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Vuzix revenue
Vuzix's revenue is $12.1 million.
What is Vuzix's revenue?
- Vuzix's revenue growth from 2007 to 2023 is 19.54%.
- Vuzix has 90 employees, and the revenue per employee ratio is $134,768.
- Vuzix's peak quarterly revenue was $5.6M in 2010(q4).
- Vuzix peak revenue was $13.2M in 2021.
- Vuzix annual revenue for 2022 was 11.8M, -10.1% growth from 2021.
- Vuzix annual revenue for 2023 was 12.1M, 2.48% growth from 2022.
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Vuzix historical revenue
Vuzix's peak revenue was $13.2M in 2021. The peak quarterly revenue was $5.6M in 2010(q4).
Vuzix's revenue increased from $10.1m in 2007 to $12.1M currently. That's a 19.54% change in annual revenue.
Vuzix annual revenue
Vuzix annual revenue over time
| Fiscal year / year | Vuzix revenue |
|---|---|
| 2009 | $11.9M |
| 2010 | $12.3M |
| 2011 | $13.0M |
| 2012 | $3.2M |
| 2013 | $2.4M |
| 2014 | $3.0M |
| 2015 | $2.7M |
| 2016 | $2.1M |
| 2017 | $5.5M |
| 2018 | $8.1M |
| 2019 | $6.7M |
| 2020 | $11.6M |
| 2021 | $13.2M |
| 2022 | $11.8M |
| 2023 | $12.1M |
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Vuzix annual growth
Vuzix saw the greatest revenue growth in 2017, when revenue increased by 160.31%.
Vuzix had the lowest revenue growth in 2011, when revenue changed by -60.62%.
Vuzix annual growth rate over time
| Year | Vuzix growth |
|---|---|
| 2009 | -5%↓ |
| 2010 | 3%↑ |
| 2011 | 6%↑ |
| 2012 | -75%↓ |
| 2013 | -26%↓ |
| 2014 | 27%↑ |
| 2015 | -9%↓ |
| 2016 | -23%↓ |
| 2017 | 160%↑ |
| 2018 | 46%↑ |
| 2019 | -18%↓ |
| 2020 | 74%↑ |
| 2021 | 14%↑ |
| 2022 | -10%↓ |
| 2023 | 2%↑ |
Vuzix quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Vuzix quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2009 | - | - | - | $4.0M |
| 2010 | $2.1M | $1.9M | $2.7M | $5.6M |
| 2011 | $4.1M | $2.3M | $1.2M | $1.9M |
| 2012 | $2.9M | $650,686 | $756,495 | $711,006 |
| 2013 | $739,184 | $700,195 | $338,816 | $610,858 |
| 2014 | $798,418 | $723,258 | $664,586 | $845,814 |
| 2015 | $809,155 | $427,812 | $970,379 | $542,638 |
| 2016 | $363,839 | $560,877 | $582,549 | $620,112 |
| 2017 | $1.2M | $1.3M | $1.4M | $1.6M |
| 2018 | $1.5M | $2.6M | $1.9M | $2.0M |
| 2019 | $1.4M | $2.2M | $1.2M | $2.0M |
| 2020 | $1.5M | $3.0M | $2.8M | $4.2M |
| 2021 | $3.9M | $2.9M | $3.0M | $3.3M |
| 2022 | $2.5M | $3.0M | $3.4M | $2.9M |
| 2023 | $4.2M | $4.7M | $2.2M | $1.1M |
| 2024 | $2.0M | $1.1M | - | - |
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Vuzix financial information
| CEO | Paul J. Travers |
| Industry | Consumer Durables & Apparel |
| Company Type | Public |
| Employees Number | 90 |
| Date Founded | 1997 |
| Headquarters | Rochester, New York |
| Number of Locations | 2 |
| Revenue | $12.1M |
| Net Income | -$40,763,573 |
| Gross Proft | ($2.6M) (2023) |
| EBITDA | $1.3M (2012) |
| PE Ratio | -2.02 |
| Tax Rate | -0.0% |
| Market Capitalization | $101.5M |
| Total Assets | $132,312,550 |
| Ticker | VUZI |
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Vuzix financing
Vuzix received early financing of $800.0K on 2013-03-25.
| Series | Round size | Date |
|---|---|---|
| Post Ipo Debt | $800K | 03/2013 |
| Debt Financing | $200K | 07/2013 |
| Debt Financing | $3M | 06/2014 |
| Post Ipo Equity | $24.8M | 01/2015 |
| Post Ipo Equity | $6.6M | 07/2016 |
| Post Ipo Equity | $12.5M | 12/2017 |
| Post Ipo Equity | $15.5M | 09/2020 |
| Post Ipo Equity | $97.8M | 04/2021 |
Vuzix investors
| Investors | Security type |
|---|---|
| Intel Capital | Post Ipo Equity |
Vuzix competitors
Vuzix's top competitor, IBM, earned an annual revenue of $62.8B.
Vuzix's smallest competitor is Latex Foam International with revenue of $1.4M last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Skyworks Solutions | $100,511 | $4.2B | 11,300 | 152 |
| STMicroelectronics | $110,014 | $16.1B | 46,000 | 7 |
| Intel | $94,208 | $53.1B | 121,100 | 367 |
| Xilinx | $122,133 | $3.1B | 4,891 | - |
| IBM | $86,845 | $62.8B | 270,000 | 3,674 |
| Texas Instruments | $100,326 | $15.6B | 29,888 | 403 |
| Microchip Technology | $74,596 | $7.6B | 19,500 | 127 |
| Librato, Inc. | $90,796 | $13.0B | 63,800 | - |
| Cypress | $50,948 | $2.2B | 5,871 | 67 |
| Conexant | $106,557 | $112.0M | 312 | - |
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Zippia gives an in-depth look into the details of Vuzix, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Vuzix. The employee data is based on information from people who have self-reported their past or current employments at Vuzix. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Vuzix. The data presented on this page does not represent the view of Vuzix and its employees or that of Zippia.
Vuzix may also be known as or be related to VUZIX CORP, Vuzix, Vuzix Corp, Vuzix Corp. and Vuzix Corporation.