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V2X

VVX

V2X, Inc. is a leading provider of critical mission solutions and integrated technology services primarily serving national security and defense customers worldwide.

Market cap
$2.73B+82.6%
Revenue$4.7B+9.0%
Net income$88.7M+113%
Free cash flow$198.9M+207%
EPS (diluted)$2.79+116%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 3, 2026 (In 5 days)
Revenue estimate$1.2B
EPS estimate$1.45

Financials

Q1 2026

Income statement

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Revenue$1.3B+23.4%
Gross profit$105.8M+35.5%
Operating income$44.1M+28.5%
Net income$18.9M+133%
EPS (diluted)$0.60+140%

Balance sheet

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Cash & equivalents$208.7M+23.4%
Total debt$1.1B-5.8%
Total equity$1.1B+6.5%
Total assets$3.2B+2.8%

Cash flow

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Operating cash flow-$129.9M-36.1%
CapEx$2.3M-15.1%
Free cash flow-$132.2M-34.7%

Valuation & ratios

Valuation

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Market cap$2.73B+82.6%
Enterprise value$3.6B+44.1%
P/E30.8×+8.8×
P/S0.6×+0.2×

Profitability

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Gross margin8.5%+0.4pp
Operating margin4.3%+0.6pp
Net margin1.9%+0.9pp

Returns & leverage

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Return on equity8.3%+4.2pp
Debt / equity-0.1×
Current ratio1.3×+0.1×

Segments

By geography

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Middle East$314.3M-1.3%
Asia$76.1M+0.2%
Europe$53.1M+20.3%

Competitors

Profile

V2X, Inc. is a leading provider of critical mission solutions and integrated technology services primarily serving national security and defense customers worldwide. The company delivers end-to-end capabilities including readiness training, supply chain management, and platform modernization to ensure mission success across physical and digital domains. Their value proposition centers on acting as a trusted partner for the U.S. government and international allies in complex, austere environments.

Competitive position

V2X is a leading prime contractor for the U.S. military, holding significant positions on major IDIQ contracts like LOGCAP V and WTRS.

GeographiesUnited States, Kuwait, Iraq, Indo-Pacific, Global
Customer segmentsU.S. Department of Defense, Federal civilian agencies, International governments, Intelligence community
Business modelCost-plus contracting, Firm-fixed-price contracting, Time-and-materials, Government outsourcing
SuppliersSubcontract personnel, Technology and simulation software providers, Raw material and component manufacturers, Small business and minority-owned partners
CustomersU.S. Army, U.S. Navy, U.S. Air Force, U.S. Marine Corps, Foreign defense ministries
Listed2014
Employees16.0K
CEOJeremy C. Wensinger
Websitegov2x.com
FilingsSEC EDGAR

Questions, answered.

What is V2X's market cap?
V2X (VVX) has a market capitalization of $2.7B and trades on NYSE.
What is V2X's revenue and profitability?
V2X generated $4.7B in trailing twelve-month revenue with net income of $88.7M, representing a net margin of 1.9%. Gross margin stands at 8.5%, with free cash flow of $198.9M. These figures are based on the Q1 2026 filing.
Who are V2X's competitors?
V2X's key competitors include KBR, Inc., Northrop Grumman Corporation, AAR Corp., and others. These companies compete in similar markets and product categories.
Who does V2X partner with?
V2X's notable partners include Amazon Web Services.
What subsidiaries does V2X have?
V2X's subsidiaries include Vertex Aerospace Services Holding Corp..
Where is V2X headquartered?
V2X is headquartered in United States of America and employs approximately 16,000 people. It has been publicly traded since 2014.