VSE Quarterly Balance Sheet
NASDAQ: VSECConsumer DiscretionaryMilitary/Government/TechnicalUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
VSE financial position
As of Jun 30, 2026, VSE reported total assets of $4.40 billion, up 174.5% from a year earlier against total liabilities of $1.46 billion. Shareholders' equity stood at $2.93 billion, or 66.7% of assets. The company held $75.4 million in cash and equivalents against $947.0 million of debt, a net debt position of $871.6 million.
The current ratio (current assets divided by current liabilities) was 3.77, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.32.
Summary generated from market data by MetaCap's automated system. Methodology
VSE balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 75.36M | 1.24B | 69.36M | 8.78M | 16.91M | 5.71M | 29.50M | 7.91M | 18.99M | 10.57M | 7.77M | 20.67M |
| Receivables | 274.63M | 216.50M | 190.73M | 176.40M | 183.21M | 169.53M | 158.10M | 162.66M | 168.24M | 145.43M | 127.96M | 129.11M |
| Total Current Assets | 1.33B | 2.16B | 893.33M | 722.28M | 753.62M | 968.86M | 965.35M | 775.30M | 796.38M | 743.10M | 774.03M | 770.36M |
| Property, Plant & Equipment | 166.55M | 93.82M | 91.10M | 82.99M | 80.24M | 71.17M | 71.04M | 74.63M | 72.57M | 66.56M | 58.08M | 53.27M |
| Goodwill | 1.81B | 638.89M | 641.24M | 428.70M | 428.67M | 423.58M | 428.26M | 390.64M | 390.13M | 351.11M | 288.59M | 345.73M |
| Intangible Assets | 952.09M | 318.81M | 295.96M | 201.85M | 208.54M | 191.02M | 197.16M | 160.58M | 165.39M | 110.75M | 114.13M | 118.86M |
| Total Assets | 4.40B | 3.31B | 2.03B | 1.56B | 1.60B | 1.73B | 1.74B | 1.46B | 1.49B | 1.34B | 1.35B | 1.34B |
| Accounts Payable | 187.07M | 147.91M | 154.51M | 112.42M | 140.47M | 140.78M | 145.49M | 122.74M | 144.65M | 155.48M | 173.04M | 137.79M |
| Short-Term Debt | 32.00M | 29.92M | 7.50M | 7.50M | 7.50M | 5.63M | 30.00M | 30.00M | 30.00M | 30.00M | 22.50M | 19.00M |
| Total Current Liabilities | 351.81M | 246.19M | 237.51M | 183.35M | 202.04M | 248.30M | 298.50M | 210.11M | 225.65M | 223.05M | 286.89M | 252.15M |
| Long-Term Debt | 914.95M | 331.05M | 285.30M | 348.60M | 371.66M | 459.38M | 400.17M | 420.34M | 433.51M | 451.62M | 406.84M | 441.77M |
| Total Liabilities | 1.46B | 644.45M | 589.77M | 577.11M | 622.50M | 757.24M | 754.44M | 676.20M | 712.98M | 724.19M | 733.61M | 733.46M |
| Shareholders' Equity | 2.93B | 2.67B | 1.44B | 983.34M | 979.53M | 975.74M | 988.19M | 787.80M | 781.32M | 612.74M | 616.73M | 609.52M |
| Retained Earnings | 447.61M | 421.89M | 395.64M | 384.42M | 382.57M | 381.44M | 392.48M | 381.68M | 371.87M | 376.50M | 384.70M | 374.67M |
| Total Debt | 946.96M | 360.98M | 292.80M | 356.10M | 379.16M | 465.01M | 430.17M | 450.34M | 463.51M | 481.62M | 429.34M | 460.77M |
| Net Cash (Debt) | -871.60M | 878.43M | -223.45M | -347.31M | -362.25M | -459.30M | -400.67M | -442.43M | -444.51M | -471.05M | -421.58M | -440.10M |
| Shares Outstanding | 28.06M | 28.06M | 23.40M | 20.69M | 20.68M | 20.67M | 20.59M | 18.43M | 18.42M | 15.83M | 15.76M | 15.75M |
This table shows 12 quarterly periods of VSE's balance sheet, from Q2 2026 back to Q3 2023, across 17 line items including cash & equivalents, receivables, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow VSEC's reporting calendar. What is a balance sheet?