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VRARThe Glimpse Group, Inc.
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VRAR logoThe Glimpse Group, Inc.(VRAR)Earnings, Financials & Key Ratios

VRAR•NASDAQ
Price updated Jun 3, 2026
SectorTechnologyIndustryInfrastructure SoftwareSub-IndustryVertical software and industry platforms
AboutThe 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 photorealistic 3D and AR content; Adept XR Learning, which provides higher education learning and corporate VR training solutions; PostReality, a cloud-based software as a service solution that enables users to create AR presentations; and XR Platform, a cloud-based, scalable and secure backend infrastructure, including proprietary cloud image recognition technology, online storage, creation and management of subscription plans, and invoicing and payments designed for VR/AR companies. The company also provides D6 VR, a VR-based, analysis, presentation, and education software platform; Immersive Health Group, a digital health platform that leverages VR/AR technology to simplify and streamline complex healthcare challenges in scale; Foretell Reality, an enterprise-grade and easy-to-use solution for meeting others in VR; and Early Adopter, which offers immersive VR and AR EdTech solutions for K-12 schools and pediatric hospital programs. In addition, it offers AUGGD that provides AR software and services primarily for the architecture, engineering, and construction industries; Glimpse Turkey for developing and creating web optimized 3D models, primarily for QReal; and custom specialized AR applications, and white label solutions and services. Further, the company provides Pagoni VR that offers VR video broadcasting solutions, which consists of Chimera that enables real-time communications between a presenter, and local and remote attendees in VR to universities, enterprise, entertainment venues, sports venues, and houses of worship. The company was incorporated in 2016 and is headquartered in New York, New York.Show more
  • Revenue$11M+19.6%
  • EBITDA-$2M+57.5%
  • Net Income-$3M+60.1%
  • EPS (Diluted)-0.13+65.8%
  • Gross Margin67.63%+1.6%
  • EBITDA Margin-21.22%+64.4%
  • Operating Margin-26.05%+65.3%
  • Net Margin-24.25%+66.6%
  • ROE-17.93%+68.1%

VRAR Key Insights

The Glimpse Group, Inc. (VRAR) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Strong 5Y sales CAGR of 40.2%
  • ✓Trading at only 1.0x book value

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Shares diluted 17.7% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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VRAR Price & Volume

The Glimpse Group, Inc. (VRAR) stock price & volume — 10-year historical chart

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VRAR Growth Metrics

The Glimpse Group, Inc. (VRAR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years40.18%
3 Years13.15%
TTM-21.73%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-131.38%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-92.25%

Return on Capital

10 Years-203.37%
5 Years-145.93%
3 Years-59.31%
Last Year-18.24%

VRAR Peer Comparison

The Glimpse Group, Inc. (VRAR) competitors in Vertical software and industry platforms — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
IMMR logoIMMRImmersion CorporationDirect Competitor217.12M6.681.6335.39%4.49%13%0.57
KOPN logoKOPNKopin CorporationDirect Competitor901.8M4.93337.67-23.58%4.86%4.31%9.05
VUZI logoVUZIVuzix CorporationDirect Competitor275.25M3.31-7.889.14%-5.04%-87.47%0.03
MVIS logoMVISMicroVision, Inc.Direct Competitor120.77M0.36-1.04-74.28%-58.88%-139.2%0.66
WRAP logoWRAPWrap Technologies, Inc.Direct Competitor69.12M1.24-5.643.66%-298.61%-115.68%0.21
RBLX logoRBLXRoblox CorporationProduct Competitor36.88B51.53-33.4635.77%-20.69%-289.59%4.36
U logoUUnity Software Inc.Product Competitor12B27.48-28.632.01%-34.95%-19.75%0.68
WIMI logoWIMIWiMi Hologram Cloud Inc.Product Competitor78.08M1.597.36-7.42%38.76%8.94%0.11

Compare VRAR vs Peers

The Glimpse Group, Inc. (VRAR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs IMMR

Most directly comparable listed peer for VRAR.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare VRAR against a more recognizable public peer.

