• Total income up 43% to $20.0m
• EBITDA at $3.8m, up from $0.6m
• Qualified pipeline of $80.4m
• 118 customers, up 76% year-on-year
• Net operating cashflow of $5.5m, up 67% year-on-year

Xreality Group Ltd (XRG) reported a strong financial performance for FY26, with total income up 43% to $20.0m. EBITDA improved significantly to $3.8m, up from $0.6m in the previous year. The company expanded its customer base to 118, a 76% increase, and secured a qualified sales pipeline of $80.4m. Deferred revenue increased to $15.5m, providing visibility into future earnings. The company also saw a 67% increase in net operating cashflow to $5.5m. XRG's Operator XR product, a portable, secure, immersive training system, continues to drive growth, with first sales into Europe and Asia. The company is well-positioned for continued growth with a strong pipeline and expanding global presence.

XRG aims to target larger defence programs in C-UAS and tactical training, build on European and Asia Pacific wins, and pursue larger scale military tenders.