VSE Quarterly Income Statement
NASDAQ: VSECConsumer DiscretionaryMilitary/Government/TechnicalUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
VSE revenue and earnings
In the quarter ended Jun 30, 2026, VSE generated $449.1 million in revenue, up 65.0% from the same quarter a year earlier. Net income was $28.5 million (+792.2% year over year), for a net margin of 6.4% versus a median of 1.4% in the prior 5 quarters. Operating margin was 10.9%.
Diluted earnings per share came in at $0.91, up from $0.16.
Summary generated from market data by MetaCap's automated system. Methodology
VSE income statement (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 449.14M | 324.58M | 301.18M | 282.91M | 272.14M | 256.05M | 227.40M | 203.64M | 192.83M | 162.38M | -81.14M | 231.35M |
| Revenue growth (YoY) | +65.04% | +26.77% | +32.44% | +38.92% | +41.13% | +57.68% | — | -11.98% | -6.04% | -13.89% | -147.18% | +38.22% |
| Selling, General & Admin | 9.03M | 6.20M | 7.75M | 667.00K | 2.62M | 2.31M | 4.38M | 2.54M | 3.78M | 2.92M | 1.00M | 2.56M |
| Operating Income | 48.96M | 32.75M | 32.49M | 10.09M | 22.51M | 24.50M | 20.44M | 20.07M | 2.60M | 15.64M | -12.53M | 25.26M |
| Interest Expense | 5.23M | — | 1.83M | 4.34M | 6.45M | — | 6.94M | 8.99M | 9.83M | — | — | — |
| Pretax Income | 39.26M | 34.15M | 30.66M | 5.75M | 16.07M | 16.57M | 13.49M | 11.09M | -7.22M | 6.45M | -21.81M | 16.80M |
| Income Tax | 10.73M | 5.09M | 8.36M | 2.16M | 2.43M | 2.60M | 3.09M | 2.34M | -1.94M | 911.00K | -6.06M | 4.69M |
| Net Income | 28.52M | 29.05M | 13.57M | 3.91M | 3.20M | -8.97M | 13.06M | 11.65M | -2.78M | -6.61M | 11.61M | 9.56M |
| Net Income growth (YoY) | +792.18% | — | +3.87% | -66.42% | — | — | +12.55% | +21.90% | -131.36% | -172.51% | +139.38% | +1.47% |
| EPS (Basic) | 0.92 | 1.06 | 0.64 | 0.19 | 0.15 | -0.43 | 0.81 | 0.63 | -0.16 | -0.42 | 0.74 | 0.64 |
| EPS (Diluted) | 0.91 | 1.04 | 0.64 | 0.19 | 0.16 | -0.44 | 0.79 | 0.63 | -0.16 | -0.41 | 0.74 | 0.63 |
| Shares Outstanding (Basic) | 30.94M | 27.50M | — | 20.68M | 20.67M | 20.62M | — | 18.43M | 17.15M | 15.78M | — | 15.00M |
| Shares Outstanding (Diluted) | 31.39M | 27.83M | — | 20.76M | 20.73M | 20.74M | — | 18.48M | 17.20M | 15.94M | — | 15.05M |
| EBITDA | 72.93M | 45.49M | 42.69M | 20.28M | 32.15M | 34.41M | 28.79M | 27.61M | 9.53M | 21.59M | -6.58M | 30.71M |
| Operating Margin | 10.90% | 10.09% | 10.79% | 3.57% | 8.27% | 9.57% | 8.99% | 9.86% | 135.00% | 9.63% | 15.44% | 10.92% |
| Net Margin | 6.35% | 8.95% | 4.50% | 138.00% | 117.00% | -3.50% | 5.74% | 5.72% | -144.00% | -4.07% | -14.30% | 4.13% |
This table shows 12 quarterly periods of VSE's income statement, from Q2 2026 back to Q3 2023, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow VSEC's reporting calendar. What is a income statement?