Peer Set

Compare Top 5

vs IMMR, KOPN, VUZI, MVIS

VRAR Income Statement

The Glimpse Group, Inc. (VRAR) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricJun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25TTM
Sales/Revenue
983.18K1.95M3.42M7.27M13.48M8.8M10.53M6.85M
Revenue Growth %
-97.86%75.88%112.41%85.51%-34.7%19.58%-21.73%
Cost of Goods Sold
424.97K1.14M1.46M1.24M4.27M2.94M3.41M2.32M
COGS % of Revenue
43.22%58.46%42.71%17.08%31.64%33.41%32.37%-
Gross Profit
558.22K▲ 0%
808.12K▲ 44.8%
1.96M▲ 142.6%
6.03M▲ 207.4%
9.22M▲ 52.9%
5.86M▼ 36.4%
7.12M▲ 21.4%
4.53M▲ 0%
Gross Margin %
56.78%41.54%57.29%82.92%68.36%66.59%67.63%66.14%
Gross Profit Growth %
-44.77%142.57%207.43%52.93%-36.39%21.44%-
Operating Expenses
6.14M5.73M7.91M12.37M38.02M12.48M9.86M19.97M
OpEx % of Revenue
624.65%294.48%231.21%170.19%282.01%141.74%93.68%-
Selling, General & Admin
3.58M3.3M3.48M7.59M12.53M7.11M5.84M4.63M
SG&A % of Revenue
363.74%169.53%101.65%104.46%92.92%80.78%55.45%-
Research & Development
2.57M2.43M3.18M6.16M8.79M5.46M3.49M4.28M
R&D % of Revenue
260.92%124.95%93.03%84.74%65.23%61.97%33.19%-
Other Operating Expenses
001.25M-1.38M16.7M-88.48K529.56K1.19M
Operating Income
-5.58M▲ 0%
-4.92M▲ 11.9%
-5.95M▼ 20.9%
-6.34M▼ 6.6%
-28.81M▼ 354.2%
-6.62M▲ 77.0%
-2.74M▲ 58.6%
-15.44M▲ 0%
Operating Margin %
-567.88%-252.94%-173.92%-87.27%-213.65%-75.15%-26.05%-225.21%
Operating Income Growth %
-11.87%-20.94%-6.59%-354.16%77.03%58.55%-
EBITDA
-5.56M-4.9M-5.92M-5.8M-26.61M-5.25M-2.23M-15.21M
EBITDA Margin %
-565.64%-251.9%-173.13%-79.84%-197.39%-59.68%-21.22%-221.96%
EBITDA Growth %
-11.89%-20.88%2.05%-358.65%80.26%57.48%-159.97%
D&A (Non-Cash Add-back)
21.98K20.22K27.05K540.2K2.19M1.36M508.13K200.87K
EBIT
-5.58M-4.91M-5.91M-8.2M-14.15M-7.95M-2.64M-15.38M
Net Interest Income
6.89K-72.87K-174.44K32.23K242.4K221.76K189.68K192.25K
Interest Income
6.89K8.58K6.2K32.23K242.4K221.76K189.68K192.25K
Interest Expense
081.45K180.64K00000
Other Income/Expense
6.89K-72.87K-141.02K376.32K242.4K221.76K189.68K432.25K
Pretax Income
-5.58M▲ 0%
-4.99M▲ 10.5%
-6.09M▼ 22.0%
-5.97M▲ 2.1%
-28.56M▼ 378.7%
-6.39M▲ 77.6%
-2.55M▲ 60.1%
-15M▲ 0%
Pretax Margin %
-567.18%-256.69%-178.04%-82.09%-211.86%-72.63%-24.25%-218.91%
Income Tax
-6.89K0000000
Effective Tax Rate %
0.12%0%0%0%0%0%0%0%
Net Income
-5.57M▲ 0%
-4.99M▲ 10.3%
-6.09M▼ 22.0%
-5.97M▲ 2.1%
-28.56M▼ 378.7%
-6.39M▲ 77.6%
-2.55M▲ 60.1%
-15M▲ 0%
Net Margin %
-566.48%-256.69%-178.04%-82.09%-211.86%-72.63%-24.25%-218.91%
Net Income Growth %
-10.34%-22%2.06%-378.74%77.61%60.08%-131.38%
Net Income (Continuing)
-5.58M-4.99M-6.09M-5.97M-28.56M-6.39M-2.55M-15M
Discontinued Operations
00000000
Minority Interest
00000000
EPS (Diluted)
-0.81▲ 0%
-0.49▲ 39.5%
-0.61▼ 24.5%
-0.32▲ 47.5%
-2.05▼ 540.6%
-0.38▲ 81.5%
-0.13▲ 65.8%
-0.71▲ 0%
EPS Growth %
-39.51%-24.49%47.54%-540.63%81.46%65.79%-92.25%
EPS (Basic)
-0.54-0.49-0.61-0.32-2.05-0.38-0.13-
Diluted Shares Outstanding
6.86M10.29M10.29M11.73M13.93M16.68M19.63M21.08M
Basic Shares Outstanding
6.86M10.29M10.29M11.73M13.93M16.68M19.63M21.08M
Dividend Payout Ratio
--------

