Virtuix FY27 Q1 net loss widens to $7.17 million; net sales fall 26% to $767,300
Reuters2026/08/19 21:54- Virtuix posted a GAAP net loss of USD 7.2 million, or USD 0.22 per share, for the quarter ended June 30, 2026.
- Net sales fell 26% to USD 767,300 year over year, as the prior-year period benefited from fulfillment of legacy preorder backlog.
- Gross margin expanded 13 percentage points to 30%, reflecting higher Omni One system pricing.
- Adjusted EBITDA loss widened to USD 3.1 million from USD 1.9 million a year earlier.
- New Omni One orders rose 72% year over year, roughly more than doubled since the Omni One for Quest launch with Meta.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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