What is VSE Corporation's D&A?

VSE Corporation (VSEC) reported D&A of $12.75M in Q1 2026.

How has VSE Corporation's D&A changed year-over-year?

VSE Corporation's D&A increased by 28.7% year-over-year, from $9.91M to $12.75M.

What is the long-term trend for VSE Corporation's D&A?

Over 4 years (2021 to 2025), VSE Corporation's D&A has grown at a 12.9% compound annual growth rate (CAGR), from $24.59M to $39.92M.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

VSE Corporation VSEC D&A

D&A at other companies

AAR CorpAIR

$20.2M+44.3%

HEICOHEI

$56.63M+15.9%

StandardAeroSARO

$46.46M-4.6%

AstronicsATRO

$5.89M+5.5%

Archer AviationACHR

$7.8M+90.2%

FTAI Aviation Ltd.FTAI

$52.29M-12.2%

Other financials

Income statement

See full

Revenue$324.6M+26.8%

Operating income$32.7M+33.6%

Net income$29.1M+424%

EPS (diluted)$1.04+336%

Balance sheet

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Cash & equivalents$1.2B+11,695%

Total debt$402.5M-20.2%

Total equity$2.7B+173%

Total assets$3.3B+91.0%

Cash flow

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Operating cash flow-$62.3M-33.5%

CapEx$6.5M+125%

Free cash flow-$68.7M-38.8%

Valuation

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Market cap$6.15B+109%

Profitability

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Gross margin60.6%—

Operating margin8.3%+0.6pp

Net margin4.2%+2.7pp

FCF margin-9.9%—

Returns & leverage

See full

Return on equity2.7%+1.1pp

Debt / equity0.2×-0.4×

Current ratio8.8×+4.9×

Where this comes from

Reported directly by VSE Corporation in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: VSE Corporation’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is VSE Corporation's D&A?: VSE Corporation (VSEC) reported D&A of $12.75M in Q1 2026.
How has VSE Corporation's D&A changed year-over-year?: VSE Corporation's D&A increased by 28.7% year-over-year, from $9.91M to $12.75M.
What is the long-term trend for VSE Corporation's D&A?: Over 4 years (2021 to 2025), VSE Corporation's D&A has grown at a 12.9% compound annual growth rate (CAGR), from $24.59M to $39.92M.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.