VirTra, Inc. filed its quarterly report on Form 10-Q with the SEC on November 12, 2026, covering the three and nine months ended September 30, 2026, as listed on NASDAQ:VTSI.

Key Highlights

  • Q3 net income of $2,162,841: The company reported net income of $2,162,841 for the three months ended September 30, 2026, compared to a net loss of $388,567 in the same period of 2025.
  • Q3 revenue of $7,623,319: Net sales for the third quarter of 2026 were $7,623,319, up from $5,349,993 in Q3 2025.
  • Nine-month revenue decline: Net sales for the nine months ended September 30, 2026 were $16,860,823, compared to $19,489,178 for the same period in 2025.
  • Total assets of $68,886,475: Total assets as of September 30, 2026 were $68,886,475, up from $65,136,584 at December 31, 2025.
  • Cash position of $18,404,194: Cash and cash equivalents stood at $18,404,194 as of September 30, 2026, compared to $18,594,598 at year-end 2025.
  • Shares outstanding at 11,364,785: As of November 3, 2026, the registrant had 11,364,785 shares of common stock outstanding.

VirTra Q3 2026 Financial Results: Revenue Recovery and Profitability Shift

According to the filing, VirTra, Inc. reported net sales of $7,623,319 for the three months ended September 30, 2026, an increase from $5,349,993 in the comparable prior-year quarter. Gross profit for Q3 2026 was $5,334,061, compared to $3,518,024 in Q3 2025. The company disclosed income from operations of $2,007,486 for the quarter, reversing a loss from operations of $450,160 reported for Q3 2025.

For the nine months ended September 30, 2026, the filing reported net sales of $16,860,823, down from $19,489,178 for the same period in 2025. Nine-month income from operations was $491,982, compared to $1,832,010 in the prior-year period. General and administrative expenses for the nine months were $9,062,233, down from $9,788,609, and research and development expenses were $1,329,353, compared to $1,906,764 in 2025, according to the filing.

The condensed balance sheet disclosed total assets of $68,886,475 as of September 30, 2026, up from $65,136,584 at December 31, 2025. Property and equipment, net, increased to $20,429,581 from $16,268,400 over the same period. Notes payable, long-term, rose to $11,024,880 from $7,314,085. Total stockholders' equity was reported at $46,366,147 as of September 30, 2026, compared to $45,592,181 at December 31, 2025. Retained earnings stood at $13,107,911 as of the quarter-end date. Basic and diluted earnings per share for Q3 2026 were each $0.19, compared to a loss per share of $0.03 in Q3 2025, according to the filing.

What Was Disclosed

VirTra, Inc. filed its Form 10-Q for the quarter ended September 30, 2026, disclosing unaudited condensed financial statements including balance sheet, income statement, and stockholders' equity data for both the three-month and nine-month periods ending on that date.