V2X, Inc. (VVX)

V2X, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 26, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4,419	4,322	3,963	2,891	1,784	1,396
Revenue Growth (YoY)	5.10%	9.06%	37.09%	62.07%	27.81%	0.94%
Cost of Revenue	4,043	3,979	3,628	2,596	1,623	1,271
Gross Profit	375.76	342.96	334.86	295.01	160.42	124.15
Selling, General & Admin	181.29	183.76	210.44	199.34	98.4	80.68
Operating Expenses	181.29	183.76	210.44	199.34	98.4	80.68
Operating Income	194.47	159.2	124.42	95.67	62.02	43.48
Interest Expense	-86.55	-109.16	-123.41	-61.88	-7.99	-4.79
Interest & Investment Income	1.9	1.26	0.97	-	-	-
Other Non Operating Income (Expenses)	-10.93	-10.47	-4.19	-	-	-
EBT Excluding Unusual Items	98.89	40.84	-2.22	33.79	54.04	38.68
Merger & Restructuring Charges	-	-	-	-39.9	-	-
Asset Writedown	-	-2.19	-	-	-	-
Other Unusual Items	-0.33	0.2	-22.3	-	-	-
Pretax Income	98.56	38.84	-24.52	-6.11	54.04	38.68
Income Tax Expense	18.42	4.16	-1.95	8.22	8.31	1.73
Net Income	80.14	34.68	-22.57	-14.33	45.73	36.95
Net Income to Common	80.14	34.68	-22.57	-14.33	45.73	36.95
Net Income Growth	774.94%	-	-	-	23.75%	11.38%
Shares Outstanding (Basic)	32	31	31	21	12	12
Shares Outstanding (Diluted)	32	32	31	21	12	12
Shares Change (YoY)	0.63%	2.84%	48.05%	77.39%	0.72%	1.20%
EPS (Basic)	2.53	1.10	-0.73	-0.68	3.91	3.19
EPS (Diluted)	2.51	1.08	-0.73	-0.68	3.86	3.14
EPS Growth	791.53%	-	-	-	22.93%	9.79%
Free Cash Flow	184.9	242.45	162.95	81.07	51.56	59.58
Free Cash Flow Per Share	5.79	7.58	5.24	3.86	4.36	5.07
Gross Margin	8.50%	7.94%	8.45%	10.21%	8.99%	8.90%
Operating Margin	4.40%	3.68%	3.14%	3.31%	3.48%	3.12%
Profit Margin	1.81%	0.80%	-0.57%	-0.50%	2.56%	2.65%
Free Cash Flow Margin	4.18%	5.61%	4.11%	2.80%	2.89%	4.27%
EBITDA	301.54	270.77	237.25	157.79	78.57	51.6
EBITDA Margin	6.82%	6.26%	5.99%	5.46%	4.41%	3.70%
D&A For EBITDA	107.07	111.57	112.83	62.12	16.55	8.13
EBIT	194.47	159.2	124.42	95.67	62.02	43.48
EBIT Margin	4.40%	3.68%	3.14%	3.31%	3.48%	3.12%
Effective Tax Rate	18.69%	10.70%	-	-	15.37%	4.47%

Updated Sep 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q