Filing Flows › VirTra (VTSI) › Q2 2025
VirTra (VTSI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 11, 2025
VirTra (VTSI) reported revenue of $7.0M for the second quarter 2025 (Q2 2025), +15% from a year earlier and -3% from the quarter before. Operating margin was 13.1%, net earnings $175K (2.5% of revenue).
VirTra, Q2 2025: revenue $7.0M (+15% year over year), operating margin 13.1%, net earnings $175K, operating cash flow $6.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.0M | -3% | +15% |
| Gross profit | $4.8M | -7% | -13% |
| Operating profit | $914K | -33% | -19% |
| Net earnings | $175K | -86% | -85% |
| Operating cash flow | $6.0M | 91× | — |
| Free cash flow | $5.4M | — | — |
What changed
Revenue was $7.0M in Q2 2025, up 15% year over year and down 3% from the previous quarter. Simulators and Accessories was the largest line at 65% of revenue. Simulators and Accessories added $2.0M year over year (up 77%), 217% of the total change. Design & Prototyping declined 97%.
Gross margin was 69.0%, down 22.0 points from a year earlier. Operating profit was $914K, a 13.1% margin (down 5.5 points year over year). Operating profit fell $217K even though revenue rose $904K versus a year earlier, so costs grew faster than sales. Operating expenses fell 11% while revenue rose 15%. Net earnings were $175K, down 85% year over year. The effective tax rate was -5.4%.
Operating cash flow was $6.0M, 3412% of net earnings. Non-cash charges added back $513K of depreciation and amortization and $183K of share-based compensation. Working capital and other items added $5.1M. Capital expenditures of $568K left free cash flow of $5.4M.
Questions
What was VirTra's revenue in the second quarter 2025?
VirTra (VTSI) reported revenue of $7.0M for the second quarter 2025 (Q2 2025), +15% from a year earlier and -3% from the quarter before.
Was VirTra profitable in the second quarter 2025?
Operating profit was $914K (13.1% of revenue) and net earnings $175K.
Source: VirTra 10-Q on SEC EDGAR.