V2x, Inc. income statement

In fiscal 2025, V2x, Inc. reported revenue of $4.48bn, up 3.7% on the year before, operating income of $194m (a 4.3% margin) and net income of $77.9m, or $2.45 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.

V2x, Inc.: income statement, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMOct 2026
Revenue	1,191	1,115	1,279	1,383	1,396	1,784	2,891	3,963	4,322	4,480	5,001
Cost of revenue	1,084	1,013	1,165	1,255	1,271	1,623	2,596	3,628	3,979	4,107	4,577
Gross profit	107	102	114	128	124	160	295	335	343	373	424
Selling, general and administrative	64	61	66	78	81	98	239	210	184	179	215
Operating income	43	41	48	50	43	62	56	124	159	194	209
Income before tax	37	37	43	43	39	54	−6	−25	39	101	127
Income tax	14	−23	8	10	2	8	8	−2	4	23	28
Net income	24	59	35	33	37	46	−14	−23	35	78	99
Diluted EPS	$2.16	$5.31	$3.08	$2.86	$3.14	$3.86	−$0.68	−$0.73	$1.08	$2.45	$3.15
Diluted shares (average)	11m	11m	11m	12m	12m	12m	21m	31m	32m	32m	32m
EBITDA	45	43	50	53	48	69	69	147	180	211	225

US$ millions unless shown otherwise. Fiscal quarters.

V2x, Inc.: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Apr 2026	2026 Q2Jul 2026	2026 Q3Oct 2026
Revenue	1,158	1,016	1,078	1,167	1,219	1,254	1,257	1,271
Cost of revenue	1,050	938	983	1,073	1,114	1,148	1,147	1,168
Gross profit	107	78	96	95	105	106	110	103
Selling, general and administrative	56	44	43	39	54	62	56	44
Operating income	52	34	53	56	51	44	54	59
Income before tax	26	10	29	33	29	24	33	42
Income tax	1	2	7	8	6	5	8	10
Net income	25	8	22	25	23	19	26	32
Diluted EPS	$0.78	$0.25	$0.70	$0.77	$0.72	$0.60	$0.81	$1.01
EBITDA	56	39	57	60	56	48	58	63

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 V2x, Inc.'s SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to V2x, Inc.