Virtuix Holdings Inc. key statistics and ratios

In fiscal 2026, Virtuix Holdings Inc. had an operating margin of -242.7%, debt equal to 1264.5% of equity and a current ratio of 1.11. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Virtuix Holdings Inc.: financial ratios, annual
Fiscal year	2025Mar 2025	2026Mar 2026
Gross margin	−6.3%	24.6%
Operating margin	−395.1%	−242.7%
Net margin	−408.0%	−395.0%
Return on assets	−253.7%	−163.6%
Asset turnover	0.62	0.41
Current ratio	0.40	1.11
Debt to equity	—	>999%
Interest cover (operating income ÷ interest)	n/m	n/m
R&D as % of revenue	60.9%	19.9%

US$ thousands unless shown otherwise. Fiscal quarters.

Virtuix Holdings Inc.: financial ratios, quarterly
Quarter	2025 Q3Dec 2024	2025 Q4Mar 2025	2026 Q1Jun 2025	2026 Q3Dec 2025	2026 Q4Mar 2026	2027 Q1Jun 2026
Gross margin	−1.5%	8.7%	17.1%	30.0%	13.6%	29.6%
Operating margin	−145.2%	−167.2%	−197.8%	−191.2%	−385.2%	−508.5%
Net margin	−155.9%	−177.4%	−223.5%	−283.3%	−778.9%	−934.5%
Free-cash-flow margin	—	—	−144.6%	—	—	−430.2%
Current ratio	—	0.40	—	0.39	1.11	0.71
Debt to equity	—	—	—	—	778.7%	—
R&D as % of revenue	24.3%	12.1%	20.2%	23.5%	17.4%	40.3%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

1 of 3 checks passed · June 30, 2026

What it owns · $13m

Short-term assets $10mLonger-term assets $3m

What it owes, and who funded it · $16m

Short-term liabilities $14mLonger-term liabilities $2mShareholders' equity $-3m

Short-term assets cover short-term liabilities $10m of assets due within a year against $14m of liabilities due within a year.
Short-term assets cover long-term liabilities $10m short-term assets against $2m of longer-dated liabilities.
More cash than debt $7m of cash against $11m of debt.
Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Virtuix Holdings Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

More: Technology Hardware, Storage & Peripherals stocks compared, Technology sector, rankings of US companies

Figures from Virtuix Holdings Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Virtuix Holdings Inc.