VirTra, Inc. (VTSI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 3.47M | 2.91M | 5.35M | 6.98M | 7.16M | 4.7M | 7.48M | 6.08M | 7.35M | 10.87M | 7.56M | 10.34M | 10.03M | 8.65M | 4.9M | 8M | 6.75M | 8.64M | 6.09M | 5.26M |
| Revenue Growth % | -51.48% | -37.98% | -28.52% | 14.88% | -2.53% | -56.77% | -1.02% | -41.23% | -26.73% | 25.64% | 54.21% | 29.25% | 48.48% | 0.05% | -19.53% | 52.18% | 52.03% | 31.64% | -5% | 89.73% |
| Cost of Goods Sold | 1.34M | 1.24M | 1.83M | 2.17M | 1.96M | 1.77M | 1.99M | 550.42K | 2.63M | 1.71M | 2.18M | 4.42M | 3.08M | 3.34M | 2.39M | 3.25M | 3.07M | 5.82M | 3.22M | 2.12M |
| COGS % of Revenue | 38.58% | 42.49% | 34.24% | 31.04% | 27.42% | 37.67% | 26.54% | 9.06% | 35.83% | 15.72% | 28.77% | 42.72% | 30.7% | 38.62% | 48.69% | 40.68% | 45.4% | 67.3% | 52.81% | 40.35% |
| Gross Profit | 2.13M | 1.68M | 3.52M | 4.81M | 5.2M | 2.93M | 5.5M | 5.52M | 4.71M | 9.16M | 5.39M | 5.92M | 6.95M | 5.31M | 2.52M | 4.74M | 3.69M | 2.83M | 2.88M | 3.13M |
| Gross Margin % | 61.42% | 57.51% | 65.76% | 68.96% | 72.58% | 62.33% | 73.46% | 90.94% | 64.17% | 84.28% | 71.23% | 57.28% | 69.3% | 61.38% | 51.31% | 59.32% | 54.6% | 32.7% | 47.19% | 59.65% |
| Gross Profit Growth % | -58.94% | -42.78% | -36.01% | -12.89% | 10.24% | -68.03% | 2.08% | -6.69% | -32.16% | 72.52% | 114.07% | 24.81% | 88.47% | 87.78% | -12.49% | 51.33% | 43.55% | -40.62% | -27.52% | 98.68% |
| Operating Expenses | 3.46M | 3.07M | 3.97M | 3.9M | 3.83M | 4.22M | 4.74M | 4.39M | 4.06M | 5.84M | 3.72M | 3.99M | 3.48M | 3.4M | 3.59M | 3.7M | 2.98M | 3.02M | 2.61M | 2.31M |
| OpEx % of Revenue | 99.65% | 105.38% | 74.17% | 55.86% | 53.48% | 89.78% | 63.36% | 72.32% | 55.32% | 53.78% | 49.15% | 38.62% | 34.68% | 39.26% | 73.17% | 46.29% | 44.06% | 34.97% | 42.83% | 44.03% |
| Selling, General & Admin | 2.96M | 2.59M | 3.28M | 3.29M | 3.22M | 3.49M | 4.02M | 3.54M | 3.37M | 5.01M | 3.23M | 3.28M | 2.71M | 2.77M | 2.9M | 3.09M | 2.3M | 2.41M | 1.96M | 2M |
| SG&A % of Revenue | 85.23% | 89.01% | 61.28% | 47.14% | 44.97% | 74.24% | 53.68% | 58.24% | 45.88% | 46.15% | 42.7% | 31.73% | 27.04% | 32.06% | 59.14% | 38.58% | 34% | 27.93% | 32.13% | 38.11% |
| Research & Development | 500.67K | 476.83K | 689.52K | 608.12K | 609.13K | 729.88K | 724.76K | 855.28K | 693.38K | 828.88K | 487.39K | 711.75K | 766.3K | 622.5K | 687.89K | 617.06K | 679.39K | 608.61K | 651.73K | 311.32K |
| R&D % of Revenue | 14.41% | 16.37% | 12.89% | 8.71% | 8.51% | 15.54% | 9.68% | 14.08% | 9.44% | 7.63% | 6.45% | 6.89% | 7.64% | 7.2% | 14.03% | 7.72% | 10.06% | 7.04% | 10.7% | 5.92% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -1.33M | -1.39M | -450.16K | 914.37K | 1.37M | -1.29M | 755.63K | 1.13M | 650.36K | 3.31M | 1.67M | 1.93M | 3.47M | 1.91M | -1.07M | 1.04M | 711.3K | -196.37K | 265.58K | 820.77K |
| Operating Margin % | -38.23% | -47.87% | -8.41% | 13.1% | 19.1% | -27.44% | 10.1% | 18.62% | 8.85% | 30.5% | 22.08% | 18.66% | 34.62% | 22.12% | -21.86% | 13.02% | 10.53% | -2.27% | 4.36% | 15.62% |
| Operating Income Growth % | -197.09% | -8.18% | -159.57% | -19.18% | 110.31% | -138.9% | -54.74% | -41.33% | -81.26% | 73.27% | 255.76% | 85.15% | 388.02% | 1074.04% | -503.61% | 26.91% | 26.11% | -114.64% | -78.22% | 199.86% |
| EBITDA | -1.33M | -541.47K | -369.46K | 1.47M | 1.73M | -945.36K | 1.11M | 1.49M | 1.01M | 3.79M | 1.89M | 2.3M | 3.82M | 2.26M | -727.59K | 1.35M | 1.01M | 104.36K | 509.68K | 1M |
| EBITDA Margin % | -38.23% | -18.59% | -6.91% | 21.06% | 24.11% | -20.13% | 14.78% | 24.52% | 13.81% | 34.9% | 25.01% | 22.29% | 38.1% | 26.14% | -14.84% | 16.92% | 14.91% | 1.21% | 8.36% | 19.06% |
