---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-036812"
form_type: "8-K"
ticker: "ZSPC"
cik: "0001637147"
company_name: "zSpace, Inc."
filed_at: "2026-03-30T23:59:59+00:00"
generated_at: "2026-05-15T08:23:46.570852+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-036812
- form_type: 8-K
- ticker: ZSPC
- cik: 0001637147
- company_name: zSpace, Inc.
- filed_at: 2026-03-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637147/000110465926036812/0001104659-26-036812-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637147/000110465926036812/zspc-20260330x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-036812
- JSON: https://secwatch.observer/filing/0001104659-26-036812.json
- Plain text: https://secwatch.observer/filing/0001104659-26-036812.txt

## Key facts
- Earnings Releases
  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
  source text: Revenue in the fourth quarter of 2025 was $4.8 million compared to $8.5 million in the fourth quarter of 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637147/000110465926036812/0001104659-26-036812-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.