VRAR

MKT CAP:$12M

The Glimpse Group, Inc.

Market Cap

$12M

Technology·Software - Infrastructure·🇺🇸 United States·NASDAQ

Technology·Software Infra·🇺🇸·NASDAQ

Stock Price

$0.61-$0.34 (-35.68%)

Apr 20, 2026

Company Details

The Glimpse Group, Inc., a virtual reality (VR) and augmented reality (AR) platform company, provides enterprise-focused software, services, and solutions in the United States. It offers QReal, a software that creates and distributes photor...

CEO

Lyron Live Bentovim

IPO Date

Jul 1, 2021

Website

www.theglimpsegroup.com

Key Metrics TTM

Revenue

$9M

+16.6% YoY

Net Income

-$3M

EPS (Diluted)

-$0.12

Free Cash Flow

-$1M

Revenue / Share

$0.45

Gross Margin

65.4%

Operating Margin

-32.1%

Net Margin

-27.1%

FCF Margin

-12.4%

P/S

1.3x

P/E

—

Earnings Reports

Q2 2026

May 14, 2026

PENDING

Q1 2026

Nov 13, 2025

$1M-42.6%EPS -$0.05

FY 2025

Sep 29, 2025

$11M+19.6%EPS -$0.13

Q4 2025

Sep 29, 2025

$3M+102.5%EPS -$0.00

Q3 2025

May 15, 2025

$1M-25.0%EPS -$0.07

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$2M	$1M	-$2M
Q3 22	$2M	$2M	-$2M
Q4 22	$3M	$2M	-$993.9K
Q1 23	$4M	$3M	-$5M
Q2 23	$3M	$2M	$1M
Q3 23	$4M	$2M	-$5M
Q4 23	$3M	$2M	-$19M
Q1 24	$3M	$2M	-$170.7K
Q2 24	$2M	$1M	-$812.6K
Q3 24	$2M	$1M	-$2M
Q4 24	$2M	$1M	-$4M
Q1 25	$2M	$2M	-$1M
Q2 25	$3M	$2M	$6.9K
Q3 25	$1M	$1M	-$2M
Q4 25	$3M	$2M	-$132.1K
Q1 26	$1M	$1M	-$1M

Valuation

Quarter	P/S	P/E
Q2 22	29.2x	—
Q3 22	13.5x	—
Q4 22	6.6x	—
Q1 23	7.4x	—
Q2 23	4.1x	—
Q3 23	4.6x	—
Q4 23	4.1x	—
Q1 24	2.1x	—
Q2 24	2.4x	—
Q3 24	2.0x	—
Q4 24	2.1x	—
Q1 25	1.7x	—
Q2 25	5.2x	—
Q3 25	2.8x	—
Q4 25	2.7x	—
Q1 26	4.0x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 22	-$1M	-$1M
Q3 22	-$1M	-$1M
Q4 22	-$1M	-$1M
Q1 23	-$3M	-$3M
Q2 23	-$3M	-$3M
Q3 23	-$1M	-$1M
Q4 23	-$2M	-$2M
Q1 24	-$2M	-$2M
Q2 24	-$2M	-$2M
Q3 24	-$924.7K	-$935.3K
Q4 24	-$927.0K	-$939.2K
Q1 25	-$425.0K	-$434.5K
Q2 25	$171.9K	$154.9K
Q3 25	$127.0K	$112.0K
Q4 25	-$147.6K	-$148.7K
Q1 26	-$1M	-$1M

Capital Expenditures

Quarter	CapEx
Q2 22	$31.9K
Q3 22	$116.8K
Q4 22	$35.1K
Q1 23	$83.8K
Q2 23	$35.8K
Q3 23	$19.8K
Q4 23	$6.9K
Q1 24	$7.0K
Q2 24	$1.7K
Q3 24	$10.6K
Q4 24	$12.2K
Q1 25	$9.5K
Q2 25	$16.9K
Q3 25	$15.0K
Q4 25	$1.1K
Q1 26	$8.1K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+34.1%	+67.2%
Q3 22	+124.4%	+103.4%
Q4 22	+153.6%	+39.7%
Q1 23	+286.4%	+287.9%
Q2 23	+74.6%	-47.4%
Q3 23	+78.9%	+102.2%
Q4 23	+16.2%	+535.8%
Q1 24	-21.4%	-65.1%
Q2 24	-29.6%	+68.1%
Q3 24	-48.4%	-60.9%
Q4 24	-40.6%	-74.1%
Q1 25	-21.5%	+6.0%
Q2 25	+52.6%	+9.4%
Q3 25	-25.0%	-14.1%
Q4 25	+102.5%	-36.9%
Q1 26	-42.6%	-21.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 22	$635.8K	37.6%
Q3 22	$812.9K	39.6%
Q4 22	$791.0K	31.6%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$1M	29.1%
Q4 23	$2M	75.3%
Q1 24	$666.6K	21.5%
Q2 24	$468.4K	22.6%
Q3 24	$607.1K	32.0%
Q4 24	$432.9K	25.1%
Q1 25	$366.7K	15.0%
Q2 25	$40.5K	1.3%
Q3 25	$308.3K	21.7%
Q4 25	-$410.0K	-11.7%
Q1 26	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q2 22	$1M	$1M	$665.7K
Q3 22	$2M	$1M	$854.1K
Q4 22	$2M	$2M	$1M
Q1 23	$2M	$1M	$2M
Q2 23	$3M	$1M	$2M
Q3 23	$2M	$1M	$1M
Q4 23	$2M	$1M	$3M
Q1 24	$2M	$1M	$813.7K
Q2 24	$1M	$1M	$765.1K
Q3 24	$1M	$1M	$559.7K
Q4 24	$1M	$916.9K	$681.1K
Q1 25	$1M	$939.7K	$738.9K
Q2 25	$659.7K	$845.4K	$384.2K
Q3 25	$829.8K	$1M	$483.1K
Q4 25	$884.7K	$688.4K	$595.5K
Q1 26	$973.4K	$979.2K	$324.1K

