Virtuix Q1 FY27 revenue down 26% to $0.8M; Omni One orders up 72% YoY

Virtuix Holdings Inc.

Net sales $0.8M vs $1.0M prior year (-26%) on backlog completion; new orders up 72% YoY and ~150% since Meta launch.
Gross margin expanded to 30% from 17%; gross profit up 29% to $227K.
Net loss widened to $7.2M from $2.3M; adjusted EBITDA loss $3.1M vs $1.9M; EPS loss narrowed to ($0.22).
Ended quarter with $7.4M cash, down from $9.5M at March 31, 2026.
Defense/enterprise wins: USMC trainer, Air Force SBIR, Tesla Optimus teleoperation, NASA MMEA selection.

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