Vuzix Corp
NASDAQ:VUZI
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Vuzix Corp
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Vuzix Corp
Vuzix Corp. is a supplier of Smart-Glasses and Augmented Reality technologies and products for the consumer and enterprise markets. The company is headquartered in West Henrietta, New York and currently employs 106 full-time employees. The company went IPO on 2009-12-23. The firm offers its products in the form of smart glasses and augmented reality (AR) glasses. Its devices include cameras, sensors, and a computer that enable the user to view, record and interact with video and digital content, such as computer data, the Internet, social media or entertainment applications. Its wearable display products integrate micro-display technology with optics to produce compact high-resolution display engines. The Company’s products include M400 and M4000 Smart Glasses, Vuzix Blade Smart Glasses, Vuzix Shield Smart Glasses and Labs Smart Swim. Its M400 and M4000 Smart Glasses are monocular smart glasses, which include Android based speech control, camera, sensors and wireless connectivity capabilities. The company is focused on serving the medical, defense, industrial, commercial, security and first responder markets.
Vuzix Corp. is a supplier of Smart-Glasses and Augmented Reality technologies and products for the consumer and enterprise markets. The company is headquartered in West Henrietta, New York and currently employs 106 full-time employees. The company went IPO on 2009-12-23. The firm offers its products in the form of smart glasses and augmented reality (AR) glasses. Its devices include cameras, sensors, and a computer that enable the user to view, record and interact with video and digital content, such as computer data, the Internet, social media or entertainment applications. Its wearable display products integrate micro-display technology with optics to produce compact high-resolution display engines. The Company’s products include M400 and M4000 Smart Glasses, Vuzix Blade Smart Glasses, Vuzix Shield Smart Glasses and Labs Smart Swim. Its M400 and M4000 Smart Glasses are monocular smart glasses, which include Android based speech control, camera, sensors and wireless connectivity capabilities. The company is focused on serving the medical, defense, industrial, commercial, security and first responder markets.
Revenue: Q4 revenue was $2.2 million, up 76% year-over-year; full-year 2025 revenue was $6.3 million, up 9% versus 2024.
Strategy: Management is shifting focus from broad branded products to engineered OEM solutions and scalable waveguide manufacturing as the primary growth engines.
Customer wins: Multiple OEM programs cited — examples include a leading automaker, expanded Amazon programs, and production orders from Collins Aerospace.
Waveguides & partner validation: Quanta invested a total of $20 million, seen as validation of Vuzix's waveguide manufacturing roadmap and scale ambitions.
Profitability & cash: Full-year net loss narrowed to $32.3 million ($0.42/sh) from $73.5 million; cash improved to $21.2 million and management raised $24.4 million in 2025 with an additional $6 million raised so far in 2026.
Spending mix: R&D rose to $12.6 million as the company invested in LX1 and waveguides, while sales & marketing and G&A declined materially through cost controls.
Outlook tone: Management expects OEM and waveguide revenue to grow quarter-over-quarter in 2026, potentially surpassing branded enterprise revenue within the year, but cautioned results will be bumpy and timing uncertain.
