Why Is VirTra Stock Surging Friday?

VirTra (NASDAQ:VTSI) stock saw a significant surge in Friday's premarket trading following the firearms training simulator provider's release of better-than-expected third-quarter 2026 results. Revenue for the quarter jumped 42% year over year to $7.6 million, exceeding the analyst estimate of $4.39 million. Higher government and international sales played a key role in driving this growth.

The company reported GAAP earnings of 19 cents per diluted share, surpassing the forecasted loss of 3 cents per share. Net income reached $2.2 million, a significant improvement from the $400,000 loss in the same period last year. Gross profit rose 52% to $5.3 million, and gross margin expanded to 70% from 66%. Operating income reversed a $500,000 operating loss from the previous year to a $2 million gain.

Adjusted EBITDA climbed to $2.6 million from around $91,000. The company's bookings jumped 87% to $10.3 million, with a $27.6 million backlog at the end of September, including $14.1 million in capital contracts and $3.9 million in service contracts. Despite these positive signs, revenue for the first nine months fell 13% to $16.9 million due to delayed customer deliveries.

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