| EBITDA Growth % | -176.93% | 42.72% | -133.41% | -1.3% | 70.11% | -124.93% | -41.52% | -35.35% | -73.44% | 67.78% | 359.93% | 70.22% | 279.45% | 2066.02% | -242.76% | 35.1% | 36.52% | -93.14% | -63.31% | 252.16% |
| D&A (Non-Cash Add-back) | 0 | 853.05K | 80.7K | 555.7K | 358.5K | 343.7K | 350.32K | 357.95K | 364.44K | 478.56K | 221.65K | 375.13K | 349.34K | 347.8K | 344.31K | 311.75K | 295.6K | 300.73K | 244.1K | 180.96K |
| EBIT | -1.33M | -1.39M | -360.48K | 914.37K | 1.37M | -1.29M | 755.63K | 1.13M | 650.36K | 3.31M | 1.67M | 1.93M | 3.47M | 1.91M | -1.07M | 1.04M | 711.3K | -196.37K | 265.58K | 820.77K |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | - | - | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | - | - | 0 | 0 | 0 |
| Other Income/Expense | 53.41K | 369.81K | 89.68K | -748.05K | -1.74K | -266.97K | 35.47K | 156.87K | 329.27K | 184.65K | 209.5K | 75.52K | 116.41K | -94.71K | 46.34K | -7.57K | -10.23K | -14.29K | 1.33M | 1.77K |
| Pretax Income | -1.27M | -1.02M | -360.48K | 166.31K | 1.37M | -1.56M | 791.1K | 1.29M | 979.63K | 3.5M | 1.88M | 2M | 3.59M | 1.82M | -1.03M | 1.03M | 701.07K | -210.66K | 1.6M | 822.54K |
| Pretax Margin % | -36.69% | -35.18% | -6.74% | 2.38% | 19.08% | -33.13% | 10.57% | 21.21% | 13.33% | 32.2% | 24.85% | 19.39% | 35.78% | 21.02% | -20.92% | 12.93% | 10.38% | -2.44% | 26.2% | 15.65% |
| Income Tax | 54K | -232.35K | 28.09K | -9K | 102K | 80.29K | 208K | 87.56K | 511.44K | -44.34K | 244.32K | 977.49K | 641.35K | 423.64K | -222.68K | 246.68K | 124K | -223.26K | 253.29K | 293.18K |
| Effective Tax Rate % | -4.24% | 22.67% | -7.79% | -5.41% | 7.47% | -5.16% | 26.29% | 6.8% | 52.21% | -1.27% | 13% | 48.77% | 17.88% | 23.3% | 21.71% | 23.86% | 17.69% | 105.98% | 15.87% | 35.64% |
| Net Income | -1.33M | -792.36K | -388.57K | 175.31K | 1.26M | -1.64M | 583.1K | 1.2M | 468.2K | 3.54M | 1.63M | 1.03M | 2.95M | 1.39M | -802.88K | 787.37K | 577.07K | 12.6K | 1.34M | 529.36K |
| Net Margin % | -38.24% | -27.2% | -7.26% | 2.51% | 17.65% | -34.84% | 7.79% | 19.76% | 6.37% | 32.61% | 21.62% | 9.93% | 29.38% | 16.12% | -16.37% | 9.85% | 8.55% | 0.15% | 22.04% | 10.07% |
| Net Income Growth % | -205.11% | 51.58% | -166.64% | -85.4% | 169.99% | -146.18% | -64.33% | 16.96% | -84.11% | 154.1% | 303.62% | 30.39% | 410.57% | 10970.51% | -159.78% | 48.74% | -11.92% | -99.21% | 54.71% | 188.04% |
| Net Income (Continuing) | -1.33M | -792.36K | -388.57K | 175.31K | 1.26M | -1.64M | 583.1K | 1.2M | 468.2K | 3.54M | 1.63M | 1.03M | 2.95M | 1.39M | -802.88K | 787.37K | 577.07K | 12.6K | 1.34M | 529.36K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.12 | -0.07 | -0.03 | 0.02 | 0.11 | -0.15 | 0.05 | 0.11 | 0.11 | 0.26 | 0.15 | 0.09 | 0.27 | 0.13 | -0.07 | 0.07 | 0.05 | 0.00 | 0.12 | 0.05 |
| EPS Growth % | -209.09% | 53.33% | -166.09% | -85.82% | 0% | -158.57% | -65.2% | 17.15% | -59.26% | 97% | 302.98% | 29.88% | 407.52% | - | -161.58% | 44.6% | -33.5% | -99.38% | 9.09% | 164.43% |
| EPS (Basic) | -0.12 | -0.07 | -0.03 | 0.02 | 0.11 | -0.15 | 0.05 | 0.11 | 0.11 | 0.26 | 0.15 | 0.09 | 0.27 | 0.13 | -0.07 | 0.07 | 0.05 | 0.00 | 0.12 | 0.05 |
| Diluted Shares Outstanding | 11.3M | 11.27M | 11.27M | 11.26M | 11.16M | 11.26M | 11.18M | 11.07M | 10.96M | 10.96M | 10.94M | 10.93M | 10.92M | 10.92M | 10.87M | 10.89M | 10.85M | 10.06M | 11.03M | 10.69M |
| Basic Shares Outstanding | 11.3M | 11.27M | 11.27M | 11.26M | 11.16M | 11.26M | 11.18M | 11.06M | 10.96M | 10.96M | 10.93M | 10.92M | 10.92M | 10.92M | 10.87M | 10.87M | 10.81M | 10.01M | 10.79M | 10.64M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |