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VirTra (VTSI) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 13, 2026 · VirTra (VTSI) Q2 2026 earnings results →
Q2 2026 Revenue down 17% year over year to $5.8M · 5¢ of every $1 of revenue lost · operating margin -3.3%
VirTra made $5.8M in Q2 2026 (-17% Y/Y): Simulators and Accessories Segment $3.6M, STEP Segment $974K, Extended Service-type Warranties Segment $900K. Operating margin -3.3%, net loss $261K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 13, 2026.
Drawing the Sankey…
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What changed this quarter
Revenue was $5.8M in Q2 2026, down 17% year over year and up 66% from the previous quarter. Simulators and Accessories Segment was the largest line at 62% of revenue. Simulators and Accessories Segment lost $946K year over year (down 21%), 78% of the total change.
Gross margin was 59.3%, down 9.7 points from Q2 2025. Operating costs exceeded revenue by $187K, an operating margin of -3.3%. Operating expenses fell 8% while revenue fell 17%. The quarter ended with a net loss of $261K, narrower than the previous quarter's $1.3M loss.
Operating cash flow was −$2.1M. Non-cash charges added back $520K of depreciation and amortization and $56K of share-based compensation. Working capital and other items used $2.5M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 13, 2026 | $5.8M | -17% | -3.3% | −$261K | −$2.1M |
| Q1 2026 | 10-Q | May 11, 2026 | $3.5M | -52% | -38.2% | −$1.3M | −$580K |
| Q4 2025 | 10-K | Mar 26, 2026 | $2.9M | -46% | -47.9% | −$792K | −$1.5M |
| Q3 2025 | 10-Q | Nov 10, 2025 | $5.3M | -28% | -8.4% | −$389K | $36K |
| Q2 2025 | 10-Q | Aug 11, 2025 | $7.0M | +15% | 13.1% | $175K | $6.0M |
| Q4 2024 | 10-K | Mar 27, 2025 | $5.4M | -48% | -23.7% | −$1.6M | −$1.4M |
Charts
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About VirTra
We are a corporation organized and existing under the laws of the State of Nevada. The original business started in 1993 as Ferris Productions, Inc. In September 2001, Ferris Productions, Inc. merged with GameCom, Inc. to ultimately become VirTra Systems, Inc., a Texas corporation. Effective as of October 1, 2016, we completed a conversion from a Texas corporation to a Nevada corporation pursuant to a Redomestication Plan of Conversion (the “Plan of Conversion”) that was approved by our Board of Directors on June 23, 2016, and by our stockholders on September 16, 2016.
In its own words, from its 10-K, filed Mar 26, 2026.
VirTra against its Miscellaneous Manufacturing Industries peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -17% against the peers' median +7%. Operating margin: -3.3% against the peers' median 10.6%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| VTSI VirTra | Q2 2026 | $5.8M | -17% | -3.3% |
| AMCR Amcor | Q3 2026 | $6.1B | +7% | 7.4% |
| BRC Brady | Q4 FY26 | $437M | +10% | 13.8% |
| DAKT Daktronics | Q1 FY27 | $235M | +7% | 10.6% |
| ODC Oil-Dri Corp of America | Q4 FY26 | $129M | +3% | 14.1% |
Source: VirTra 10-Q on SEC EDGAR · CIK 1085243 · Miscellaneous Manufacturing Industries
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History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q4 2024 results