Filing Flows

Filing Flows › zSpace (ZSPC) › Q1 2026 › vs Q1 2025

zSpace (ZSPC) Q1 2026 vs Q1 2025 (year over year)

zSpace's revenue fell $1.5M (-22%) from $6.8M in Q1 2025 to $5.3M in Q1 2026. The biggest changes: Hardware −$1.0M (-27%); Services −$483K (-49%); Software +$9K (+0.5%).

zSpace, Q1 2026: revenue $5.3M (-22% year over year), operating margin -74.9%, net loss $6.6M, operating cash flow −$3.0M. The chart draws each line against Q1 2025, the increases inside each band.

zSpace: what changed, Q1 2026 vs Q1 2025zSpace: what changed, Q1 2026 vs Q1 2025Operating costs−$3.0MInterest & other, net$2.2MWorking capital & other$1.8MCash used in operations−$1.6MSales & marketing−$1.6MCost of revenue−$1.1MHardware−$1.0MCosts & expenses−$783KNet loss$725KOperating cash sources$725K

Every line

LineQ1 2026Q1 2025Change%
Hardware$2.8M$3.8M−$1.0M-27%
Software$2.0M$2.0M$9K+0.5%
Services$495K$978K−$483K-49%
Revenue$5.3M$6.8M−$1.5M-22%
Net loss$6.6M$5.8M$725K+12%
Costs & expenses$11.8M$12.6M−$783K-6%
Operating costs$9.2M$12.1M−$3.0M-24%
Interest & other, net$2.6M$446K$2.2M+489%
Cost of revenue$2.5M$3.6M−$1.1M-31%
Research & development$992K$1.1M−$103K-9%
Sales & marketing$2.4M$4.0M−$1.6M-40%
General & admin$3.3M$3.5M−$180K-5%
Operating cash sources$6.6M$5.8M$725K+12%
Depreciation$3K$1K$2K+200%
Share-based compensation$1.6M$973K$578K+59%
Working capital & other$2.0M$217K$1.8M+813%
Cash used in operations$3.0M$4.6M−$1.6M-35%
Net loss absorbed$6.6M$5.8M$725K+12%

Questions

How much did zSpace's revenue grow year over year in Q1 2026?

zSpace's revenue fell $1.5M (-22%) from $6.8M in Q1 2025 to $5.3M in Q1 2026.

What drove zSpace's revenue change in Q1 2026?

Hardware −$1.0M (-27%); Services −$483K (-49%); Software +$9K (+0.5%).

Q1 2026 results → · Compare in the interactive Sankey →