VirTra, Inc.

VirTra, Inc.

VTSIยทNASDAQ

$4.43

+0.11%
IndustrialsAerospace & Defense

VirTra, Inc. provides force training simulators and firearms training simulators for law enforcement, military, educational, and commercial markets worldwide. It offers V-300 simulator, a 300 degree wrap-around screen for simulation training; V-180 simulator, a 180 degree screen for smaller spaces or budgets; V-100, a single-screen firearms training simulator system; V-100 MIL, a single-screen small arms training simulator; and V-ST PRO, a realistic single screen firearms shooting and skills training simulator. The company also provides Virtual Interactive Coursework Training Academy, which enables law enforcement agencies to teach, train, test, and sustain departmental training requirements; and Subscription Training Equipment Partnership, a program that allows agencies to utilize VirTra's simulator products, accessories, and V-VICTA interactive coursework on a subscription basis. In addition, it offers V-Author software that allows users to create, edit, and train with content specific to agency's objectives; a range of simulated recoil kits/weapons; Threat-Fire, a return fire device that applies real-world stress on the trainees during simulation training; and TASER, an OC spray and low-light training devices. It sells its simulators and related products through a direct sales force and distribution partners. The company was formerly known as VirTra Systems, Inc. and changed its name to VirTra, Inc. in October 2016. VirTra, Inc. was founded in 1993 and is headquartered in Chandler, Arizona.

At a Glance

Live Snapshot
Market Cap$50.08M
EPS0.0229
P/E Ratio193.45
Earnings Date05/11/2026
3Y-21.0%
5Y+17.0%
10Y+43.0%
3Y-87.0%
5Y-83.0%
10Y-87.0%
3Y-270.0%
5Y+104.0%
10Y+161.0%
VirTra, Inc.

VirTra, Inc. Profit Bridge

VTSI ยท NASDAQ
Revenue22.40M
Cost of Goods Sold (7.20M)
Gross Profit15.20M
Operating Expenses (14.77M)
Operating Income437.50K
Interest Expense (0.00)
Other Income/Expense-290.31K
Pretax Income147.19K
Income Tax (-111.26K)
Net Income258.45K
Net Income
258.45K

Profitability Analysis

Gross Margin

67.9%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

2.0%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

1.2%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

-75.6%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

VirTra, Inc. Income Statement

VTSI โ€ข NASDAQ

VirTra, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
22.4M
26.4M
38.8M
28.3M
24.4M
19.1M
18.7M
18.1M
16.5M
15.7M
13.3M
9.9M
9.8M
8.8M
7.9M
6.6M
4.6M
2.9M
2.2M
1.9M
GROSS PROFIT
(7.2M)
(6.9M)
(11.4M)
(12M)
(13M)
(7.2M)
(9M)
(7M)
(6.3M)
(6M)
(5.7M)
(4.4M)
(3.4M)
(3.3M)
(3.8M)
(2.4M)
(1.6M)
(1.6M)
(755.8K)
(729.3K)
15.2M
19.4M
27.4M
16.3M
11.4M
11.9M
9.7M
11M
10.2M
9.7M
7.7M
5.5M
6.5M
5.5M
4.1M
4.1M
3.1M
1.3M
1.5M
1.2M
OPERATING INCOME
(14.8M)
(17.4M)
(17M)
(13.7M)
(10M)
(10.7M)
(9.5M)
(10M)
(8.9M)
(7.6M)
(6.2M)
(4.2M)
(4.9M)
(5.4M)
(4.8M)
(2.6M)
(1.6M)
(775.9K)
(2.1M)
(2.8M)
(12.4M)
(14.4M)
(14.2M)
(11.1M)
(8.1M)
(9.1M)
(8.1M)
(8.7M)
(7.6M)
(6.5M)
(6.2M)
(4.2M)
(4.9M)
(5.4M)
(4.8M)
(2.6M)
(1.6M)
(775.9K)
(2.1M)
(2.8M)
(2.4M)
(3M)
(2.8M)
(2.6M)
(1.9M)
(1.6M)
(1.3M)
(1.4M)
(1.3M)
(1.1M)
(1.7M)
(1.1M)
(1.5M)
(1.3M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
437.5K
2M
10.4M
2.6M
1.5M
1.2M
262.3K
999.9K
1.3M
2.1M
1.5M
1.3M
1.6M
138K
-690.2K
1.5M
1.5M
513.4K
-595.4K
-1.6M
PRE-TAX INCOME
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(50K)
(66.8K)
(226.7K)
(322.8K)
(527.9K)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-2.1K
-57.4K
-226.7K
-322.8K
-527.9K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(63.7K)
(26.4K)
(136K)
-2.4K
-13.4K
-24.6K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-290.3K
254.6K
586.1K
-66.2K
1.3M
33.3K
109.1K
128.2K
-549.5K
26.4K
136K
-2.4K
-13.4K
-24.6K
-2.6K
-495.1K
-57.4K
8.7M
-528.6K
175.6K
147.2K
2.3M
11M
2.5M
2.8M
1.3M
371.4K
1.1M
757K
2.2M
1.6M
1.3M
1.6M
113.4K
-692.8K
1M
1.4M
9.3M
-801.3K
-501K
NET INCOME
-111.3K
(887.3K)
(1.8M)
(571.6K)
(246.1K)
-218.8K
(446.7K)
(310K)
-2.5M
(102.8K)
(89.6K)
(2.4K)
(13.4K)
(0.0)
(2.6K)
(0.0)
(0.0)
(0.0)
(528.6K)
-501K
258.4K
1.4M
9.2M
2M
2.5M
1.5M
-75.3K
818.1K
3.3M
2.1M
1.5M
1.3M
1.6M
113.4K
-692.8K
1M
1.4M
9.3M
-1.1M
-1.5M

SEC Filings

VTSI - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2026

N/A

April 29, 2026
April 29, 2026
2026
10-K

10-K 2025 FY

FY

March 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 26, 2026
March 26, 2026
2026
8-K

8-K 2026

N/A

February 17, 2026
February 16, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 10, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 10, 2025
November 10, 2025
2025
8-K

8-K 2025

N/A

October 20, 2025
October 14, 2025
2025
DEF 14A

DEF 14A 2025

N/A

August 26, 2025
August 25, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 11, 2025
June 30, 2025
2025
8-K

8-K 2025

N/A

August 11, 2025
August 11, 2025
2025
Showing 1 to 10 of 163 filings