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Virtuix Q4 Revenue Misses as Omni Arena Sales Slow
Virtuix Q4 revenue of $4.2M missed its $5M-$6M forecast as Omni Arena sales slowed. The company guided for $25M-$30M in fiscal 2027 revenue and expects cash-flow positivity by Q4.
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Virtuix Holdings posted a fourth-quarter revenue miss, with sales falling short of the company's own forecast as demand for its Omni Arena gaming platform softened.
The company reported $4.2 million in revenue for the quarter ended June 30, below the $5 million to $6 million range it had projected in May. Virtuix cited longer-than-expected sales cycles for its Omni Arena units, which let users run in place to control on-screen characters. The company shipped 22 units in the quarter, down from 28 in the prior period.
Gross margin narrowed to 38% from 42% a year earlier, driven by higher component costs and a shift toward lower-margin service revenue. Virtuix ended the quarter with $8.1 million in cash, down from $11.3 million at the end of March.