Filing Flows › VirTra (VTSI) › Q1 2026
VirTra (VTSI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
VirTra (VTSI) reported revenue of $3.5M for the first quarter 2026 (Q1 2026), -51% from a year earlier and +19% from the quarter before. Operating margin was -38.2%, net loss $1.3M (38.2% of revenue).
VirTra, Q1 2026: revenue $3.5M (-52% year over year), operating margin -38.2%, net loss $1.3M, operating cash flow −$580K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5M | +19% | -51% |
| Operating profit | −$1.3M | — | — |
| Net earnings | −$1.3M | — | — |
| Operating cash flow | −$580K | — | — |
What changed
Revenue was $3.5M in Q1 2026, down 51% year over year and up 19% from the previous quarter. Simulators and Accessories was the largest line at 35% of revenue. Simulators and Accessories lost $2.5M year over year (down 68%), 69% of the total change.
Gross margin was 61.4%, down 11.2 points from a year earlier. Operating costs exceeded revenue by $1.3M, an operating margin of -38.2%. Operating expenses fell 10% while revenue fell 51%. The quarter ended with a net loss of $1.3M, wider than the previous quarter's $792K loss.
Operating cash flow was −$580K. Non-cash charges added back $470K of depreciation and amortization and $42K of share-based compensation. Working capital and other items added $236K.
Questions
What was VirTra's revenue in the first quarter 2026?
VirTra (VTSI) reported revenue of $3.5M for the first quarter 2026 (Q1 2026), -51% from a year earlier and +19% from the quarter before.
Was VirTra profitable in the first quarter 2026?
Operating loss was $1.3M (-38.2% of revenue) and net loss $1.3M.
Source: VirTra 10-Q on SEC EDGAR.