Company / R&D Expense
MICROVISION, INC. R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$31.7M
FY2025
5-year range
$18.7M / $56.7M
FY2021-FY2025
Trend
-35.3%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 10 years, ranging from $10M in FY2020 to $57M in FY2023.
Based on SEC 10-K filings.
$32M in FY2025 with a 5-year CAGR of +26.4%.
Declined from $57M to $32M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +1.4%
- 5-Year CAGR
- +26.4%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +26.4%, indicating consistent growth.
- In FY2025, r&d expense decreased 35.3% year-over-year.
- Peak r&d expense was recorded in FY2023.
- Lowest r&d expense in the period was in FY2020.
Company context
Key Data Points
- Altman Z-Score -9.50 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $31.7M | -35.3% |
| FY2024 | $49.0M | -13.6% |
| FY2023 | $56.7M | +86.5% |
| FY2022 | $30.4M | +63.0% |
| FY2021 | $18.7M | +89.6% |
| FY2020 | $9.8M | -47.3% |
| FY2019 | $18.7M | +23.6% |
| FY2018 | $15.1M | +0.0% |
| FY2017 | $15.1M | +24.4% |
| FY2016 | $12.1M | +39.8% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026