VirTra (VTSI) Financial Statements & Analysis

VirTra (VTSI) Income Statement

VirTra reported revenue of $22.40M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 15.0% from $26.35M a year earlier. Net income was $258.45K, down 81.0% year over year, a net margin of 1.2%. Gross margin was 67.9% and operating margin 2.0%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $5.76M, down 17.4% from the same quarter a year earlier.

VirTra Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

VirTra, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Mar 2024	Dec 2023	Mar 2023	Dec 2022	Jun 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	22.40	26.35	38.79	38.79	28.30	28.30	24.43	24.43	19.09	18.71	18.08	16.52
Cost of Revenue	7.20	6.94	11.38	11.38	12.05	12.05	13.03	13.03	7.19	9.00	7.03	6.29
Gross Profit	15.20	19.41	27.41	27.41	16.25	16.25	11.41	11.41	11.90	9.71	11.05	10.23
Operating Expenses
Research & Development	2.38	3.00	2.79	2.79	2.61	2.61	1.87	1.87	1.60	1.35	1.36	1.29
Selling, General & Administrative	12.38	14.41	14.24	14.24	11.05	11.05	8.09	8.09	8.76	8.11	8.69	7.64
Operating Expenses	14.77	17.42	17.03	17.03	13.66	13.66	9.95	9.95	10.36	9.45	10.05	8.93
Operating Income	0.44	2.00	10.38	10.38	2.59	2.59	1.45	1.45	1.54	0.26	1.00	1.31
Other Income/Expense
Interest Income	0.00	0.00	0.00	-	-	-	0.00	-	0.00	0.00	0.00	0.00
Interest Expense	0.00	0.00	0.00	-	-	-	0.00	-	0.00	0.00	0.00	0.00
Other Income/Expense	-0.29	0.25	0.59	0.59	-0.07	-0.07	1.33	1.33	0.03	0.11	0.13	-0.55
Income
Income Before Tax	0.15	2.25	10.97	10.97	2.53	2.53	2.79	2.79	1.26	0.37	1.13	0.76
Income Tax Expense	-0.11	0.89	1.82	1.82	0.57	0.57	0.25	0.25	-0.22	0.45	0.31	-2.51
Net Income	0.26	1.36	9.15	9.15	1.96	1.96	2.54	2.54	1.48	-0.08	0.82	3.26
Net Income - Continuous Operations	0.26	1.36	9.15	9.15	1.96	1.96	2.54	2.54	1.48	-0.08	0.82	3.26
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	2.08	3.67	12.39	11.31	3.83	3.89	3.38	2.35	1.92	0.85	1.29	1.58
EBIT	0.44	2.00	-	10.38	-	2.59	-	1.45	1.54	-	-	-
Depreciation & Amortization	1.93	1.42	1.42	0.93	1.30	1.30	0.59	0.90	0.38	0.59	0.29	0.27
Earnings Per Share
Basic EPS	-	-	1.00	1.00	-	-	-	-	-	-	-	-
Diluted EPS	-	-	1.00	1.00	-	-	-	-	-	-	-	-
Basic Shares Outstanding	11.27	11.16	10.96	10.96	10.86	10.86	10.01	10.01	7.76	7.75	7.90	7.90
Diluted Shares Outstanding	11.27	11.16	10.96	10.96	10.87	10.87	10.06	10.06	7.84	7.75	8.25	7.90

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About VirTra Financial Statements

What was VirTra's revenue in fiscal 2025?

VirTra reported revenue of $22.40M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 15.0% from $26.35M a year earlier.

Is VirTra profitable?

Yes. VirTra earned net income of $258.45K in fiscal 2025, a net margin of 1.2%. In fiscal 2024 it earned $1.36M.

What is VirTra's operating margin?

VirTra's operating income was $437.50K on revenue of $22.40M in fiscal 2025, an operating margin of 2.0%, compared with 7.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition