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VSE Corporation VSEC Intangibles (Net)

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Other financials

Income statement

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Revenue$449.1M+65.0%
Operating income$49.0M+117%
Net income$28.5M+792%
EPS (diluted)$0.91+469%

Balance sheet

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Cash & equivalents$75.4M+346%
Total debt$1.0B+146%
Total equity$2.9B+199%
Total assets$4.4B+174%

Cash flow

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Operating cash flow-$62.3M-33.5%
CapEx$8.9M+58.7%
Free cash flow-$68.7M-38.8%

Valuation

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Market cap$6.33B+95.9%
Enterprise value$7.28B+100%
P/E84.3×-86.3×
P/S4.7×+1.3×

Profitability

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Gross margin60.6%
Operating margin9.2%0.0pp
Net margin5.5%+3.6pp
FCF margin-9.9%

Returns & leverage

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Return on equity3.8%+1.7pp
Debt / equity0.3×-0.1×
Current ratio3.8×0.0×

Where this comes from

Reported directly by VSE Corporation in its filing.

Tagged under the XBRL concept us-gaap:FiniteLivedIntangibleAssetsNet.

The source filing: VSE Corporation’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:34 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000102752-26-000064
June 30, 2026:Weighted-average Useful Life (in years)Gross Carrying ValueAccumulated AmortizationNet Carrying Value
Customer-related12.1$1,057,373$(126,926)$930,447
Distribution rights15.124,932(3,289)21,643
Total12.1$1,082,305$(130,215)$952,090
December 31, 2025:
Customer-related12.2$396,150$(100,188)$295,962

Item 1. Financial Statements

FAQ

What is VSE Corporation's intangibles (net)?
VSE Corporation (VSEC) reported intangibles (net) of $952.09M in Q2 2026.
How has VSE Corporation's intangibles (net) changed year-over-year?
VSE Corporation's intangibles (net) increased by 356.6% year-over-year, from $208.54M to $952.09M.
What is the long-term trend for VSE Corporation's intangibles (net)?
Over 5 years (2020 to 2025), VSE Corporation's intangibles (net) has grown at a 23.4% compound annual growth rate (CAGR), from $103.6M to $295.96M.
What does intangibles (net) mean?
Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

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