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Virtuix — Second Quarter Fiscal Year 2027 Earnings Summary

  • Financial Performance:

    • The company expects to report strong revenue growth for the second quarter of fiscal year 2027 (ended September 30, 2026), driven by increased Omni One sales following the June launch of Omni One for Quest in collaboration with Meta.
    • Specific financial figures, including revenue amounts, earnings, profit margins, cash flow, or debt levels, are not stated in this press release; the expectations are preliminary and subject to completion of quarter-end financial closing procedures.
  • Guidance and Future Outlook:

    • The company anticipates a "standout quarter" for fiscal year 2027.
    • Management expects accelerating momentum in the defense business and significant growth opportunities ahead.
    • The company plans to provide an update on its outlook for fiscal year 2027 during the upcoming earnings call.
  • Business Segments and Product Lines:

    • Consumer Entertainment: Growth is driven by the launch of Omni One for Quest in collaboration with Meta in June 2026.
    • Defense and Enterprise: The company reports an expanding footprint with recent sales to the U.S. Army, U.S. Navy, and U.S. Department of Veterans Affairs.
    • Healthcare: An upcoming autism therapy pilot is scheduled.
    • Robotics: The company is developing developments in humanoid robotics and enterprise applications.
    • Product Platform: Virtuix continues to expand the Omni brand from immersive entertainment into a broader full-body simulation technology platform serving multiple commercial and government markets.
  • Market and Competitive Landscape:

    • The company's technology is deployed across consumer entertainment, defense training and simulation, robotics, healthcare, research, and enterprise applications.
    • Current and past customers and partners include Meta, NASA, Tesla, KBR, and Sirica Therapeutics.
    • Federal and defense programs involve the U.S. Army, Marine Corps, Navy, and Air Force.
  • Risks and Challenges:

    • Final results may differ from preliminary expectations due to the completion of financial closing procedures.
    • The company faces dependence on its relationship with Meta and on consumer demand for Omni One.
    • Risks include the ability to achieve market acceptance in new markets and applications.
    • Potential challenges in identifying, negotiating, and completing acquisitions on favorable terms or at all, and successfully integrating any acquired business.
    • Risks related to government contracting, including contract cancellations, modifications, or funding changes.
    • General uncertainties related to market conditions.
  • Management Commentary and Tone:

    • Jan Goetgeluk, Chairman and CEO, expressed excitement about the anticipated standout quarter, citing meaningful growth in Omni One revenues and accelerating momentum in the defense business.
    • Management described the developments as reflecting the strength of execution and significant growth opportunities.
    • CEO Jan Goetgeluk and CFO Thomas McGinnis will host the conference call to present a detailed overview of performance, commercial traction, and key growth initiatives.
  • Other Key Points:

    • Virtuix will host a conference call on Monday, November 16, 2026, at 8:30 a.m. Eastern Time to discuss results and commercial developments.
    • A telephone replay will be available starting approximately three hours after the call through November 30, 2026.
    • The presentation utilized during the call will be available on the Company's investor relations website.
    • The company maintains a new Investor Relations website at invest.virtuix.com.
    • The press release includes a standard cautionary note regarding forward-looking statements and risks associated with the Company's filings with the SEC.
Company
VIRTUIX HOLDINGS INC
Sector
Technology
Industry
Computer Hardware