The Glimpse Group, Inc. (VRAR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 657.46K | 1.3M | 1.4M | 3.5M | 1.42M | 3.17M | 2.44M | 1.73M | 1.9M | 2.08M | 3.1M | 2.91M | 3.67M | 2.95M | 3.95M | 2.5M | 2.05M | 1.69M | 1.02M | 986.94K |
| Revenue Growth % | -53.77% | -58.99% | -42.64% | 102.54% | -24.97% | 52.61% | -21.47% | -40.61% | -48.38% | -29.63% | -21.42% | 16.21% | 78.94% | 74.59% | 286.4% | 153.59% | 124.35% | 34.14% | - | - |
| Cost of Goods Sold | 73.36K | 510.23K | 390.88K | 1.35M | 402.21K | 1.14M | 515.3K | 534.98K | 569.46K | 655.51K | 1.18M | 952.6K | 1.22M | 875.28K | 1.21M | 513.01K | 370.5K | 212.25K | 145.39K | 183.3K |
| COGS % of Revenue | 11.16% | 39.26% | 27.95% | 38.49% | 28.28% | 36.1% | 21.13% | 30.97% | 30.04% | 31.57% | 38.05% | 32.75% | 33.32% | 29.67% | 30.74% | 20.5% | 18.05% | 12.56% | 14.22% | 18.57% |
| Gross Profit | 584.1K | 789.47K | 1.01M | 2.15M | 1.02M | 2.02M | 1.92M | 1.19M | 1.33M | 1.42M | 1.92M | 1.96M | 2.45M | 2.08M | 2.74M | 1.99M | 1.68M | 1.48M | 877.15K | 803.64K |
| Gross Margin % | 88.84% | 60.74% | 72.05% | 61.51% | 71.72% | 63.9% | 78.87% | 69.03% | 69.96% | 68.43% | 61.95% | 67.25% | 66.68% | 70.34% | 69.26% | 79.5% | 81.95% | 87.44% | 85.78% | 81.43% |
| Gross Profit Growth % | -42.74% | -61.01% | -47.6% | 80.49% | -23.09% | 42.51% | -0.02% | -39.04% | -45.84% | -31.53% | -29.71% | -1.71% | 45.61% | 40.43% | 211.97% | 147.59% | 425.26% | 107.07% | - | - |
| Operating Expenses | 13.29M | 2.05M | 2.34M | 2.28M | 2.6M | 2.02M | 2.96M | 5.22M | 2.93M | 2.23M | 2.09M | 21.28M | 7.73M | 843.63K | 8.17M | 2.98M | 4.06M | 3.05M | 2.27M | 2.32M |
| OpEx % of Revenue | 2021.38% | 157.82% | 167.65% | 65.29% | 183.14% | 63.68% | 121.31% | 302.31% | 154.54% | 107.56% | 67.45% | 731.66% | 210.47% | 28.59% | 206.76% | 119.22% | 197.74% | 180.67% | 222.37% | 235.07% |
| Selling, General & Admin | 899.74K | 1.15M | 1.3M | 1.28M | 1.65M | 1.23M | 1.68M | 1.6M | 1.79M | 1.81M | 1.91M | 3.82M | 2.59M | 3M | 3.12M | 2.78M | 2.15M | 1.86M | 1.28M | 1.13M |
| SG&A % of Revenue | 136.85% | 88.31% | 93.18% | 36.7% | 115.9% | 38.8% | 68.84% | 92.52% | 94.62% | 87.18% | 61.51% | 131.2% | 70.64% | 101.6% | 78.96% | 111.07% | 104.56% | 110.22% | 125.61% | 114.65% |
| Research & Development | 1.53M | 894.39K | 973.4K | 884.69K | 829.82K | 659.7K | 1.12M | 1.25M | 1.14M | 1.39M | 1.68M | 2.1M | 2.16M | 2.53M | 2M | 2.07M | 1.91M | 1.19M | 989.38K | 1.19M |
