.</span></li><li><span>Acquisition of Luminar lidar assets and integration of those products broadened the company’s lidar portfolio and market position.</span></li><li><span>R&amp;D spending nearly doubled year over year to support product development, headcount growth, and integration of acquisitions.</span></li><li><span>Management stated cash and ATM availability support at least 12 months of operations, enabling continued commercialization efforts.</span></li></ul><p><span>Original SEC Filing: </span>MICROVISION, INC. [ MVIS ] - 10-Q - May. 15, 2026</p><section><b><span class="heading-JaE7wgR2">Disclaimer</span></b><div><span>This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.</span></div></section></span></div></div>

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<p>Microvision, Inc. reported Q1 2026 revenue of $935K, a 58.7% increase from the previous year, with a reduced net loss of $25.3M compared to $28.8M a year earlier. Diluted EPS improved to $(0.08) from $(0.12). The growth was driven by increased shipments of IRIS and MOVIA L sensors, and R&D spending nearly doubled to support product development and acquisitions.</p>

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MICROVISION, INC. 1Q 2026: Revenue $935K, EPS $(0.08) — 10-Q Summary