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q2 22	34.1%	-88.8%	-54.6
Q3 22	124.4%	-107.1%	17.3
Q4 22	153.6%	-28.9%	124.7
Q1 23	286.4%	-59.5%	226.9
Q2 23	74.6%	-115.8%	-41.2
Q3 23	78.9%	-61.6%	17.3
Q4 23	16.2%	-134.9%	-118.7
Q1 24	-21.4%	-52.7%	-74.1
Q2 24	-29.6%	-84.3%	-113.9
Q3 24	-48.4%	-83.1%	-131.5
Q4 24	-40.6%	-93.9%	-134.5
Q1 25	-21.5%	-30.8%	-52.2
Q2 25	52.6%	4.3%	56.9
Q3 25	-25.0%	-101.3%	-126.3
Q4 25	102.5%	0.0%	102.6
Q1 26	-42.6%	-89.8%	-132.5

Rule of 40

Revenue Segments

Quarter	Software License	Software Sercices	Software Services	Royalty Income
Q2 22	$76.8K	$2M	—	—
Q3 22	$129.4K	—	$2M	—
Q4 22	$123.2K	—	$2M	—
Q1 23	—	—	$4M	—
Q2 23	—	—	$3M	—
Q3 23	$552.4K	—	$3M	—
Q2 24	$44.2K	—	$2M	—
Q3 24	$429.2K	—	$1M	—
Q1 25	$209.1K	—	$2M	—
Q2 25	$39.8K	—	$3M	—
Q3 25	$138.9K	—	$1M	—
Q4 25	$115.8K	—	$3M	—
Q1 26	$147.8K	—	$1M	$2.9K

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$25M	$247.4K	$25M
Q3 22	$18M	$242.2K	$18M
Q4 22	$16M	$239.3K	$16M
Q1 23	$11M	$242.6K	$11M
Q2 23	$7M	$236.6K	$7M
Q3 23	$6M	$247.5K	$6M
Q4 23	$6M	$0	$6M
Q1 24	$4M	$0	$4M
Q2 24	$5M	$0	$5M
Q3 24	$4M	$0	$4M
Q4 24	$2M	$0	$2M
Q1 25	$1M	$0	$1M
Q2 25	$8M	$0	$8M
Q3 25	$7M	$0	$7M
Q4 25	$7M	$0	$7M
Q1 26	$6M	$0	$6M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	12M	+16.7%	+21.8%
Q3 22	13M	+8.3%	+32.0%
Q4 22	12M	-6.9%	+22.8%
Q1 23	13M	+13.5%	+33.6%
Q2 23	14M	+1.7%	+16.4%
Q3 23	14M	+1.7%	+9.4%
Q4 23	15M	+6.7%	+25.3%
Q1 24	15M	+0.2%	+10.6%
Q2 24	17M	+13.2%	+23.0%
Q3 24	17M	+3.2%	+24.8%
Q4 24	17M	-3.0%	+13.5%
Q1 25	18M	+8.9%	+23.3%
Q2 25	25M	+35.0%	+47.1%
Q3 25	21M	-14.4%	+22.1%
Q4 25	21M	+0.3%	+26.2%
Q1 26	21M	+0.0%	+16.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$26.0K	65
Q3 22	$31.6K	65
Q4 22	$12.5K	200
Q1 23	$19.8K	200
Q2 23	$14.8K	200
Q3 23	$18.4K	200
Q4 23	$15.6K	186
Q1 24	$16.7K	186
Q2 24	$11.2K	186
Q3 24	$10.2K	186
Q4 24	$15.4K	112
Q1 25	$21.8K	112
Q2 25	$28.3K	112
Q3 25	$12.7K	112
Q4 25	$87.5K	40
Q1 26	$35.0K	40

Revenue / Employee