VirTra, Inc.

NasdaqCM:VTSI Stock Report

Market Cap: US$38.4m

VirTra Past Earnings Performance

Past criteria checks 0/6

VirTra's earnings have been declining at an average annual rate of -12.7%, while the Aerospace & Defense industry saw earnings growing at 20.3% annually. Revenues have been growing at an average rate of 0.8% per year.

Key information

-12.74%

Earnings growth rate

-16.34%

EPS growth rate

Aerospace & Defense Industry Growth5.38%
Revenue growth rate0.76%
Return on equity-5.27%
Net Margin-12.47%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update Jun 06

VTSI: Higher Discount Rate And Richer Future P/E Will Shape Upside Potential

Analysts cut their VirTra price targets by $2, citing updated views on fair value, a higher discount rate, revised margin expectations, and a richer future P/E assumption. Analyst Commentary Bearish analysts cutting VirTra price targets by US$2 are signaling a more cautious stance on the stock, even as they continue to publish detailed valuation work.
Analysis Article May 12

What Is VirTra, Inc.'s (NASDAQ:VTSI) Share Price Doing?

VirTra, Inc. ( NASDAQ:VTSI ), is not the largest company out there, but it saw a decent share price growth of 12% on...
Narrative Update Apr 26

VTSI: Drone Defense Training Demand Will Support Future Margin Upside

VirTra's analyst price target has been cut by $2 as analysts adjust their expectations around the company's profit margin and P/E assumptions. Analyst Commentary Bullish Takeaways Bullish analysts view the updated price target cut as a recalibration of valuation inputs rather than a shift in their broader thesis on the business model.
Narrative Update Apr 12

VTSI: Drone Threat Training Demand Will Support Future Upside Potential

Analysts have trimmed their price targets on VirTra by $2 to reflect updated assumptions around discount rates, profit margins and future P/E. This has resulted in a modest reset of expectations while maintaining a consistent fair value estimate of $6.25 per share.
Narrative Update Mar 29

VTSI: Drone Defense Training Demand Will Drive Future Upside Potential

Analysts have reduced their fair value target for VirTra from $8.25 to $6.25, citing updated assumptions for revenue growth, profit margins, discount rate, and future P/E expectations. Analyst Commentary Recent research updates reflect a more cautious stance on VirTra, with price targets reduced alongside revised assumptions for revenue growth, margins, discount rates, and future P/E levels.
Analysis Article Jan 10

Returns On Capital At VirTra (NASDAQ:VTSI) Have Stalled

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Analysis Article Dec 18

Is There An Opportunity With VirTra, Inc.'s (NASDAQ:VTSI) 26% Undervaluation?

Key Insights VirTra's estimated fair value is US$5.80 based on 2 Stage Free Cash Flow to Equity VirTra is estimated to...
Analysis Article Nov 05

Is VirTra (NASDAQ:VTSI) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 01

Market Participants Recognise VirTra, Inc.'s (NASDAQ:VTSI) Earnings Pushing Shares 27% Higher

VirTra, Inc. ( NASDAQ:VTSI ) shares have had a really impressive month, gaining 27% after a shaky period beforehand...
Analysis Article May 14

Here's Why VirTra (NASDAQ:VTSI) Can Manage Its Debt Responsibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Seeking Alpha Mar 28

VirTra Is Undervalued Now, Execution Will Determine The Upside

Summary VirTra, Inc. produces immersive simulation training systems for law enforcement and the military, facing a split market view with strong long-term fundamentals but short-term uncertainties. Despite a challenging 2024, VirTra saw a 37% increase in Q4 bookings and international growth, particularly in Latin America and Europe. The new V-XR training system debuted in Canada, showcasing the potential for growth due to its cost-effectiveness and flexibility for smaller departments. With a cautious "Buy" rating for VTSI stock, VirTra's solid fundamentals and growing demand are promising, but federal funding delays pose short-term risks. Read the full article on Seeking Alpha
Analysis Article Dec 24

Is VirTra (NASDAQ:VTSI) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Dec 01

Improved Earnings Required Before VirTra, Inc. (NASDAQ:VTSI) Stock's 27% Jump Looks Justified

VirTra, Inc. ( NASDAQ:VTSI ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Nov 15

