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VSE Corporation VSEC Debt Issuance Costs

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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:PaymentsOfDebtIssuanceCosts.

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
(in thousands)Six months ended June 30, 2026Six months ended June 30, 2025
Repayments on amortizing notes(5,299)
Proceeds from issuance of common stock, net829,676463
Proceeds from issuance of tangible equity units, net444,908
Payment of debt financing costs(7,909)(2,584)
Payment of taxes for equity transactions(9,119)(4,248)
Dividends paid(5,146)(4,127)
Other(984)
Net cash provided by (used in) financing activities1,836,961(59,996)

Item 1. Financial Statements

FAQ

What is VSE Corporation's debt issuance costs?
VSE Corporation (VSEC) reported debt issuance costs of $6.6M in Q2 2026.
How has VSE Corporation's debt issuance costs changed year-over-year?
VSE Corporation's debt issuance costs increased by 155.3% year-over-year, from $2.58M to $6.6M.
What does debt issuance costs mean?
Cash paid for fees, legal costs, and underwriting discounts associated with issuing new debt.

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