VirTra Q2 Revenue Falls 17% to $5.8M, Six-Month Loss Widens to $1.6M
VTSI sits 27% above its 52-week low of $2.88.
Summary
VirTra reported Q2 2026 revenue of $5.8M, down 17% year-over-year, and a six-month revenue decline of 35% to $9.2M. Net loss for the quarter was $0.3M, with a six-month loss of $1.6M, compared to a profit of $1.4M in the prior year period. Gross margin contracted to 59% from 69% a year ago. Bookings totaled $5.5M in Q2, and backlog stood at $24.9M at quarter end. The company highlighted acceptance into the U.S. Army Marketplace across three capability areas and the acquisition of an Orlando campus to expand defense training presence. Management cited domestic funding delays and procurement timing as key headwinds, while noting stronger international activity and grant-related momentum.
At the time of this announcement, VTSI was trading at $3.67 on NASDAQ in the Technology sector, with a market capitalization of approximately $38.1M. The 52-week trading range was $2.88 to $6.29. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.