V2X, Inc. (VVX)

NYSE: VVX · Real-Time Price · USD

80.37

-0.15 (-0.19%)

At close: Oct 30, 2026, 4:00 PM EDT

80.20

-0.17 (-0.21%)

After-hours: Oct 30, 2026, 7:30 PM EDT

V2X, Inc. Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,897	4,480	4,322	3,963	2,891	1,784
Revenue Growth	12.99%	3.65%	9.06%	37.09%	62.07%	27.81%
Gross Profit	414.87	373.38	342.96	334.86	295.01	160.42
Operating Income	204.93	194.27	159.2	124.42	95.67	62.02
Net Income	91.85	77.88	34.68	-22.57	-14.33	45.73
Earnings Per Share	2.90	2.45	1.08	-0.73	-0.68	3.86
EPS Growth	32.58%	126.85%	-	-	-	22.93%

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
United States	3,008	2,609	2,389	2,286	1,494	578.26
Middle East	1,352	1,351	1,399	1,194	1,025	1,001
Asia	322.96	313.02	326.96	264.35	167.63	61.93
Europe	214.55	206.44	207.16	219.13	204.3	142.61
Total	4,897	4,480	4,322	3,963	2,891	1,784

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	210.31	365.99	265.22	70.65	116.07	38.51
Total Debt	1,106	1,141	1,152	1,164	1,333	151.17
Net Cash (Debt)	-896.11	-774.76	-886.96	-1,093	-1,217	-112.65
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-28.33	-24.35	-27.75	-35.17	-57.97	-9.52

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	140.56	181.99	254.24	187.97	93.5	61.34
Capital Expenditures	-10.12	-11.92	-11.79	-25.02	-12.43	-9.78
Free Cash Flow	130.45	170.07	242.45	162.95	81.07	51.56
Free Cash Flow Growth	-38.00%	-29.85%	48.79%	100.99%	57.23%	-13.46%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	8.47%	8.33%	7.94%	8.45%	10.21%	8.99%
Operating Margin	4.18%	4.34%	3.68%	3.14%	3.31%	3.48%
Pretax Margin	2.41%	2.25%	0.90%	-0.62%	-0.21%	3.03%
Profit Margin	1.88%	1.74%	0.80%	-0.57%	-0.50%	2.56%
FCF Margin	2.66%	3.80%	5.61%	4.11%	2.80%	2.89%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	27.70	22.09	43.52	-	-	11.74
Forward PE	12.50	10.22	10.82	11.53	9.47	8.76
P/FCF Ratio	19.31	10.12	6.23	8.89	15.52	10.41
PS Ratio	0.51	0.38	0.35	0.37	0.44	0.30