VirTra (VTSI) Operating Expenses (2016 - 2026)
VirTra (VTSI) reported Operating Expenses of $3.5 million for Q1 2026, down 9.59% on a YoY basis from $3.8 million in Q1 2025, and up 12.77% sequentially from $3.1 million in Q4 2025.
VirTra (VTSI) Operating Expenses (2016 - 2026) Analysis & Trends
VirTra (VTSI) has 11 years of Operating Expenses data on file, last reported at $3.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 9.59% year-over-year to $3.5 million; the trailing twelve-month figure through Mar 2026 stood at $14.4 million (down 16.2% YoY), and the FY2025 full-year result was $14.8 million, down 15.22% from the prior year.
- Operating Expenses rose to $3.5 million in Q1 2026, 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.
- A 5-year average of $3.9 million and a median of $3.8 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 72.1% in 2023 and declined 27.83% in 2024, its largest moves.
- Tracing VTSI's Operating Expenses over 5 years: stood at $3.4 million in 2022, then surged by 72.1% to $5.8 million in 2023, then retreated by 27.83% to $4.2 million in 2024, then dropped by 27.2% to $3.1 million in 2025, then advanced by 12.77% to $3.5 million in 2026.
- Business Quant data shows VTSI's Operating Expenses at $3.5 million in Q1 2026, $3.1 million in Q4 2025, and $4.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | VirTra | 35.38 Mn | 17.53 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 |