What is V2X's unbilled balances?

V2X (VVX) reported unbilled balances of $647.15M in Q1 2026.

How has V2X's unbilled balances changed year-over-year?

V2X's unbilled balances increased by 8.6% year-over-year, from $595.74M to $647.15M.

What is the long-term trend for V2X's unbilled balances?

Over 5 years (2020 to 2025), V2X's unbilled balances has grown at a 25.7% compound annual growth rate (CAGR), from $203.13M to $637.2M.

V2X VVX Unbilled balances

Unbilled balances at other companies

General DynamicsGD

$45.53B+5.5%

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:UnbilledContractsReceivable.

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 unbilled balances?: V2X (VVX) reported unbilled balances of $647.15M in Q1 2026.
How has V2X's unbilled balances changed year-over-year?: V2X's unbilled balances increased by 8.6% year-over-year, from $595.74M to $647.15M.
What is the long-term trend for V2X's unbilled balances?: Over 5 years (2020 to 2025), V2X's unbilled balances has grown at a 25.7% compound annual growth rate (CAGR), from $203.13M to $637.2M.