V2X, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $4.5B | $4.3B | $4.0B | $2.9B | $1.8B |
| Cost of revenue | $4.1B | $4.0B | $3.6B | $2.6B | $1.6B |
| Selling, general & administrative | $179.1M | $183.8M | $210.4M | $239.2M | $98.4M |
| Operating income | $194.3M | $159.2M | $124.4M | $55.8M | $62.0M |
| Pretax income | $100.9M | $38.8M | -$24.5M | -$6.1M | $54.0M |
| Income tax expense | $23.0M | $4.2M | -$1.9M | $8.2M | $8.3M |
| Net income | $77.9M | $34.7M | -$22.6M | -$14.3M | $45.7M |
| Balance Sheet | |||||
| Cash and equivalents | — | — | — | $116.1M | $38.5M |
| Current assets | $1.2B | $1.1B | $874.9M | $931.9M | $423.3M |
| Total assets | $3.3B | $3.2B | $3.1B | $3.2B | $889.5M |
| Current liabilities | $1.0B | $996.2M | $840.2M | $783.1M | $358.2M |
| Total liabilities | $2.2B | $2.2B | $2.1B | $2.2B | $539.4M |
| Stockholders' equity | $1.1B | $1.0B | $990.8M | $997.1M | $350.1M |
| Cash Flow Statement | |||||
| Cash from operations | $182.0M | $254.2M | $188.0M | $93.5M | $61.3M |
| Depreciation and amortization | $17.0M | $20.7M | $22.4M | $13.5M | $6.5M |
| Stock-based compensation | $11.9M | $16.0M | $32.8M | $32.7M | $8.3M |
| Capital expenditure | $11.9M | $11.8M | $25.0M | $12.4M | $9.8M |
| Free cash flow | $170.1M | $242.4M | $162.9M | $81.1M | $51.6M |
| Share repurchases | $30.0M | $0 | $0 | — | — |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 31.3M · Free float 95.8%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.