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
DateValue
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