Virtuix FY26 Revenue Up 18% to $4.25M, EPS Improves to $(0.73)
Summary
Virtuix Holdings reported FY26 revenue of $4.25 million, an 18% increase year-over-year, driven by Omni One consumer shipments. Diluted EPS significantly improved to $(0.73) from $(1.78) in the prior year, reflecting better per-unit overhead and a 25% gross margin. Despite these improvements, the company's net loss widened to $(16.80) million. This follows the 10-K filing earlier today, which also noted increased revenue but highlighted a going concern warning. The company is shifting to a consumer-focused strategy and expects meaningful defense sales in FY27 and beyond.
At the time of this announcement, VTIX was trading at $3.27 on NASDAQ in the Technology sector, with a market capitalization of approximately $105.9M. The 52-week trading range was $3.00 to $92.74. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Wiseek News.