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VSE Corp income statement

In fiscal 2025, VSE Corp reported revenue of $1.11bn, up 41.5% on the year before, operating income of $89.6m (a 8.1% margin) and net income of $11.7m, or $0.55 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue1,0158115815474724245346927606977536624816695447861,1121,358
Selling, general and administrative125434372443347141324
Operating income383836514437515254546014−354505990124
Interest expense——3542————————313521—
Net interest income0−0−4−7−6−4−10−10−9−9−14−13−12−18−31———
Income before tax39383244383341424545460−1536192469110
Income tax151412161412161561096−49441626
Net income2424212123192527393537−582839151275
Diluted EPS$2.33$2.27$1.95$2.00$2.14$1.81$2.31$2.47$3.60$3.21$3.35−$0.47$0.63$2.19$2.76$0.85$0.55$2.92
Diluted shares (average)10m10m11m11m11m11m11m11m11m11m11m11m13m13m14m18m21m26m
EBITDA46475172645676788079873822787488130181

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from VSE Corp's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to VSE Corp.