---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-040952"
form_type: "8-K"
ticker: "VTSI"
cik: "0001085243"
company_name: "VirTra, Inc"
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T03:10:22.203981+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# VirTra Q3 revenue up 54% to $7.6M; net income $1.6M vs loss $0.8M YoY

## Summary
- Q3 revenue $7.6M (+54% YoY); gross margin 71% vs 51%; net income $1.6M, EPS $0.15 vs ($0.07).
- Adjusted EBITDA $2.9M vs ($0.5M) YoY; nine-month adjusted EBITDA $9.4M vs $1.7M.
- Nine-month revenue $27.9M (+42% YoY); net income $5.6M, EPS $0.51 vs $0.05.
- Cash $17.2M; CFO notes temporary Q3 booking slowdown due to government shutdown, expects rebound.
- Launched V-XR extended reality training solution; strong pre-orders; positions for growth.

## SEC filing metadata
- accession: 0001493152-23-040952
- form_type: 8-K
- ticker: VTSI
- cik: 0001085243
- company_name: VirTra, Inc
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1085243/000149315223040952/0001493152-23-040952-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1085243/000149315223040952/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-040952
- JSON: https://secwatch.observer/filing/0001493152-23-040952.json
- Plain text: https://secwatch.observer/filing/0001493152-23-040952.txt

## Key facts
- Earnings Releases
  VirTra, Inc reported third quarter ended September 30, 2023 results: revenue $7.6 million, net income $1.6 million, EPS $0.15 per diluted share.
  - Period: third quarter ended September 30, 2023
  - Revenue: $7.6 million
  - Net income: $1.6 million
  - EPS: $0.15 per diluted share
  - Result: reported results
  source text: VirTra Reports Third Quarter and Nine Month 2023 Financial Results Quarterly Revenue Increases 54% Year-Over-Year to $7.6 Million Quarterly Net Income Increases by $2.4 Million to $1.6 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1085243/000149315223040952/0001493152-23-040952-index.htm
- Earnings Releases
  VirTra, Inc reported nine months ended September 30, 2023 results: revenue $27.9 million, net income $5.6 million, EPS $0.51 per diluted share.
  - Period: nine months ended September 30, 2023
  - Revenue: $27.9 million
  - Net income: $5.6 million
  - EPS: $0.51 per diluted share
  - Result: reported results
  source text: Nine Month 2023 Financial Highlights: ● Total revenue increased 42% to $27.9 million ● Gross profit increased 67% to $18.3 million, or 65% of total revenue ● Net income increased by $5.0 million to $5.6 million ● Adjusted EBITDA increased to $9.4 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1085243/000149315223040952/0001493152-23-040952-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.