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VSE Corporation VSEC Finished goods

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Other financials

Income statement

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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$6B+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

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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:InventoryFinishedGoods.

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 finished goods?
VSE Corporation (VSEC) reported finished goods of $625.74M in Q1 2026.
How has VSE Corporation's finished goods changed year-over-year?
VSE Corporation's finished goods increased by 41.7% year-over-year, from $441.46M to $625.74M.
What is the long-term trend for VSE Corporation's finished goods?
Over 5 years (2020 to 2025), VSE Corporation's finished goods has grown at a 16.9% compound annual growth rate (CAGR), from $253.42M to $553.83M.
What does finished goods mean?
Completed products ready for sale, valued at the lower of cost or net realizable value.