2.14
+12.63%
Close of 9 Nov 2026, in USD
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About Vuzix
From its filings with the US Securities and Exchange Commission
Vuzix is based in West Henrietta, New York and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker VUZI. The SEC classifies its business as radio & tv broadcasting & communications equipment. In the fiscal year to 31 December 2025, it reported revenue of $6.3m and a net loss of $32.3m. At that date it held total assets of $40.1m and shareholders' equity of $24.7m.
Incorporated in Delaware in 1997, Vuzix Corporation (“Vuzix” or the “Company”) designs, manufactures, and markets AI-enabled smart glasses, waveguides, and augmented reality (“AR”) display technologies. Our products and solutions support enterprise, medical, defense and security, and select consumer applications, with a focus on hands-free computing and near-eye visualization.
Our product offerings include near-eye displays, heads-up displays (“HUDs”), and wearable computing devices that provide a portable viewing experience. These smart display systems—worn like eyeglasses or attached to a head-mounted frame—may incorporate cameras, sensors, and onboard processing to enable users to view, capture, and interact with digital content, including internet-based applications, cloud-based AI assistants, and real-time AR overlays. We also offer proprietary waveguide optics and display engines designed for integration into both Vuzix-branded smart glasses and third-party original design manufacturer (“ODM”) and original equipment manufacturer (“OEM”) devices.
Historically, many virtual reality (“VR”) and AR wearable displays have been larger, goggle-style headsets. Vuzix has developed thin, see-through waveguides that integrate miniature display engines into eyewear-style form factors, reducing system size and weight relative to headset designs. Certain Vuzix smart glasses are designed for extended wear and operate without external cabling or tethering to a separate computing device or battery pack.
Quoted from its 10-K, filed 12 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Discretionary
- Industry
- Household Durables
- Listed since
- 23 Dec 2009
- Employees
- 88
- Website
- vuzix.com ↗
- Head office
- 25 HENDRIX ROAD, WEST HENRIETTA, NY, 14586
- Incorporated in
- DE
- Classification
- Radio & Tv Broadcasting & Communications Equipment
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Paul TraversPresident, Chief Executive Officer, Co-Founder, Director, since 1997$1.0m
- Mr. Grant RussellCo-Founder, Chief Financial Officer, Executive Vice President, Director, since 2000$732,732
- Mr. Peter JamesonChief Operating Officer$693,519
- Mr. Alasdair MackinnonDirector
- Mr. Timothy HarnedIndependent Director$210,000
- Ms. Paula Whitten-doolinIndependent Director$193,200
- Mr. Ed McGregorDirector of Investor Relations, since 2024
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 28
- Environment
- 10
- Social
- 21
- Governance
- 54
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Vuzix Corp has several strengths that contribute to its success in the market. Firstly, the company specializes in the design, manufacture, and sale of augmented reality (AR) wearable display and computing devices. This focus enables them to stay at the forefront of AR technology and offer innovative products to their customers.
- Secondly, Vuzix Corp has a strong brand reputation within the industry. Their devices are known for their high-quality, durability, and advanced features. This reputation allows them to attract loyal customers and gain a competitive advantage over their rivals.
- Additionally, the company has established strategic partnerships with key players in the technology sector. Collaborations with companies like Intel and Qualcomm provide Vuzix Corp with access to cutting-edge technology and resources that enhance their product development capabilities.
Weaknesses
- Despite their strengths, Vuzix Corp faces certain weaknesses that could potentially hinder their growth. One significant weakness is the relatively high price point of their AR devices. This limits their market reach and makes their products less accessible to a wider range of consumers.
- The company also has a smaller market share compared to some of its competitors. This can make it more challenging for Vuzix Corp to compete effectively and expand its customer base. They need to continuously invest in marketing and distribution strategies to increase their market presence.
Opportunities
- Vuzix Corp operates in an industry with significant growth potential. The increasing adoption of AR technology in various sectors, such as healthcare, industrial, and entertainment, presents ample opportunities for the company to expand its market share. By capitalizing on these opportunities, Vuzix Corp can drive sales and revenue growth.
- Furthermore, the advancements in AR technology and the emergence of 5G networks provide new possibilities for Vuzix Corp to enhance their product offerings. They can develop more advanced and sophisticated AR devices that cater to the evolving needs and expectations of their target customers.
Threats
- Vuzix Corp faces threats that could potentially impact their business operations. One major threat is the presence of intense competition in the AR wearable market. Competitors, including major tech giants, have the resources and capabilities to develop similar products and create strong market competition.
- Moreover, factors like economic downturns and fluctuations in consumer spending behavior can affect the demand for AR devices. In uncertain economic conditions, customers may prioritize spending on essential items rather than luxury AR wearables, which can reduce Vuzix Corp's sales.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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