V2X, Inc.

V2X, Inc.VVXEarnings & Financial Report

NYSE · Industrials · Services-Facilities Support Management Services

V2X, Inc. is a leading provider of integrated technology solutions, mission support services, and critical infrastructure engineering primarily serving U.S. federal government clients including the Department of Defense and civilian agencies, as well as select commercial customers. It delivers end-to-end capabilities for national security, public safety, and operational resilience across its core operating segments.

VVX Q4 FY2025 Key Financial Metrics

Revenue

$1.2B

Gross Profit

$105.0M

Operating Profit

$51.4M

Net Profit

$22.8M

Gross Margin

8.6%

Operating Margin

4.2%

Net Margin

1.9%

YoY Growth

5.3%

EPS

$0.73

V2X, Inc. Q4 FY2025 Financial Summary

V2X, Inc. reported revenue of $1.2B (up 5.3% YoY) for Q4 FY2025, with a net profit of $22.8M (down 9.0% YoY) (1.9% margin). Cost of goods sold was $1.1B, operating expenses totaled $53.7M.

Key Financial Metrics

Total Revenue$1.2B
Net Profit$22.8M
Gross Margin8.6%
Operating Margin4.2%
Report PeriodQ4 FY2025

Revenue Breakdown

V2X, Inc. Q4 FY2025 revenue of $1.2B breaks down across 4 segments, led by Army at $480.4M (39.4% of total).

SegmentRevenue% of Total
Army$480.4M39.4%
Navy$388.9M31.9%
Air Force$196.1M16.1%
Other Customers$153.3M12.6%

V2X, Inc. Revenue by Segment — Quarterly Trend

V2X, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Army and Navy) has evolved quarter over quarter.

SegmentQ4 FY2025Q3 FY2025Q2 FY2025Q1 FY2025
Army$480.4M$449.0M$457.4M$442.1M
Navy$388.9M$390.5M$354.3M$346.1M
Air Force$196.1M$167.6M$107.8M$99.1M
Other Customers$153.3M$160.0M$158.8M$128.5M

V2X, Inc. Annual Revenue by Year

V2X, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $4.5B).

YearAnnual Revenue
2025$4.5Bvs 2024
2024$4.3Bvs 2023
2023$4.0Bvs 2022

V2X, Inc. Quarterly Revenue & Net Profit History

V2X, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$1.2B+5.3%$22.8M1.9%
Q3 FY2025$1.2B+7.9%$24.6M2.1%
Q2 FY2025$1.1B+0.6%$22.4M2.1%
Q1 FY2025$1.0B+0.5%$8.1M0.8%
Q4 FY2024$1.2B+11.3%$25.0M2.2%
Q3 FY2024$1.1B+8.0%$15.1M1.4%
Q2 FY2024$1.1B+9.6%$-6.5M-0.6%
Q1 FY2024$1.0B+7.1%$1.1M0.1%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$1.01B$1.07B$1.08B$1.16B$1.02B$1.08B$1.17B$1.22B
YoY Growth7.1%9.6%8.0%11.3%0.5%0.6%7.9%5.3%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$3.14B$3.15B$3.13B$3.23B$3.10B$3.15B$3.18B$3.28B
Liabilities$2.15B$2.16B$2.12B$2.20B$2.07B$2.08B$2.10B$2.20B
Equity$993.7M$992.0M$1.00B$1.03B$1.04B$1.07B$1.08B$1.08B

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-57.2M$25.7M$62.7M$223.1M$-95.5M$28.5M$39.4M$209.5M