zSpace, Inc. reported second quarter 2026 revenue of $5.4 million, down from $7.5 million a year earlier, primarily due to delayed and returned EMEA orders related to the Iran war. Despite lower sales, gross margin improved sharply to 56.4% from 42.6%, reflecting a richer software and services mix, more Company-owned content, and lower hardware costs.
Net income was $0.3 million compared with a net loss of $6.1 million in the prior-year quarter, aided by a $4.1 million gain from converting debt to equity. Annualized Contract Value of renewable software declined to $9.4 million, bookings fell 14% to $6.0 million, and Net Dollar Revenue Retention for large customers was 66% (83% excluding two prior customer losses). Cash stood at $0.9 million against total liabilities of $21.5 million, and the Board’s formal review of strategic alternatives remains ongoing.
zSpace, Inc. Schedule 13G/A reports that AQR Capital Management, LLC and AQR Capital Management Holdings, LLC beneficially own 149,946 shares of zSpace common stock, representing 3.12% of the class as reported with a 06/30/2026 reference. The filing shows shared voting and dispositive power for 149,946 shares.
zSpace, Inc. Chief Financial Officer Erick DeOliveira reported a routine share withholding related to equity compensation. On July 6, 2026, 792 shares of common stock were withheld at $0.2060 per share to cover tax obligations from restricted stock units that vested on July 1, 2026. According to the disclosure, no shares were sold by DeOliveira, and he now directly holds 3,352 shares of common stock.
zSpace, Inc. Chief Executive Officer Paul Kellenberger reported a tax-related share disposition under the company’s equity plan. On the Form 4, 1,443 shares of Common Stock were withheld by zSpace at a price of $0.206 per share to satisfy his tax withholding obligations from restricted stock units vesting on July 1, 2026. The footnote clarifies that no shares were sold in the market, and following this withholding, Kellenberger directly holds 5,678 shares of Common Stock.
zSpace, Inc. officer Michael S. Harper reported a small tax-related share disposition. On the vesting of restricted stock units on July 1, 2026, the company withheld 498 shares of common stock at $0.206 per share to cover his tax obligations. According to the filing, no shares were sold by Harper, and he directly holds 3,454 shares after this withholding.
zSpace, Inc. Chief Executive Officer Paul Kellenberger reported the vesting of restricted stock units into common stock, reflected as derivative exercises on July 1, 2026. These are compensation-related conversions, not open-market purchases or sales.
The filings show 2,680 and 1,340 restricted stock units converting into the same numbers of common shares at a zero cash exercise price, under the company’s 2024 Equity Incentive Plan. After these transactions, two reported direct common stock lines show holdings of 7,122 and 4,442 shares, with all amounts adjusted for the company’s 1-for-25 reverse stock split effective April 20, 2026.
zSpace, Inc. Chief Financial Officer Erick DeOliveira acquired 2,204 shares of Common Stock through equity compensation vesting. On July 1, 2026, multiple tranches of Restricted Stock Units (RSUs) converted into Common Stock at an exercise price of $0.0000 per share, reflecting routine compensation rather than open-market buying.
Footnotes explain that these RSUs were granted on April 1, 2025 and April 1, 2026 under the Company’s 2024 Equity Incentive Plan and were adjusted for a 1-for-25 reverse stock split effective April 20, 2026 before vesting on July 1, 2026.
zSpace, Inc. officer Michael S. Harper acquired shares through vesting of restricted stock units (RSUs). On July 1, 2026, RSUs previously granted on April 1, 2025 and April 1, 2026 under the 2024 Equity Incentive Plan vested into a total of 2,040 shares of Common Stock.
The Form 4 shows 1,360 and 680 Common Stock shares acquired at a price of $0.0000 per share via derivative exercises. Footnotes explain all share and unit amounts reflect a 1-for-25 reverse stock split effective April 20, 2026.
zSpace, Inc. director Jane Swift reported a compensation-related stock transaction involving restricted stock units. On July 1, 2026, 135 restricted stock units vested and were converted into 135 shares of Common Stock at a price of $0.00 per share. These RSUs were originally granted on April 1, 2026 under the company’s 2024 Equity Incentive Plan and adjusted for a 1-for-25 reverse stock split effective April 20, 2026. Following the transaction, Swift directly holds 673 shares of Common Stock and 403 restricted stock units, reflecting a routine equity award vesting rather than an open-market purchase or sale.
Pande Abhay reported acquisition or exercise transactions in this Form 4 filing.
zSpace, Inc. director Abhay Pande increased his equity stake through RSU vesting. On July 1, 2026, 135 restricted stock units vested into 135 shares of Common Stock under the company’s 2024 Equity Incentive Plan and board annual compensation policy.
The RSU grant was originally approved on April 1, 2026 and later adjusted for zSpace’s 1-for-25 reverse stock split effective April 20, 2026. Following the transaction, Pande directly holds 673 shares of Common Stock and 403 restricted stock units.