Vuzix (VUZI) Revenue & Revenue Breakdown

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Vuzix Revenue Highlights

Latest Revenue (Y)

$5.75B

Latest Revenue (Q)

$1.39M

Main Segment (Y)

Sales of Products

Vuzix Revenue by Period

Vuzix Revenue by Year

Date	Revenue	Change
2024-12-31	$5.75B	47344.06%
2023-12-31	$12.13M	2.48%
2022-12-31	$11.84M	-10.09%
2021-12-31	$13.16M	13.67%
2020-12-31	$11.58M	73.63%
2019-12-31	$6.67M	-17.59%
2018-12-31	$8.09M	46.17%
2017-12-31	$5.54M	160.31%
2016-12-31	$2.13M	-22.64%
2015-12-31	$2.75M	-9.30%
2014-12-31	$3.03M	26.92%
2013-12-31	$2.39M	-25.99%
2012-12-31	$3.23M	-75.27%
2011-12-31	$13.05M	6.52%
2010-12-31	$12.26M	3.11%
2009-12-31	$11.89M	-4.83%
2008-12-31	$12.49M	23.05%
2007-12-31	$10.15M	6.39%
2006-12-31	$9.54M	-

Vuzix generated $5.75B in revenue during NA 2024, up 47344.06% compared to the previous quarter, and up 86267.39% compared to the same period a year ago.

Vuzix Revenue by Quarter

Date	Revenue	Change
2024-09-30	$1.39M	26.83%
2024-06-30	$1.09M	-45.48%
2024-03-31	$2.00M	87.82%
2023-12-31	$1.07M	-51.06%
2023-09-30	$2.18M	-53.53%
2023-06-30	$4.69M	11.92%
2023-03-31	$4.19M	44.63%
2022-12-31	$2.90M	-15.44%
2022-09-30	$3.43M	13.94%
2022-06-30	$3.01M	20.16%
2022-03-31	$2.50M	-24.47%
2021-12-31	$3.31M	9.77%
2021-09-30	$3.02M	3.51%
2021-06-30	$2.92M	-25.50%
2021-03-31	$3.92M	-7.53%
2020-12-31	$4.23M	52.37%
2020-09-30	$2.78M	-8.50%
2020-06-30	$3.04M	98.26%
2020-03-31	$1.53M	-21.55%
2019-12-31	$1.95M	68.48%
2019-09-30	$1.16M	-46.98%
2019-06-30	$2.19M	59.16%
2019-03-31	$1.37M	-30.62%
2018-12-31	$1.98M	2.92%
2018-09-30	$1.92M	-27.35%
2018-06-30	$2.65M	71.49%
2018-03-31	$1.54M	-3.31%
2017-12-31	$1.60M	13.64%
2017-09-30	$1.41M	6.02%
2017-06-30	$1.33M	9.47%
2017-03-31	$1.21M	95.23%
2016-12-31	$620.11K	6.45%
2016-09-30	$582.55K	3.86%
2016-06-30	$560.88K	54.16%
2016-03-31	$363.84K	-32.95%
2015-12-31	$542.64K	-44.08%
2015-09-30	$970.38K	126.82%
2015-06-30	$427.81K	-47.13%
2015-03-31	$809.15K	-4.33%
2014-12-31	$845.81K	27.27%
2014-09-30	$664.59K	-8.11%
2014-06-30	$723.26K	-9.41%
2014-03-31	$798.42K	30.70%
2013-12-31	$610.86K	80.29%
2013-09-30	$338.82K	-51.61%
2013-06-30	$700.20K	-5.27%
2013-03-31	$739.18K	3.96%
2012-12-31	$711.01K	-6.01%
2012-09-30	$756.50K	-27.05%
2012-06-30	$1.04M	-63.63%
2012-03-31	$2.85M	-25.15%
2011-12-31	$3.81M	33.97%
2011-09-30	$2.84M	22.10%
2011-06-30	$2.33M	-42.83%
2011-03-31	$4.07M	-26.64%
2010-12-31	$5.55M	103.70%
2010-09-30	$2.73M	42.31%
2010-06-30	$1.92M	-7.11%
2010-03-31	$2.06M	-48.00%
2009-12-31	$3.97M	39.71%
2009-09-30	$2.84M	37.54%
2009-06-30	$2.06M	-31.66%
2009-03-31	$3.02M	-42.91%
2008-12-31	$5.29M	121.34%
2008-09-30	$2.39M	-

Vuzix generated $1.39M in revenue during Q3 2024, up 26.83% compared to the previous quarter, and up 29.54% compared to the same period a year ago.

