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zSpace, Inc.

EDGAR

ZSPC Quarterly report (10-Q) · filed 2026-08-14

Annual consolidated revenue for 2025: about Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 27.86M, using the latest reported figures. The previous period, 2024, was about Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 38.1M.

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Watchlist

Latest quarter

Revenue

5.4 million Unit_Standard_USD_vbNcG3aVdkWo8v6fwxEDTg

2026 Q2 · Unit_Standard_USD_vbNcG3aVdkWo8v6fwxEDTg

Exact inputs and evidence

Revenue: 5396000 Unit_Standard_USD_vbNcG3aVdkWo8v6fwxEDTg Source

Operating margin

-47.02%

2026 Q2 · %

Exact inputs and evidence

Operating Income: -2537000 Unit_Standard_USD_vbNcG3aVdkWo8v6fwxEDTg Source
Revenue: 5396000 Unit_Standard_USD_vbNcG3aVdkWo8v6fwxEDTg Source

Cash and cash equivalents: Not available
Long-term debt including current maturities: 7.04 million Unit_Standard_USD_vbNcG3aVdkWo8v6fwxEDTg 2026-06-30 Source
Exact value

7040000 Unit_Standard_USD_vbNcG3aVdkWo8v6fwxEDTg
Shares outstanding: 37.1 million Unit_Standard_shares_8Yet9LP9CEWmq1zn1lJaeQ 2026-06-30 Source
Exact value

37058212 Unit_Standard_shares_8Yet9LP9CEWmq1zn1lJaeQ

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-14.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 2 of 11 periods available· newest 2025-12-31
Operating income: 2 of 11 periods available· newest 2025-12-31
Net income: 2 of 11 periods available· newest 2025-12-31
Operating cash flow: 2 of 11 periods available· newest 2025-12-31
capital expenditure: No compatible figures in this window
Total assets: Multiple units; comparison withheld· newest 2025-12-31
Total liabilities: Multiple units; comparison withheld· newest 2025-12-31
Current assets: Multiple units; comparison withheld· newest 2025-12-31
Current liabilities: Multiple units; comparison withheld· newest 2025-12-31
cash and cash equivalents: No compatible figures in this window
Long-term debt including current maturities: 1 of 11 periods available· newest 2025-12-31
Shares outstanding: Multiple units; comparison withheld· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
-26.9%

Prior period

Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 38.1 million

2024-01-01 – 2024-12-31
Current period

Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 27.86 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

27858000 − 38098000 = -10240000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg

38098000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
27858000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · zSpace, Inc. · 2025-12-31 zSpace, Inc. (edgar:1637147) Year-over-year change in Revenue: -10240000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T03:03:07Z Snapshot: 9ff9cb677882fb65976e9dd44773812bf2f647a18376fcc3207ec7574b4b1b2d Dimensions: Consolidated View: https://fundies.io/companies/edgar/1637147?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 27858000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1637147/000110465926036940/zspc-20251231x10k.htm#1625783 Filing: 000110465926036940 Input fundies:Revenue: 38098000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1637147/000110465926036940/zspc-20251231x10k.htm#1626988 Filing: 000110465926036940
The citation records this snapshot. The page link may show a newer release later.
Net income
−Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 4.57 million

Prior period

−Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 20.82 million

2024-01-01 – 2024-12-31
Current period

−Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 25.39 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

-25388000 − -20823000 = -4565000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg

-20823000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
-25388000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · zSpace, Inc. · 2025-12-31 zSpace, Inc. (edgar:1637147) Year-over-year change in Net income: -4565000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T03:03:07Z Snapshot: 9ff9cb677882fb65976e9dd44773812bf2f647a18376fcc3207ec7574b4b1b2d Dimensions: Consolidated View: https://fundies.io/companies/edgar/1637147?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -25388000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1637147/000110465926036940/zspc-20251231x10k.htm#2243092 Filing: 000110465926036940 Input fundies:NetIncome: -20823000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1637147/000110465926036940/zspc-20251231x10k.htm#2244047 Filing: 000110465926036940
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
−Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 9.1 million

