Virtuix Rings the Nasdaq Closing Bell Celebrating its Listing on the Nasdaq Global Market
Rhea-AI Summary
Virtuix (NASDAQ: VTIX) rang the Nasdaq Closing Bell on March 5, 2026, marking its listing on the Nasdaq Global Market and public trading since January 27, 2026. Nine-month net sales rose 41% to $3.0 million and gross margin improved to 29% from (17%).
The company reported a 45% reduction in operating expenses to $6.3 million, 60% higher December orders year-over-year, European storefront expansion with shipments slated for April 2026, and early defense test unit sales and partnerships advancing commercialization.
Positive
- Listed on Nasdaq Global Market, trading since January 27, 2026
- Net sales +41% for nine months ended December 31, 2025 to $3.0 million
- Gross margin improved to 29% from (17%) year‑over‑year
- Total operating expenses -45% to $6.3 million for the nine months
- New orders +60% in December 2025 vs December 2024
- Expanded EU/UK storefronts with initial shipments scheduled for April 2026
Negative
- Nine-month net sales of $3.0 million indicate a small revenue base
- Operating expenses of $6.3 million exceed nine-month sales, implying continued operating shortfall
Key Figures
Market Reality Check
Peers on Argus
No peers with momentum flags or same-day headlines are reported, indicating the -8.46% move occurred without a broader sector push and appears stock-specific.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 05 | Earnings results | Positive | -8.5% | Reported higher net sales, improved margins, and lower operating expenses. |
| Feb 23 | Earnings call preview | Neutral | -0.5% | Announced timing and topics for upcoming Q3 results conference call. |
| Feb 19 | Nasdaq bell announcement | Positive | +25.4% | Planned Nasdaq Closing Bell ceremony to celebrate public listing. |
| Feb 17 | Partnership news | Positive | +1.9% | Joined Meta’s Made for Meta program and highlighted strong revenue growth. |
| Feb 11 | Geographic expansion | Positive | +3.1% | Announced Omni One Core expansion to Europe and prior revenue growth metrics. |
Positive corporate and growth announcements have mostly aligned with gains, but the latest earnings release showing strong growth coincided with a notable decline.
Over the last month, Virtuix moved from growth and expansion headlines to its first reported results as a public company. On Feb 11 and Feb 17, news of 138% revenue growth, European Omni One expansion, and the Meta “Made for Meta” partnership saw modest gains. The upcoming bell-ringing announcement on Feb 19 aligned with a sharp 25.37% rise. However, the Mar 5 earnings release, highlighting net sales of $3.0M and margin improvement, was followed by a -8.46% move, contrasting with earlier positive reactions.
Market Pulse Summary
This announcement emphasizes Virtuix’s transition to the Nasdaq Global Market and recent operating momentum, including net sales of $3.0M, improved 29% gross margin, and a 45% reduction in operating expenses over nine months. Historically, news on Omni One expansion, Meta partnership, and European rollout has been frequent. Investors reviewing this trajectory may focus on order growth of 60% in December 2025, progress in defense-focused Virtual Terrain Walk deployments, and how listing-related capital and warrant structures interact with future growth updates.
Key Terms
nasdaq global market regulatory
humanoid robot teleoperation technical
investor relations financial
AI-generated analysis. Not financial advice.
Company Highlights Recent Financial and Operational Momentum Following Third Quarter and Nine-Month Fiscal 2026 Results
AUSTIN, Texas., March 06, 2026 (GLOBE NEWSWIRE) -- Virtuix Inc. (NASDAQ: VTIX), a leading developer of full-body virtual reality systems, celebrated the ringing of the Nasdaq Closing Bell at the Nasdaq MarketSite in Times Square, New York City on March 5, 2026. The ceremony recognized Virtuix’s listing on the Nasdaq Global Market under the ticker symbol “VTIX,” which began trading on January 27, 2026.
Virtuix Founder, Chief Executive Officer, and Chairman Jan Goetgeluk participated in the ceremony alongside Nasdaq officials, members of the Virtuix Board of Directors and management team, employees, and guests. A replay of the Nasdaq Closing Bell ceremony is available here.
“We were honored to ring the Nasdaq Closing Bell and to celebrate this milestone with our team and supporters,” said Jan Goetgeluk, CEO of Virtuix. “Our Nasdaq listing is an important step in our evolution as a company, and it strengthens our platform for scaling Omni One across consumer, enterprise, and defense markets. We remain focused on accelerating our growth, driving unit economics, and building on the momentum we have generated.”
The closing bell ceremony came one day before the Company’s Fiscal Third Quarter and Nine Months Ended December 31, 2025, financial results and conference call on March 5, 2026 at 8:30 AM ET. The presentation utilized during the call is available on the Company’s investor relations website here, and a replay of the webcast can be viewed here.
Select Financial and Operational Highlights
- Net sales for the nine months ended December 31, 2025 increased
41% year-over-year to$3.0 million . - Gross margin for the nine months ended December 31, 2025 increased to
29% from (17% ) in the prior year period. - Total operating expenses decreased
45% to$6.3 million for the nine months ended December 31, 2025. - New orders for Omni One and Omni One Core systems increased
60% in December 2025 compared to December 2024, reflecting a strong holiday season. - Virtuix joined the “Made for Meta” partnership program to enable Omni One treadmill compatibility with Meta Quest headsets and games, expanding Omni One’s addressable market within the Quest ecosystem.
- Virtuix expanded Omni One Core sales across major European markets through dedicated EU and UK storefronts, with initial shipments scheduled to begin in April 2026.
- Virtuix advanced its Virtual Terrain Walk (VTW) system for defense training and simulation, including the integration of AI-enabled 3D reconstruction to accelerate photorealistic terrain creation, and announced the sale of test units to the U.S. Military Academy at West Point, the U.S. Air Force Academy, and Yokota Air Force Base.
- In collaboration with the University of Central Florida’s Institute for Simulation & Training, Virtuix demonstrated humanoid robot teleoperation using Omni One Enterprise, highlighting applications for real-time movement translation and embodied AI.
Virtuix has launched a dedicated Investor Relations section on its website at https://investors.virtuix.com, featuring SEC filings, governance information, investor presentations, and an IR calendar. Institutional investors and analysts can schedule a 1x1 meeting with management by emailing VTIX@mzgroup.us or calling Chris Tyson at 949-491-8235.
About Virtuix
Virtuix Inc. (NASDAQ: VTIX) is a leading manufacturer of full-body virtual reality systems for consumer, enterprise, and defense markets. The company's premier portfolio of "Omni" omni-directional treadmills enables players to walk and run in 360 degrees inside video games and other virtual reality applications. With a commitment to innovation, Virtuix continues to push the boundaries of XR and AI, delivering immersive experiences to users worldwide. For more information, visit virtuix.com.
Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the "Risk Factors" section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
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Company Contact
Lauren Premo
Virtuix Inc.
press@virtuix.com
Investor Relations Contact
Chris Tyson
MZ Group
Direct: 949-491-8235
VTIX@mzgroup.us
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/14fa90ca-7629-4b9c-8837-8a4c234568d4
FAQ
What does Virtuix’s (VTIX) Nasdaq Global Market listing mean for investors?
How did Virtuix (VTIX) perform financially for the nine months ended December 31, 2025?
What operational momentum did Virtuix (VTIX) report in December 2025?
What are Virtuix’s near-term commercial expansion plans for Omni One (VTIX)?
Has Virtuix (VTIX) made progress on defense and research partnerships?
