Filing Flows › zSpace (ZSPC) › Q2 2025
zSpace (ZSPC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
zSpace (ZSPC) reported revenue of $7.5M for the second quarter 2025 (Q2 2025), -0.6% from a year earlier and +10% from the quarter before. Operating margin was -84.9%, net loss $6.1M (81.8% of revenue).
zSpace, Q2 2025: revenue $7.5M (-0.6% year over year), operating margin -84.9%, net loss $6.1M, operating cash flow −$6.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.5M | +10% | -0.6% |
| Operating profit | −$6.3M | — | — |
| Net earnings | −$6.1M | — | — |
| Operating cash flow | −$6.9M | — | — |
What changed
Revenue was $7.5M in Q2 2025, down 1% year over year and up 10% from the previous quarter. Hardware was the largest line at 58% of revenue. Software lost $253K year over year (down 10%), 575% of the total change.
Gross margin was 42.6%, up 2.1 points from a year earlier. Operating costs exceeded revenue by $6.3M, an operating margin of -84.9%. Operating expenses grew 45% against a revenue fall of 1%. The fastest-growing cost line was General & admin (+101%). The quarter ended with a net loss of $6.1M, wider than the previous quarter's $5.8M loss.
Operating cash flow was −$6.9M. Non-cash charges added back $2K of depreciation and $1.9M of share-based compensation. Working capital and other items used $2.7M.
Questions
What was zSpace's revenue in the second quarter 2025?
zSpace (ZSPC) reported revenue of $7.5M for the second quarter 2025 (Q2 2025), -0.6% from a year earlier and +10% from the quarter before.
Was zSpace profitable in the second quarter 2025?
Operating loss was $6.3M (-84.9% of revenue) and net loss $6.1M.
Source: zSpace 10-Q on SEC EDGAR.