V2X, Inc. (VVX)

NYSE Industrials Aerospace & Defense S&P SmallCap 600

$76.14

+2.13 (+2.88%)

Close of Nov 06, 2026 · end-of-day data

Source: V2X, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 03, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.19B	$1.11B	$1.28B	$1.38B	$1.40B	$1.78B	$2.89B	$3.96B	$4.32B	$4.48B
Cost of revenue	$1.08B	$1.01B	$1.16B	$1.25B	$1.27B	$1.62B	$2.60B	$3.63B	$3.98B	$4.11B
Gross profit	$106.91M	$101.95M	$114.43M	$127.97M	$124.15M	$160.42M	$295.01M	$334.86M	$342.96M	$373.38M
Selling, general & admin	$64.09M	$60.73M	$66.37M	$78.32M	$80.68M	$98.40M	$239.24M	$210.44M	$183.76M	$179.11M
Operating income	$42.83M	$41.22M	$48.05M	$49.65M	$43.48M	$62.02M	$55.77M	$124.42M	$159.20M	$194.27M
Pre-tax income	$37.19M	$36.58M	$42.98M	$43.18M	$38.68M	$54.03M	-$6.11M	-$24.52M	$38.84M	$100.90M
Income tax	$13.53M	-$22.92M	$7.90M	$10.00M	$1.73M	$8.31M	$8.22M	-$1.95M	$4.16M	$23.02M
Net income	$23.66M	$59.50M	$35.09M	$33.18M	$36.95M	$45.73M	-$14.33M	-$22.57M	$34.68M	$77.88M
EBITDA	$44.75M	$42.91M	$49.85M	$53.03M	$47.57M	$68.55M	$69.24M	$146.82M	$179.95M	$211.25M
EPS (basic)	$2.21	$5.40	$3.13	$2.90	$3.19	$3.91	$-0.68	$-0.73	$1.10	$2.47
EPS (diluted)	$2.16	$5.31	$3.08	$2.86	$3.14	$3.86	$-0.68	$-0.73	$1.08	$2.45
Diluted shares	10.97M	11.21M	11.38M	11.61M	11.75M	11.84M	21.00M	31.08M	31.97M	31.82M
Gross margin	9.0%	9.1%	8.9%	9.3%	8.9%	9.0%	10.2%	8.4%	7.9%	8.3%
Operating margin	3.6%	3.7%	3.8%	3.6%	3.1%	3.5%	1.9%	3.1%	3.7%	4.3%
Net margin	2.0%	5.3%	2.7%	2.4%	2.6%	2.6%	-0.5%	-0.6%	0.8%	1.7%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$47.65M	$77.45M	$66.14M	$35.32M	$66.95M	$38.51M	$116.07M	$72.65M	$268.32M	$368.99M
Receivables	$172.07M	$175.00M	$232.12M	$269.14M	$314.96M	$348.61M	$728.58M	$706.00M	$710.07M	$730.26M
Inventory	—	—	—	—	—	—	$44.97M	$46.98M	$50.89M	$45.85M
Total current assets	$244.14M	$271.95M	$313.33M	$320.62M	$408.39M	$423.34M	$931.93M	$874.87M	$1.10B	$1.23B
Goodwill	$216.93M	$216.93M	$233.62M	$261.98M	$339.70M	$321.73M	$1.65B	$1.66B	$1.66B	$1.68B
Total assets	$465.31M	$495.55M	$572.24M	$636.39M	$843.81M	$889.46M	$3.23B	$3.08B	$3.23B	$3.27B
Total current liabilities	$187.84M	$182.18M	$224.99M	$245.08M	$288.41M	$358.25M	$783.13M	$840.20M	$996.22M	$1.01B
Short-term debt	$15.75M	$4.00M	$4.50M	$6.50M	$8.60M	$10.40M	$11.85M	$15.36M	$20.00M	$14.94M
Long-term debt	$67.84M	$73.21M	$69.14M	$63.04M	$168.75M	$94.25M	$1.26B	$1.10B	$1.09B	$1.08B
Total debt	$83.59M	$77.21M	$73.64M	$69.54M	$177.35M	$104.65M	$1.27B	$1.12B	$1.11B	$1.10B
