Virtuix 9M sales up 41% to $3M, gross margin 29%; appoints new independent director

Virtuix Holdings Inc.

Net sales for nine months ended Dec 31, 2025: $3.0M (+41% YoY); gross margin improved to 29% vs (17%).
Q3 net sales $1.0M (-24% vs prior year Q3 which had large preorder backlog); new orders up 60% in Dec 2025.
Operating expenses decreased 45% to $6.3M; net loss improved to $6.9M from $12.0M (including $4.7M one-time stock comp).
Cash and equivalents $1.1M as of Dec 31, 2025, up from $0.5M at Mar 31, 2025.
Appointed Brett Moyer (CFO of Datavault AI) as independent Class III director effective Mar 9, 2026; standard compensation.

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