The earnings call highlighted significant revenue growth and a strong cash position, but was tempered by declines in gross profit, net income, and sequential bookings, as well as ongoing funding delays. Despite these challenges, the company remains optimistic about future growth opportunities.
Company Guidance
In the second quarter of 2025, VirTra reported a 15% increase in total revenue, reaching $7 million compared to the previous year's $6.1 million, driven by higher capital deliveries and stable recurring revenue from STEP and service contracts. Government revenue slightly increased to $5.4 million from $5.3 million, while international revenue more than doubled to $1.4 million from $0.6 million. Despite a sequential decrease in bookings from $6.4 million in Q1 to $4.6 million in Q2, attributed to timing and customer-related deferrals, the company maintained a solid backlog of $18.8 million, including $7.1 million in capital, $5.7 million in service, and $6 million in STEP contracts. Operating income for the quarter was $0.9 million, down from $1.1 million the previous year, and net income was $0.2 million or $0.01 per diluted share. The company held a strong cash position of $20.7 million as of June 30, with working capital at $33.5 million, supporting flexibility amidst ongoing funding delays and a debt-light balance sheet.
Revenue Growth
Total revenue for the second quarter was $7 million, a 15% increase from the prior year period, primarily driven by higher capital deliveries and stable recurring revenue from STEP and Service contracts.
International Revenue Surge
International revenue for the second quarter increased to $1.4 million from $0.6 million in the prior year period.
Strong Cash Position
Cash and cash equivalents totaled $20.7 million as of June 30, 2025, up from $17.6 million at March 31, 2025.
STEP Renewals and Customer Satisfaction
Six customers renewed early in Q2 for the V-180 and the V-300 systems, signaling customer satisfaction and improved visibility into future recurring revenue.
VirTra (VTSI) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VTSI Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 11, 2025
$7.27
$5.45
-25.03%
May 12, 2025
$4.67
$6.41
+37.26%
Mar 27, 2025
$5.16
$4.27
-17.25%
Nov 12, 2024
$6.65
$8.17
+22.86%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Virtra (VTSI) report earnings?
Virtra (VTSI) is schdueled to report earning on Nov 18, 2025, TBA (Confirmed).
What is Virtra (VTSI) earnings time?
Virtra (VTSI) earnings time is at Nov 18, 2025, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.