| R&D % of Revenue | 233.07% | 68.81% | 69.6% | 25.29% | 58.35% | 20.82% | 45.95% | 72.14% | 59.97% | 67.03% | 54.13% | 72.26% | 58.74% | 85.84% | 50.68% | 82.56% | 93.18% | 70.44% | 96.76% | 120.43% |
| Other Operating Expenses | 1000K | 9.07K | 68.06K | 115.46K | 126.55K | 128.7K | 158.86K | 1000K | -944 | -968.7K | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 0 | 0 | 0 | 0 |
| Operating Income | -12.71M | -1.26M | -1.34M | -132.13K | -1.58M | 6.93K | -1.03M | -4.03M | -1.6M | -812.57K | -170.72K | -19.32M | -5.28M | 1.23M | -5.43M | -993.93K | -2.38M | -1.58M | -1.4M | -1.52M |
| Operating Margin % | -1932.54% | -97.08% | -95.59% | -3.78% | -111.42% | 0.22% | -42.44% | -233.29% | -84.58% | -39.13% | -5.5% | -664.42% | -143.79% | 41.74% | -137.51% | -39.71% | -115.8% | -93.23% | -136.59% | -153.65% |
| Operating Income Growth % | -701.79% | -18315.06% | -29.19% | 96.72% | 1.16% | 100.85% | -506.2% | 79.15% | 69.64% | -165.97% | 96.86% | -1844.2% | -122.2% | 178.17% | -288.99% | 34.46% | -88.27% | -127.22% | - | - |
| EBITDA | -12.68M | -1.24M | -1.27M | -14.46K | -1.47M | 107.46K | -783.92K | -3.71M | -1.28M | -491.04K | 228.2K | -18.78M | -4.69M | 1.81M | -4.96M | -735.37K | -2.2M | -1.5M | -1.37M | -1.51M |
| EBITDA Margin % | -1929.13% | -95.61% | -91.01% | -0.41% | -103.13% | 3.39% | -32.15% | -214.71% | -67.68% | -23.65% | 7.35% | -645.6% | -127.73% | 61.37% | -125.43% | -29.38% | -107.08% | -88.78% | -133.88% | -152.75% |
| EBITDA Growth % | -764.68% | -1256.33% | -62.38% | 99.61% | -14.33% | 121.88% | -443.52% | 80.25% | 72.65% | -127.12% | 104.6% | -2453.37% | -113.44% | 220.69% | -262.02% | 51.22% | -74.93% | -118.37% | - | - |
| D&A (Non-Cash Add-back) | 0 | 19.13K | 64.07K | 117.67K | 117.85K | 100.54K | 250.98K | 320.87K | 320.3K | 321.54K | 398.92K | 547.14K | 589.72K | 579.12K | 477.02K | 258.56K | 178.79K | 75.13K | 27.72K | 8.89K |
| EBIT | -12.68M | -1.26M | -1.32M | -117.21K | -1.56M | 35.09K | -1M | -1.94M | -1.9M | -2.07M | -2.04M | -4.47M | -2.85M | -4M | -2.83M | -982.52K | -2.38M | -1.58M | -1.4M | -2.76M |
| Net Interest Income | 22.38K | 36.17K | 63.71K | 70K | 82.46K | 18.95K | 20.71K | 35.23K | 61.05K | 74.21K | 51.28K | 57.6K | 57.92K | 76.72K | 50.15K | 11.41K | 1.06K | 134 | 19.62K | -77.11K |
| Interest Income | 22.38K | 36.17K | 63.71K | 70K | 82.46K | 18.95K | 20.71K | 35.23K | 61.05K | 74.21K | 51.28K | 57.6K | 57.92K | 76.72K | 50.15K | 11.41K | 1.06K | 134 | 19.62K | 5.09K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 82.2K |
| Other Income/Expense | 22.38K | 36.17K | 303.71K | 70K | 82.46K | 18.95K | 20.71K | 35.23K | 61.05K | 74.21K | 51.28K | 57.6K | 57.92K | 76.72K | 50.15K | 11.41K | 624.89K | 134 | -260.11K | -1.24M |
