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VSE Corporation VSEC Services — Revenue

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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$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

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 services — revenue?
VSE Corporation (VSEC) reported services — revenue of $122.23M in Q1 2026.
How has VSE Corporation's services — revenue changed year-over-year?
VSE Corporation's services — revenue increased by 28.0% year-over-year, from $95.49M to $122.23M.
What is the long-term trend for VSE Corporation's services — revenue?
Over 3 years (2022 to 2025), VSE Corporation's services — revenue has grown at a 30.1% compound annual growth rate (CAGR), from $185.3M to $408.35M.
What does services — revenue mean?
This metric represents the total gross income generated from the provision of maintenance, repair, overhaul, and supply chain management services within the specified business segment. It reflects the company's ability to monetize its technical expertise and logistics capabilities for land, sea, and air transportation assets. Growth in this figure indicates successful market penetration and increased demand for the segment's specialized service offerings.