Revenue: As of FY2026 Q2, the actual value is USD 5.763 M, beating the estimate of USD 3.545 M.

EPS: As of FY2026 Q2, the actual value is USD -0.02.

EBIT: As of FY2026 Q2, the actual value is USD -166.39 K.

Second Quarter 2026 Operational Highlights

Bookings totaled $5.5 million during the second quarter . The total backlog at June 30, 2026, was $24.9 million, comprising $13.2 million in capital, $3.8 million in service, and $7.9 million in Subscription Training Equipment Partnership (STEP) contracts . VirTra, Inc. was accepted into the U.S. Army Marketplace across three mission-critical capability areas: Weapons Skills Development, Joint Fires Training, and Counter-Unmanned Aircraft Systems (C-UAS) . The company also expanded its long-term investment in the defense training market by acquiring a dual-building Orlando campus .

Second Quarter 2026 Financial Results (compared to Second Quarter 2025)

Total revenue was $5.8 million, a decrease from $7.0 million in the prior year period, primarily due to a decrease in domestic sales partially offset by international sales . Gross profit was $3.4 million (59% of revenue), down from $4.8 million (69% of revenue) . Net operating expense was $3.6 million, compared to $3.9 million . Loss from operations was - $0.2 million, contrasting with an income from operations of $0.9 million . Net loss was - $0.3 million, compared to a net income of $0.2 million . Adjusted EBITDA was $0.4 million, a decrease from $0.7 million .

Six Months 2026 Financial Results (compared to Six Months 2025)

Total revenue was $9.2 million, a decrease from $14.1 million in the prior year period, attributed to delays in customer delivery acceptance . Gross profit was $5.5 million (60% of revenue), down from $10.0 million (71% of revenue) . Net operating expense was $7.1 million, compared to $7.7 million . Loss from operations was - $1.5 million, a decline from an income from operations of $2.3 million . Net loss was - $1.6 million, compared to a net income of $1.4 million . Adjusted EBITDA was - $0.5 million, a decrease from $2.4 million .

Six Months 2026 Cash Flow (compared to Six Months 2025)

Net cash used in operating activities was - $2,720,870, compared to net cash provided of $6,047,429 in the prior year period . Net cash used in investing activities was - $1,442,859, compared to - $3,261,941 . Net cash used in financing activities was - $122,116, compared to - $128,962 . The net decrease in cash was - $4,285,845, contrasting with a net increase of $2,656,526 . Cash and restricted cash at the end of the period stood at $14,308,753, down from $20,697,353 .

Outlook

VirTra, Inc. management believes the underlying demand environment remains healthy despite uncertainties around funding timelines . The company is encouraged by activity across its domestic, international, and military markets, as well as the continued strength of its backlog and opportunity pipeline . The acquisition of the Orlando facility is expected to positively contribute to future financial performance through tenant lease income and strengthen the company’s position in the military training and simulation market .