Virtuix (NASDAQ:VTIX) Issues Earnings Results

Posted by on Jun 27th, 2026

Virtuix (NASDAQ:VTIX – Get Free Report) announced its earnings results on Thursday. The company reported ($0.39) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.42) by $0.03, Zacks reports. The business had revenue of $1.27 million for the quarter.

Here are the key takeaways from Virtuix’s conference call:

  • Virtuix said fiscal 2026 revenue rose 18% year over year to $4.3 million, with December new unit sales up 60% versus the prior year, driven by stronger consumer demand for Omni One.
  • Gross margin improved sharply to 25% from -6% a year ago, while operating expenses fell 19%, showing materially better operating efficiency.
  • The company ended the year with $9.5 million in cash versus just $0.5 million a year earlier, and stockholders’ equity turned positive at $3 million.
  • Virtuix highlighted a major consumer expansion with the launch of Omni One for Quest through Meta’s Made for Meta program, which it believes significantly broadens its addressable market across Quest users.
  • Management emphasized growing traction in defense and potential M&A, including awards and programs with the Air Force, Marine Corps, Navy, and Army, but noted larger contracts and any acquisition would take time to materialize.

Virtuix Stock Down 12.3%

NASDAQ:VTIX opened at $2.79 on Friday. The company has a fifty day moving average of $3.86. Virtuix has a 12-month low of $2.70 and a 12-month high of $92.74.

Insiders Place Their Bets

In other Virtuix news, CEO Jan Roger Goetgeluk sold 20,279 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $3.58, for a total value of $72,598.82. Following the sale, the chief executive officer owned 4,000,000 shares of the company’s stock, valued at $14,320,000. This trade represents a 0.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last quarter, insiders sold 500,000 shares of company stock worth $2,593,993.

Analyst Upgrades and Downgrades

VTIX has been the topic of a number of research reports. Wall Street Zen lowered shares of Virtuix from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th. Zacks Research raised shares of Virtuix to a “hold” rating in a research note on Tuesday, April 14th. Weiss Ratings began coverage on Virtuix in a research note on Monday, April 20th. They set a “sell (e-)” rating on the stock. Finally, Maxim Group began coverage on shares of Virtuix in a research note on Thursday, June 18th. They issued a “buy” rating and a $11.00 price objective for the company. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Virtuix presently has a consensus rating of “Hold” and a consensus target price of $11.00.

Read Our Latest Stock Analysis on VTIX

Virtuix Company Profile

(Get Free Report)

Virtuix (NASDAQ:VTIX) is a company that develops and commercializes hardware and software for immersive virtual reality (VR) locomotion and related experiences. Its core focus is on enabling natural movement inside virtual environments through purpose-built platforms and systems that pair motion-control hardware with software integrations for games, training and location-based entertainment.

The company is best known for its Omni family of omnidirectional locomotion platforms, which are designed to allow users to walk, run and maneuver in 360 degrees within a virtual space while remaining stationary in the real world.

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