What is V2X's contract liabilities?

V2X (VVX) reported contract liabilities of $122.2M in Q1 2026.

How has V2X's contract liabilities changed year-over-year?

V2X's contract liabilities increased by 28.1% year-over-year, from $95.4M to $122.2M.

What is the long-term trend for V2X's contract liabilities?

Over 4 years (2021 to 2025), V2X's contract liabilities has grown at a 111.2% compound annual growth rate (CAGR), from $5.5M to $109.4M.

What does contract liabilities mean?

Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

V2X VVX Contract Liabilities

Contract Liabilities at other companies

Science Applications International CorporationSAIC

$2M—

Voyager Technologies, Inc.VOYG

$7.9M—

MSC Industrial Direct Co.MSM

$0—

Leidos HoldingsLDOS

——

Booz Allen HamiltonBAH

——

FortiveFTV

——

Other financials

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

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Market cap$2.61B+38.2%

Enterprise value$3.48B+19.3%

P/E29.4×-15.9×

P/S0.6×+0.1×

Profitability

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Gross margin8.5%+0.4pp

Operating margin4.3%+0.6pp

Net margin1.9%+0.9pp

FCF margin4.8%+1.2pp

Returns & leverage

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Return on equity8.3%+4.2pp

Debt / equity1×-0.1×

Current ratio1.3×+0.1×

Where this comes from

Reported directly by V2X in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The official record: V2X’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is V2X's contract liabilities?: V2X (VVX) reported contract liabilities of $122.2M in Q1 2026.
How has V2X's contract liabilities changed year-over-year?: V2X's contract liabilities increased by 28.1% year-over-year, from $95.4M to $122.2M.
What is the long-term trend for V2X's contract liabilities?: Over 4 years (2021 to 2025), V2X's contract liabilities has grown at a 111.2% compound annual growth rate (CAGR), from $5.5M to $109.4M.
What does contract liabilities mean?: Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.