Vuzix Revenue Breakdown

Vuzix Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Sales of Products	$4.49M	-	-	-	-
Engineering Services	$1.27M	$1.37M	$1.33M	$380.33K	$1.50M
Smart Glasses Sales	-	$10.76M	$10.51M	$12.78M	-
Smart Glasses And I Wear Video Headphones Sales	-	-	-	-	$10.08M

Vuzix's latest annual revenue breakdown by segment (product or service), as of Dec 24: Sales of Products (77.98%), and Engineering Services (22.02%).

Quarterly Revenue by Product

Product/Service	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
Engineering Services	$203.87K	$397.39K	$491.31K	$174.79K	$294.96K	$808.16K	$265.67K	$331.97K	$889.28K	$108.87K	$187.22K	-	$82.89K	$110.22K	$545.87K	$92.56K	$701.65K	$160.21K	-	-
Sales of Products	$3.50M	$988.33K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Smart Glasses Sales	-	-	$601.26K	$1.83M	$771.98K	$1.37M	$4.43M	$4.19M	$2.57M	$2.54M	$2.90M	$2.50M	$3.13M	$3.02M	-	-	-	-	-	-
Smart Glasses And I Wear Video Headphones Sales	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.83M	$3.81M	$3.69M	$2.69M	$2.34M	$1.37M

Vuzix's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Sales of Products (94.49%), and Engineering Services (5.51%).

Vuzix Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
LPL	LG Display	$21.33T	$5.25T
SONY	Sony Group	$13.02T	$3.48T
AAPL	Apple	$391.04B	$124.30B
VUZI	Vuzix	$5.75B	$1.39M
SONO	Sonos	$1.52B	$550.86M
GPRO	GoPro	$801.47M	$258.90M
VOXX	VOXX	$468.91M	$105.17M
UEIC	Universal Electronics	$394.88M	$102.07M
HEAR	Turtle Beach	$258.12M	$94.36M
KOSS	Koss	-	$3.20M

VUZI Revenue FAQ

What is Vuzix’s yearly revenue?

Vuzix's yearly revenue for 2024 was $5.75B, representing an increase of 47344.06% compared to 2023. The company's yearly revenue for 2023 was $12.13M, representing an increase of 2.48% compared to 2022. VUZI's yearly revenue for 2022 was $11.84M, representing a decrease of -10.09% compared to 2021.

What is Vuzix’s quarterly revenue?

Vuzix's quarterly revenue for Q3 2024 was $1.39M, a 26.83% increase from the previous quarter (Q2 2024), and a -36.44% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.09M, a -45.48% decrease from the previous quarter (Q1 2024), and a -76.71% decrease year-over-year (Q2 2023). VUZI's quarterly revenue for Q1 2024 was $2M, a 87.82% increase from the previous quarter (Q4 2023), and a -52.19% decrease year-over-year (Q1 2023).

What is Vuzix’s revenue growth rate?

Vuzix's revenue growth rate for the last 3 years (2022-2024) was 48519.09%, and for the last 5 years (2020-2024) was 49585.34%.

What are Vuzix’s revenue streams?

Vuzix's revenue streams in c 24 are Sales of Products, and Engineering Services. Sales of Products generated $4.49M in revenue, accounting 77.98% of the company's total revenue Engineering Services generated $1.27M in revenue, accounting 22.02% of the company's total revenue, down -7.41% year-over-year.

What is Vuzix’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Vuzix was Sales of Products. This segment made a revenue of $4.49M, representing 77.98% of the company's total revenue.