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AI brief of an SEC Form 8-K · VirTra, Inc (VTSI)

VirTra full-year 2025 revenue falls 15% to $22.4 million; net income $0.3 million

Negative Impact 3 of 5 earnings Written later

VirTra reported fourth-quarter and full-year 2025 results, with full-year revenue down 15% to $22.4 million and net income falling to $0.3 million, or $0.02 per diluted share, from $1.4 million, or $0.12, a year earlier. Management attributed the decline to delayed federal funding that affected awards, purchasing and deliveries, and said Q4 bookings improved to $7.3 million and backlog was $25.6 million.

Key points

  • Full-year revenue was $22.4 million versus $26.4 million (restated) in 2024; gross margin was 68% versus 74%.
  • Q4 2025 revenue was $2.9 million versus $4.7 million a year earlier; Q4 net loss was $1.0 million, or $0.09 per diluted share.
  • Adjusted EBITDA, a non-GAAP measure, was $1.6 million for 2025 versus $2.9 million in 2024.
  • Bookings were $7.3 million in Q4 and $26.7 million for 2025; backlog was $25.6 million at December 31, 2025.

The filing

CompanyVirTra, Inc (VTSI)
Form8-K, current report
Filed with the SECMar 26, 2026, 4:05 PM ET
Accession number0001493152-26-012911

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 26, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.