Virtuix FY27 Q1 net loss widens to $7.17 million; net sales fall 26% to $767,300
Reuters2026/08/19 21:54Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- 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:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Virtuix Holdings Inc. published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.
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