Virtuix Reports Transformative Nine Months with Revenue Growth and Margin Improvement

Company highlights Nasdaq listing, Meta partnership, and strategic milestones in defense and robotics

Mar. 9, 2026 at 9:18pm

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Virtuix NASDAQ: VTIX executives outlined what they described as a 'transformative' nine-month period ended December 31, 2025, on the company's first earnings call as a publicly traded firm. Management highlighted year-over-year revenue growth, a swing to positive gross margins, and several strategic milestones, including a Nasdaq listing and participation in Meta's Made for Meta program.

Why it matters

Virtuix's performance and strategic developments demonstrate the company's progress in establishing itself as a leader in the virtual reality locomotion market, with potential implications for the broader VR industry and consumer adoption. The company's focus on both consumer and enterprise/defense applications highlights its multi-pronged approach to revenue growth.

The details

Virtuix reported revenue for the nine months ended December 31, 2025 increased 41% year-over-year to $3 million, citing strong demand for Omni One and a strong 2025 holiday season. Gross margin turned positive at 29%, compared with -17% in the prior-year period, driven by higher average selling prices and the completion of discounted pre-order deliveries. Operating expenses declined 45% to $6.3 million due to cost discipline. The company highlighted several strategic milestones, including joining Meta's Made for Meta program, launching Omni One sales in Europe, and advancing partnerships in defense and robotics applications.

  • Virtuix reported results for the nine-month period ended December 31, 2025.
  • New orders for Omni One and Omni One Core rose 60% in December 2025 compared to December 2024.
  • Omni One became eligible for purchase through HSA/FSA accounts in 2025.
  • Initial Omni One Core shipments to Europe were scheduled between April 13 and 24, 2026.
  • Virtuix received an $8 million initial advance on January 27, 2026 in connection with its direct listing.

The players

Virtuix

An American company that develops and commercializes hardware and software for immersive virtual reality (VR) locomotion and related experiences, best known for its Omni family of omnidirectional locomotion platforms.

Jan Goetgeluk

The founder, CEO, and Chairman of Virtuix.

Thomas McGinnis

The Chief Financial Officer of Virtuix.

Meta

The parent company of Facebook, which operates the Quest line of VR headsets and has a Made for Meta program for compatible third-party products.

Unbound XR

A partner that is supporting Virtuix's Omni One Core sales launch across Europe.

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What they’re saying

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— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

What’s next

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The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.