VirTra, Inc. (VTSI) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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VTSI Revenue Growth
Revenue Breakdown (FY 2024)
VTSI's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
VTSI Revenue Analysis (2013–2024)
As of May 8, 2026, VirTra, Inc. (VTSI) generated trailing twelve-month (TTM) revenue of $24.2 million, reflecting significant decline in growth of -28.5% year-over-year. The most recent quarter (Q3 2025) recorded $5.3 million in revenue, down 23.3% sequentially.
Looking at the longer-term picture, VTSI's 5-year compound annual growth rate (CAGR) stands at +7.1%, indicating steady revenue expansion. The company achieved its highest annual revenue of $38.8 million in 2023.
Revenue diversification analysis shows VTSI's business is primarily driven by Corporate Segment (100%). With over half of revenue concentrated in Corporate Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including AXON (+34.0% YoY), DGLY (-20.5% YoY), and WRAP (+3.7% YoY), VTSI has underperformed the peer group in terms of revenue growth. Compare VTSI vs AXON →
VTSI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| VTSICurrent | $24M | -28.5% | +7.1% | 7.6% | |
 AXON | $2.8B | +34.0% | +32.5% | -2.2% | |
 DGLY | $20M | -20.5% | +13.5% | -77.4% | |
 WRAP | $5M | +3.7% | +5.7% | -259.2% | |
 CODA | $27M | +33.2% | +5.8% | 17.1% | |
 KTOS | $1.3B | +21.8% | +12.5% | 2.1% |
VTSI Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $26.4M | -32.1% | $19.4M | 73.7% | $2.0M | 7.6% |
| 2023 | $38.8M | +37.1% | $27.4M | 70.7% | $10.4M | 26.8% |
| 2022 | $28.3M | +15.8% | $16.3M | 57.4% | $2.6M | 9.2% |
| 2021 | $24.4M | +28.0% | $11.4M | 46.7% | $1.5M | 6.0% |
| 2020 | $19.1M | +2.0% | $11.9M | 62.3% | $1.2M | 6.4% |
| 2019 | $18.7M | +3.5% | $9.7M | 51.9% | $262K | 1.4% |
| 2018 | $18.1M | +9.4% | $11.0M | 61.1% | $1000K | 5.5% |
| 2017 | $16.5M | +5.6% | $10.2M | 61.9% | $1.3M | 7.9% |
| 2016 | $15.7M | +17.3% | $9.7M | 61.9% | $2.1M | 13.6% |
| 2015 | $13.3M | +35.3% | $7.7M | 57.6% | $1.5M | 11.2% |
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Start ComparisonVTSI — Frequently Asked Questions
Quick answers to the most common questions about buying VTSI stock.
Is VTSI's revenue growth accelerating or slowing?
VTSI revenue declined -28.5% year-over-year, contrasting with the 5-year CAGR of +7.1%. TTM revenue fell to $24M. This reverses the prior growth trend.
What is VTSI's long-term revenue growth rate?
VirTra, Inc.'s 5-year revenue CAGR of +7.1% reflects the variable expansion pattern. Current YoY growth of -28.5% is below this long-term average.
How is VTSI's revenue distributed by segment?
VTSI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.