zSpace Valuation Multiples

zSpace Overview

About zSpace

ZSPACE Inc is a provider of augmented reality (AR) and virtual reality (VR) educational technology solutions. It focuses on both United States K-12 schools and Career & Technical Education (CTE) markets. The company's proprietary hardware and software platform provides the ability to deliver an interactive, stereoscopic three-dimensional (3D) learning experience to users without the need to utilize VR goggles or specialty glasses. The platform serves a broad range of critical educational tools designed for K-12 science, technology, engineering, and math (STEM) lessons as well as training skilled trades in areas such as health sciences, automotive engineering/repair, Unity3D software programming, and manufacturing. Key revenue is generated from hardware.

Founded

2006

HQ

Employees

78

Website

zspace.com

Sectors

VR & ARConsumer ElectronicsEducation SoftwareDeepTechEduTech

Financials (LTM)

Revenue: $27M

EBITDA: ($11M)

EV

$22M

Valuation Multiples

Multiples.vc

Start free trial

zSpace Financials

zSpace reported last 12-month revenue of $27M and negative EBITDA of ($11M).

In the same LTM period, zSpace generated $13M in gross profit, ($11M) in EBITDA losses, and had net loss of ($20M).

zSpace P&L

In the most recent fiscal year, zSpace reported revenue of $28M and EBITDA of ($15M).

zSpace expects next 12-month revenue of XXX and NTM EBITDA of XXX

zSpace Stock Performance

zSpace has current market cap of $8M, and enterprise value of $22M.

zSpace's stock price is $0.23.

zSpace Valuation Multiples

zSpace trades at 0.8x EV/Revenue multiple, and (2.0x) EV/EBITDA.

zSpace Financial Valuation Multiples

As of April 5, 2026, zSpace has market cap of $8M and EV of $22M.

Equity research analysts estimate zSpace's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

zSpace has a P/E ratio of (0.4x).

zSpace Margins & Growth Rates

zSpace's revenue in the last 12 month declined by (5%).

zSpace's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.5M for the same period.

zSpace's rule of 40 is (10%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

zSpace's rule of X is (21%) (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

zSpace Public Comps

See public comps and valuation multiples for other VR & AR and Consumer Electronics comps.

zSpace M&A Activity

zSpace acquired XXX companies to date.

Last acquisition by zSpace was on XXXXXXXX, XXXXX. zSpace acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

zSpace Investment Activity

zSpace invested in XXX companies to date.

zSpace made its latest investment on XXXXXXXX, XXXXX. zSpace invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).