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
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