Prior period

−Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 8.9 million

2024-01-01 – 2024-12-31
Current period

−Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 18 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

-18000000 − -8900000 = -9100000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg

-8900000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
-18000000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · zSpace, Inc. · 2025-12-31 zSpace, Inc. (edgar:1637147) Year-over-year change in Operating cash flow: -9100000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T03:03:07Z Snapshot: 9ff9cb677882fb65976e9dd44773812bf2f647a18376fcc3207ec7574b4b1b2d Dimensions: Consolidated View: https://fundies.io/companies/edgar/1637147?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: -18000000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1637147/000110465926036940/zspc-20251231x10k.htm#1432976 Filing: 000110465926036940 Input fundies:OperatingCashFlow: -8900000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1637147/000110465926036940/zspc-20251231x10k.htm#1433299 Filing: 000110465926036940
The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

Revenue Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 27.86 million 100% of revenue
Cost of revenue Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 14.6 million 52% of revenue
Operating expenses Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 35.4 million 127% of revenue
Operating income −Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 22.14 million −79% of revenue
Tax, interest and other Derived Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 3.25 million 12% of revenue
Net income −Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 25.39 million −91% of revenue

Cash

Operating cash flow −Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 18 million −65% of revenue
Capital expenditure Unavailable An input is unavailable.
Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2024 Operating loss: operating costs were 146% of revenue.
2025 Operating loss: operating costs were 179% of revenue.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2024 2024-01-01 – 2024-12-31	38098000	55756000 Derived	-17658000	3165000 Derived	-20823000	Unavailable	Source 2024-01-01 – 2024-12-31: 38098000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Inspect Revenue Open source 2024-01-01 – 2024-12-31: -17658000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Inspect Operating Income Open source 2024-01-01 – 2024-12-31: -20823000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Inspect Net Income Open source 2024-01-01 – 2024-12-31: -8900000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Inspect Operating Cash Flow Open source
2025 2025-01-01 – 2025-12-31	27858000	49999000 Derived	-22141000	3247000 Derived	-25388000	Unavailable	Source 2025-01-01 – 2025-12-31: 27858000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Inspect Revenue Open source 2025-01-01 – 2025-12-31: -22141000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Inspect Operating Income Open source 2025-01-01 – 2025-12-31: -25388000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Inspect Net Income Open source 2025-01-01 – 2025-12-31: -18000000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Inspect Operating Cash Flow Open source

Amounts are exact, in Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 27.9M 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg)	Source evidence
20242024-12-31	Revenue	38098000	Revenue: 38098000 Open source
20252025-12-31	Revenue	27858000	Revenue: 27858000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

-26.9% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20242024-12-31	Year over year	No prior comparable period	Revenue: 38098000 Open source
20252025-12-31	Year over year	-26.9%	Revenue: 27858000 Open source Revenue: 38098000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -79.5% 2025

Net margin -91.1% 2025

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20242024-12-31	Operating margin	-46.3%	Operating Income: -17658000 Open source Revenue: 38098000 Open source
20252025-12-31	Operating margin	-79.5%	Operating Income: -22141000 Open source Revenue: 27858000 Open source
20242024-12-31	Net margin	-54.7%	Net Income: -20823000 Open source Revenue: 38098000 Open source
20252025-12-31	Net margin	-91.1%	Net Income: -25388000 Open source Revenue: 27858000 Open source
20242024-12-31	Free cash flow margin	Not reported	Revenue: 38098000 Open source Operating Cash Flow: -8900000 Open source
20252025-12-31	Free cash flow margin	Not reported	Revenue: 27858000 Open source Operating Cash Flow: -18000000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg -18M 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg)	Source evidence
20242024-12-31	Operating cash flow	-8900000	Operating Cash Flow: -8900000 Open source
20252025-12-31	Operating cash flow	-18000000	Operating Cash Flow: -18000000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.

