Earnings summaries and quarterly performance for VirTra.
Executive leadership at VirTra.
Board of directors at VirTra.
Research analysts who have asked questions during VirTra earnings calls.
Recent press releases and 8-K filings for VTSI.
VirTra (VTSI) Reports Q3 2025 Financial Results Amid Federal Funding Delays
VTSI
Earnings
Demand Weakening
Product Launch
- VirTra (VTSI) reported Q3 2025 revenue of $5.3 million and a net loss of $0.4 million, or $0.03 per diluted share, primarily attributed to slower federal funding cycles and delayed revenue recognition.
- Despite revenue headwinds, bookings for Q3 2025 increased to $8.4 million and the backlog grew to $21.9 million as of September 30, 2025.
- The company maintained a strong balance sheet with $20.8 million in cash and cash equivalents and $32.9 million in working capital as of September 30, 2025.
- International revenue more than doubled to $1.2 million in Q3 2025 compared to the prior year, and VirTra launched new products including the V1 portable simulator and the APEX analytics platform.
- Management expects revenue conversions to improve as federal funding normalizes, and anticipates gross margins to remain in the 60-65% range going forward.
Nov 10, 2025, 9:30 PM
VirTra Reports Third Quarter and Nine Months 2025 Financial Results
VTSI
Earnings
Demand Weakening
Product Launch
- VirTra reported total revenue of $5.3 million for the third quarter ended September 30, 2025, representing a 29% decrease compared to the prior year period, and a net loss of ($0.4 million), or ($0.03) per diluted share.
- For the nine months ended September 30, 2025, total revenue was $19.5 million, a 7% decrease from the prior year period, with net income of $1.1 million, or $0.09 per diluted share.
- Bookings totaled $8.4 million in Q3 2025, and the company's backlog increased to $21.9 million.
- Management attributed the decrease in revenue primarily to a slower federal funding cycle and the timing of federal awards, but highlighted a strong balance sheet with $20.8 million in cash and cash equivalents as of September 30, 2025.
- During the third quarter, VirTra introduced the V-One Portable Simulator and secured a $4.8 million multi-site contract in Colombia.
Nov 10, 2025, 9:10 PM
Quarterly earnings call transcripts for VirTra.
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