This page shows Virtuix Holdings Inc. (VTIX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
A cash-heavy balance sheet was built through external financing, while the core business still consumes cash faster than sales scale.
Over the last three fiscal years, revenue nearly doubled and FY2026 gross margin rebounded to24.6% , showing the company can generate positive gross profit once sales volume improves. But operating cash outflow still expanded from$6.7M to$9.5M , so better product-level economics have not yet translated into a less cash-intensive operating model.
The apparent liquidity improvement in FY2026 came from capital raising, not internal funding. Financing inflow reached
The business looks less constrained by inventory than by its cost structure and financing burden. Interest expense reached
Financial Health Signals
Scored against emerging companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Virtuix Holdings Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Virtuix Holdings Inc. scores -6.49, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($54.5M) relative to total liabilities ($11.7M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Virtuix Holdings Inc. passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Virtuix Holdings Inc. generates $0.57 in operating cash flow (-$9.5M OCF vs -$16.8M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Virtuix Holdings Inc. earns $-2.9 in operating income for every $1 of interest expense (-$10.3M vs $3.5M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Virtuix Holdings Inc. generated $4.3M in revenue in fiscal year 2026. This represents an increase of 18.4% from the prior year.
Virtuix Holdings Inc.'s EBITDA was -$9.7M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 29.3% from the prior year.
Virtuix Holdings Inc. reported -$16.8M in net income in fiscal year 2026. This represents a decrease of 14.7% from the prior year.
Virtuix Holdings Inc. earned $-0.73 per diluted share (EPS) in fiscal year 2026.
Cash & Balance Sheet
Virtuix Holdings Inc. held $9.5M in cash against $8.5M in long-term debt as of fiscal year 2026.
Virtuix Holdings Inc. had 29M shares outstanding in fiscal year 2026.
Margins & Returns
Virtuix Holdings Inc.'s gross margin was 24.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 30.9 percentage points from the prior year.
Virtuix Holdings Inc.'s operating margin was -242.7% in fiscal year 2026, reflecting core business profitability. This is up 152.5 percentage points from the prior year.
Virtuix Holdings Inc.'s net profit margin was -395.0% in fiscal year 2026, showing the share of revenue converted to profit. This is up 13.0 percentage points from the prior year.
Virtuix Holdings Inc.'s ROE was -551.1% in fiscal year 2026, measuring profit generated per dollar of shareholder equity.
Capital Allocation
Virtuix Holdings Inc. invested $846K in research and development in fiscal year 2026. This represents a decrease of 61.3% from the prior year.
Virtuix Holdings Inc. spent $3K on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 0.0% from the prior year.
VTIX Income Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $964K | N/A | N/A | N/A | $1.3M | N/A | N/A |
| Cost of Revenue | N/A | $674K | N/A | N/A | N/A | $1.3M | N/A | N/A |
| Gross Profit | N/A | $289K | N/A | N/A | N/A | -$19K | N/A | N/A |
| R&D Expenses | N/A | $227K | N/A | N/A | N/A | $307K | N/A | N/A |
| SG&A Expenses | N/A | $1.2M | N/A | N/A | N/A | $1.3M | N/A | N/A |
| Operating Income | N/A | -$1.8M | N/A | N/A | N/A | -$1.8M | N/A | N/A |
| Interest Expense | N/A | $871K | N/A | N/A | N/A | $128K | N/A | N/A |
| Income Tax | N/A | $23K | N/A | N/A | N/A | $10K | N/A | N/A |
| Net Income | N/A | -$2.7M-47.3% | -$1.9M+19.6% | -$2.3M | N/A | -$2.0M+30.9% | -$2.9M+60.4% | -$7.2M |
| EPS (Diluted) | N/A | $-0.09 | N/A | N/A | N/A | $-0.24 | N/A | N/A |
VTIX Balance Sheet
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $14.8M+132.3% | $6.4M | N/A | N/A | $5.8M | N/A | N/A | N/A |
| Current Assets | $11.9M+250.4% | $3.4M | N/A | N/A | $2.4M | N/A | N/A | N/A |
| Cash & Equivalents | $9.5M+781.3% | $1.1M | N/A | N/A | $478K-67.9% | $1.5M | N/A | N/A |
| Inventory | $1.2M-13.9% | $1.4M | N/A | N/A | $1.5M | N/A | N/A | N/A |
| Accounts Receivable | $379K+75.7% | $216K | N/A | N/A | $126K | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $11.7M+25.8% | $9.3M | N/A | N/A | $6.6M | N/A | N/A | N/A |
| Current Liabilities | $8.8M+0.3% | $8.7M | N/A | N/A | $5.9M | N/A | N/A | N/A |
| Long-Term Debt | $8.5M+35992.6% | $24K | N/A | N/A | $24K | N/A | N/A | N/A |
