Virtuix Reports Missed GAAP EPS and Revenue in Q1
In its first-quarter financial report, Virtuix Holdings Inc. (VTIX) reported a GAAP earnings per share of -$0.22, missing estimates by $0.08. The company also generated revenue of $0.8 million, which fell short of expectations by $0.25 million and marked a 20% year-over-year decline. As of June 30, 2026, Virtuix held cash and equivalents totaling $7.4 million, down from $9.5 million as of March 31, 2026. The company has previously highlighted its partnership with Meta as a potential catalyst for future growth. The results reflect ongoing challenges in the virtual reality sector amid shifting market dynamics.
Tickers: $VTIX
Topics: Earnings Financial Performance