Filing Flows › zSpace (ZSPC) › Q1 2026 › vs Q4 2025
zSpace (ZSPC) Q1 2026 vs Q4 2025 (quarter over quarter)
zSpace's revenue rose $404K (+8%) from $4.8M in Q4 2025 to $5.3M in Q1 2026. The biggest changes: Hardware +$495K (+22%); Services −$161K (-25%); Software +$70K (+4%).
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 Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Hardware | $2.8M | $2.3M | $495K | +22% |
| Software | $2.0M | $1.9M | $70K | +4% |
| Services | $495K | $656K | −$161K | -25% |
| Revenue | $5.3M | $4.8M | $404K | +8% |
| Net loss | $6.6M | $7.3M | −$728K | -10% |
| Costs & expenses | $11.8M | $12.1M | −$324K | -3% |
| Operating costs | $9.2M | $10.5M | −$1.3M | -12% |
| Interest & other, net | $2.6M | $1.6M | $976K | +59% |
| Cost of revenue | $2.5M | $2.5M | −$1K | 0% |
| Research & development | $992K | $1.4M | −$369K | -27% |
| Sales & marketing | $2.4M | $3.9M | −$1.5M | -39% |
| General & admin | $3.3M | $2.7M | $600K | +22% |
| Operating cash sources | $6.6M | $7.3M | −$728K | -10% |
| Depreciation | $3K | $3K | $0 | 0% |
| Share-based compensation | $1.6M | $1.9M | −$377K | -20% |
| Working capital & other | $2.0M | $1.4M | $572K | +41% |
| Cash used in operations | $3.0M | $3.9M | −$923K | -23% |
| Net loss absorbed | $6.6M | $7.3M | −$728K | -10% |
Questions
How much did zSpace's revenue grow quarter over quarter in Q1 2026?
zSpace's revenue rose $404K (+8%) from $4.8M in Q4 2025 to $5.3M in Q1 2026.
What drove zSpace's revenue change in Q1 2026?
Hardware +$495K (+22%); Services −$161K (-25%); Software +$70K (+4%).