VirTra (VTSI) Operating Expenses (2016 - 2026)
VirTra's (VTSI) quarterly Operating Expenses came in at $3.5 million in Q1 2026, down 9.59% year-on-year from $3.8 million in Q1 2025, and up 12.77% quarter-over-quarter from $3.1 million in Q4 2025.
VirTra (VTSI) Operating Expenses (2016 - 2026) Analysis & Trends
VirTra has disclosed Operating Expenses across 11 years of filings, most recently posting $3.5 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $3.5 million, down 9.59% year-over-year; the trailing twelve-month figure through Mar 2026 was $14.4 million (down 16.2% YoY), and the FY2025 annual result was $14.8 million, down 15.22% from the prior year.
- Operating Expenses came in at $3.5 million for Q1 2026 at VirTra, up from $3.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $5.8 million in Q4 2023 to a low of $3.0 million in Q1 2022.
- The 5-year median for Operating Expenses is $3.8 million (2025), against an average of $3.9 million.
- Across the five-year window, Operating Expenses surged 72.1% in 2023 and declined 27.83% in 2024, its largest moves.
- VirTra's Operating Expenses stood at $3.4 million in 2022, then soared by 72.1% to $5.8 million in 2023, then decreased by 27.83% to $4.2 million in 2024, then declined by 27.2% to $3.1 million in 2025, then climbed by 12.77% to $3.5 million in 2026.
- The last three Operating Expenses figures came in at $3.5 million (Q1 2026), $3.1 million (Q4 2025), and $4.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -269.42 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.16 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 6.22 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 1.04 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 2.33 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 3.67 Bn |
| 10 | VirTra | 38.09 Mn | 20.24 Mn | 2.13 Mn | 3.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.46 Mn |
| Dec 31, 2025 | 3.07 Mn |
| Sep 30, 2025 | 3.97 Mn |
| Jun 30, 2025 | 3.90 Mn |
| Mar 31, 2025 | 3.83 Mn |
| Dec 31, 2024 | 4.22 Mn |
| Sep 30, 2024 | 4.74 Mn |
| Jun 30, 2024 | 4.39 Mn |
| Mar 31, 2024 | 4.06 Mn |
| Dec 31, 2023 | 5.84 Mn |
| Sep 30, 2023 | 3.72 Mn |
| Jun 30, 2023 | 3.99 Mn |
| Mar 31, 2023 | 3.48 Mn |
| Dec 31, 2022 | 3.40 Mn |
| Sep 30, 2022 | 3.59 Mn |
| Jun 30, 2022 | 3.70 Mn |
| Mar 31, 2022 | 2.98 Mn |
| Dec 31, 2021 | 3.02 Mn |
| Sep 30, 2021 | 2.61 Mn |
| Jun 30, 2021 | 2.31 Mn |