| Total Equity | $3.0M+203.2% | -$3.0M-197.5% | -$993K+1.8% | -$1.0M-27.3% | -$794K-1880.9% | $45K+133.2% | -$134K-105.5% | $2.5M |
| Retained Earnings | -$79.3M-14.3% | -$69.4M | N/A | N/A | -$62.5M | N/A | N/A | N/A |
VTIX Cash Flow Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$4.0M | N/A | N/A | N/A | -$1.5M | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | -$1 | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | -$1.5M | N/A | N/A | N/A |
| Investing Cash Flow | -$10K | N/A | N/A | N/A | -$3K | N/A | N/A | N/A |
| Financing Cash Flow | $12.4M | N/A | N/A | N/A | $541K | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | $0 | N/A | N/A | N/A |
VTIX Financial Ratios
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | 30.0% | N/A | N/A | N/A | -1.5% | N/A | N/A |
| Operating Margin | N/A | -191.2% | N/A | N/A | N/A | -145.2% | N/A | N/A |
| Net Margin | N/A | -283.3% | N/A | N/A | N/A | -155.9% | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | -4419.9% | N/A | -293.0% |
| Return on Assets | N/A | -43.0% | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 1.36+1.0 | 0.39 | N/A | N/A | 0.40 | N/A | N/A | N/A |
| Debt-to-Equity | 2.80 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Frequently Asked Questions
What is Virtuix Holdings Inc.'s annual revenue?
Virtuix Holdings Inc. (VTIX) reported $4.3M in total revenue for fiscal year 2026. This represents a 18.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Virtuix Holdings Inc.'s revenue growing?
Virtuix Holdings Inc. (VTIX) revenue grew by 18.4% year-over-year, from $3.6M to $4.3M in fiscal year 2026.
Is Virtuix Holdings Inc. profitable?
No, Virtuix Holdings Inc. (VTIX) reported a net income of -$16.8M in fiscal year 2026, with a net profit margin of -395.0%.
What is Virtuix Holdings Inc.'s EBITDA?
Virtuix Holdings Inc. (VTIX) had EBITDA of -$9.7M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Virtuix Holdings Inc. have?
As of fiscal year 2026, Virtuix Holdings Inc. (VTIX) had $9.5M in cash and equivalents against $8.5M in long-term debt.
What is Virtuix Holdings Inc.'s gross margin?
Virtuix Holdings Inc. (VTIX) had a gross margin of 24.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Virtuix Holdings Inc.'s operating margin?
Virtuix Holdings Inc. (VTIX) had an operating margin of -242.7% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Virtuix Holdings Inc.'s net profit margin?
Virtuix Holdings Inc. (VTIX) had a net profit margin of -395.0% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Virtuix Holdings Inc.'s return on equity (ROE)?
Virtuix Holdings Inc. (VTIX) has a return on equity of -551.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Virtuix Holdings Inc.'s operating cash flow?
Virtuix Holdings Inc. (VTIX) generated -$9.5M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Virtuix Holdings Inc.'s total assets?
Virtuix Holdings Inc. (VTIX) had $14.8M in total assets as of fiscal year 2026, including both current and long-term assets.
How much does Virtuix Holdings Inc. spend on research and development?
Virtuix Holdings Inc. (VTIX) invested $846K in research and development during fiscal year 2026.
What is Virtuix Holdings Inc.'s current ratio?
Virtuix Holdings Inc. (VTIX) had a current ratio of 1.36 as of fiscal year 2026, which is considered adequate.
What is Virtuix Holdings Inc.'s debt-to-equity ratio?
Virtuix Holdings Inc. (VTIX) had a debt-to-equity ratio of 2.80 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Virtuix Holdings Inc.'s return on assets (ROA)?
Virtuix Holdings Inc. (VTIX) had a return on assets of -113.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Virtuix Holdings Inc.'s cash runway?
Based on fiscal year 2026 data, Virtuix Holdings Inc. (VTIX) had $9.5M in cash against an annual operating cash burn of $9.5M. This gives an estimated cash runway of approximately 12 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Virtuix Holdings Inc.'s Altman Z-Score?
Virtuix Holdings Inc. (VTIX) has an Altman Z-Score of -6.49, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Virtuix Holdings Inc.'s Piotroski F-Score?
Virtuix Holdings Inc. (VTIX) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Virtuix Holdings Inc.'s earnings high quality?
Virtuix Holdings Inc. (VTIX) has an earnings quality ratio of 0.57x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Virtuix Holdings Inc. cover its interest payments?
Virtuix Holdings Inc. (VTIX) has an interest coverage ratio of -2.9x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Virtuix Holdings Inc.?
Virtuix Holdings Inc. (VTIX) scores 44 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.