VVX

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V2X, Inc.

Recurring revenue Sells to businesses Government contractsTags from an AI model reading the company description.

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Key Metrics

Previous Close: $70.71
52-Week Range: $50.89 – $93.98
Market Cap: $2.22B
P/E (TTM): 24.41
EPS (TTM): 2.90
Dividend Yield: 0.00%

Advanced Metrics

Price/Book: 1.96
PEG Ratio: —
Return on Equity: 8.35%
Return on Assets: 4.04%
Gross Margin: 8.47%
Operating Margin: 4.28%
Profit Margin: 1.88%
Current Ratio: 1.32
Debt/Equity: 0.98
Total Debt: $1.11B
Free Cash Flow: $106.38M
Revenue Growth: 16.50%
Earnings Growth: 15.70%
Enterprise Value: $3.12B

VVX Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$2.89B	$3.96B	$4.32B	$4.48B
Cost of Revenue	$2.60B	$3.63B	$3.98B	$4.11B
Gross Profit	$295.01M	$334.86M	$342.96M	$373.38M
Selling, General & Admin	$239.24M	$210.44M	$183.76M	$179.11M
Operating Expenses	$239.24M	$210.44M	$183.76M	$179.11M
Operating Income	$55.77M	$124.42M	$159.20M	$194.27M
EBITDA	$118.40M	$211.24M	$262.88M	$295.77M
Pretax Income	-$6.11M	-$24.52M	$38.84M	$100.90M
Income Tax	$8.22M	-$1.95M	$4.16M	$23.02M
Net Income	-$14.33M	-$22.57M	$34.68M	$77.88M
Diluted EPS	-0.68	-0.73	1.08	2.45
Diluted Shares	21.00M	31.08M	31.97M	31.82M

VVX Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$116.07M	$72.65M	$268.32M	$368.99M
Receivables	$728.58M	$706.00M	$710.07M	$738.92M
Inventory	$44.97M	$46.98M	$50.89M	$45.85M
Current Assets	$931.93M	$874.87M	$1.10B	$1.24B
Total Assets	$3.23B	$3.08B	$3.23B	$3.28B
Current Liabilities	$783.13M	$840.20M	$996.22M	$1.02B
Long-Term Debt	$1.26B	$1.10B	$1.09B	$1.08B
Total Debt	$1.33B	$1.16B	$1.11B	$1.10B
Total Liabilities	$2.24B	$2.09B	$2.20B	$2.20B
Retained Earnings	$253.42M	$230.85M	$265.54M	$343.42M
Shareholders' Equity	$997.08M	$990.80M	$1.03B	$1.08B
Working Capital	$148.80M	$34.67M	$106.25M	$219.47M
Net Debt	$1.16B	$1.04B	$839.17M	$729.17M

VVX Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$93.50M	$187.97M	$254.24M	$181.99M
Capital Expenditure	-$12.43M	-$25.02M	-$11.79M	-$11.92M
Free Cash Flow	$81.07M	$162.95M	$242.45M	$170.07M
Depreciation & Amortisation	$62.63M	$113.31M	$114.88M	$112.52M
Stock-Based Compensation	$32.74M	$32.84M	$15.97M	$11.92M
Investing Cash Flow	$175.96M	-$22.65M	-$28.65M	-$29.58M
Financing Cash Flow	-$193.24M	-$211.02M	-$24.50M	-$51.48M
Share Repurchases	—	$0.00	$0.00	-$30.00M
Net Change in Cash	$76.22M	-$45.70M	$201.09M	$100.93M

VVX Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$1.08B	$1.17B	$1.22B	$1.25B	$1.26B
Cost of Revenue	$982.60M	$1.07B	$1.11B	$1.15B	$1.15B
Gross Profit	$95.73M	$94.50M	$105.04M	$105.82M	$109.50M
Selling, General & Admin	$42.79M	$38.84M	$53.68M	$61.73M	$55.69M
Operating Expenses	$42.79M	$38.84M	$53.68M	$61.73M	$55.69M
Operating Income	$52.94M	$55.67M	$51.36M	$44.09M	$53.81M
EBITDA	$77.93M	$81.83M	$77.94M	$70.85M	$80.80M
Pretax Income	$29.45M	$32.75M	$28.64M	$23.52M	$33.23M
Income Tax	$7.06M	$8.14M	$5.86M	$4.59M	$7.69M
Net Income	$22.39M	$24.61M	$22.78M	$18.93M	$25.54M
Diluted EPS	0.70	0.77	—	0.60	0.81
Diluted Shares	31.88M	31.86M	—	31.51M	31.52M

VVX Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$190.46M	$182.32M	$368.99M	$208.67M	$214.31M
Receivables	$738.90M	$773.29M	$738.92M	$828.76M	$827.36M
Inventory	—	—	$45.85M	$48.70M	$59.07M
Current Assets	$1.07B	$1.10B	$1.24B	$1.17B	$1.21B
Total Assets	$3.15B	$3.18B	$3.28B	$3.19B	$3.20B
Current Liabilities	$886.54M	$914.26M	$1.02B	$933.30M	$914.41M
Long-Term Debt	$1.09B	$1.09B	$1.08B	$1.06B	$1.05B
Total Debt	$1.14B	$1.14B	$1.10B	$1.08B	$1.06B
Total Liabilities	$2.08B	$2.10B	$2.20B	$2.09B	$2.06B
Retained Earnings	$296.03M	$320.64M	$343.42M	$362.34M	$387.88M
Shareholders' Equity	$1.07B	$1.08B	$1.08B	$1.10B	$1.13B
Working Capital	$180.56M	$184.36M	$219.47M	$236.10M	$290.94M
Net Debt	$916.20M	$921.92M	$729.17M	$867.20M	$849.77M

VVX Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$28.53M	$39.45M	$209.48M	-$129.91M	$21.55M
Capital Expenditure	-$2.48M	-$4.48M	-$2.26M	-$2.29M	-$1.08M
Free Cash Flow	$26.05M	$34.97M	$207.21M	-$132.20M	$20.47M
Depreciation & Amortisation	$27.71M	$28.12M	$28.65M	$28.11M	$28.29M
Stock-Based Compensation	$3.73M	$2.94M	$2.80M	$3.61M	$4.81M
Investing Cash Flow	-$2.48M	-$29.79M	$5.29M	-$2.29M	-$1.08M
Financing Cash Flow	-$6.82M	-$13.26M	-$27.60M	-$28.43M	-$15.35M
Share Repurchases	—	—	-$20.00M	—	—
Net Change in Cash	$19.23M	-$3.60M	$187.17M	-$160.63M	$5.12M

Market Snapshot

About

V2X is a leading provider of critical mission solutions and support services to defense and civilian government customers worldwide. The company delivers integrated solutions across training, logistics, technology, and operational support to enhance national security and mission readiness. V2X combines operational expertise with advanced technology to support complex military and government programs globally.