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The Glimpse Group Reports Q1 FY26 Financial Results: Revenue Down 43%, Initiates IPO/Spinoff Process for Brightline Interactive.
ByAinvest
Thursday, Nov 13, 2025 4:06 pm ET1min read
The Glimpse Group reported Q1 FY26 financial results, with revenue decreasing 43% to $1.4 million due to timing of DoW contracts and budget delays. Gross margin was 72%, and adjusted EBITDA loss was -$0.92 million. The company made an initial delivery on a multimillion annual SpatialCore contract with a DoW entity and expects significant DoW opportunities to materialize during CY26. Foretell Ai has gained traction in Higher Education and Healthcare segments.
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