Virtuix (VTIX) Q4 2026 earnings summary

Executive summary

• Achieved 18% year-over-year revenue growth to $4.3 million, driven by strong demand for Omni One, robust holiday sales, and new product launches.

• Listed on Nasdaq in January 2026, enhancing access to capital and market visibility.

• Expanded internationally to the EU, UK, and Canada, and launched Omni One for Quest in partnership with Meta, targeting over 20 million Quest headsets.

• Gained significant traction in defense, with contracts and programs across all four U.S. military branches.

• Entered the healthcare vertical through university-led research collaborations and neurodivergent therapy applications.

Financial highlights

• Full-year revenue increased 18% to $4.3 million compared to $3.6 million in the prior year.

• Gross margin improved to 25% from negative 6% year-over-year, a 31-point increase.

• Operating expenses decreased by 19% to $11.4 million, reflecting cost discipline.

• Net loss widened to $16.8 million from $14.6 million, impacted by $6.4 million in non-operating, mostly non-cash, costs.

• Cash and cash equivalents rose to $9.5 million from $0.5 million year-over-year.

Outlook and guidance

• Plans to scale consumer revenue via Omni One for Quest and international expansion.

• Targeting growth in defense through larger contracts, recurring software revenue, and strategic acquisitions in defense training and simulation.

• Focused on improving gross margins to 40%+ in consumer and 70%+ in enterprise segments.

• Committed to achieving profitability through revenue growth and expense discipline.

• Management anticipates continued international expansion and recurring revenues from software licensing and simulation development.