---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-011560"
form_type: "8-K"
ticker: "ZSPC"
cik: "0001637147"
company_name: "zSpace, Inc."
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:14:02.603417+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# zSpace Q2 2025 revenue flat at $7.5M; net loss widens to $6.1M, bookings down 54%

## Summary
- Revenue of $7.5M unchanged YoY; net loss ($6.1M) vs ($4.7M) in Q2 2024.
- Gross margin improved to 43% from 40%, up 213 bps on better hardware costs.
- Bookings $7.2M, down 54% YoY; management cites education funding uncertainty.
- ACV of renewable software $10.9M (+11% YoY); NDRR for >$50k customers 131%.
- Cash and restricted cash $1.4M, down from $3.0M a year ago.

## SEC filing metadata
- accession: 0001558370-25-011560
- form_type: 8-K
- ticker: ZSPC
- cik: 0001637147
- company_name: zSpace, Inc.
- filed_at: 2025-08-14T23:59:59+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/1637147/000155837025011560/0001558370-25-011560-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637147/000155837025011560/zspc-20250814x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-011560
- JSON: https://secwatch.observer/filing/0001558370-25-011560.json
- Plain text: https://secwatch.observer/filing/0001558370-25-011560.txt

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