Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data zSpace, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2025
FY2025
Revenue
38.1
27.9
Cost of revenue
22.5
14.6
Gross profit
15.6
13.3
Research and development
4.89
5.3
Selling and marketing
15.9
16.2
General and administrative
12.4
13.9
Operating expenses
33.2
35.4
Operating income
-17.7
-22.1
Interest expense
2.82
1.48
Other non-operating income
0.04
0.19
Pre-tax income
-20.8
-25.4
Income tax
0.03
0.01
Net income
-20.8
-25.4
EBITDA
-17.6
-22.1
EPS, basic
13.03
-1.01
EPS, diluted
1.03
-1.01
Shares, basic (weighted)
1.73
25
Shares, diluted (weighted)
23.1
25
Balance sheet
FY2025
FY2025
Cash and equivalents
4.86
1.02
Receivables
3.18
1.44
Inventory
3.24
2.4
Other current assets
1.66
1.62
Total current assets
12.9
6.49
Property, plant and equipment
0.02
0.04
Intangible assets
0.58
0.98
Other non-current assets
0.08
Total assets
13.5
7.59
Accounts payable
5.66
4.08
Accrued liabilities
2.07
1.15
Deferred revenue
3.32
1.91
Short-term debt
3.56
7.6
Total current liabilities
20.9
17.3
Long-term debt
6.19
10.1
Total liabilities
28.2
30.1
Total debt
9.75
17.7
Paid-in capital
275
293
Retained earnings
-290
-316
Other comprehensive income
0.33
0.14
Shareholders' equity
-14.7
-22.5
Total equity
-14.7
-22.5
Total liabilities and equity
13.5
7.59
Shares outstanding
22.8
1.29
Cash flow statement
FY2025
FY2025
Net income
-20.8
-25.4
Depreciation and amortization
0.01
0.01
Stock-based compensation
7.74
7.12
Change in receivables
1.86
1.65
Change in inventory
-0.11
0.65
Change in payables
0.92
-1.58
Cash from operations
-8.87
-18
Cash from investing
-0.01
-0.03
Stock issued
0.03
0.16
Cash from financing
10.5
14.4
Exchange rate effect
0.14
-0.23
Net change in cash
1.74
-3.84
Interest paid
1.7
0.58
Income taxes paid
0.02
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.13 on September 28, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
52.3%
Gross profit / revenue.
Operating margin
-69.6%
Operating income / revenue.
EBITDA margin
-69.5%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-81.2%
Pre-tax income / revenue.
Net margin
-81.2%
Net income / revenue.
Operating cash flow margin
-46.9%
Cash from operations / revenue.
Return on assets (ROA)
-238.1%
Net income / average total assets.
R&D / revenue
19.5%
Research and development expense / revenue.
Stock-based pay / revenue
30.6%
Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue
0.1%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-26.9%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
-14.8%
Gross profit vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
-198.1%
EPS vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-43.9%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
8.3%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.69x
Current assets / current liabilities.
Quick ratio
0.33x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.08x
(Cash + short-term investments) / current liabilities.
Debt / assets
85.0%
Total debt / total assets.
Liabilities / assets
259.2%
Total liabilities / total assets.
Net debt
$6.2M
Total debt - cash - short-term investments. Negative means more cash than debt.
Days inventory + days sales outstanding - days payables.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$0.78
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$0.96
Revenue / diluted weighted shares.
Operating cash flow per share
-$0.45
Cash from operations / diluted weighted shares.
Book value per share
-$0.36
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.20x
Market cap / revenue.
EV/Sales
0.45x
Enterprise value / revenue.
Earnings yield
-409.3%
Net income / market cap (the inverse of P/E).
What was zSpace, Inc.'s revenue in fiscal 2025?
zSpace, Inc. reported revenue of $27.9M for fiscal 2025, 26.9% lower than the year before.
Was zSpace, Inc. profitable in fiscal 2025?
No. It reported a net loss of $25.4M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.