Total liabilities	$347.90M	$312.18M	$350.94M	$377.52M	$538.87M	$539.37M	$2.24B	$2.09B	$2.20B	$2.19B
Shareholders' equity	$117.40M	$182.61M	$220.32M	$258.87M	$304.94M	$350.09M	$997.08M	$990.80M	$1.03B	$1.08B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$36.62M	$35.41M	$40.06M	$27.56M	$64.08M	$61.34M	$93.50M	$187.97M	$254.24M	$181.99M
Capital expenditures	$741.00K	$2.34M	$10.03M	$16.15M	$4.50M	$9.78M	$12.43M	$25.02M	$11.79M	$11.92M
Free cash flow	$35.88M	$33.07M	$30.03M	$11.41M	$59.58M	$51.56M	$81.07M	$162.95M	$242.45M	$170.07M
Investing cash flow	-$52.00K	-$2.34M	-$46.85M	-$55.83M	-$138.03M	-$12.64M	$175.96M	-$22.65M	-$28.65M	-$29.58M
Financing cash flow	-$28.06M	-$7.13M	-$3.29M	-$1.90M	$105.77M	-$75.58M	-$193.24M	-$211.02M	-$24.50M	-$51.48M
Share buybacks	—	—	—	—	—	—	—	$0	$0	$30.00M
Stock-based compensation	$4.65M	$4.47M	$4.10M	$8.26M	$9.45M	$8.33M	$32.74M	$32.84M	$15.97M	$11.92M
Depreciation & amortization	$1.92M	$1.69M	$1.80M	$3.38M	$4.10M	$6.53M	$13.47M	$22.41M	$20.75M	$16.98M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Apr 2026	Jul 2026	Oct 2026
Revenue	$1.04B	$1.01B	$1.07B	$1.08B	$1.16B	$1.02B	$1.08B	$1.17B	$1.22B	$1.25B	$1.26B	$1.27B
Cost of revenue	$942.36M	$940.29M	$998.35M	$990.22M	$1.05B	$937.82M	$982.60M	$1.07B	$1.11B	$1.15B	$1.15B	$1.17B
Gross profit	$97.95M	$70.27M	$73.83M	$91.44M	$107.42M	$78.10M	$95.73M	$94.50M	$105.04M	$105.82M	$109.50M	$103.43M
Selling, general & admin	$59.42M	$39.94M	$46.41M	$41.55M	$55.86M	$43.80M	$42.79M	$38.84M	$53.68M	$61.73M	$55.69M	$43.95M
Operating income	$38.53M	$30.33M	$27.43M	$49.89M	$51.56M	$34.30M	$52.94M	$55.67M	$51.36M	$44.09M	$53.81M	$59.48M
Pre-tax income	$7.93M	$1.12M	-$8.11M	$19.54M	$26.29M	$10.07M	$29.45M	$32.75M	$28.64M	$23.52M	$33.23M	$41.52M
Income tax	$8.42M	-$20.00K	-$1.57M	$4.49M	$1.26M	$1.96M	$7.06M	$8.14M	$5.86M	$4.59M	$7.69M	$9.53M
Net income	-$492.00K	$1.14M	-$6.54M	$15.05M	$25.03M	$8.11M	$22.39M	$24.61M	$22.78M	$18.93M	$25.54M	$31.99M
EBITDA	$44.40M	$36.57M	$33.05M	$54.46M	$55.87M	$38.55M	$56.87M	$59.96M	$55.88M	$48.05M	$57.92M	$63.22M
EPS (basic)	$-0.02	$0.04	$-0.21	$0.48	$0.79	$0.26	$0.71	$0.78	$0.73	$0.61	$0.82	$1.02
EPS (diluted)	$-0.02	$0.04	$-0.21	$0.47	$0.78	$0.25	$0.70	$0.77	$0.72	$0.60	$0.81	$1.01
Diluted shares	36.00K	31.79M	31.47M	31.97M	46.00K	32.02M	31.88M	31.86M	-61.00K	31.51M	31.52M	31.59M
Gross margin	9.4%	7.0%	6.9%	8.5%	9.3%	7.7%	8.9%	8.1%	8.6%	8.4%	8.7%	8.1%
Operating margin	3.7%	3.0%	2.6%	4.6%	4.5%	3.4%	4.9%	4.8%	4.2%	3.5%	4.3%	4.7%
