What is Virtuix Holdings Inc. 's franchise tax?

Virtuix Holdings Inc. (VTIX) reported franchise tax of $78.24K in Q1 2026.

What does franchise tax mean?

This represents the mandatory fees or taxes paid by a corporation to a state or local government for the privilege of doing business within that jurisdiction. Unlike income taxes, these are often based on capital, net worth, or gross receipts rather than net profit. It is a recurring regulatory cost that impacts the company's overall operating margin.

Virtuix Holdings Inc. VTIX Franchise Tax

Franchise Tax at other companies

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$133K+676%

Evolution Metals & Technologies Corp. EMAT

$50.97K-18.5%

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$50.97K-18.5%

Starfighters Space, Inc. FJET

$10.07K—

FVCBankcorp, Inc.FVCB

$568K-4.7%

Other financials

Income statement

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Revenue$1.3M-14.0%

Gross profit$173.6K—

Operating income-$4.9M-98.1%

Net income-$9.9M-277%

EPS (diluted)-$0.39-21.9%

Balance sheet

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Cash & equivalents$9.5M+1,882%

Total debt$3.2M+273%

Total equity$3.0M+484%

Total assets$14.8M+156%

Cash flow

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Operating cash flow-$4.0M-156%

Valuation

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Market cap$100.34M-69.9%

Enterprise value$94.08M—

P/S20.2×—

Profitability

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Gross margin11.5%—

Operating margin-221.9%—

Net margin-337.4%—

Returns & leverage

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Return on equity-1,490.6%—

Debt / equity1.1×—

Current ratio1.4×+1.0×

Where this comes from

Reported directly by Virtuix Holdings Inc. in its filing.

Tagged under the XBRL concept vtix:FranchiseTax.

The official record: Virtuix Holdings Inc. ’s 10-K, filed June 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Virtuix Holdings Inc. 's franchise tax?: Virtuix Holdings Inc. (VTIX) reported franchise tax of $78.24K in Q1 2026.
What does franchise tax mean?: This represents the mandatory fees or taxes paid by a corporation to a state or local government for the privilege of doing business within that jurisdiction. Unlike income taxes, these are often based on capital, net worth, or gross receipts rather than net profit. It is a recurring regulatory cost that impacts the company's overall operating margin.