V2X, Inc. (VVX)

V2X, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 27, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4,334	4,322	3,963	2,891	1,784	1,396
Revenue Growth (YoY)	5.07%	9.06%	37.09%	62.07%	27.81%	0.94%
Cost of Revenue	3,961	3,979	3,628	2,596	1,623	1,271
Gross Profit	372.69	342.96	334.86	295.01	160.42	124.15
Selling, General & Admin	184	183.76	210.44	199.34	98.4	80.68
Operating Expenses	184	183.76	210.44	199.34	98.4	80.68
Operating Income	188.69	159.2	124.42	95.67	62.02	43.48
Interest Expense	-92.92	-109.16	-123.41	-61.88	-7.99	-4.79
Interest & Investment Income	1.08	1.26	0.97	-	-	-
Other Non Operating Income (Expenses)	-11.16	-10.47	-4.19	-	-	-
EBT Excluding Unusual Items	85.69	40.84	-2.22	33.79	54.04	38.68
Merger & Restructuring Charges	-	-	-	-39.9	-	-
Asset Writedown	-	-2.19	-	-	-	-
Other Unusual Items	-0.33	0.2	-22.3	-	-	-
Pretax Income	85.35	38.84	-24.52	-6.11	54.04	38.68
Income Tax Expense	14.77	4.16	-1.95	8.22	8.31	1.73
Net Income	70.58	34.68	-22.57	-14.33	45.73	36.95
Net Income to Common	70.58	34.68	-22.57	-14.33	45.73	36.95
Net Income Growth	-	-	-	-	23.75%	11.38%
Shares Outstanding (Basic)	32	31	31	21	12	12
Shares Outstanding (Diluted)	32	32	31	21	12	12
Shares Change (YoY)	2.89%	2.84%	48.05%	77.39%	0.72%	1.20%
EPS (Basic)	2.23	1.10	-0.73	-0.68	3.91	3.19
EPS (Diluted)	2.19	1.08	-0.73	-0.68	3.86	3.14
EPS Growth	-	-	-	-	22.93%	9.79%
Free Cash Flow	210.4	242.45	162.95	81.07	51.56	59.58
Free Cash Flow Per Share	6.53	7.58	5.24	3.86	4.36	5.07
Gross Margin	8.60%	7.94%	8.45%	10.21%	8.99%	8.90%
Operating Margin	4.35%	3.68%	3.14%	3.31%	3.48%	3.12%
Profit Margin	1.63%	0.80%	-0.57%	-0.50%	2.56%	2.65%
Free Cash Flow Margin	4.86%	5.61%	4.11%	2.80%	2.89%	4.27%
EBITDA	296.16	270.77	237.25	157.79	78.57	51.6
EBITDA Margin	6.83%	6.26%	5.99%	5.46%	4.41%	3.70%
D&A For EBITDA	107.47	111.57	112.83	62.12	16.55	8.13
EBIT	188.69	159.2	124.42	95.67	62.02	43.48
EBIT Margin	4.35%	3.68%	3.14%	3.31%	3.48%	3.12%
Effective Tax Rate	17.30%	10.70%	-	-	15.37%	4.47%

Updated Aug 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q