VirTra (VTSI) Operating Expenses (2016 - 2026)
VirTra's (VTSI) quarterly Operating Expenses came in at $3.6 million in Q2 2026, down 7.57% year-over-year from $3.9 million in Q2 2025, and up 4.08% quarter-over-quarter from $3.5 million in Q1 2026.
Analysis
VirTra (VTSI) Operating Expenses (2016 - 2026) Analysis & Trends
VirTra has disclosed Operating Expenses across 11 years of filings, most recently posting $3.6 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 7.57% year-over-year to $3.6 million; the TTM figure through Jun 2026 stood at $14.1 million (down 15.48% YoY), while the FY2025 annual figure was $14.8 million, down 15.22% from the prior year.
- Operating Expenses came in at $3.6 million for Q2 2026 at VirTra, up from $3.5 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.
- Average Operating Expenses over 5 years is $3.9 million, with a median of $3.8 million recorded in 2023.
- Year-over-year, Operating Expenses soared 72.1% in 2023 and fell 27.83% in 2024.
- Over 5 years, 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 17.38% to $3.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $3.6 million in Q2 2026, $3.5 million in Q1 2026, and $3.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 121.20 Bn | 117.41 Bn | 2.45 Bn | - |
| 2 | General Dynamics | 97.24 Bn | 92.90 Bn | 6.76 Bn | 12.63 Bn |
| 3 | Motorola Solutions | 77.45 Bn | 76.75 Bn | 1.68 Bn | 756.00 Mn |
| 4 | Northrop Grumman | 73.15 Bn | 70.84 Bn | 3.72 Bn | 9.78 Bn |
| 5 | L3Harris Technologies | 47.76 Bn | 47.20 Bn | 1.50 Bn | 848.00 Mn |
| 6 | Elbit Systems | 32.66 Bn | 31.70 Bn | 579.01 Mn | 360.21 Mn |
| 7 | Teledyne Technologies | 28.32 Bn | 27.98 Bn | 738.10 Mn | 1.33 Bn |
| 8 | Curtiss Wright | 20.93 Bn | 20.46 Bn | 364.09 Mn | 139.39 Mn |
| 9 | Leidos Holdings | 16.70 Bn | 16.01 Bn | 817.00 Mn | 310.00 Mn |
| 10 | VirTra | 34.98 Mn | 20.66 Mn | 3.42 Mn | 3.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.60 Mn |
| 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 |