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Dogness (International) vs VirTra: revenue, profit, margins and growth compared

Dogness (International) brought in $20.7M of revenue in fiscal 2025, VirTra $22.4M in fiscal 2025. Revenue changed by +39.5% at Dogness (International) and -15.0% at VirTra on the year before, so Dogness (International) grew faster. Dogness (International) kept -24.6% of its revenue as net profit, VirTra 1.2%. Free cash flow was -$453.1K at Dogness (International) and $3.1M at VirTra.

Side by side, latest fiscal year

DOGZVTSI
Fiscal year endedFY2025 (June 30, 2025)FY2025 (December 31, 2025)
Revenue$20.7M$22.4M
Revenue growth+39.5%-15.0%
Net income-$5.1M$258.4K
Net margin-24.6%1.2%
Free cash flow-$453.1K$3.1M
Free cash flow margin-2.2%13.7%
Earnings per share (diluted)-$0.38$0.02
Cash$12.8M$18.6M
Debtn/a$7.5M
Price to earningsn/a143.0
Market value$13.2M$32.4M
Dividend yieldn/an/a
Rank by revenue in sector#826 of 955 · Consumer discretionary#821 of 955 · Consumer discretionary

Over the years

Revenue
DOGZ FY2018: $30.1MDOGZ FY2019: $26.2MDOGZ FY2020: $19.2MDOGZ FY2021: $24.3MDOGZ FY2022: $27.1MDOGZ FY2023: $17.6MDOGZ FY2024: $14.8MDOGZ FY2025: $20.7MVTSI FY2018: $18.1MVTSI FY2019: $18.7MVTSI FY2020: $19.1MVTSI FY2021: $24.4MVTSI FY2022: $28.3MVTSI FY2023: $38.3MVTSI FY2024: $26.4MVTSI FY2025: $22.4MFY18FY19FY20FY21FY22FY23FY24FY25
DOGZ $20.7MVTSI $22.4M
Net income
DOGZ FY2018: $4.6MDOGZ FY2019: $1.4MDOGZ FY2020: -$8.4MDOGZ FY2021: $1.5MDOGZ FY2022: $3.2MDOGZ FY2023: -$7.2MDOGZ FY2024: -$6.1MDOGZ FY2025: -$5.1MVTSI FY2018: $818.1KVTSI FY2019: -$75.3KVTSI FY2020: $1.5MVTSI FY2021: $2.5MVTSI FY2022: $2MVTSI FY2023: $8.7MVTSI FY2024: $1.4MVTSI FY2025: $258.4KFY18FY19FY20FY21FY22FY23FY24FY25
DOGZ -$5.1MVTSI $258.4K
Net margin
DOGZ FY2018: 15.3%DOGZ FY2019: 5.4%DOGZ FY2020: -44.0%DOGZ FY2021: 6.2%DOGZ FY2022: 11.9%DOGZ FY2023: -40.9%DOGZ FY2024: -40.8%DOGZ FY2025: -24.6%VTSI FY2018: 4.5%VTSI FY2019: -0.4%VTSI FY2020: 7.7%VTSI FY2021: 10.4%VTSI FY2022: 6.9%VTSI FY2023: 22.6%VTSI FY2024: 5.2%VTSI FY2025: 1.2%FY18FY19FY20FY21FY22FY23FY24FY25
DOGZ -24.6%VTSI 1.2%
Revenue growth
DOGZ FY2019: -13.0%DOGZ FY2020: -26.9%DOGZ FY2021: +26.9%DOGZ FY2022: +11.4%DOGZ FY2023: -35.1%DOGZ FY2024: -15.6%DOGZ FY2025: +39.5%VTSI FY2019: +3.5%VTSI FY2020: +2.0%VTSI FY2021: +28.0%VTSI FY2022: +15.8%VTSI FY2023: +35.3%VTSI FY2024: -31.2%VTSI FY2025: -15.0%FY19FY20FY21FY22FY23FY24FY25
DOGZ +39.5%VTSI -15.0%
Free cash flow
DOGZ FY2018: -$7.5MDOGZ FY2019: -$4.4MDOGZ FY2020: -$3MDOGZ FY2021: $3MDOGZ FY2022: -$9.1MDOGZ FY2023: -$10.4MDOGZ FY2024: -$2.7MDOGZ FY2025: -$453.1KVTSI FY2018: $1.5MVTSI FY2019: -$2.1MVTSI FY2021: -$3.6MVTSI FY2022: -$5.9MVTSI FY2023: $5.6MVTSI FY2024: -$588.3KVTSI FY2025: $3.1MFY18FY19FY20FY21FY22FY23FY24FY25
DOGZ -$453.1KVTSI $3.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Dogness (International) and VirTra

Which is bigger by revenue, Dogness (International) or VirTra?

VirTra is bigger by revenue: $22.4M in fiscal 2025, against $20.7M for Dogness (International) in fiscal 2025.

Which keeps more of its revenue as profit, Dogness (International) or VirTra?

Dogness (International) had a net margin of -24.6% in fiscal 2025; VirTra had 1.2% in fiscal 2025.

Which grew revenue faster, Dogness (International) or VirTra?

In their latest fiscal years revenue changed by +39.5% at Dogness (International) and -15.0% at VirTra.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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