| Pretax Income | -12.68M | -1.23M | -1.03M | -62.13K | -1.5M | 25.87K | -1.01M | -3.99M | -1.54M | -738.37K | -119.44K | -19.27M | -5.22M | 1.31M | -5.38M | -982.52K | -1.75M | -1.58M | -1.66M | -2.76M |
| Pretax Margin % | -1929.13% | -94.3% | -73.88% | -1.78% | -105.62% | 0.82% | -41.59% | -231.25% | -81.36% | -35.56% | -3.85% | -662.44% | -142.21% | 44.34% | -136.24% | -39.26% | -85.35% | -93.22% | -162.03% | -279.78% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 81.77K |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -2.96% |
| Net Income | -12.68M | -1.23M | -1.03M | -62.13K | -1.5M | 25.87K | -1.01M | -3.99M | -1.54M | -738.37K | -119.44K | -19.27M | -5.22M | 1.31M | -5.38M | -982.52K | -1.75M | -1.58M | -1.66M | -2.84M |
| Net Margin % | -1929.13% | -94.3% | -73.88% | -1.78% | -105.62% | 0.82% | -41.59% | -231.25% | -81.36% | -35.56% | -3.85% | -662.44% | -142.21% | 44.34% | -136.24% | -39.26% | -85.35% | -93.22% | -162.03% | -288.07% |
| Net Income Growth % | -744.31% | -4837.13% | -1.88% | 98.44% | 2.6% | 103.5% | -749.1% | 79.27% | 70.47% | -156.43% | 97.78% | -1860.91% | -198.16% | 183.05% | -224.89% | 65.44% | -42.39% | -112.58% | - | - |
| Net Income (Continuing) | -12.68M | -1.23M | -1.03M | -62.13K | -1.5M | 25.87K | -1.01M | -3.99M | -1.54M | -738.37K | -119.44K | -19.27M | -5.22M | 1.31M | -5.38M | -982.52K | -1.75M | -1.58M | -1.66M | -2.84M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.60 | -0.06 | -0.05 | -0.00 | -0.07 | 0.00 | -0.06 | -0.24 | -0.09 | -0.04 | -0.01 | -1.31 | -84567.57 | 0.64 | -0.40 | 0.08 | -0.14 | -0.14 | -0.17 | -0.30 |
| EPS Growth % | -739.16% | - | 18.17% | 98.75% | 20.29% | 102.48% | - | 81.68% | 100% | -106.92% | 97.97% | -1823.68% | -60405307.14% | 557.14% | -135.29% | 125.33% | -7.69% | -80.41% | - | - |
| EPS (Basic) | -0.60 | -0.06 | -0.05 | -0.00 | -0.07 | 0.00 | -0.06 | -0.24 | -0.09 | -0.04 | -0.01 | -1.31 | -84567.57 | 0.89 | -0.40 | 0.08 | -0.14 | -0.14 | -0.17 | -0.30 |
| Diluted Shares Outstanding | 21.08M | 21.08M | 21.06M | 21.06M | 21M | 24.52M | 18.16M | 16.68M | 17.2M | 16.67M | 14.73M | 14.7M | 13.78M | 13.55M | 13.32M | 11.73M | 12.6M | 11.64M | 9.97M | 9.55M |
| Basic Shares Outstanding | 21.08M | 21.08M | 21.06M | 21.06M | 21M | 18.36M | 18.16M | 16.68M | 17.2M | 16.67M | 14.73M | 14.7M | 13.78M | 13.78M | 13.32M | 11.73M | 12.6M | 11.25M | 9.97M | 9.55M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |