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

Revenue by Basis of Pricing

2026-04-01 to 2026-06-30

Swipe to see the full flow
VSE CORPORATION (VSEC) FY2026 Q2 P&L / Income StatementIncome 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.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETRepairDistributionTotal revenuesGross profit (calculated)Cost of revenue (calculated)Costs and operating expensesOperating incomeOperating expenses (calculated)Amortization of intangible assetsSelling, general and administrative expensesIncome from continuing operations before income taxesOther income (expense), net (calculated)Net income (loss)Provision for income taxesIncome from continuing operations before income taxesIncome from continuingoperations beforeincome taxes$39.26 MGross profit (calculated)Gross profit(calculated)$76.44 MTotal revenuesTotal revenues$449.14 MOperating incomeOperating income$48.96 MNet income (loss)Net income (loss)$28.52 MOperating expenses (calculated)Operating expenses(calculated)$27.48 MRepairRepair$245.73 MCost of revenue (calculated)Cost of revenue(calculated)$372.70 MProvision for income taxesProvision forincome taxes$10.73 MAmortization of intangible assetsAmortization of intangible assets$18.45 MOther income (expense), net (calculated)Other income,net (calculated)−$9.70 MSelling, general and administrative expensesSelling, general andadministrative expenses$9.03 MDistributionDistribution$203.41 MCosts and operating expensesCosts andoperating expenses$372.70 M
Chart details

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

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.
VSE CORPORATION (VSEC) FY2026 Q2 Revenue by Basis of Pricing Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

17.0%

Gross profit / revenue

Operating margin

10.9%

Operating profit / revenue

Cash conversion

96.6%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!