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V2X VVX Gain (loss) on extinguishment of debt

Gain (loss) on extinguishment of debt at other companies

EquipmentShare.com, Inc. logo
EquipmentShare.com, Inc.EQPT
-$2M
NexPoint Real Estate Finance logo
NexPoint Real Estate FinanceNREF
-$2.13M-1,114%
Tapestry, Inc. logo
Tapestry, Inc.TPR
$0
Golub Capital logo
Golub CapitalGBDC
$0
V2X logo
V2XVVX
$0+100%
Hycroft Mining Holding Corporation logo
Hycroft Mining Holding CorporationHYMC
$2.29M

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$2.65B+57.6%
Enterprise value$3.52B+33.9%
P/E29.9×+6.1×
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
FCF margin4.8%+1.2pp

Returns & leverage

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Return on equity8.3%+4.2pp
Debt / equity-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:GainsLossesOnExtinguishmentOfDebt.

The source filing: V2X’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001601548-26-000025
(In thousands, except per share data)Three Months Ended / April 3, 2026Three Months Ended / March 28, 2025
Cost of revenue1,148,310937,820
Selling, general, and administrative expenses61,72843,805
Operating income44,09034,298
Loss on extinguishment of debt(2,214)
Interest expense, net(18,125)(19,719)
Other expense, net(2,446)(2,295)
Income from operations before income taxes23,51910,070
Income tax expense4,5941,963

Item 1. Financial Statements (Unaudited)

FAQ

What is V2X's gain (loss) on extinguishment of debt?
V2X (VVX) reported gain (loss) on extinguishment of debt of $0 in Q1 2026.
How has V2X's gain (loss) on extinguishment of debt changed year-over-year?
V2X's gain (loss) on extinguishment of debt increased by 100.0% year-over-year, from -$2.21M to $0.
What does gain (loss) on extinguishment of debt mean?
Gains or losses from retiring debt before maturity — gains when debt is repurchased below par, losses when premiums are paid for early redemption.

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