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Side-by-side financial comparison of MICROVISION, INC. (MVIS) and VICOR CORP (VICR). Click either name above to swap in a different company.
VICOR CORP is the larger business by last-quarter revenue ($113.0M vs $223.0K, roughly 506.6× MICROVISION, INC.). VICOR CORP runs the higher net margin — 18.3% vs -16930.9%, a 16949.2% gap on every dollar of revenue. On growth, VICOR CORP posted the faster year-over-year revenue change (20.2% vs -86.5%). Over the past eight quarters, VICOR CORP's revenue compounded faster (14.7% CAGR vs -51.7%).
MicroVision Inc. is a technology company specializing in advanced LiDAR sensors, miniature display solutions, and perception software. Its core products serve automotive ADAS, augmented reality devices, consumer electronics, and industrial automation markets, delivering high-precision, low-power sensing technologies for next-generation smart applications.
Vicor Corporation is a manufacturer of power modules headquartered in Andover, Massachusetts.
MVIS vs VICR — Head-to-Head
Income Statement — Q4 2025 vs Q1 2026
| Metric | | |
|---|---|---|
| Revenue | $223.0K | $113.0M |
| Net Profit | $-37.8M | $20.7M |
| Gross Margin | -7220.6% | — |
| Operating Margin | -18570.0% | — |
| Net Margin | -16930.9% | 18.3% |
| Revenue YoY | -86.5% | 20.2% |
| Net Profit YoY | -21.2% | 713.9% |
| EPS (diluted) | $-0.12 | $0.44 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $113.0M | ||
| Q4 25 | $223.0K | $107.3M | ||
| Q3 25 | $241.0K | $110.4M | ||
| Q2 25 | $155.0K | $96.0M | ||
| Q1 25 | $589.0K | $94.0M | ||
| Q4 24 | $1.6M | $96.2M | ||
| Q3 24 | $190.0K | $93.2M | ||
| Q2 24 | $1.9M | $85.9M |
| Q1 26 | — | $20.7M | ||
| Q4 25 | $-37.8M | $46.5M | ||
| Q3 25 | $-14.2M | $28.3M | ||
| Q2 25 | $-14.2M | $41.2M | ||
| Q1 25 | $-28.8M | $2.5M | ||
| Q4 24 | $-31.2M | $10.2M | ||
| Q3 24 | $-15.5M | $11.6M | ||
| Q2 24 | $-23.9M | $-1.2M |
| Q1 26 | — | — | ||
| Q4 25 | -7220.6% | 55.4% | ||
| Q3 25 | -297.1% | 57.5% | ||
| Q2 25 | -361.9% | 95.9% | ||
| Q1 25 | 6.6% | 47.2% | ||
| Q4 24 | -149.5% | 52.4% | ||
| Q3 24 | -206.8% | 49.1% | ||
| Q2 24 | 18.2% | 49.8% |
| Q1 26 | — | — | ||
| Q4 25 | -18570.0% | 14.6% | ||
| Q3 25 | -5278.4% | 18.9% | ||
| Q2 25 | -9455.5% | 47.3% | ||
| Q1 25 | -2383.7% | -0.2% | ||
| Q4 24 | -1119.5% | 9.6% | ||
| Q3 24 | -8266.3% | 5.8% | ||
| Q2 24 | -1296.4% | 0.2% |
| Q1 26 | — | 18.3% | ||
| Q4 25 | -16930.9% | 43.4% | ||
| Q3 25 | -5899.2% | 25.6% | ||
| Q2 25 | -9180.0% | 42.9% | ||
| Q1 25 | -4886.1% | 2.7% | ||
| Q4 24 | -1888.2% | 10.7% | ||
| Q3 24 | -8166.8% | 12.4% | ||
| Q2 24 | -1259.5% | -1.4% |
| Q1 26 | — | $0.44 | ||
| Q4 25 | $-0.12 | $1.01 | ||
| Q3 25 | $-0.05 | $0.63 | ||
| Q2 25 | $-0.06 | $0.91 | ||
| Q1 25 | $-0.12 | $0.06 | ||
| Q4 24 | $-0.15 | $0.24 | ||
| Q3 24 | $-0.07 | $0.26 | ||
