
Overview
Vigo Photonics is a manufacturer of infrared detectors and epitaxial structures, specializing in InAs/InAsSb SL technology for MWIR and LWIR applications. The company provides high-sensitivity detectors for various industries, including chemical, refining, power generation, and automotive, as well as solutions for gas leak detection and security applications. Additionally, they offer high-quality III-V epi-wafers and infrared detection modules.
Financials
The financial statement for 2025 has not yet been filed with the Financial Document Repository (past deadline).
Revenue history
Data and insights are generated automatically based on financial statements and may contain errors. This analysis is for informational purposes only and does not constitute an official assessment of the company's credibility or business advice.
Stock quotes
- Open
- PLN 550.00
- High
- PLN 570.00
- Low
- PLN 544.00
- Volume
- 4.35K
- Avg. vol.
- 2.28K
- Market cap
- PLN 573.43M
- P/E ratio
- —
- EPS
- -PLN 13.95
- Shares outstanding
- 1.01M
- 52-week
- PLN 490.00 – 570.00
- Dividend yield
- —
- Dividend
- —
- Ex dividend date
- —
- ISIN
- PLVIGOS00015
- Exchange
- GPW Main Market
Quarterly results
| Period | Revenue | EBIT | Net profit |
|---|---|---|---|
| Q2 2026 | USD 9.37m | USD 1.18m | USD 815.51k |
| Q1 2026 | USD 5.21m | USD -461.37k | USD -753.65k |
| Q4 2025 | USD 6.87m | USD 197.64k | USD -2.76m |
| Q3 2025 | USD 5.85m | USD -446.01k | USD -357.86k |
Results for Q3 2026:Nov 27, 2026
Statistics
How the company ranks by revenue within its industry, region and across Poland in 2024.
Results vs industry
News

VIGO Photonics Drives Innovation as a Technical Leader in the PhotoGeNic Project
Read more about PhotoGeNIC Project and VIGO Photonics’ contribution to the industry. Discover how our epitaxy team supports global innovations in consumer photonics. Stay updated with VIGO

Analysis of the impact of placing VIGO Photonics on the Chinese dual-use export restriction list
The Management Board of VIGO Photonics S.A., referring to the decision of the Ministry of Commerce of the People's Republic of China of July 24, 2026, as a result of which the Issuer was added to the list of entities subject to a prohibition on the export of dual-use items from China, presents the results of a preliminary analysis regarding the impact of the aforementioned decision on the Company's current operations and growth prospects.

Correction to the PAP Dispatch of July 23, 2026
With reference to the PAP dispatch dated July 23, 2026, regarding the non-qualification of one of VIGO’s projects for NCBR funding, we hereby inform that the dispatch concerns grant application No. FENG.01.01-IP.01-A0WW/25, submitted under call No. FENG.01.01-IP.01-003/24 on March 28, 2025, which was not selected for funding. The project received a very high evaluation score; however, the mandatory criteria were not met. Due to the high score achieved, the company filed an appeal with the NCBR…

Over 16 years of shared partnership: Warsaw Equity Group completes one of the longest-standing deep-tech investments in Poland by finalizing its exit from VIGO Photonics
Warsaw Equity Group (WEG) has announced the sale of its shares in VIGO Photonics S.A. (WSE: VGO). The transaction, covering a block of 124,800 shares, concludes an active support phase spanning nearly two decades, during which the company transformed from a local technology enterprise into a global leader in mid-infrared photonics. The timing of the exit was determined by the company's operational maturity rather than the fund's calendar.

