VSEC
Income statement / Annual
Last year (2025), VSE Corp.'s total revenue was $1.11 B,
an increase of 2.98% from the previous year.
In 2025, VSE Corp.'s net income was $53.49 M.
See VSE Corp.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$1.11 B |
$1.08 B |
$860.49 M |
$669.45 M |
$750.85 M |
$661.66 M |
$752.63 M |
$697.22 M |
$760.11 M |
$691.79 M |
| Cost of Revenue |
$980.14 M
|
$971.93 M
|
$764.87 M
|
$612.21 M
|
$725.71 M
|
$603.78 M
|
$688.18 M
|
$640.97 M
|
$703.36 M
|
$633.65 M
|
| Gross Profit |
$132.13 M
|
$108.20 M
|
$95.62 M
|
$57.24 M
|
$25.15 M
|
$57.88 M
|
$64.45 M
|
$56.24 M
|
$56.75 M
|
$58.14 M
|
| Gross Profit Ratio |
0.12
|
0.1
|
0.11
|
0.09
|
0.03
|
0.09
|
0.09
|
0.08
|
0.07
|
0.08
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$7.14 M
|
$5.48 M
|
$3.92 M
|
$3.64 M
|
$3.63 M
|
$1.35 M
|
$1.89 M
|
$3.15 M
|
$2.43 M
|
$6.61 M
|
| Other Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Operating Expenses |
$7.14 M
|
$5.48 M
|
$3.92 M
|
$3.64 M
|
$3.63 M
|
$1.35 M
|
$1.89 M
|
$3.15 M
|
$2.43 M
|
$6.61 M
|
| Cost And Expenses |
$987.28 M
|
$977.41 M
|
$768.79 M
|
$615.84 M
|
$729.33 M
|
$605.13 M
|
$690.07 M
|
$644.12 M
|
$705.79 M
|
$640.26 M
|
| Interest Income |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$20.56 M
|
$34.94 M
|
$31.08 M
|
$17.89 M
|
$12.07 M
|
$13.50 M
|
$13.83 M
|
$8.98 M
|
$9.24 M
|
$9.86 M
|
| Depreciation & Amortization |
$39.92 M
|
$28.76 M
|
$23.42 M
|
$24.60 M
|
$25.60 M
|
$24.14 M
|
$26.93 M
|
$25.22 M
|
$25.88 M
|
$26.05 M
|
| EBITDA |
$129.52 M |
$110.18 M |
$111.41 M |
$78.21 M |
$47.12 M |
$38.06 M |
$87.18 M |
$79.45 M |
$80.21 M |
$77.58 M |
| EBITDA Ratio |
0.12
|
0.1
|
0.13
|
0.12
|
0.06
|
0.06
|
0.12
|
0.11
|
0.11
|
0.11
|
| Operating Income Ratio |
0.11
|
0.1
|
0.11
|
0.08
|
0.03
|
0.09
|
0.08
|
0.08
|
0.07
|
0.07
|
| Total Other Income/Expenses Net |
-$55.96 M
|
-$56.24 M
|
-$34.78 M
|
-$17.89 M
|
-$12.07 M
|
-$56.10 M
|
-$16.13 M
|
-$7.85 M
|
-$9.24 M
|
-$9.86 M
|
| Income Before Tax |
$69.04 M
|
$46.48 M
|
$56.91 M
|
$35.71 M
|
$9.45 M
|
$427.00 K
|
$46.43 M
|
$45.25 M
|
$45.09 M
|
$41.67 M
|
| Income Before Tax Ratio |
0.06
|
0.04
|
0.07
|
0.05
|
0.01
|
0
|
0.06
|
0.06
|
0.06
|
0.06
|
| Income Tax Expense |
$15.55 M
|
$9.98 M
|
$13.76 M
|
$9.05 M
|
$1.49 M
|
$5.60 M
|
$9.40 M
|
$10.17 M
|
$5.99 M
|
$14.88 M
|
| Net Income |
$53.49 M
|
$30.52 M
|
$39.13 M
|
$28.06 M
|
$7.97 M
|
-$5.17 M
|
$37.02 M
|
$35.08 M
|
$39.10 M
|
$26.79 M
|
| Net Income Ratio |
0.05
|
0.03
|
0.05
|
0.04
|
0.01
|
-0.01
|
0.05
|
0.05
|
0.05
|
0.04
|
| EPS |
2.52 |
1.71 |
2.77 |
2.2 |
0.63 |
-0.47 |
3.38 |
3.23 |
3.61 |
2.48 |
| EPS Diluted |
2.52 |
1.7 |
2.76 |
2.19 |
0.63 |
-0.47 |
3.35 |
3.21 |
3.6 |
2.47 |
| Weighted Average Shares Out |
$21.23 M
|
$17.88 M
|
$14.13 M
|
$12.78 M
|
$12.55 M
|
$11.03 M
|
$10.96 M
|
$10.88 M
|
$10.83 M
|
$10.79 M
|
| Weighted Average Shares Out Diluted |
$21.23 M
|
$17.98 M
|
$14.18 M
|
$12.83 M
|
$12.63 M
|
$11.03 M
|
$11.04 M
|
$10.94 M
|
$10.87 M
|
$10.83 M
|
| Link |
|
|
|
|
|
|
|
|
|
|