Net margin	-0.0%	0.1%	-0.6%	1.4%	2.2%	0.8%	2.1%	2.1%	1.9%	1.5%	2.0%	2.5%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Apr 2026	Jul 2026	Oct 2026
Cash & equivalents	$72.65M	$35.66M	$44.77M	$59.86M	$268.32M	$169.06M	$190.46M	$182.32M	$368.99M	$208.67M	$214.31M	$265.07M
Receivables	$706.00M	$788.49M	$781.90M	$766.40M	$710.07M	$705.38M	$738.90M	$773.29M	$730.26M	$828.76M	$827.36M	$809.79M
Inventory	$46.98M	—	$46.58M	$49.71M	$50.89M	$49.89M	$50.21M	$48.00M	$45.85M	$48.70M	$59.07M	$62.74M
Total current assets	$874.87M	$953.58M	$976.59M	$982.30M	$1.10B	$1.00B	$1.07B	$1.10B	$1.23B	$1.17B	$1.21B	$1.25B
Goodwill	$1.66B	$1.65B	$1.66B	$1.65B	$1.66B	$1.66B	$1.66B	$1.68B	$1.68B	$1.68B	$1.68B	$1.68B
Total assets	$3.08B	$3.14B	$3.15B	$3.13B	$3.23B	$3.10B	$3.15B	$3.18B	$3.27B	$3.19B	$3.20B	$3.22B
Total current liabilities	$840.20M	$852.74M	$888.18M	$906.05M	$996.22M	$867.09M	$886.54M	$914.26M	$1.01B	$933.30M	$914.41M	$917.57M
Short-term debt	$15.36M	$15.36M	$16.88M	$16.88M	$20.00M	$19.93M	$14.94M	$14.94M	$14.94M	$14.94M	$16.11M	$17.59M
Long-term debt	$1.10B	$1.15B	$1.14B	$1.10B	$1.09B	$1.09B	$1.09B	$1.09B	$1.08B	$1.06B	$1.05B	$1.03B
Total debt	$1.12B	$1.17B	$1.16B	$1.11B	$1.11B	$1.11B	$1.11B	$1.10B	$1.10B	$1.08B	$1.06B	$1.05B
Total liabilities	$2.09B	$2.15B	$2.16B	$2.12B	$2.20B	$2.07B	$2.08B	$2.10B	$2.19B	$2.09B	$2.06B	$2.05B
Shareholders' equity	$990.80M	$993.74M	$991.95M	$1.00B	$1.03B	$1.04B	$1.07B	$1.08B	$1.08B	$1.10B	$1.13B	$1.17B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Apr 2026	Jul 2026	Oct 2026
Operating cash flow	$52.79M	-$57.23M	$25.68M	$62.65M	$223.13M	-$95.46M	$28.53M	$39.45M	$209.48M	-$129.91M	$21.55M	$67.32M
Capital expenditures	$8.46M	$7.78M	$736.00K	$2.19M	$1.09M	$2.70M	$2.48M	$4.48M	$2.26M	$2.29M	$1.08M	$3.36M
Free cash flow	$44.33M	-$65.00M	$24.94M	$60.47M	$222.05M	-$98.16M	$26.05M	$34.97M	$207.21M	-$132.20M	$20.47M	$63.96M
Investing cash flow	-$6.94M	-$24.71M	-$730.00K	-$2.19M	-$1.02M	-$2.61M	-$2.48M	-$29.79M	$5.29M	-$2.29M	-$1.08M	-$3.35M
Financing cash flow	-$55.29M	$46.46M	-$14.94M	-$48.26M	-$7.76M	-$3.80M	-$6.82M	-$13.26M	-$27.60M	-$28.43M	-$15.35M	-$13.74M
Share buybacks	—	—	—	—	$0	—	—	—	$20.00M	—	—	—
Stock-based compensation	$6.03M	$5.15M	$6.64M	$1.08M	$3.10M	$2.45M	$3.73M	$2.94M	$2.80M	$3.61M	$4.81M	$3.42M
Depreciation & amortization	$5.88M	$6.24M	$5.63M	$4.57M	$4.30M	$4.25M	$3.92M	$4.29M	$4.52M	$3.96M	$4.11M	$3.74M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.