VRAR Balance Sheet

The Glimpse Group, Inc. (VRAR) balance sheet — assets, liabilities & shareholders' equity

MetricJun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25TTM
Total Current Assets
1.89M1.96M3.18M18.34M7.79M3.52M8.17M3.54T
Cash & Short-Term Investments
1.2M1.03M1.77M16.49M5.62M1.85M6.83M2.15T
Cash Only
1.2M1.03M1.77M16.25M5.62M1.85M6.83M2.15T
Short-Term Investments
000239.31K0000
Accounts Receivable
127.87K214.67K626.24K1.33M1.45M723.03K1M662.2B
Days Sales Outstanding
47.4740.2866.8166.9439.3629.9834.7116.3M
Inventory
00039.48K0000
Days Inventory Outstanding
---11.61----
Other Current Assets
172.2K237.75K499.65K35.47K158.55K948.96K338.78K727.46B
Total Non-Current Assets
168.54K41.22K42.17K20.06M16.48M12.04M11.11M213.54B
Property, Plant & Equipment
28.79K41.22K42.17K245.97K892.28K620.13K176.99K161.16B
Fixed Asset Turnover
34.15x47.19x81.13x29.55x15.11x14.20x59.48x0.00x
Goodwill
139.75K0013.46M11.24M10.86M10.86M0
Intangible Assets
0004.06M4.28M487.87K60.72K0
Long-Term Investments
0002.25M0000
Other Non-Current Assets
0002.28M71.77K72.71K11.1K52.38B
Total Assets
2.06M▲ 0%
2M▼ 3.2%
3.22M▲ 61.3%
38.4M▲ 1092.1%
24.28M▼ 36.8%
15.56M▼ 35.9%
19.28M▲ 23.9%
3.75T▲ 0%
Asset Turnover
0.48x0.97x1.06x0.19x0.56x0.57x0.55x0.00x
Asset Growth %
--3.16%61.27%1092.07%-36.77%-35.92%23.91%90527926.18%
Total Current Liabilities
521.49K570.5K2.34M4.24M8.13M2.43M2.34M1.04T
Accounts Payable
42.32K121.51K381.51K340.14K455.78K181.67K228.37K215.39B
Days Payables Outstanding
36.353995.3100.033922.5424.4611.87M
Short-Term Debt
00000000
Deferred Revenue (Current)
267.93K330.36K98.42K841.39K466.39K72.79K52.58K549.4B
Other Current Liabilities
001.42M2.89M5.12M1.47M1.48M514.1B
Current Ratio
3.63x3.43x1.36x4.33x0.96x1.45x3.49x3.42x
Quick Ratio
3.63x3.43x1.36x4.32x0.96x1.45x3.49x3.42x
Cash Conversion Cycle
----21.47---4.42M
Total Non-Current Liabilities
67.16K1.73M2.05M5.34M4.93M1.59M4.7K12.37B
Long-Term Debt
67.16K1.73M2.05M000012.37B
Capital Lease Obligations
0000423.45K178.82K4.7K6.61K
Deferred Tax Liabilities
00000000
Other Non-Current Liabilities
0005.34M4.5M1.41M00
Total Liabilities
588.65K2.3M4.39M9.58M13.05M4.02M2.34M1.05T
Total Debt
67.16K1.73M2.05M0829.4K543.51K131.75K12.37B
Net Debt
-1.14M697.57K281.85K-16.25M-4.79M-1.3M-6.7M-2.14T
Debt / Equity
0.05x---0.07x0.05x0.01x0.00x
Debt / EBITDA
--------813.17x
Net Debt / EBITDA
-------140597.65x
Interest Coverage
--60.30x-32.72x-----
Total Equity
1.47M▲ 0%
-305.69K▼ 120.7%
-1.17M▼ 283.3%
28.82M▲ 2559.2%
11.22M▼ 61.1%
11.54M▲ 2.8%
16.94M▲ 46.8%
2.71T▲ 0%
Equity Growth %
--120.74%-283.32%2559.24%-61.05%2.8%46.78%101292406.07%
Book Value per Share
0.21-0.03-0.112.460.810.690.86128401.12
Total Shareholders' Equity
1.47M-305.69K-1.17M28.82M11.22M11.54M16.94M2.71T
Common Stock
6.86K7.04K7.58K12.75K14.7K18.16K21.06K21.08B
Retained Earnings
-11.03M-16.02M-22.12M-28.08M-56.64M-63.04M-65.59M-80.53T
Treasury Stock
00000000
Accumulated OCI
00000000
Minority Interest
00000000

