zSpace, Inc. (ZSPC)
NASDAQ:ZSPC
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Earnings Data
Report Date
May 20, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.24Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a balanced picture: clear operational progress around software mix, gross margin expansion, new product innovation (zStylus One), notable customer wins and cost reduction actions that improve the company's path to adjusted EBITDA breakeven if revenues stabilize. However, material top-line declines, significant bookings contraction, a depleted cash position, weaker retention driven by a couple of large customers, and ongoing macro/geopolitical headwinds pose meaningful near-term risks. Management is cautiously optimistic but refrained from restoring formal guidance.Company Guidance
Software and Services Mix & Relative Outperformance
Software and services comprised the majority of revenue in Q4 (≈57%) and represented 49% of full-year revenue (up from 42% in 2024). Software and services revenue declined only ~15% year-over-year versus total revenue down 27%, helping stabilize recurring revenue quality and support margin expansion.
Gross Margin Expansion
Full-year gross margin of 47.6% (up 6.7 percentage points vs. 2024) and Q4 gross margin of 49.1% (up 8.4 percentage points vs. Q4 2024). Improvements were driven by higher software mix, product line refreshes (lower BOM costs) and increased first‑party software content.
Product Innovation — zStylus One
Launched zStylus One, an AI-enabled stylus with embedded sensors that eliminates the need for an external sensor module. Early customer and partner feedback is positive and the product is expected to facilitate hardware upgrades and broader adoption of next‑gen platforms.
Meaningful Customer Wins & Recognition
Secured several six‑figure district/program wins (Greater Altoona Career & Technology Center dental program, Mayfair High School 36‑station lab) and highlighted long-term success in Atlanta Public Schools. Career Explorer powered by Career Coach AI won Tech & Learning's Best of 2025 Award of Excellence, validating product-market value.
CTE Concentration and Traction
Career and Technical Education (CTE) remained a strong driver — CTE accounted for roughly 56% of bookings in Q4 — reflecting demand from Perkins and other annuity-like funding sources and signaling sector strength within the business mix.
Restructuring and Cost Reduction Actions
December 2025 restructuring eliminated ~50% of FTEs and reduced people costs by ~1/3; management estimates a new OpEx run rate of about $19M (ex-stock comp). These actions were intended to align costs with current revenue levels and target adjusted EBITDA close to breakeven if revenue stabilizes.
Capital and Balance Sheet Actions
Raised incremental capital (including a $3M convertible preferred investment from Planet One) and announced debt restructuring (Itria and PISA), providing additional liquidity and options to pursue international expansion when geopolitical conditions permit.
ZSPC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ZSPC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 30, 2026 | $0.11 | $0.11 | 0.00% |
Nov 13, 2025 | $0.72 | $0.74 | +3.19% |
Aug 14, 2025 | $2.54 | $2.24 | -11.81% |
May 14, 2025 | $7.06 | $6.35 | -10.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does zSpace, Inc. (ZSPC) report earnings?
zSpace, Inc. (ZSPC) is schdueled to report earning on May 20, 2026, After Close (Confirmed).
What is zSpace, Inc. (ZSPC) earnings time?
zSpace, Inc. (ZSPC) earnings time is at May 20, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ZSPC EPS forecast?
Currently, no data Available