Virtuix Holdings Inc. 1Q FY2027: Revenue $0.77M, EPS $(0.22) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Virtuix Holdings reported Q1 FY2027 revenue of $0.77M, down 25.6% YoY, with a net loss of $(7.17M) and diluted EPS of $(0.22). While revenue declined due to lapping backlog shipments, new Omni One orders rose 72%. The company is shifting focus from Omni Arena to the consumer-focused Omni One, boosted by Meta's Made for Meta program. Early defense traction includes sales to U.S. military academies.
Virtuix Holdings Inc. reported results for the first quarter of fiscal 2027, posting revenue of $0.77M and a net loss of $(7.17M), or diluted loss per share of $(0.22), versus $1.03M revenue and a $(2.31M) net loss in the year‑ago quarter.
Financial Highlights
- Revenue was $0.77M for Q1 FY2027 (three months ended June 30, 2026), down from $1.03M in the year‑ago quarter; YoY change (25.6%).
- Net income was a loss of $(7.17M) for Q1 FY2027, versus a loss of $(2.31M) in the year‑ago quarter.
- Diluted EPS was a loss of $(0.22) for Q1 FY2027, versus a loss of $(0.28) in the year‑ago quarter.
Business Highlights
- Revenue declined 26% year over year to $767K for Q1 2027 as backlog shipments lapped, while new orders for the Omni One rose 72% YoY.
- Company is shifting channel and product focus from Omni Arena toward the Omni One consumer product; Omni Arena has moved to sustaining mode with support focused on the secondary market.
- Launch of Omni One for Quest and participation in Meta's Made for Meta program boosted consumer demand and platform visibility.
- Early defense and enterprise traction includes test units sold to multiple U.S. military academies and a Phase 1 SBIR award, with management targeting meaningful defense sales by FY2028.
Original SEC Filing: Virtuix Holdings Inc. [ VTIX ] - 10-Q - Aug. 19, 2026