---
title: "Glimpse | 8-K: FY2026 Q2 Revenue Misses Estimate at USD 1.3 M"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/276130663.md"
published_at: "2026-02-17T13:37:56.000Z"
---

# Glimpse | 8-K: FY2026 Q2 Revenue Misses Estimate at USD 1.3 M

Revenue: As of FY2026 Q2, the actual value is USD 1.3 M, missing the estimate of USD 2 M.

EPS: As of FY2026 Q2, the actual value is USD -0.06.

EBIT: As of FY2026 Q2, the actual value is USD -1.298 M.

#### Revenue

Total revenue for The Glimpse Group, Inc. in Q2 FY 2026 (three months ended December 31, 2025) was approximately $1.30 million, representing a 59% decrease compared to approximately $3.17 million in Q2 FY 2025 (three months ended December 31, 2024), and a decrease of approximately 7% from Q1 FY 2026 revenues of approximately $1.40 million. This decline was attributed to the timing of Department of War (DoW) contracts, U.S. Government budget delays, and the divestiture of non-core entities.

Segment-wise revenue for the three months ended December 31, 2025, included $1,175,269 from software services, $103,947 from software license/software as a service, and $20,481 from royalty income. For the six months ended December 31, 2025, total revenue was $2,698,350, compared to $5,607,303 for the six months ended December 31, 2024.

#### Gross Margin

Gross Margin for Q2 FY 2026 was approximately 61%, a decrease from approximately 64% in Q2 FY 2025. The Glimpse Group, Inc. expects its Gross Margins to remain in the 60-70% range.

#### Operating Costs

For the three months ended December 31, 2025, total operating expenses were $2,051,223, up from $2,018,000 for the same period in the prior year. This included research and development expenses of $894,387, general and administrative expenses of $843,821, and sales and marketing expenses of $303,946.

#### Net Income (Loss)

The Glimpse Group, Inc. reported a net loss of -$1,225,589 for the three months ended December 31, 2025, compared to a net income of $25,872 for the three months ended December 31, 2024. For the six months ended December 31, 2025, the net loss was -$2,258,898, an increase from a net loss of -$988,320 for the six months ended December 31, 2024.

#### Adjusted EBITDA

Adjusted EBITDA loss for Q2 FY 2026 (three months ended December 31, 2025) was -$0.89 million, a decrease from an Adjusted EBITDA gain of $0.28 million for Q2 FY 2025 (three months ended December 31, 2024). For the six months ended December 31, 2025, Adjusted EBITDA loss was -$1.83 million, compared to -$0.17 million for the six months ended December 31, 2024.

#### Cash Flow

Net cash used in operating activities for the six months ended December 31, 2025, was -$2,029,423, compared to -$253,153 for the six months ended December 31, 2024. Cash used in investing activities for the six months ended December 31, 2025, was -$1,516,189, which included a -$1,500,000 payment of contingent consideration for acquisition. Net cash provided by financing activities was $55,600 for the six months ended December 31, 2025.

#### Cash and Equivalent Position

As of December 31, 2025, the Company’s cash and equivalent position was approximately $3.34 million, with an additional $0.56 million in accounts receivable. This is a decrease from $6,832,725 in cash and cash equivalents as of June 30, 2025.

#### Capital Structure

The Glimpse Group, Inc. maintains a clean capital structure with no debt, no convertible debt, no preferred equity, and no contingent liabilities. The Company has not drawn down any funds on its ATM (at-the-market) facility.

#### Outlook / Guidance

The Glimpse Group, Inc. is undergoing a strategic realignment focusing on the potential IPO/Divestiture of Brightline Interactive and optimizing its Immersive businesses. The goal is to complete the potential BLI IPO in the first half of calendar year 2026, subject to regulatory approvals, market conditions, and investor interest. The Company also plans to change its ticker symbol to “GGRP” towards the end of February 2026 as part of its wider platform strategy.

### Related Stocks

- [VRAR.US - Glimpse](https://longbridge.com/en/quote/VRAR.US.md)
- [GGRP.US - Glimpse](https://longbridge.com/en/quote/GGRP.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.