VSE Corp
VSEC
NASDAQ
Aerospace & Defense
$217.58
USD
+3.07 (+1.43%)
At close: Aug 21, 2026, 4:00 PM EDT
Market Cap $6.81B
Volume 259.3K
Revenue
$1.36B
TTM
+41.6%
YoY
Gross Margin
16%
TTM
+17.8%
YoY
Net Income
$75.06M
TTM
+296.4%
YoY
Operating Cash Flow
$27.02M
TTM
-12.3%
YoY
Revenue & Net Income
USD Millions
Margins Trend
Percent of revenue
Income Statement Detail
USD Millions, except per-share and share count figures
Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|
Revenue | 272.1 | 282.9 | 301.2 | 324.6 | 449.1 |
YoY Growth | +41.1% | +38.9% | +32.4% | +26.8% | +65.0% |
Cost of Revenue | 234.6 | 242.2 | 254.3 | 276.6 | 372.7 |
Gross Profit | 37.5 | 40.7 | 46.9 | 48.0 | 76.4 |
Selling, General & Administrative | 2.6 | 0.7 | 7.7 | 6.2 | 9.0 |
Other Operating Expenses | 0.0 | 23.3 | 0.0 | 0.0 | 0.0 |
Total Operating Expenses | 9.1 | 30.7 | 14.4 | 15.3 | 27.5 |
Operating Income | 28.4 | 10.1 | 32.5 | 32.7 | 49.0 |
EBITDA | 38.0 | 20.3 | 42.7 | 45.5 | 72.9 |
Other Income / Expense | -5.9 | 0.0 | 0.0 | 0.0 | -4.5 |
Total Other Income / Expense | -12.3 | -4.3 | -1.8 | 1.4 | -9.7 |
Income Before Income Taxes | 16.1 | 5.7 | 30.7 | 34.2 | 39.3 |
Income Taxes | 2.4 | 2.2 | 8.4 | 5.1 | 10.7 |
Net Income | 3.2 | 3.9 | 13.6 | 29.1 | 28.5 |
Consolidated Net Income / Loss | 3.2 | 3.9 | 13.6 | 29.1 | 28.5 |
Net Income Attributable to Common Shareholders | 3.2 | 3.9 | 13.6 | 29.1 | 28.5 |
Basic EPS | $0.15 | $0.19 | $0.60 | $1.06 | $0.92 |
Diluted EPS | $0.16 | $0.19 | $0.60 | $1.04 | $0.91 |
Basic Shares Outstanding | 20.7M | 20.7M | 22.6M | 27.5M | 30.9M |
Diluted Shares Outstanding | 20.7M | 20.8M | 22.7M | 27.8M | 31.4M |