What is Vestis's allowance for credit losses adjustment?

Vestis (VSTS) reported allowance for credit losses adjustment of $3.75M in Q3 2025.

What does allowance for credit losses adjustment mean?

The periodic adjustment made to the allowance for credit losses to reflect expected future defaults on receivables. This reflects management's current assessment of credit risk within the existing customer portfolio. It serves as a leading indicator for potential future write-offs and impacts current period profitability.

Vestis VSTS Allowance for credit losses adjustment

Allowance for credit losses adjustment at other companies

Pathward Financial, Inc.CASH

$52.46M-20.7%

Syndax PharmaceuticalsSNDX

$916.75K—

JPMorgan ChaseJPM

$25.93B+2.9%

Mercury SystemsMRCY

-$28K-122%

Paymentus HoldingsPAY

$160K+231%

CitigroupC

$19.64B+4.9%

Other financials

Income statement

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Revenue$659.4M-0.9%

Gross profit$173.7M-0.9%

Operating income$26.8M+412%

Net income$2.6M+109%

EPS (diluted)$0.02+110%

Balance sheet

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Cash & equivalents$50.3M+74.8%

Total debt$1.4B-1.8%

Total equity$867.2M-1.0%

Total assets$2.9B-1.2%

Cash flow

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Operating cash flow$58.3M+775%

CapEx$12.7M-6.1%

Free cash flow$45.6M+765%

Valuation

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Market cap$1.78B+10.4%

Profitability

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Gross margin26.1%-1.9pp

Operating margin3.2%-0.1pp

Net margin-0.6%—

FCF margin3.6%-6.6pp

Returns & leverage

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Return on equity-2%—

Debt / equity1.6×0.0×

Current ratio2.1×+0.3×

Where this comes from

Reported directly by Vestis in its filing.

Tagged under the XBRL concept vsts:AccountsReceivableAdjustmentCreditLossExpenseReversal.

The official record: Vestis’s 10-K, filed December 2, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vestis's allowance for credit losses adjustment?: Vestis (VSTS) reported allowance for credit losses adjustment of $3.75M in Q3 2025.
What does allowance for credit losses adjustment mean?: The periodic adjustment made to the allowance for credit losses to reflect expected future defaults on receivables. This reflects management's current assessment of credit risk within the existing customer portfolio. It serves as a leading indicator for potential future write-offs and impacts current period profitability.