V2X, Inc. (VVX) Form 10-Q — Aug 3, 2026
V2X reported fiscal Q2 2026 revenue of $1.26 billion, up 16.5% year-over-year, driven by program ramp-ups in global training and aerospace and discrete national security activities. Net income rose 14.1% to $25.5 million, or $0.82 per share, despite a slight contraction in operating margin to 4.3% due to increased SG&A costs. The company experienced a significant reduction in backlog of $414.6 million following a U.S. Army decision to reduce the scope of work on the LOGCAP V - Kuwait Task Order and extend the contract through December 31, 2026.
Key figures
- Eps
- 0.82
- Revenue
- 1256643000
- Net Income
- 25540000
- Total Debt
- 1086429000
- Cash Position
- 214313000
- Revenue Growth
- 16.5%
- Backlog
- 12,727,000,000
- Funded Backlog
- 2,520,000,000
- Contract Assets
- 649052000
- Operating Income
- 53810000
- Operating Margin
- 4.3%
Price after filing
Close on the filing date to close N calendar days later (from $86.75). Historical, not a forecast.
AI analysis
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