VRAR Cash Flow Statement

The Glimpse Group, Inc. (VRAR) cash flow — operating, investing & free cash flow history

MetricJun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25TTM
Cash from Operations
-2.14M-2.02M-1.21M-4.94M-9.16M-5.21M-273.77K-23.18M
Operating CF Margin %
-217.52%-104.06%-35.35%-67.98%-67.96%-59.17%-2.6%-
Operating CF Growth %
-5.35%40.24%-308.47%-85.44%43.14%94.75%-13263.09%
Net Income
-5.58M-4.99M-6.09M-5.97M-28.56M-6.39M-2.55M-15M
Depreciation & Amortization
21.98K20.22K27.05K540.2K2.19M1.36M508.13K1.02M
Stock-Based Compensation
2.91M2.55M2.95M2.89M4.97M2.18M984.14K5.47M
Deferred Taxes
0139.75K-548.88K015.35M000
Other Non-Cash Items
484.04K314.02K943.5K-2.02M-699.81K-1.89M133.86K5.69M
Working Capital Changes
21.74K-55.44K1.51M-390.08K-2.42M-460.81K652.74K1.02M
Change in Receivables
-16.56K-86.81K-411.57K-295.08K132.19K730.74K-117.52K2.68M
Change in Inventory
-196.25K-124.42K1.76M0-152.63K000
Change in Payables
-43.01K79.18K260K-132.03K-419.72K-274.11K46.7K-1.19M
Cash from Investing
-17.8K-32.66K-28K-5.06M-3.53M-1.53M-1.54M-14.97M
Capital Expenditures
-17.8K-32.66K-28K-202K-146.33K-31.55K-42.51K-172.09K
CapEx % of Revenue
1.81%1.68%0.82%2.78%1.09%0.36%0.4%2.51%
Acquisitions
000-4.62M-3.63M-1.5M-1.5M0
Investments
--------
Other Investing
0000239.31K00-14.8M
Cash from Financing
2.04M1.89M1.97M26.48M66.11K2.97M6.8M561.57K
Debt Issued (Net)
01.88M2.1M-250K00-160.6K-77K
Equity Issued (Net)
2.01M7K346.01K26.73M02.97M6.96M-6.79M
Dividends Paid
00000000
Share Repurchases
00000000
Other Financing
25K0-470.14K066.11K007.42M
Net Change in Cash
-121.07K▲ 0%
-168.55K▼ 39.2%
737.08K▲ 537.3%
14.48M▲ 1864.2%
-12.63M▼ 187.2%
-3.77M▲ 70.1%
4.98M▲ 232.2%
-37.59M▲ 0%
Free Cash Flow
-2.16M▲ 0%
-2.06M▲ 4.6%
-1.24M▲ 39.8%
-5.14M▼ 315.5%
-9.31M▼ 81.0%
-5.24M▲ 43.7%
-316.28K▲ 94.0%
-23.35M▲ 0%
FCF Margin %
-219.33%-105.74%-36.17%-70.76%-69.04%-59.53%-3%-340.65%
FCF Growth %
-4.61%39.83%-315.54%-81%43.69%93.97%-2009.68%
FCF per Share
-0.31-0.20-0.12-0.44-0.67-0.31-0.02-1.11
FCF Conversion (FCF/Net Income)
0.38x0.41x0.20x0.83x0.32x0.81x0.11x1.56x
Interest Paid
00000000
Taxes Paid
00000000

