---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-022226"
form_type: "8-K"
ticker: "VTSI"
cik: "0001085243"
company_name: "VirTra, Inc"
filed_at: "2026-05-11T20:10:17+00:00"
generated_at: "2026-05-11T22:21:36.421810+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-26-022226
- form_type: 8-K
- ticker: VTSI
- cik: 0001085243
- company_name: VirTra, Inc
- filed_at: 2026-05-11T20:10:17+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1085243/000149315226022226/0001493152-26-022226-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1085243/000149315226022226/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-022226
- JSON: https://secwatch.observer/filing/0001493152-26-022226.json
- Plain text: https://secwatch.observer/filing/0001493152-26-022226.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1085243/000149315226022226/0001493152-26-022226-index.htm

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