zSpace Inc. (ZSPC) Stock Falls on Q4 2025 Earnings

zSpace Inc. (ZSPC) reported fourth-quarter 2025 results with total revenue of $4.85 million, down 43.2% year-over-year. Gross profit was $2.38 million, a 31.4% decline. The company recorded an operating loss of $5.63 million (widened 103.8% YoY) and a net loss attributable to common shareholders of $7.29 million, a 118.4% year-over-year decline. Diluted earnings per share were -$0.26.

Total revenue: $4.85 million (down 43.2% YoY)

Gross profit: $2.38 million (down 31.4% YoY)

Operating loss: $5.63 million (widened 103.8% YoY)

Net loss attributable to common shareholders: $7.29 million (down 118.4% YoY)

Diluted EPS: -$0.26

Cash flow and balance sheet highlights:

Cash from operating activities: $11.55 million (down 230.3% YoY)

Purchases of property, plant and equipment: $15.0k (down 215.3% YoY)

Cash and cash equivalents: $4.27 million (down 12.2% YoY)

Total liabilities: $33.14 million (up 17.5% YoY)

The quarter missed consensus expectations, with revenue below the estimate of $6.32 million and EPS below the estimate of -$0.18. Shares moved lower, down 5.77% since market close.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

zSpace Inc. Insider Trading Activity

zSpace Inc. insiders have traded $ZSPC stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.

Here’s a breakdown of recent trading of $ZSPC stock by insiders over the last 6 months:

PAUL KELLENBERGER (Chief Executive Officer) has made 0 purchases and 2 sales selling 23,305 shares for an estimated $17,248.
ERICK DEOLIVEIRA (Chief Financial Officer) has made 0 purchases and 4 sales selling 14,670 shares for an estimated $10,857.
MICHAEL S HARPER (See remarks) has made 0 purchases and 2 sales selling 8,298 shares for an estimated $6,087.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

zSpace Inc. Hedge Fund Activity

We have seen 30 institutional investors add shares of zSpace Inc. stock to their portfolio, and 14 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

MORGAN STANLEY added 392,383 shares (+10602.1%) to their portfolio in Q4 2025, for an estimated $184,812
JANE STREET GROUP, LLC added 120,755 shares (+inf%) to their portfolio in Q4 2025, for an estimated $56,875
GEODE CAPITAL MANAGEMENT, LLC added 68,150 shares (+134.0%) to their portfolio in Q4 2025, for an estimated $32,098
XTX TOPCO LTD added 63,954 shares (+inf%) to their portfolio in Q4 2025, for an estimated $30,122
FMR LLC added 63,686 shares (+366.9%) to their portfolio in Q4 2025, for an estimated $29,996
HRT FINANCIAL LP added 57,781 shares (+inf%) to their portfolio in Q4 2025, for an estimated $27,214
AQR CAPITAL MANAGEMENT LLC added 52,469 shares (+inf%) to their portfolio in Q4 2025, for an estimated $24,712

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

zSpace Inc. Analyst Ratings

Wall Street analysts have issued reports on $ZSPC in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Barrington Research issued a "Outperform" rating on 11/14/2025

To track analyst ratings and price targets for zSpace Inc., check out Quiver Quantitative's $ZSPC forecast page.