Virtuix Holdings Inc. VTIX
worlds, both imaginary and real. We are the creator of "Omni," the premier brand of omni-directional treadmills that enable
users to walk and run in 360 degrees inside virtual reality ("VR") games, digital twins, and other applications. Our technology
positions us at the intersection of gaming, fitness, and enterprise VR.
20, 2013. Our Class A common stock commenced trading on the Nasdaq Global Market on January 27, 2026, in connection with our direct listing.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2026 | FY2024 | FY2023 |
|---|---|---|---|---|
| Revenue | $4.3M | — | $3.6M | $2.4M |
| Cost of revenue | $3.2M | — | $3.8M | $200.3K |
| Gross profit | $1.0M | — | -$227.4K | $881.4K |
| R&D | $846.0K | — | $2.2M | $2.6M |
| SG&A | $7.9M | — | $10.1M | $8.4M |
| Total operating expenses | $11.4M | — | $14.0M | $13.1M |
| Operating income | -$10.3M | — | -$14.2M | -$12.2M |
| Interest expense | $3.5M | — | $369.4K | — |
| Pre-tax income | -$16.7M | — | -$14.6M | -$12.3M |
| Income tax | $125.3K | — | $79.0K | $62.4K |
| Net income | -$16.8M | — | -$14.6M | -$12.4M |
| EPS, basic | -0.73 | — | -1.78 | -1.93 |
| EPS, diluted | -0.73 | — | -1.78 | -1.93 |
| Shares, diluted (wtd. avg.) | $23.0M | — | $8.2M | $6.4M |
Balance sheet
| Fiscal year | FY2025 | FY2026 | FY2024 | FY2023 |
|---|---|---|---|---|
| Cash and equivalents | $9.5M | — | $477.9K | $270.0K |
| Inventory | $1.2M | — | $1.5M | — |
| Total current assets | $11.9M | — | $2.4M | — |
| Property, plant and equipment | $378.3K | — | $464.9K | — |
| Other intangibles | $1.5M | — | $2.0M | — |
| Total assets | $14.8M | — | $5.8M | — |
| Accounts payable | $721.8K | — | $807.4K | — |
| Total current liabilities | $8.8M | — | $5.9M | — |
| Long-term debt | $8.5M | — | — | — |
| Total liabilities | $11.7M | — | $6.6M | — |
| Retained earnings | -$79.3M | — | -$62.5M | — |
| Total equity | $3.0M | — | -$794.0K | $1.4M |
Cash flow
| Fiscal year | FY2025 | FY2026 | FY2024 | FY2023 |
|---|---|---|---|---|
| Operating cash flow | -$9.5M | — | -$7.9M | -$6.7M |
| Depreciation and amortisation | $626.0K | — | $482.4K | $147.9K |
| Stock-based compensation | $442.0K | — | $5.9M | $4.7M |
| Capital expenditure | — | — | $113.1K | $470.5K |
| Investing cash flow | -$97.0K | — | -$467.2K | -$1.1M |
| Financing cash flow | $18.6M | — | $8.6M | $5.8M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-072079.
Others in SIC 3577
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| PANW | Palo Alto Networks Inc | $271.61B | 208.3x | 14.9% |
| FTNT | Fortinet, Inc. | $114.67B | 64.6x | 14.2% |
| LOGI | LOGITECH INTERNATIONAL S.A. | $14.61B | 21.3x | 6.3% |
| CRSR | Corsair Gaming, Inc. | $1.38B | — | 11.9% |
| EVLV | Evolv Technologies Holdings, Inc. | $905.6M | — | 40.5% |
| MITK | MITEK SYSTEMS INC | $837.9M | 97.7x | 4.4% |
| XRX | Xerox Holdings Corp | $436.0M | — | 12.9% |
| IMMR | IMMERSION CORP | $255.9M | 55.1x | 11.2% |