V2X, Inc. (VVX) Form 8-K — Nov 2, 2026
V2X reported strong Q3 2026 results, with revenue of $1.27 billion up 9% year-over-year and net income of $32.0 million up 30% year-over-year. Adjusted diluted EPS rose 19% to $1.64, and adjusted EBITDA came in at $88.6 million with a 7.0% margin. Total backlog stands at $12.8 billion with trailing twelve-month book-to-bill of approximately 1.4x. The company raised its full-year 2026 guidance across all metrics, now expecting revenue of $4,950-$5,100 million and adjusted diluted EPS of $6.15-$6.55, citing year-to-date performance, backlog position, and demand signals.
Key figures
- Eps
- 1.01
- Revenue
- 1271463000
- Guidance
- FY2026 revenue $4,950M-$5,100M; Adjusted EBITDA $352.5M-$367.5M; Adjusted diluted EPS $6.15-$6.55; Adjusted net cash from operating activities $175M-$195M — all raised from prior guidance
- Net Income
- 31993000
- Total Debt
- 1072774000
- Revenue Yoy
- 9%
- Total Assets
- 3217858000
- Cash Position
- 265070000
- Shares Outstanding
- 31347992
- Net debt
- $811.7M (improved $140.3M YoY)
- Total backlog
- $12.8B
- Funded backlog
- $2.6B
- Book to bill q3
- ~1.2x
- Ttm book to bill
- ~1.4x
- Adjusted ebitda q3
- $88.6M (7.0% margin)
- Net leverage ratio
- 2.2x (targeting ~2.0x by end of 2026)
- Adjusted net income q3
- $51.7M (+19% YoY)
- Adjusted diluted eps q3
- $1.64 (+19% YoY)
- Net cash provided by operating activities q3
- $67.3M
AI analysis
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