Virtra

Q2 FY2026 EarningsQ2 FY26 results significantly exceeded consensus estimates across all top and bottom-line metrics, despite a YoY decline. Revenue of $5.8M beat expectations by 63%, while gross margin of 59.3% was slightly below the 61.5% consensus. Net loss of -$0.3M and Diluted EPS of -$0.02 significantly outperformed the expected loss of -$1.15M and -$0.11 respectively. Strong bookings of $5.5M and a $24.9M backlog highlight resilient demand despite domestic procurement timing delays.