| Q2 24 | $-0.11 | $-0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $74.9M | $404.2M |
| Total DebtLower is stronger | $19.2M | — |
| Stockholders' EquityBook value | $55.5M | $754.1M |
| Total Assets | $103.1M | $804.9M |
| Debt / EquityLower = less leverage | 0.35× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $404.2M | ||
| Q4 25 | $74.9M | $402.8M | ||
| Q3 25 | $99.5M | $362.4M | ||
| Q2 25 | $91.4M | $338.5M | ||
| Q1 25 | $69.0M | $296.1M | ||
| Q4 24 | $74.7M | $277.3M | ||
| Q3 24 | $43.2M | $267.6M | ||
| Q2 24 | $56.6M | $251.9M |
| Q1 26 | — | — | ||
| Q4 25 | $19.2M | — | ||
| Q3 25 | $29.0M | — | ||
| Q2 25 | $32.3M | — | ||
| Q1 25 | $30.1M | — | ||
| Q4 24 | $33.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $754.1M | ||
| Q4 25 | $55.5M | $711.6M | ||
| Q3 25 | $90.7M | $630.1M | ||
| Q2 25 | $77.1M | $608.6M | ||
| Q1 25 | $53.2M | $580.3M | ||
| Q4 24 | $48.8M | $570.1M | ||
| Q3 24 | $65.9M | $554.6M | ||
| Q2 24 | $78.7M | $537.2M |
| Q1 26 | — | $804.9M | ||
| Q4 25 | $103.1M | $785.8M | ||
| Q3 25 | $150.8M | $710.2M | ||
| Q2 25 | $140.6M | $693.5M | ||
| Q1 25 | $116.7M | $665.0M | ||
| Q4 24 | $121.2M | $641.1M | ||
| Q3 24 | $88.3M | $632.8M | ||
| Q2 24 | $103.4M | $613.2M |
| Q1 26 | — | — | ||
| Q4 25 | 0.35× | — | ||
| Q3 25 | 0.32× | — | ||
| Q2 25 | 0.42× | — | ||
| Q1 25 | 0.57× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-15.4M | — |
| Free Cash FlowOCF − Capex | $-15.6M | — |
| FCF MarginFCF / Revenue | -7017.5% | — |
| Capex IntensityCapex / Revenue | 109.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-59.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-15.4M | $15.7M | ||
| Q3 25 | $-16.5M | $38.5M | ||
| Q2 25 | $-12.7M | $65.2M | ||
| Q1 25 | $-14.1M | $20.1M | ||
| Q4 24 | $-15.1M | $10.1M | ||
| Q3 24 | $-14.1M | $22.6M | ||
| Q2 24 | $-18.6M | $15.6M |
| Q1 26 | — | — | ||
| Q4 25 | $-15.6M | $10.2M | ||
| Q3 25 | $-16.6M | $34.5M | ||
| Q2 25 | $-12.9M | $59.0M | ||
| Q1 25 | $-14.2M | $15.6M | ||
| Q4 24 | $-15.2M | $8.4M | ||
| Q3 24 | $-14.1M | $14.1M | ||
| Q2 24 | $-18.8M | $9.4M |
| Q1 26 | — | — | ||
| Q4 25 | -7017.5% | 9.5% | ||
| Q3 25 | -6894.6% | 31.2% | ||
| Q2 25 | -8346.5% | 61.5% | ||
| Q1 25 | -2410.4% | 16.6% | ||
| Q4 24 | -918.7% | 8.7% | ||
| Q3 24 | -7421.1% | 15.2% | ||
| Q2 24 | -989.5% | 11.0% |
| Q1 26 | — | — | ||
| Q4 25 | 109.4% | 5.2% | ||
| Q3 25 | 53.1% | 3.6% | ||
| Q2 25 | 134.2% | 6.5% | ||
| Q1 25 | 16.8% | 4.8% | ||
| Q4 24 | 6.2% | 1.8% | ||
| Q3 24 | 4.7% | 9.1% | ||
| Q2 24 | 8.7% | 7.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.34× | ||
| Q3 25 | — | 1.36× | ||
| Q2 25 | — | 1.58× | ||
| Q1 25 | — | 7.93× | ||
| Q4 24 | — | 0.99× | ||
| Q3 24 | — | 1.95× | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MVIS
Segment breakdown not available.
VICR
| Product revenue | $98.0M | 87% |
| Royalty revenue | $15.0M | 13% |
