What is Virtra Inc's earnings per share (EPS)?

Virtra Inc (VTSI) reported diluted earnings per share of $0.02 for fiscal year 2025. This represents a -83.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Virtra Inc Financials

VTSI

Source SEC Filings (10-K/10-Q) Updated Mar 26, 2026 Currency USD FYE March

This page shows Virtra Inc (VTSI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 48/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Virtra Inc has an operating margin of 1.9%, meaning the company retains $2 of operating profit per $100 of revenue. This below-average margin results in a low score of 27/100, suggesting thin profitability after operating expenses. This is down from 7.6% the prior year.

Growth

Virtra Inc's revenue declined 15% year-over-year, from $26.4M to $22.4M. This contraction results in a growth score of 8/100.

Leverage

100

Virtra Inc carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 4.01, Virtra Inc holds $4.01 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 79/100.

Cash Flow

Virtra Inc has a free cash flow margin of 13.7%, earning a moderate score of 59/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Virtra Inc generates a 0.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 12/100. This is down from 3.0% the prior year.

Altman Z-Score Grey Zone

2.47

Virtra Inc scores 2.47, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($41.3M) relative to total liabilities ($19.5M). This signals moderate financial risk that warrants monitoring.

Piotroski F-Score Neutral

4/9

Virtra Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

17.75x

For every $1 of reported earnings, Virtra Inc generates $17.75 in operating cash flow ($4.6M OCF vs $258K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$22.4M

YoY-15.0%

5Y CAGR+3.3%

Virtra Inc generated $22.4M in revenue in fiscal year 2025. This represents a decrease of 15.0% from the prior year.

EBITDA

$2.2M

YoY-29.8%

5Y CAGR+6.5%

Virtra Inc's EBITDA was $2.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 29.8% from the prior year.

Net Income

$258K

YoY-81.0%

5Y CAGR-29.4%

Virtra Inc reported $258K in net income in fiscal year 2025. This represents a decrease of 81.0% from the prior year.

EPS (Diluted)

$0.02

YoY-83.3%

5Y CAGR-36.3%

Virtra Inc earned $0.02 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 83.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$3.1M

YoY+622.3%

Virtra Inc generated $3.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 622.3% from the prior year.

Cash & Debt

$18.6M

YoY+3.1%

5Y CAGR+22.1%

Virtra Inc held $18.6M in cash against $129K in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

11M

YoY+0.4%

5Y CAGR+7.8%

Virtra Inc had 11M shares outstanding in fiscal year 2025. This represents an increase of 0.4% from the prior year.

Margins & Returns

Gross Margin

67.9%

YoY-5.8pp

5Y CAGR+5.5pp

Virtra Inc's gross margin was 67.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 5.8 percentage points from the prior year.

Operating Margin

1.9%

YoY-5.6pp

5Y CAGR-4.5pp

Virtra Inc's operating margin was 1.9% in fiscal year 2025, reflecting core business profitability. This is down 5.6 percentage points from the prior year.

Net Margin

1.1%

YoY-4.0pp

5Y CAGR-6.6pp

Virtra Inc's net profit margin was 1.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.0 percentage points from the prior year.

Return on Equity

0.6%

YoY-2.4pp

5Y CAGR-12.1pp

Virtra Inc's ROE was 0.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.4 percentage points from the prior year.

Capital Allocation

R&D Spending

$2.4M

YoY-20.6%

5Y CAGR+8.3%

Virtra Inc invested $2.4M in research and development in fiscal year 2025. This represents a decrease of 20.6% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$1.5M

YoY-17.9%

Virtra Inc invested $1.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 17.9% from the prior year.

VTSI Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$22.4M-15.0%	$26.4M-32.1%	$38.8M+37.1%	$28.3M+15.8%	$24.4M+28.0%	$19.1M
Cost of Revenue	$7.2M+3.8%	$6.9M-39.0%	$11.4M-5.6%	$12.0M-7.5%	$13.0M+81.3%	$7.2M
Gross Profit	$15.2M-21.7%	$19.4M-29.2%	$27.4M+68.6%	$16.3M+42.5%	$11.4M-4.2%	$11.9M
R&D Expenses	$2.4M-20.6%	$3.0M+7.5%	$2.8M+7.2%	$2.6M+39.7%	$1.9M+16.4%	$1.6M
SG&A Expenses	$12.4M-14.1%	$14.4M+1.2%	$14.2M+28.8%	$11.1M+36.7%	$8.1M-10.9%	$9.1M
Operating Income	$437K-78.1%	$2.0M-80.8%	$10.4M+300.3%	$2.6M+78.4%	$1.5M+18.6%	$1.2M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	-$111K-112.5%	$887K-51.2%	$1.8M+218.2%	$572K+132.3%	$246K+212.5%	-$219K
Net Income	$258K-81.0%	$1.4M-85.1%	$9.2M+367.9%	$2.0M-23.0%	$2.5M+71.8%	$1.5M
EPS (Diluted)	$0.02-83.3%	$0.12-85.9%	$0.85+372.2%	$0.18-28.0%	$0.25+31.6%	$0.19

