The earnings call highlighted strategic initiatives such as the potential IPO spin-off of Brightline and the traction of Foretell AI. However, these positives were tempered by a significant revenue decrease and increased EBITDA loss, reflecting challenges in the current fiscal period.

Company Guidance

During the Q1 Fiscal Year 2026 earnings call, The Glimpse Group reported a revenue of approximately $1.4 million, marking a 43% decline from the previous year's $2.4 million in the same quarter. This decrease was attributed to the timing of Department of War contracts and U.S. government budgetary delays, alongside the divestiture of noncore entities. Despite the revenue drop, the gross margin improved to approximately 72% from the prior year's 68%. The adjusted EBITDA loss stood at $0.92 million, up from $0.46 million in the previous year, reflecting the revenue challenges. The company maintained a strong cash position with $5.56 million in cash and equivalents and $0.66 million in accounts receivable, while having no debt or preferred equity. A significant focus was placed on the potential IPO spin-off of its subsidiary, Brightline Interactive, and the ongoing traction of its AI software product, Foretell AI, particularly in education and healthcare sectors.

Brightline IPO Spin-off Initiative

The company is advancing the potential IPO spin-off of its subsidiary, Brightline Interactive, with expectations for it to occur in the first half of calendar year 2026. This strategic move is aimed at creating a stand-alone, well-capitalized provider of AI-driven spatial computing solutions.

Success in Key Contracts

Brightline Interactive made an initial successful delivery on a multimillion-dollar annual spatial core contract with the Department of War, showcasing significant strategic progress.

Foretell AI Gaining Traction

The AI software product, Foretell AI, is gaining traction in the education and healthcare segments with an accelerating pace of new licenses and annual license renewals.

High Gross Margin

Gross margin for Q1 fiscal year '26 was approximately 72%, an increase from 68% in fiscal year '25.

Strong Financial Position

The company maintains a clean capital structure with approximately $5.56 million in cash and equivalents, and no debt or convertible debt.

Glimpse Group (VRAR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

VRAR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 18, 2026	2026 (Q2)	-0.03 / -	0	―	―	―
Nov 13, 2025	2026 (Q1)	- / -0.05	-0.06	16.67% (<+0.01)	―
Sep 30, 2025	2025 (Q4)	-0.06 / -0.05	-0.06	16.67% (<+0.01)	―
May 15, 2025	2025 (Q3)	-0.02 / -0.07	-0.09	22.22% (+0.02)	―
Feb 13, 2025	2025 (Q2)	-0.04 / 0.00	-0.04	―	―
Nov 14, 2024	2025 (Q1)	- / -	-0.01	―	―
Sep 30, 2024	2024 (Q4)	-0.06 / -0.06	-0.01	-500.00% (-0.05)	―
May 15, 2024	2024 (Q3)	-0.10 / -0.09	-0.38	76.32% (+0.29)	―
Feb 14, 2024	2024 (Q2)	-0.13 / -0.04	0.07	-157.14% (-0.11)	―
Nov 14, 2023	2024 (Q1)	-0.14 / -0.01	-0.4	97.50% (+0.39)	―

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

VRAR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 13, 2025	$1.29	$1.20	-6.98%
Sep 30, 2025	$1.81	$1.64	-9.39%
May 15, 2025	$1.16	$1.38	+18.97%
Feb 13, 2025	$1.75	$1.81	+3.43%

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 Glimpse Group (VRAR) report earnings?

Glimpse Group (VRAR) is schdueled to report earning on Feb 18, 2026, After Close (Confirmed).

What is Glimpse Group (VRAR) earnings time?

Glimpse Group (VRAR) earnings time is at Feb 18, 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 VRAR EPS forecast?

VRAR EPS forecast for the fiscal quarter 2026 (Q2) is -0.03.

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