The Glimpse Group, Inc. reported Q2 FY 2026 financial results with revenue of $1.30 million, down 59% from Q2 FY 2025, and a net loss of $1.23 million. The company formally initiated a strategic realignment including a potential Brightline Interactive spin-off IPO and ticker change to GGRP.
Key takeaways
Q2 FY 2026 revenue $1.30 million, down 59% from $3.17 million in Q2 FY 2025 and 7% from $1.40 million in Q1 FY 2026
Q2 FY 2026 gross margin 61%, compared to 64% in Q2 FY 2025
Q2 FY 2026 Adjusted EBITDA loss of $0.89 million vs $0.28 million gain in Q2 FY 2025
Filed confidential S-1 for Brightline Interactive IPO in early January 2026, targeting completion in first half of CY 2026
Cash and equivalents $3.34 million as of December 31, 2025; no debt
Changing ticker from VRAR to GGRP, effective end of February 2026