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$5.3M-23.3%	$7.0M-2.5%	$7.2M+31.5%	$5.4M-27.2%	$7.5M+23.2%	$6.1M-17.3%	$7.3M-32.4%	$10.9M
Cost of Revenue	$1.8M-15.4%	$2.2M+10.3%	$2.0M+11.0%	$1.8M-10.9%	$2.0M+260.9%	$550K-79.1%	$2.6M+54.1%	$1.7M
Gross Profit	$3.5M-26.9%	$4.8M-7.4%	$5.2M+41.4%	$3.7M-33.1%	$5.5M-0.5%	$5.5M+17.2%	$4.7M-48.5%	$9.2M
R&D Expenses	$690K+13.4%	$608K-0.2%	$609K+85.6%	$328K-70.9%	$1.1M+31.7%	$855K+23.4%	$693K-16.3%	$829K
SG&A Expenses	$3.3M-0.3%	$3.3M+2.2%	$3.2M-17.2%	$3.9M+7.5%	$3.6M+2.2%	$3.5M+5.0%	$3.4M-32.8%	$5.0M
Operating Income	-$450K-149.2%	$914K-33.2%	$1.4M+352.8%	-$541K-171.6%	$756K-33.2%	$1.1M+74.0%	$650K-80.4%	$3.3M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$28K+412.1%	-$9K-108.8%	$102K+27.0%	$80K-61.4%	$208K+137.5%	$88K-82.9%	$511K+1253.5%	-$44K
Net Income	-$389K-321.6%	$175K-86.1%	$1.3M+242.3%	-$888K-252.3%	$583K-51.4%	$1.2M+156.5%	$468K-86.8%	$3.5M
EPS (Diluted)	$-0.03-250.0%	$0.02-81.8%	$0.11	N/A	$0.05-54.5%	$0.11+175.0%	$0.04	N/A

VTSI Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$65.1M-0.5%	$65.5M-7.0%	$70.4M+30.8%	$53.8M+8.6%	$49.6M+117.9%	$22.8M
Current Assets	$41.0M-7.8%	$44.5M-10.6%	$49.7M+45.9%	$34.1M+1.8%	$33.5M+91.2%	$17.5M
Cash & Equivalents	$18.6M+3.1%	$18.0M-4.3%	$18.8M+39.8%	$13.5M-31.6%	$19.7M+188.1%	$6.8M
Inventory	$13.1M-10.4%	$14.6M+17.6%	$12.4M+29.3%	$9.6M+91.3%	$5.0M+42.6%	$3.5M
Accounts Receivable	$5.5M-31.3%	$8.0M-51.4%	$16.5M+448.5%	$3.0M-22.9%	$3.9M+182.7%	$1.4M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$19.5M-1.1%	$19.8M-26.8%	$27.0M+34.2%	$20.1M+9.7%	$18.3M+65.4%	$11.1M
Current Liabilities	$10.2M+6.0%	$9.6M-38.8%	$15.8M+61.5%	$9.8M+29.0%	$7.6M+4.2%	$7.3M
Long-Term Debt	$129K-98.3%	$7.8M	N/A	N/A	N/A	N/A
Total Equity	$45.6M-0.2%	$45.7M+5.4%	$43.4M+28.8%	$33.7M+7.9%	$31.2M+167.9%	$11.7M
Retained Earnings	$12.5M-1.9%	$12.8M+12.0%	$11.4M+404.9%	$2.3M+642.9%	$304K+113.6%	-$2.2M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$66.2M-1.7%	$67.4M+0.9%	$66.8M+2.1%	$65.5M-0.9%	$66.1M+0.1%	$66.0M-4.8%	$69.4M-1.4%	$70.4M
Current Assets	$42.6M-3.5%	$44.1M-2.4%	$45.2M+1.7%	$44.5M-1.0%	$44.9M+1.3%	$44.3M-6.7%	$47.5M-4.5%	$49.7M
Cash & Equivalents	$20.8M+0.3%	$20.7M+17.5%	$17.6M-2.4%	$18.0M-8.3%	$19.7M+6.8%	$18.4M-17.9%	$22.4M+18.9%	$18.8M
Inventory	$12.3M-3.7%	$12.8M-14.6%	$15.0M+2.8%	$14.6M+4.8%	$13.9M+3.3%	$13.5M+9.6%	$12.3M-0.9%	$12.4M
Accounts Receivable	$5.0M-22.3%	$6.4M-27.6%	$8.9M+11.2%	$8.0M+10.9%	$7.2M-20.9%	$9.1M-11.4%	$10.3M-37.5%	$16.5M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$19.4M-3.3%	$20.0M+1.1%	$19.8M+0.3%	$19.8M-0.8%	$19.9M-3.4%	$20.6M-18.8%	$25.4M-6.0%	$27.0M
Current Liabilities	$9.7M-3.4%	$10.0M+0.6%	$10.0M+3.4%	$9.6M+7.7%	$9.0M-6.2%	$9.5M-33.4%	$14.3M-9.0%	$15.8M
Long-Term Debt	N/A	N/A	N/A	$7.8M	N/A	N/A	N/A	N/A
Total Equity	$46.8M-1.1%	$47.3M+0.8%	$47.0M+2.8%	$45.7M-1.0%	$46.2M+1.6%	$45.4M+3.2%	$44.0M+1.4%	$43.4M
Retained Earnings	$13.8M-2.7%	$14.2M+1.2%	$14.0M+9.9%	$12.8M-6.5%	$13.7M+4.5%	$13.1M+10.1%	$11.9M+4.1%	$11.4M

