Vuzix
Highly Engaged Employees
Highly Engaged EmployeesElectronics · New York, United States · 51-200 Employees
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Overview
Headquarters
25 Hendrix Rd Ste A, West Henrietta, New...Phone Number
(585) 359-5900Website
www.vuzix.comRevenue
$6.3 MillionStock Symbol
VUZIIndustry
ZI Rank: 1
Signal Type
Dec
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ZI Rank
4
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About Vuzix
Vuzix Corporation designs, manufactures, markets, and sells wearable display devices. The company was formerly known as Icuiti Corporation and changed its name to Vuzix Corporation in 2007. Vuzix Corporation was founded in 1997 and is based in West Henrietta, New York.Explore more
Vuzix Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
Company Profile Activity
Activity Insights
Vuzix is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Vuzix is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Vuzix.
Vuzix financials insights
Gather financial insights about Vuzix, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2017
Stock Offering
$8.6M
Share Placement
$12.5M
2018
Share Placement
$30M
2019
Share Placement
$20M
2020
Stock Offering
$11.3M
2021
Stock Offering
$97.8M
2024
Share Placement
$10M
2025
Other Financing Round
$5M
Other Financing Round
$5M
Vuzix Tech Stack
A closer look at the technologies used by Vuzix
Most Recent Scoops
Earnings
Vuzix has reported research and development expenses of $3 million for Q1 2026 ended March 31, 2026, compared to $2.6 million for the same period in 2025, an increase of approximately 16%, driven primarily by a $0.4 million rise in wage costs from headcount increases and a $0.2 million increase in depreciation related to new waveguide manufacturing equipment.
Earnings, Research & Development, Finance
Earnings
Vuzix has reported total revenues of $1.4 million for Q1 2026 ended March 31, 2026, missing the prior year figure of $1.6 million, a decrease of 12% year-over-year, driven primarily by lower M400 product sales; engineering services revenues increased 36% year-over-year to $0.35 million for the same period.
Earnings, Sales, Finance
Earnings
Vuzix has reported general and administrative expenses of $2.1 million for Q1 2026 ended March 31, 2026, compared to $4 million for the same period in 2025, a decrease of approximately 46%, primarily due to a $1.7 million reduction in non-cash stock-based compensation expense related to the termination and cancellation of prior equity incentive plans.
Earnings, Accounting, Financial Reporting, Finance
Project
Vuzix has completed the on-site construction of a new chemistry laboratory during Q1, focused on advancing polymer formulations, advanced imprinting materials, and high-performance waveguide substrates, led by a newly added PhD-level chemistry team.
New Hire, Construction, Laboratory Operations, Chemical Engineering
Earnings
Earnings, Finance, Financing & Debt
Vuzix News & Media
Why Vuzix Stock Sank Today
Sales and earnings beats in Q1 weren't enough to prevent sell-offs for Vuzix stock today.Vuzix Reports First Quarter 2026 Results
ROCHESTER, N.Y., May 14, 2026 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, today reported its first quarter results for the three months ended March 31,...Vuzix Schedules Conference Call to Discuss First Quarter 2026 Financial Results and Business Update
ROCHESTER, N.Y., May 4, 2026 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, waveguides, and augmented reality (AR) technologies, is pleased to announce that the Company will host a conference call regarding...Vuzix Receives Customer-Funded Development Order from Leading Tier-1 Defense Supplier for Next-Generation Waveguide Display Program
Six-figure engineering effort supports a production-targeted military display system ROCHESTER, N.Y., April 28, 2026 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI) ("Vuzix" or the "Company"), a leading supplier of AI-powered smart glasses, waveguides, and Augmented Reality (AR)...
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Frequently Asked Questions Regarding Vuzix
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Vuzix Corporation designs, manufactures, markets, and sells wearable display devices. The company was formerly known as Icuiti Corporation and changed its name to Vuzix Corporation in 2007. Vuzix Corporation was founded in 1997 and is based in West Henrietta, New York.... Read More
