VSE Corp posts record Q2 2025 revenue of $272.1M, up 41.1%; lifts aviation margin guide
VSE reported second-quarter 2025 revenue of $272.1 million, up 41.1%, and adjusted EBITDA of $43.5 million, up 51.9%, with net income from continuing operations of $13.6 million. The company reaffirmed its 2025 revenue growth outlook of 35% to 40% and narrowed its Aviation adjusted EBITDA margin guidance to 16.5% to 17%, while a $10.4 million loss from discontinued operations left total quarterly net income at $3.2 million.
Key points
- Revenue of $272.1 million, up 41.1% from $192.8 million in the second quarter of 2024.
- Net income from continuing operations of $13.6 million, or $0.66 diluted EPS, versus a loss of $5.3 million, or $0.31 per share, a year earlier.
- Full-year 2025 revenue growth guidance of 35% to 40% reaffirmed; Aviation adjusted EBITDA margin guidance raised to 16.5% to 17% from 16% to 17%.
- Total net income of $3.2 million after a $10.4 million loss from discontinued operations; six-month net loss of $5.8 million.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.