VTSI Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$4.6M+264.9%	$1.3M-81.2%	$6.7M+348.1%	-$2.7M-2041.9%	-$126K-105.6%	$2.2M
Capital Expenditures	$1.5M-17.9%	$1.8M+63.6%	$1.1M-65.0%	$3.2M-6.6%	$3.4M	N/A
Free Cash Flow	$3.1M+622.3%	-$588K-110.6%	$5.6M+193.9%	-$5.9M-65.5%	-$3.6M	N/A
Investing Cash Flow	-$3.8M-104.9%	-$1.8M-63.6%	-$1.1M+66.2%	-$3.3M+10.6%	-$3.7M-301.6%	$1.9M
Financing Cash Flow	-$253K-14.8%	-$221K-17.3%	-$188K+1.2%	-$190K-101.1%	$16.7M+1159.4%	$1.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	$31K

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$36K-99.4%	$6.0M+9005.9%	$66K+107.2%	-$909K-201.2%	$898K+123.2%	-$3.9M-175.3%	$5.1M+121.7%	$2.3M
Capital Expenditures	-$97K-117.2%	$568K+32.6%	$428K+179.4%	$153K+83.7%	$83K+34.5%	$62K-96.0%	$1.5M+151.1%	$616K
Free Cash Flow	-$61K-101.1%	$5.4M+1592.7%	-$363K+65.8%	-$1.1M-230.4%	$814K+120.7%	-$3.9M-209.5%	$3.6M+111.0%	$1.7M
Investing Cash Flow	$97K+103.4%	-$2.8M-561.5%	-$428K-179.4%	-$153K-83.7%	-$83K-34.5%	-$62K+96.0%	-$1.5M-151.1%	-$616K
Financing Cash Flow	-$64K-1.0%	-$63K+3.2%	-$66K+88.4%	-$566K-227.8%	$443K+704.4%	-$73K-200.1%	-$24K+53.3%	-$52K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

