MicroVision reported third-quarter 2026 revenue of $2.4 million, a significant increase from $0.2 million in the prior-year period, driven by record lidar sales and accelerated shipping schedules. The company achieved a 50% gross margin and a net loss of $12.2 million, or $0.45 per share, compared to a $14.2 million loss previously. Operating expenses rose to $22.5 million due to the acquisition of Luminar, though Q3 expenses were down approximately 7.5% from the first-half quarterly average. Management reiterated its full-year 2026 revenue guidance of $10 million to $15 million and outlined a path to reduce cash burn to $40 million in 2027. MicroVision develops lidar-based perception solutions for industrial, security, defense, and automotive markets.
