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Virtuix Holdings Inc. Financials

VTIX
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE March

This page shows Virtuix Holdings Inc. (VTIX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 34 / 100
Financial Profile 34/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). 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.

Profitability
0

Virtuix Holdings Inc. has an operating margin of -395.1%, meaning the company retains $-395 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -506.2% the prior year.

Growth
100

Virtuix Holdings Inc.'s revenue surged 49.0% year-over-year to $3.6M, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Leverage
100

Virtuix Holdings Inc. carries a low D/E ratio of -0.03, meaning only $-0.03 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
2

Virtuix Holdings Inc.'s current ratio of 0.40 is below the typical benchmark, resulting in a score of 2/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow
0

While Virtuix Holdings Inc. generated -$7.9M in operating cash flow, capex of $113K consumed most of it, leaving -$8.0M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Neutral
4/9

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.

Earnings Quality Low Quality
0.54x

For every $1 of reported earnings, Virtuix Holdings Inc. generates $0.54 in operating cash flow (-$7.9M OCF vs -$14.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk
-38.4x

Virtuix Holdings Inc. earns $-38.4 in operating income for every $1 of interest expense (-$14.2M vs $369K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$3.6M
YoY+49.0%

Virtuix Holdings Inc. generated $3.6M in revenue in fiscal year 2025. This represents an increase of 49.0% from the prior year.

EBITDA
-$13.7M
YoY-13.8%

Virtuix Holdings Inc.'s EBITDA was -$13.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 13.8% from the prior year.

Net Income
-$14.6M
YoY-18.1%

Virtuix Holdings Inc. reported -$14.6M in net income in fiscal year 2025. This represents a decrease of 18.1% from the prior year.

EPS (Diluted)
$-1.78
YoY+7.8%

Virtuix Holdings Inc. earned $-1.78 per diluted share (EPS) in fiscal year 2025. This represents an increase of 7.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow
-$8.0M
YoY-11.2%

Virtuix Holdings Inc. generated -$8.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 11.2% from the prior year.

Cash & Debt
$478K
YoY+77.0%

Virtuix Holdings Inc. held $478K in cash against $24K in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
8M
YoY+0.1%

Virtuix Holdings Inc. had 8M shares outstanding in fiscal year 2025. This represents an increase of 0.1% from the prior year.

Margins & Returns

Gross Margin
-6.3%
YoY-42.9pp

Virtuix Holdings Inc.'s gross margin was -6.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 42.9 percentage points from the prior year.

Operating Margin
-395.1%
YoY+111.1pp

Virtuix Holdings Inc.'s operating margin was -395.1% in fiscal year 2025, reflecting core business profitability. This is up 111.1 percentage points from the prior year.

Net Margin
-408.0%
YoY+106.8pp

Virtuix Holdings Inc.'s net profit margin was -408.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 106.8 percentage points from the prior year.

Return on Equity
N/A

Capital Allocation

R&D Spending
$2.2M
YoY-16.7%

Virtuix Holdings Inc. invested $2.2M in research and development in fiscal year 2025. This represents a decrease of 16.7% from the prior year.

Share Buybacks
$3K

Virtuix Holdings Inc. spent $3K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures
$113K
YoY-76.0%

Virtuix Holdings Inc. invested $113K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 76.0% from the prior year.

VTIX Income Statement

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Revenue $964K N/A N/A N/A $1.3M N/A N/A N/A
Cost of Revenue $674K N/A N/A N/A $1.3M N/A N/A N/A
Gross Profit $289K N/A N/A N/A -$19K N/A N/A N/A
R&D Expenses $227K N/A N/A N/A $307K N/A N/A N/A
SG&A Expenses $1.2M N/A N/A N/A $1.3M N/A N/A N/A
Operating Income -$1.8M N/A N/A N/A -$1.8M N/A N/A N/A
Interest Expense $871K N/A N/A N/A $128K N/A N/A N/A
Income Tax $23K N/A N/A N/A $10K N/A N/A N/A
Net Income -$2.7M-47.3% -$1.9M+19.6% -$2.3M N/A -$2.0M+30.9% -$2.9M+60.4% -$7.2M N/A
EPS (Diluted) $-0.09 N/A N/A N/A $-0.24 N/A N/A N/A

