V2X, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.48B | $4.32B | $3.96B | $2.89B | $1.78B | $1.40B | $1.38B | $1.28B |
| Cost of Revenue | $4.11B | $3.98B | $3.63B | $2.60B | $1.62B | $1.27B | $1.25B | $1.16B |
| Gross Profit | $373.4M | $343.0M | $334.9M | $295.0M | $160.4M | $124.2M | $128.0M | $114.4M |
| Gross Margin | 8.3% | 7.9% | 8.4% | 10.2% | 9.0% | 8.9% | 9.3% | 8.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $179.1M | $183.8M | $210.4M | $239.2M | $98.4M | $80.7M | $78.3M | $66.4M |
| Operating Income | $194.3M | $159.2M | $124.4M | $55.8M | $62.0M | $43.5M | $49.6M | $48.1M |
| Operating Margin | 4.3% | 3.7% | 3.1% | 1.9% | 3.5% | 3.1% | 3.6% | 3.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $100.9M | $38.8M | $-24.5M | $-6.1M | $54.0M | $38.7M | $43.2M | $43.0M |
| Income Tax Expense | $23.0M | $4.2M | $-1.9M | $8.2M | $8.3M | $1.7M | $10.0M | $7.9M |
| Net Income | $77.9M | $34.7M | $-22.6M | $-14.3M | $45.7M | $37.0M | $33.2M | $35.1M |
| Net Margin | 1.7% | 0.8% | -0.6% | -0.5% | 2.6% | 2.6% | 2.4% | 2.7% |
| EPS (Basic) | $2.47 | $1.10 | $-0.73 | $-0.68 | $3.91 | $3.19 | $2.90 | $3.13 |
| EPS (Diluted) | $2.45 | $1.08 | $-0.73 | $-0.68 | $3.86 | $3.14 | $2.86 | $3.08 |
| Shares Outstanding (Basic) | 31.6M | 31.5M | 31.1M | 21.0M | 11.7M | 11.6M | 11.4M | 11.2M |
| Shares Outstanding (Diluted) | 31.8M | 32.0M | 31.1M | 21.0M | 11.8M | 11.8M | 11.6M | 11.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |