Microvision (MVIS) Research & Development (2009 - 2026)
Microvision's Research & Development came in at $13.18 million for Q3 2026, up 65.2% from $7.98 million a year earlier but down 16.1% from the prior quarter.
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Analysis
Microvision (MVIS) Research & Development (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Microvision reported Research & Development of $52.01 million, up 63.5% year-over-year; for FY2025, it came in at $31.72 million, down 35.3% from FY2024.
- Research & Development carries a five-year compound annual growth rate of 26.4% (FY2020 to FY2025).
- Going back by year, Research & Development was $49.02 million in FY2024 (-13.6%), $56.71 million in FY2023 (+86.5%), $30.41 million in FY2022 (+26.1%) and $24.11 million in FY2021 (+145.0%).
- The five-year range for quarterly Research & Development is $6.48 million (Q4 2021) to $17.31 million (Q1 2024).
- Year-over-year, Research & Development has increased for three consecutive quarters, with growth averaging 14.1% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q4 2021 (growth of 151.4%), and the weakest in Q1 2025 (a decline of 57.2%).
- Business Quant data shows MVIS's Research & Development at $15.7 million (Q2 2026), $14.45 million (Q1 2026) and $8.68 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | 11.73 Bn |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | 2.42 Bn |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | 486.90 Mn |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 1.11 Bn |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | - |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | 384.00 Mn |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 200.00 Mn |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 283.00 Mn |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 1.16 Bn |
| 10 | Microvision | 34.05 Mn | -143.01 Mn | 1.20 Mn | 13.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.18 Mn |
| Jun 30, 2026 | 15.70 Mn |
| Mar 31, 2026 | 14.45 Mn |
| Dec 31, 2025 | 8.68 Mn |
| Sep 30, 2025 | 7.98 Mn |
| Jun 30, 2025 | 7.66 Mn |
| Mar 31, 2025 | 7.40 Mn |
| Dec 31, 2024 | 8.76 Mn |
| Sep 30, 2024 | 8.74 Mn |
| Jun 30, 2024 | 14.20 Mn |
| Mar 31, 2024 | 17.31 Mn |
| Dec 31, 2023 | 14.58 Mn |
| Sep 30, 2023 | 15.58 Mn |
| Jun 30, 2023 | 13.85 Mn |
| Mar 31, 2023 | 12.69 Mn |
| Dec 31, 2022 | 7.59 Mn |
| Sep 30, 2022 | 7.54 Mn |
| Jun 30, 2022 | 7.70 Mn |
| Mar 31, 2022 | 7.59 Mn |
| Dec 31, 2021 | 6.48 Mn |
API Access
Microvision Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=MVIS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "MVIS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=MVIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();