VirTra Q1 revenue $3.5M (-51% YoY); net loss $(1.3M) vs profit $1.3M

VirTra, Inc

2026-Q1 EPS reported -$0.12 vs consensus -$0.13 ▲ beat (+7.0%)

Revenue $3.5M (down 51% YoY); net loss $(1.3M) or $(0.12)/share vs net income $1.3M or $0.11/share.
Backlog $25.2M; bookings $3.8M. Management expects improved sales momentum in H2 2026.
STEP revenue increased as share; gross margin fell to 61% from 73% due to product mix.
Qualified leads ~doubled; new drone defense training system demonstrated for corrections.
Adjusted EBITDA $(0.9M) vs $1.7M; operating expenses stable at $3.5M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

VirTra, Inc reported first quarter ended March 31, 2026 results: revenue $3.5 million, net income $(1.3) million, EPS $(0.12) per diluted share.

Period: first quarter ended March 31, 2026
Revenue: $3.5 million
Net income: $(1.3) million
EPS: $(0.12) per diluted share
Result: reported results

Exact text from the filing

with better data, and we believe we are well-positioned as funding and procurement conditions continue to normalize.” First Quarter 2026 Financial Results Total revenue was $3.5 million, compared to $7.2 million in the prior year period. The decrease was due to a number of our Q3 and Q4 booking customers being unable to accept delivery in Q1 of 2026.

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Source: SEC EDGAR

accession 0001493152-26-022226

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