zSpace Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	27.86	38.1	43.92	35.78
Revenue Growth (YoY)	-26.88%	-13.26%	22.74%	-
Cost of Revenue	14.6	22.53	27.03	22.66
Gross Profit	13.26	15.57	16.89	13.13
Selling, General & Admin	30.1	28.33	19.61	18.37
Research & Development	5.3	4.89	4.22	4.67
Operating Expenses	35.4	33.23	23.83	23.03
Operating Income	-22.14	-17.66	-6.93	-9.9
Interest Expense	-1.48	-2.82	-2.9	-3.7
Other Non Operating Income (Expenses)	0.19	0.04	0.02	-0.2
EBT Excluding Unusual Items	-23.43	-20.43	-9.81	-13.8
Legal Settlements	-	-	-1.68	-
Other Unusual Items	-1.95	-0.36	-1.54	-1.33
Pretax Income	-25.37	-20.79	-13.03	-15.13
Income Tax Expense	0.01	0.03	0	0.04
Net Income	-25.39	-20.82	-13.04	-15.17
Preferred Dividends & Other Adjustments	-	-43.35	6.23	10.17
Net Income to Common	-25.39	22.52	-19.27	-25.34
Shares Outstanding (Basic)	1	0	-	-
Shares Outstanding (Diluted)	1	1	-	-
Shares Change (YoY)	8.27%	-	-	-
EPS (Basic)	-25.35	325.84	-	-
EPS (Diluted)	-25.35	25.67	-	-
Free Cash Flow	-18	-8.89	-6.42	-8.91
Free Cash Flow Per Share	-17.97	-9.61	-	-
Gross Margin	47.60%	40.87%	38.46%	36.69%
Operating Margin	-79.48%	-46.35%	-15.78%	-27.67%
Profit Margin	-91.13%	59.12%	-43.87%	-70.81%
Free Cash Flow Margin	-64.59%	-23.33%	-14.61%	-24.91%
EBITDA	-22.13	-17.65	-6.9	-9.85
EBITDA Margin	-79.44%	-46.32%	-15.71%	-27.54%
D&A For EBITDA	0.01	0.01	0.03	0.05
EBIT	-22.14	-17.66	-6.93	-9.9
EBIT Margin	-79.48%	-46.35%	-15.78%	-27.67%

Source: S&P Capital IQ. Standard template. Financial Sources.