VTIX Balance Sheet

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Total Assets $6.4M N/A N/A $5.8M N/A N/A N/A $4.8M
Current Assets $3.4M N/A N/A $2.4M N/A N/A N/A $1.9M
Cash & Equivalents $1.1M N/A N/A $478K-67.9% $1.5M N/A N/A $270K
Inventory $1.4M N/A N/A $1.5M N/A N/A N/A $970K
Accounts Receivable $216K N/A N/A $126K N/A N/A N/A $30K
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $9.3M N/A N/A $6.6M N/A N/A N/A $3.4M
Current Liabilities $8.7M N/A N/A $5.9M N/A N/A N/A $3.1M
Long-Term Debt $24K N/A N/A $24K N/A N/A N/A $25K
Total Equity -$3.0M-197.5% -$993K+1.8% -$1.0M-27.3% -$794K-1880.9% $45K+133.2% -$134K-105.5% $2.5M+75.7% $1.4M
Retained Earnings -$69.4M N/A N/A -$62.5M N/A N/A N/A -$47.8M

VTIX Cash Flow Statement

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Operating Cash Flow N/A N/A N/A -$1.5M N/A N/A N/A N/A
Capital Expenditures N/A N/A N/A -$1 N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A -$1.5M N/A N/A N/A N/A
Investing Cash Flow N/A N/A N/A -$3K N/A N/A N/A N/A
Financing Cash Flow N/A N/A N/A $541K N/A 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 $0 N/A N/A N/A N/A

VTIX Financial Ratios

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Gross Margin 30.0% N/A N/A N/A -1.5% N/A N/A N/A
Operating Margin -191.2% N/A N/A N/A -145.2% N/A N/A N/A
Net Margin -283.3% N/A N/A N/A -155.9% N/A N/A N/A
Return on Equity N/A N/A N/A N/A -4419.9% N/A -293.0% N/A
Return on Assets -43.0% N/A N/A N/A N/A N/A N/A N/A
Current Ratio 0.39 N/A N/A 0.40 N/A N/A N/A 0.62
Debt-to-Equity -0.01 N/A N/A -0.03 N/A N/A N/A 0.02
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

Note: Shareholder equity is negative (-$794K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.40), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

Virtuix Holdings Inc. (VTIX) reported $3.6M in total revenue for fiscal year 2025. This represents a 49.0% 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.

Virtuix Holdings Inc. (VTIX) revenue grew by 49% year-over-year, from $2.4M to $3.6M in fiscal year 2025.

No, Virtuix Holdings Inc. (VTIX) reported a net income of -$14.6M in fiscal year 2025, with a net profit margin of -408.0%.

Virtuix Holdings Inc. (VTIX) reported diluted earnings per share of $-1.78 for fiscal year 2025. This represents a 7.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Virtuix Holdings Inc. (VTIX) had EBITDA of -$13.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Virtuix Holdings Inc. (VTIX) had $478K in cash and equivalents against $24K in long-term debt.

Virtuix Holdings Inc. (VTIX) had a gross margin of -6.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Virtuix Holdings Inc. (VTIX) had an operating margin of -395.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Virtuix Holdings Inc. (VTIX) had a net profit margin of -408.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Virtuix Holdings Inc. (VTIX) generated -$8.0M in free cash flow during fiscal year 2025. This represents a -11.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Virtuix Holdings Inc. (VTIX) generated -$7.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Virtuix Holdings Inc. (VTIX) had $5.8M in total assets as of fiscal year 2025, including both current and long-term assets.

Virtuix Holdings Inc. (VTIX) invested $113K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Virtuix Holdings Inc. (VTIX) invested $2.2M in research and development during fiscal year 2025.

Yes, Virtuix Holdings Inc. (VTIX) spent $3K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Virtuix Holdings Inc. (VTIX) had 8M shares outstanding as of fiscal year 2025.

Virtuix Holdings Inc. (VTIX) had a current ratio of 0.40 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Virtuix Holdings Inc. (VTIX) had a debt-to-equity ratio of -0.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Virtuix Holdings Inc. (VTIX) had a return on assets of -253.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, Virtuix Holdings Inc. (VTIX) had $478K in cash against an annual operating cash burn of $7.9M. This gives an estimated cash runway of approximately 1 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.

Virtuix Holdings Inc. (VTIX) has negative shareholder equity of -$794K as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

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.

Virtuix Holdings Inc. (VTIX) has an earnings quality ratio of 0.54x, 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.

Virtuix Holdings Inc. (VTIX) has an interest coverage ratio of -38.4x, 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.

Virtuix Holdings Inc. (VTIX) scores 34 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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