VirTra, Inc. Beat Revenue Forecasts By 15%: Here's What Analysts Are Forecasting Next

Shareholders of VirTra, Inc. ( NASDAQ:VTSI ) will be pleased this week, given that the stock price is up 12% to US$7.36...
Analysis Article Nov 09

Investors Will Want VirTra's (NASDAQ:VTSI) Growth In ROCE To Persist

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
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New Narrative Sep 28

V-XR Platform Launch Promises Revenue Surge Amidst Shrinking Profit Margins And Operational Hurdles

Launching the V-XR platform aims to revolutionize professional training across various sectors, attracting new customers and expanding market reach.
Analysis Article Aug 27

Little Excitement Around VirTra, Inc.'s (NASDAQ:VTSI) Earnings As Shares Take 27% Pounding

To the annoyance of some shareholders, VirTra, Inc. ( NASDAQ:VTSI ) shares are down a considerable 27% in the last...
Analysis Article Aug 15

Revenue Miss: VirTra, Inc. Fell 26% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Shareholders might have noticed that VirTra, Inc. ( NASDAQ:VTSI ) filed its quarterly result this time last week. The...
Analysis Article Jul 16

Investors Will Want VirTra's (NASDAQ:VTSI) Growth In ROCE To Persist

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Jun 15

VirTra, Inc. (NASDAQ:VTSI) Might Not Be As Mispriced As It Looks After Plunging 29%

VirTra, Inc. ( NASDAQ:VTSI ) shares have had a horrible month, losing 29% after a relatively good period beforehand...
Seeking Alpha May 14

VirTra: It's Got More Than Just Momentum Going For It

Summary VirTra recently was assigned a "Strong Buy" rating by the Seeking Alpha Quant system. But it's got more than the Quant's recommendation: Management is intensively looking to grow the business domestically and abroad. Exciting years are ahead. In this analysis, I examine how the combination of strong quantitative and qualitative drivers makes VirTra a Buy. Read the full article on Seeking Alpha
Analysis Article Apr 27

VirTra, Inc.'s (NASDAQ:VTSI) 28% Price Boost Is Out Of Tune With Earnings

VirTra, Inc. ( NASDAQ:VTSI ) shares have had a really impressive month, gaining 28% after a shaky period beforehand...
Analysis Article Apr 04

Here's Why VirTra (NASDAQ:VTSI) Has Caught The Eye Of Investors

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Mar 20

The Return Trends At VirTra (NASDAQ:VTSI) Look Promising

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Revenue & Expenses Breakdown

How VirTra makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:VTSI Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2619-2122
31 Dec 25220122
30 Sep 25250133
30 Jun 25271143
31 Mar 25262143
31 Dec 24261143
30 Sep 24326163
30 Jun 24327153
31 Mar 24367153
31 Dec 23399143
30 Sep 23377123
30 Jun 23345123
31 Mar 23324113
31 Dec 22282113
30 Sep 22281113
30 Jun 22293103
31 Mar 2227292
31 Dec 2124382
30 Sep 2122482
30 Jun 2123492
31 Mar 2120392
31 Dec 2019192
30 Sep 2018081
30 Jun 2019081
31 Mar 2019081
31 Dec 1919081
30 Sep 1915-181
30 Jun 1912-281
31 Mar 1918181
31 Dec 1818181
30 Sep 1818381
30 Jun 1819391
31 Mar 1816381
31 Dec 1717381
30 Sep 1717271
30 Jun 1715271
31 Mar 1714071
31 Dec 1616261
30 Sep 1616252
30 Jun 1617352
31 Mar 1617452
31 Dec 1513252
30 Sep 1513260
30 Jun 1511150

Quality Earnings: VTSI is currently unprofitable.

Growing Profit Margin: VTSI is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: VTSI is unprofitable, and losses have increased over the past 5 years at a rate of 12.7% per year.

Accelerating Growth: Unable to compare VTSI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VTSI is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (23.9%).


Return on Equity

High ROE: VTSI has a negative Return on Equity (-5.27%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/17 23:41
End of Day Share Price 2026/06/17 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

VirTra, Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jaeson Allen SchmidtLake Street Capital Markets, LLC
Richard BaldryRoth Capital Partners