Values and sources

Free cash flow values and source evidence
Period	Series	Value(Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg)	Source evidence
20242024-12-31	Free cash flow	Unavailable	Operating Cash Flow: -8900000 Open source
20252025-12-31	Free cash flow	Unavailable	Operating Cash Flow: -18000000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2024-12-31	Liabilities / assets	Not reported	No source recorded
2025-12-31	Liabilities / assets	Not reported	No source recorded

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
2024-12-31	Current assets / current liabilities	Not reported	No source recorded
2025-12-31	Current assets / current liabilities	Not reported	No source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2024 2024-01-01 – 2024-12-31	−Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 20.82 million Exact value Exact value: -20823000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 2024-01-01 – 2024-12-31: -20823000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Inspect Net Income Open source Share or cite Citation for Net Income · zSpace, Inc. · 2024-12-31 zSpace, Inc. (edgar:1637147) Net Income: -20823000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Concept: fundies:NetIncome Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T03:03:07Z Snapshot: 9ff9cb677882fb65976e9dd44773812bf2f647a18376fcc3207ec7574b4b1b2d Dimensions: Consolidated View: https://fundies.io/companies/edgar/1637147/explain?concept=fundies%3ANetIncome&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg&dimensions= Input fundies:NetIncome: -20823000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1637147/000110465926036940/zspc-20251231x10k.htm#2244047 Filing: 000110465926036940 The citation records this snapshot. The page link may show a newer release later.	−Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 8.9 million Exact value Exact value: -8900000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 2024-01-01 – 2024-12-31: -8900000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · zSpace, Inc. · 2024-12-31 zSpace, Inc. (edgar:1637147) Operating Cash Flow: -8900000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T03:03:07Z Snapshot: 9ff9cb677882fb65976e9dd44773812bf2f647a18376fcc3207ec7574b4b1b2d Dimensions: Consolidated View: https://fundies.io/companies/edgar/1637147/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg&dimensions= Input fundies:OperatingCashFlow: -8900000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1637147/000110465926036940/zspc-20251231x10k.htm#1433299 Filing: 000110465926036940 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2025 2025-01-01 – 2025-12-31	−Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 25.39 million Exact value Exact value: -25388000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 2025-01-01 – 2025-12-31: -25388000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Inspect Net Income Open source Share or cite Citation for Net Income · zSpace, Inc. · 2025-12-31 zSpace, Inc. (edgar:1637147) Net Income: -25388000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T03:03:07Z Snapshot: 9ff9cb677882fb65976e9dd44773812bf2f647a18376fcc3207ec7574b4b1b2d Dimensions: Consolidated View: https://fundies.io/companies/edgar/1637147/explain?concept=fundies%3ANetIncome&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg&dimensions= Input fundies:NetIncome: -25388000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1637147/000110465926036940/zspc-20251231x10k.htm#2243092 Filing: 000110465926036940 The citation records this snapshot. The page link may show a newer release later.	−Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 18 million Exact value Exact value: -18000000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg 2025-01-01 – 2025-12-31: -18000000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · zSpace, Inc. · 2025-12-31 zSpace, Inc. (edgar:1637147) Operating Cash Flow: -18000000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T03:03:07Z Snapshot: 9ff9cb677882fb65976e9dd44773812bf2f647a18376fcc3207ec7574b4b1b2d Dimensions: Consolidated View: https://fundies.io/companies/edgar/1637147/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg&dimensions= Input fundies:OperatingCashFlow: -18000000 Unit_Standard_USD_Aiiu6j4qAk-6zfLfu6GAqg (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1637147/000110465926036940/zspc-20251231x10k.htm#1432976 Filing: 000110465926036940 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

13 filings · 1,088 latest values · 1,088 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001637147, 1637147, ZSPC, edgar:1637147

Also known as ZSPACE, INC., ZSPACE, INC., ZSpace, Inc., zSpace, Inc.

zSpace, Inc.

Latest quarter

Revenue

Operating margin

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Where revenue goes

2025 2025-01-01 – 2025-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation