zSpace Q4 revenue falls 44% YoY to $4.8M; net loss widens to $7.3M, cash drops to $1.0M

zSpace, Inc.

Q4 2025 revenue $4.8M (down 44% YoY); full year $27.9M (down 27% YoY).
Net loss widened to $7.3M Q4 / $25.4M FY from $3.6M / $20.8M a year ago.
Gross margin improved to 49% Q4 / 48% FY (up 840 / 670 bps) on cost cuts and higher software mix.
Cash and restricted cash fell to $1.0M from $4.9M; recent $3M investment and $4.3M note added liquidity.
Software/services mix rose to 53% of Q4 revenue; bookings down 21% YoY to $3.4M.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

zSpace, Inc. reported the fiscal quarter and year ended December 31, 2025 results: revenue $4.8 million, net income ($7.3) million.

Period: the fiscal quarter and year ended December 31, 2025
Revenue: $4.8 million
Net income: ($7.3) million
Result: reported results

Exact text from the filing

Revenue in the fourth quarter of 2025 was $4.8 million compared to $8.5 million in the fourth quarter of 2024.

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zSpace, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-036812

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