VRAR Key Ratios

The Glimpse Group, Inc. (VRAR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric202020212022202320242025TTM
Return on Equity (ROE)
-855%--43.16%-142.67%-56.18%-17.93%-0%
Return on Invested Capital (ROIC)
-1011.93%--81.47%-227.4%-59.54%-20.1%-0%
Gross Margin
41.54%57.29%82.92%68.36%66.59%67.63%66.14%
Net Margin
-256.69%-178.04%-82.09%-211.86%-72.63%-24.25%-218.91%
Debt / Equity
---0.07x0.05x0.01x0.00x
Interest Coverage
-60.30x-32.72x-----
FCF Conversion
0.41x0.20x0.83x0.32x0.81x0.11x1.56x
Revenue Growth
97.86%75.88%112.41%85.51%-34.7%19.58%-21.73%
Related:VRAR Dividend History·VRAR Revenue History·VRAR Price History·VRAR P/E History·VRAR Financial Ratios·VRAR Institutional Holders

VRAR SEC Filings & Documents

The Glimpse Group, Inc. (VRAR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 21, 2026·SEC

Material company update

May 15, 2026·SEC

Material company update

May 14, 2026·SEC

10-K Annual Reports

3
FY 2025

Sep 29, 2025·SEC

FY 2024

Sep 30, 2024·SEC

FY 2023

Sep 28, 2023·SEC

10-Q Quarterly Reports

6
FY 2026

May 14, 2026·SEC

FY 2026

Feb 17, 2026·SEC

FY 2025

Nov 13, 2025·SEC

VRAR Frequently Asked Questions

The Glimpse Group, Inc. (VRAR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

The Glimpse Group, Inc. (VRAR) reported $6.9M in revenue for fiscal year 2025. This represents a 597% increase from $1.0M in 2019.

The Glimpse Group, Inc. (VRAR) grew revenue by 19.6% over the past year. This is strong growth.

The Glimpse Group, Inc. (VRAR) reported a net loss of $15.0M for fiscal year 2025.

Dividend & Returns

The Glimpse Group, Inc. (VRAR) has a return on equity (ROE) of -17.9%. Negative ROE indicates the company is unprofitable.

The Glimpse Group, Inc. (VRAR) had negative free cash flow of $23.3M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in VRAR back in 2019?

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