# VSE CORPORATION (VSEC) FY2026 Q2 P&L / Income Statement

- Company: VSE CORPORATION (VSEC)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-06, accession number 0000102752-26-000064
- Page: https://plicit.ai/financials/vsec/fy2026-q2-income-statement
- Chart image: https://plicit.ai/charts/vsec-fy2026-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue and costs use their disclosed categories.

- **Total revenues**: 449,137,000 US dollars
- **Cost of revenue (calculated)**: 372,698,000 US dollars
- **Gross profit (calculated)**: 76,439,000 US dollars
- **Operating expenses (calculated)**: 27,481,000 US dollars
- **Operating income**: 48,958,000 US dollars
- **Other income (expense), net (calculated)**: negative 9,703,000 US dollars
- **Income from continuing operations before income taxes**: 39,255,000 US dollars
- **Provision for income taxes**: 10,732,000 US dollars
- **Net income (loss)**: 28,523,000 US dollars
- **Products revenue**: 203,407,000 US dollars
- **Services revenue**: 245,730,000 US dollars
- **Products cost of revenue**: 167,093,000 US dollars
- **Services cost of revenue**: 205,605,000 US dollars
- **Selling, general and administrative expenses**: 9,031,000 US dollars
- **Earn-out receivable fair value adjustments**: 0 US dollars
- **Amortization of intangible assets**: 18,450,000 US dollars
- **Loss from discontinued operations, net of tax**: 0 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Customer

- Page: https://plicit.ai/financials/vsec/fy2026-q2-income-statement/revenue-by-customer
- Chart image: https://plicit.ai/charts/vsec-fy2026-q2-revenue-by-customer-sankey.png

Income statement for 2026-04-01 through 2026-06-30. View: Customer. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 449,137,000 US dollars
- **Cost of revenue (calculated)**: 372,698,000 US dollars
- **Gross profit (calculated)**: 76,439,000 US dollars
- **Operating expenses (calculated)**: 27,481,000 US dollars
- **Operating income**: 48,958,000 US dollars
- **Other income (expense), net (calculated)**: negative 9,703,000 US dollars
- **Income from continuing operations before income taxes**: 39,255,000 US dollars
- **Provision for income taxes**: 10,732,000 US dollars
- **Net income (loss)**: 28,523,000 US dollars
- **Commercial**: 439,740,000 US dollars
- **Government**: 9,397,000 US dollars
- **Costs and operating expenses**: 372,698,000 US dollars
- **Selling, general and administrative expenses**: 9,031,000 US dollars
- **Earn-out receivable fair value adjustments**: 0 US dollars
- **Amortization of intangible assets**: 18,450,000 US dollars
- **Loss from discontinued operations, net of tax**: 0 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Basis of Pricing

- Page: https://plicit.ai/financials/vsec/fy2026-q2-income-statement/revenue-by-basis-of-pricing
- Chart image: https://plicit.ai/charts/vsec-fy2026-q2-revenue-by-basis-of-pricing-sankey.png

Income statement for 2026-04-01 through 2026-06-30. View: Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 449,137,000 US dollars
- **Cost of revenue (calculated)**: 372,698,000 US dollars
- **Gross profit (calculated)**: 76,439,000 US dollars
- **Operating expenses (calculated)**: 27,481,000 US dollars
- **Operating income**: 48,958,000 US dollars
- **Other income (expense), net (calculated)**: negative 9,703,000 US dollars
- **Income from continuing operations before income taxes**: 39,255,000 US dollars
- **Provision for income taxes**: 10,732,000 US dollars
- **Net income (loss)**: 28,523,000 US dollars
- **Repair**: 245,730,000 US dollars
- **Distribution**: 203,407,000 US dollars
- **Costs and operating expenses**: 372,698,000 US dollars
- **Selling, general and administrative expenses**: 9,031,000 US dollars
- **Earn-out receivable fair value adjustments**: 0 US dollars
- **Amortization of intangible assets**: 18,450,000 US dollars
- **Loss from discontinued operations, net of tax**: 0 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.