VirTra Inc. reports nine-month revenue of $19.5 million for 2025
Reuters
Nov 11
VirTra Inc. reports nine-month revenue of $19.5 million for 2025
VirTra Inc. reported total revenue of $19.5 million for the first nine months of 2025, a 7% decrease compared to $20.9 million in the prior year period. Gross profit was $13.5 million, representing 69% of revenue, down from $15.7 million or 75% of revenue last year. Net operating expense declined 11% to $11.7 million from $13.2 million. Operating income was $1.8 million. Net income for the third quarter was a loss of $0.4 million, compared to net income of $0.6 million in the same quarter last year. Diluted earnings per share for the quarter were $(0.03) versus $0.05 in the prior year period. Adjusted EBITDA for the quarter totaled $0.1 million, down from $1.1 million. Bookings in the third quarter reached $8.4 million. Business developments included a $4.8 million multi-site contract in Colombia and the approval for full deployment of 20 simulators with the Royal Canadian Mounted Police in Canada.
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