VTSI Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	67.9%-5.8pp	73.7%+3.0pp	70.7%+13.2pp	57.4%+10.8pp	46.7%-15.7pp	62.4%
Operating Margin	1.9%-5.6pp	7.6%-19.2pp	26.8%+17.6pp	9.2%+3.2pp	5.9%-0.5pp	6.4%
Net Margin	1.1%-4.0pp	5.2%-18.4pp	23.6%+16.7pp	6.9%-3.5pp	10.4%+2.6pp	7.8%
Return on Equity	0.6%-2.4pp	3.0%-18.1pp	21.1%+15.3pp	5.8%-2.3pp	8.1%-4.5pp	12.7%
Return on Assets	0.4%-1.7pp	2.1%-10.9pp	13.0%+9.4pp	3.6%-1.5pp	5.1%-1.4pp	6.5%
Current Ratio	4.01-0.6	4.61+1.5	3.16-0.3	3.49-0.9	4.43+2.0	2.41
Debt-to-Equity	0.00-0.2	0.17-0.5	0.62+0.0	0.60+0.0	0.59-0.4	0.95
FCF Margin	13.7%+15.9pp	-2.2%-16.5pp	14.3%+35.2pp	-20.9%-6.3pp	-14.6%	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	65.8%-3.2pp	69.0%-3.6pp	72.6%+5.1pp	67.5%-5.9pp	73.5%-17.5pp	90.9%+26.8pp	64.2%-20.1pp	84.3%
Operating Margin	-8.4%-21.5pp	13.1%-6.0pp	19.1%+29.0pp	-9.9%-20.0pp	10.1%-8.5pp	18.6%+9.8pp	8.8%-21.6pp	30.5%
Net Margin	-7.3%-9.8pp	2.5%-15.1pp	17.6%+34.0pp	-16.3%-24.1pp	7.8%-12.0pp	19.8%+13.4pp	6.4%-26.2pp	32.6%
Return on Equity	-0.8%-1.2pp	0.4%-2.3pp	2.7%+4.6pp	-1.9%-3.2pp	1.3%-1.4pp	2.6%+1.6pp	1.1%-7.1pp	8.2%
Return on Assets	-0.6%-0.9pp	0.3%-1.6pp	1.9%+3.3pp	-1.4%-2.2pp	0.9%-0.9pp	1.8%+1.1pp	0.7%-4.4pp	5.0%
Current Ratio	4.400.0	4.40-0.1	4.54-0.1	4.61-0.4	5.02+0.4	4.65+1.3	3.31+0.2	3.16
Debt-to-Equity	0.410.0	0.420.0	0.42+0.3	0.17-0.3	0.43-0.0	0.45-0.1	0.58-0.0	0.62
FCF Margin	-1.1%-78.7pp	77.6%+82.6pp	-5.1%+14.4pp	-19.5%-30.4pp	10.9%+75.6pp	-64.7%-113.6pp	48.9%+33.2pp	15.7%

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Frequently Asked Questions

What is Virtra Inc's annual revenue?

Virtra Inc (VTSI) reported $22.4M in total revenue for fiscal year 2025. This represents a -15.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Virtra Inc's revenue growing?

Virtra Inc (VTSI) revenue declined by 15% year-over-year, from $26.4M to $22.4M in fiscal year 2025.

Is Virtra Inc profitable?

Yes, Virtra Inc (VTSI) reported a net income of $258K in fiscal year 2025, with a net profit margin of 1.1%.

What is Virtra Inc's EBITDA?

Virtra Inc (VTSI) had EBITDA of $2.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Virtra Inc have?

As of fiscal year 2025, Virtra Inc (VTSI) had $18.6M in cash and equivalents against $129K in long-term debt.

What is Virtra Inc's gross margin?

Virtra Inc (VTSI) had a gross margin of 67.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Virtra Inc's operating margin?

Virtra Inc (VTSI) had an operating margin of 1.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Virtra Inc's net profit margin?

Virtra Inc (VTSI) had a net profit margin of 1.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Virtra Inc's return on equity (ROE)?

Virtra Inc (VTSI) has a return on equity of 0.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Virtra Inc's free cash flow?

Virtra Inc (VTSI) generated $3.1M in free cash flow during fiscal year 2025. This represents a 622.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Virtra Inc's operating cash flow?

Virtra Inc (VTSI) generated $4.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Virtra Inc's total assets?

Virtra Inc (VTSI) had $65.1M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Virtra Inc's capital expenditures?

Virtra Inc (VTSI) invested $1.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Virtra Inc spend on research and development?

Virtra Inc (VTSI) invested $2.4M in research and development during fiscal year 2025.

How many shares does Virtra Inc have outstanding?

Virtra Inc (VTSI) had 11M shares outstanding as of fiscal year 2025.

What is Virtra Inc's current ratio?

Virtra Inc (VTSI) had a current ratio of 4.01 as of fiscal year 2025, which is generally considered healthy.

What is Virtra Inc's debt-to-equity ratio?

Virtra Inc (VTSI) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Virtra Inc's return on assets (ROA)?

Virtra Inc (VTSI) had a return on assets of 0.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Virtra Inc's Altman Z-Score?

Virtra Inc (VTSI) has an Altman Z-Score of 2.47, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Virtra Inc's Piotroski F-Score?

Virtra Inc (VTSI) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Virtra Inc's earnings high quality?

Virtra Inc (VTSI) has an earnings quality ratio of 17.75x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Virtra Inc?

Virtra Inc (VTSI) scores 48 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.