VIGO Photonics at MSPO 2026!
Read more about VIGO Photonics’ presence on the MSPO exhibition. Discover how our technology supports global innovations in defense and security sector. Stay updated with VIGO

VIGO Photonics to raise nearly PLN 63 million from share issuance to launch production of infrared matrices for the defense sector
Successful completion of the issuance of 131,219 new Series G ordinary bearer shares under the prospectus-exempt Public Offering
Industry
Bank accounts
Registered as a VAT taxpayer on 2003-12-31. Active
66 1050 1025 1000 0090 3100 4063
02 1020 1068 0000 1502 0569 5244
26 1020 1068 0000 1202 0559 9511
Debt
No entries in the National Debtors Register (KRZ). No proceedings in KRZ
MSiG notices
| Publication date | Event | |
|---|---|---|
| Jan 31, 2022 | Call to heirs | |
| Apr 5, 2012 | Call to creditors | |
| Jan 16, 2012 | Shareholders' meeting convened | |
| May 20, 2011 | Shareholders' meeting convened | |
| May 28, 2010 | Shareholders' meeting convened |
Public aid
64 public aid cases recorded, with a total value of $146,475,734.
| Grant date | Purpose | Gross amount | Granting body | |
|---|---|---|---|---|
| Jun 29, 2026 | Aid for research and development projects: industrial research | — | Dyrektor Narodowego Centrum Badań i Rozwoju | |
| Jun 29, 2026 | Aid for research and development projects: experimental development | — | Dyrektor Narodowego Centrum Badań i Rozwoju | |
| Dec 12, 2025 | Aid for SME participation in trade fairs | — | Prezes Polskiej Agencji Rozwoju Przedsiębiorczości |
European Funds
30 projects recorded: 3 from FE lists ($110,449,054) and 27 Commission grants (FTS) ($8,916,987).
| Start | Project | EU co-financing | Programme | |
|---|---|---|---|---|
| 2026-07-01 | Detektory i zintegrowane moduły detekcyjne do zastosowań przemysłowych i medycznych przystosowane do montażu powierzchniowego | $3,263,882 | Fundusze Europejskie dla Nowoczesnej Gospodarki | |
| 2025-11-01 | Boosting european advanced missile system technologies (beast) | $1,057,895 | 5.0.211 - European Defence Fund (Research) | |
| 2024-06-01 | 101135787 - Raven - revolutionary accuracy in waveguide- and photoacoustic-enabled atmospheric sensors (raven) | $385,760 | 1.0.11 - Horizon Europe |
Tenders
3 tenders recorded as contractor, with a total value of $94,318.
| Publication date | Subject | Amount | Contracting authority | |
|---|---|---|---|---|
| Jul 11, 2025 | Opracowanie i przeprowadzenie badań zoptymalizowanych modułów detekcyjnych – etap 2 | $46,188 | Wojskowa Akademia Techniczna | |
| Apr 4, 2023 | Dostawa detektorów | $34,366 | Uniwersytet Mikołaja Kopernika w Toruniu | |
| Jan 10, 2022 | Dostawa fotodetektorów średniej podczerwieni w ramach projektu „nlpqt – narodowe laboratorium fotoniki i technologii kwantowych | $13,765 | Politechnika Wrocławska |
Regulatory authorisations
| Authority | Type | Status | |
|---|---|---|---|
| Waste generation | Active |
Authorized Representatives
Manner of representation
Making declarations of will on behalf of the company requires the joint action of two members of the management board.
Supervisory board
Beneficial owners
No beneficial owners recorded for the company Vigo Photonics.
Capital group
| Name | Ownership |
|---|---|
VIGO Ventures ASI Sp. z o.o | 50% |
Warsaw Equity Management S.A | 14.27% |
| 4% |
Competitors
| Name | Revenue | Website | |
|---|---|---|---|
| ScanwayS.A. | $4,116,351.93 | scanway.pl | |
| Xy-Sensingsp. z o.o. | $3,605,474.12 | xysensing.com | |
| AlterS.A. | $2,861,952.25 | altersa.pl |
Change history
| Date | Event |
|---|---|
| 2026-08-28 | Share capital change (874,799.00 PLN → 1,006,018.00 PLN) |
| 2024-01-05 | Share capital change (729,000.00 PLN → 874,799.00 PLN) |
| 2022-08-19 | Name change (Vigo System → Vigo Photonics) |
| 2014-12-15 | Share capital change (694,000.00 PLN → 729,000.00 PLN) |
| 2012-10-10 | Share capital change (730,000.00 PLN → 694,000.00 PLN) |
FAQ
Last updated: 2026-08-28