vs

Side-by-side financial comparison of SILVERCORP METALS INC (SVM) and VSE CORP (VSEC). Click either name above to swap in a different company.

VSE CORP is the larger business by last-quarter revenue ($301.2M vs $223.8M, roughly 1.3× SILVERCORP METALS INC). VSE CORP runs the higher net margin — 4.5% vs -1.3%, a 5.8% gap on every dollar of revenue. Over the past eight quarters, SILVERCORP METALS INC's revenue compounded faster (87.6% CAGR vs 11.7%).

Silvercorp Metals Inc. (Silvercorp) is a Canadian-based, China-focused precious metals company engaged in the acquisition, exploration, and development of silver-containing properties.

VSE Corporation is a leading provider of aftermarket distribution and repair services. Operating through its two key segments, VSE significantly enhances the productivity and longevity of its customers' high-value, business-critical assets. The aviation segment is a leading provider of aftermarket parts distribution and maintenance, repair, and overhaul (MRO) services for components and engine accessories to commercial, business, and general aviation operators. The fleet segment specializes i...

SVM vs VSEC — Head-to-Head

Bigger by revenue
VSEC
VSEC
1.3× larger
VSEC
$301.2M
$223.8M
SVM
Higher net margin
VSEC
VSEC
5.8% more per $
VSEC
4.5%
-1.3%
SVM
Faster 2-yr revenue CAGR
SVM
SVM
Annualised
SVM
87.6%
11.7%
VSEC

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
SVM
SVM
VSEC
VSEC
Revenue
$223.8M
$301.2M
Net Profit
$-2.9M
$13.6M
Gross Margin
Operating Margin
10.8%
Net Margin
-1.3%
4.5%
Revenue YoY
0.7%
Net Profit YoY
3.9%
EPS (diluted)
$0.64

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SVM
SVM
VSEC
VSEC
Q4 25
$223.8M
$301.2M
Q3 25
$282.9M
Q2 25
$72.2M
$272.1M
Q1 25
$256.0M
Q4 24
$172.5M
$299.0M
Q3 24
$114.0M
$273.6M
Q2 24
$60.0M
$266.0M
Q1 24
$241.5M
Net Profit
SVM
SVM
VSEC
VSEC
Q4 25
$-2.9M
$13.6M
Q3 25
$3.9M
Q2 25
$28.1M
$3.2M
Q1 25
$-9.0M
Q4 24
$42.1M
$13.1M
Q3 24
$28.0M
$11.7M
Q2 24
$13.2M
$-2.8M
Q1 24
$-6.6M
Operating Margin
SVM
SVM
VSEC
VSEC
Q4 25
10.8%
Q3 25
3.6%
Q2 25
8.3%
Q1 25
9.6%
Q4 24
30.5%
9.2%
Q3 24
30.7%
8.7%
Q2 24
30.0%
2.3%
Q1 24
10.0%
Net Margin
SVM
SVM
VSEC
VSEC
Q4 25
-1.3%
4.5%
Q3 25
1.4%
Q2 25
39.0%
1.2%
Q1 25
-3.5%
Q4 24
24.4%
4.4%
Q3 24
24.5%
4.3%
Q2 24
22.0%
-1.0%
Q1 24
-2.7%
EPS (diluted)
SVM
SVM
VSEC
VSEC
Q4 25
$0.64
Q3 25
$0.19
Q2 25
$0.16
Q1 25
$-0.44
Q4 24
$0.79
Q3 24
$0.63
Q2 24
$-0.16
Q1 24
$-0.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SVM
SVM
VSEC
VSEC
Cash + ST InvestmentsLiquidity on hand
$69.4M
Total DebtLower is stronger
$292.8M
Stockholders' EquityBook value
$1.4B
Total Assets
$2.0B
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SVM
SVM
VSEC
VSEC
Q4 25
$69.4M
Q3 25
$8.8M
Q2 25
$16.9M
Q1 25
$5.7M
Q4 24
$29.0M
Q3 24
$7.9M
Q2 24
$19.0M
Q1 24
$10.6M
Total Debt
SVM
SVM
VSEC
VSEC
Q4 25
$292.8M
Q3 25
$356.1M
Q2 25
$379.2M
Q1 25
$465.0M
Q4 24
$430.2M
Q3 24
$450.3M
Q2 24
$463.5M
Q1 24
$481.6M
Stockholders' Equity
SVM
SVM
VSEC
VSEC
Q4 25
$1.4B
Q3 25
$983.3M
Q2 25
$979.5M
Q1 25
$975.7M
Q4 24
$988.2M
Q3 24
$787.8M
Q2 24
$781.3M
Q1 24
$612.7M
Total Assets
SVM
SVM
VSEC
VSEC
Q4 25
$2.0B
Q3 25
$1.6B
Q2 25
$1.6B
Q1 25
$1.7B
Q4 24
$1.7B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.3B
Debt / Equity
SVM
SVM
VSEC
VSEC
Q4 25
0.20×
Q3 25
0.36×
Q2 25
0.39×
Q1 25
0.48×
Q4 24
0.44×
Q3 24
0.57×
Q2 24
0.59×
Q1 24
0.79×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SVM
SVM
VSEC
VSEC
Operating Cash FlowLast quarter
$107.9M
$37.6M
Free Cash FlowOCF − Capex
$30.9M
FCF MarginFCF / Revenue
10.3%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
2.77×
TTM Free Cash FlowTrailing 4 quarters
$5.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SVM
SVM
VSEC
VSEC
Q4 25
$107.9M
$37.6M
Q3 25
$24.1M
Q2 25
$40.0M
$11.9M
Q1 25
$-46.6M
Q4 24
$81.3M
$55.4M
Q3 24
$57.7M
$10.2M
Q2 24
$28.9M
$-17.5M
Q1 24
$-79.1M
Free Cash Flow
SVM
SVM
VSEC
VSEC
Q4 25
$30.9M
Q3 25
$18.0M
Q2 25
$6.3M
Q1 25
$-49.5M
Q4 24
$52.1M
Q3 24
$33.8M
$4.4M
Q2 24
$17.0M
$-21.5M
Q1 24
$-86.8M
FCF Margin
SVM
SVM
VSEC
VSEC
Q4 25
10.3%
Q3 25
6.4%
Q2 25
2.3%
Q1 25
-19.3%
Q4 24
17.4%
Q3 24
29.6%
1.6%
Q2 24
28.3%
-8.1%
Q1 24
-35.9%
Capex Intensity
SVM
SVM
VSEC
VSEC
Q4 25
2.2%
Q3 25
2.1%
Q2 25
2.1%
Q1 25
1.1%
Q4 24
1.1%
Q3 24
21.0%
2.1%
Q2 24
19.8%
1.5%
Q1 24
3.2%
Cash Conversion
SVM
SVM
VSEC
VSEC
Q4 25
2.77×
Q3 25
6.16×
Q2 25
1.42×
3.72×
Q1 25
Q4 24
1.93×
4.24×
Q3 24
2.06×
0.87×
Q2 24
2.19×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons