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Vuzix (VUZI) Revenue & Revenue Breakdown

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Vuzix Revenue Highlights

Latest Revenue (Y)

$12.13M

Latest Revenue (Q)

$1.39M

Main Segment (Y)

Smart Glasses Sales

Vuzix Revenue by Period

Vuzix Revenue by Year

DateRevenueChange
2023-12-31-2.48%
2022-12-31--10.09%
2021-12-31-13.67%
2020-12-31-73.63%
2019-12-31--17.59%
2018-12-31-46.17%
2017-12-31-160.31%
2016-12-31--22.64%
2015-12-31--9.30%
2014-12-31-26.92%
2013-12-31--25.99%
2012-12-31--75.27%
2011-12-31-6.52%
2010-12-31-3.11%
2009-12-31--4.83%
2008-12-31-23.05%
2007-12-31-6.39%
2006-12-31--

Vuzix generated $12.13M in revenue during NA 2023, up 2.48% compared to the previous quarter, and up 149.85% compared to the same period a year ago.

Vuzix Revenue by Quarter

DateRevenueChange
2024-09-30-26.83%
2024-06-30--45.48%
2024-03-31-87.82%
2023-12-31--51.06%
2023-09-30--53.53%
2023-06-30-11.92%
2023-03-31-44.63%
2022-12-31--15.44%
2022-09-30-13.94%
2022-06-30-20.16%
2022-03-31--24.47%
2021-12-31-9.77%
2021-09-30-3.51%
2021-06-30--25.50%
2021-03-31--7.53%
2020-12-31-52.37%
2020-09-30--8.50%
2020-06-30-98.26%
2020-03-31--21.55%
2019-12-31-68.48%
2019-09-30--46.98%
2019-06-30-59.16%
2019-03-31--30.62%
2018-12-31-2.92%
2018-09-30--27.35%
2018-06-30-71.49%
2018-03-31--3.31%
2017-12-31-13.64%
2017-09-30-6.02%
2017-06-30-9.47%
2017-03-31-95.23%
2016-12-31-6.45%
2016-09-30-3.86%
2016-06-30-54.16%
2016-03-31--32.95%
2015-12-31--44.08%
2015-09-30-126.82%
2015-06-30--47.13%
2015-03-31--4.33%
2014-12-31-27.27%
2014-09-30--8.11%
2014-06-30--9.41%
2014-03-31-30.70%
2013-12-31-80.29%
2013-09-30--51.61%
2013-06-30--5.27%
2013-03-31-3.96%
2012-12-31--6.01%
2012-09-30--27.05%
2012-06-30--63.63%
2012-03-31--25.15%
2011-12-31-33.97%
2011-09-30-22.10%
2011-06-30--42.83%
2011-03-31--26.64%
2010-12-31-103.70%
2010-09-30-42.31%
2010-06-30--7.11%
2010-03-31--48.00%
2009-12-31-39.71%
2009-09-30-37.54%
2009-06-30--31.66%
2009-03-31--42.91%
2008-12-31-121.34%
2008-09-30--

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/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Smart Glasses Sales-----
Engineering Services-----
Smart Glasses And I Wear Video Headphones Sales-----
Oem Product Sales-----
Waveguide And Display Engine Sales-----

Vuzix's latest annual revenue breakdown by segment (product or service), as of Dec 23: Smart Glasses Sales (88.71%), and Engineering Services (11.29%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Sales of Products--------------------
Engineering Services--------------------
Smart Glasses Sales--------------------
Smart Glasses And I Wear Video Headphones Sales--------------------
Waveguide And Display Engine Sales--------------------
Oem Product Sales--------------------

Vuzix's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Sales of Products (71.32%), and Engineering Services (28.68%).

Vuzix Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
LPLLG Display--
SONYSony Group--
AAPLApple--
VZIOVIZIO--
SONOSonos--
GPROGoPro--
VOXXVOXX--
UEICUniversal Electronics--
HEARTurtle Beach--
MICSSinging Machine Company--
VUZIVuzix--
KOSSKoss--

VUZI Revenue FAQ

What is Vuzix’s yearly revenue?

Vuzix's yearly revenue for 2023 was $12.13M, representing an increase of 2.48% compared to 2022. The company's yearly revenue for 2022 was $11.84M, representing a decrease of -10.09% compared to 2021. VUZI's yearly revenue for 2021 was $13.16M, representing an increase of 13.67% compared to 2020.

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 (2021-2023) was -7.87%, and for the last 5 years (2019-2023) was 81.83%.

What are Vuzix’s revenue streams?

Vuzix's revenue streams in c 23 are Smart Glasses Sales, and Engineering Services. Smart Glasses Sales generated $10.76M in revenue, accounting 88.71% of the company's total revenue, up 2.42% year-over-year. Engineering Services generated $1.37M in revenue, accounting 11.29% of the company's total revenue, up 2.91% year-over-year.

What is Vuzix’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Vuzix was Smart Glasses Sales. This segment made a revenue of $10.76M, representing 88.71% of the company's total revenue.