V2X, Inc.

NYSE•VVX

CEO: Mr. Shawn Mural

Sector: Industrials

Industry: Aerospace & Defense

Listing Date: 2014-09-16

V2X, Inc. provides critical mission solutions and support services to defense clients worldwide. It offers a suite of integrated solutions across the operations and logistics, aerospace, training, and technology markets to national security, defense, civilian, and international clients. The company was incorporated in 2014 and is headquartered in Reston, Virginia.

Contact Information

1875 Campus Commons Drive, Suite 305, Reston, VA, 20191, United States

571-481-2000

www.gov2x.com

Market Cap

$2.09B

P/E (TTM)

27.2

46.3

Dividend Yield

52W High

$75.00

52W Low

$42.09

52W Range

76%

Rank37Top 34.1%

4.4

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 4.4 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$1.22B+0.00%

4-Quarter Trend

EPS

$0.72+0.00%

4-Quarter Trend

FCF

$207.21M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Operating Income Increased 22.0% Operating income reached $194.3M, a 22.0% increase driven by program ramp-up and lower SG&A expenses.

Net Income Grew Substantially Net income was $77.9M, reflecting a massive 124.5% increase compared to the prior year results.

Total Revenue Reached $4.48B Total revenue grew 3.7% to $4.48B, primarily due to increased revenue from U.S. programs.

Operating Margin Improved Operating margin improved to 4.3% of revenue, up from 3.7% in 2024, showing better cost control.

Risk Factors

Total Backlog Decreased Total backlog fell $1.4B to $11.1B, impacted by revenue recognition timing and new award timing.

Government Budget Uncertainty Significant revenue reliance on U.S. government funding; budget shifts or delays could severely impact growth prospects.

Cybersecurity Incident Exposure Disclosed 2025 cybersecurity incident involving data removal; ongoing risk from evolving threat landscape remains high.

Variable Rate Debt Risk $1.1B aggregate debt is variable rate; rising interest rates could significantly increase debt service obligations.

Outlook

Backlog Revenue Recognition Expect recognition of 75% of remaining $11.1B backlog during 2026, supporting near-term revenue stability.

ICFR Material Weaknesses Fixed Management completed remediation of material weaknesses in internal controls during Q4 2025, improving reporting reliability.

Focus on Core Mission Essential Future focus remains on mission-essential functions: readiness, supply chain management, and platform modernization efforts.

Liquidity Position Strong Cash position supplemented by operating cash flow and credit facilities expected to fund 2026 operations and debt repayment.

Peer Comparison

Revenue (TTM)

VVX

$4.48B

+3.7%

SCS

$3.26B

+3.9%

HNI

$2.84B

+12.4%

Gross Margin (Latest Quarter)

PBI

55.1%

+0.8pp

HNI

40.9%

+1.5pp

CDRE

40.9%

+5.3pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
ATRO	$2.45B	90.0	14.9%	53.5%
VVX	$2.09B	27.2	7.3%	34.5%
DXPE	$2.06B	23.2	18.7%	58.3%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

6.3%

Steady Growth

4Q Net Income CAGR

41.1%

Profitability Improved

Cash Flow Stability

75%

Volatile Cash Flow

Deep Research

Next earnings:May 4, 2026

EPS:$1.24

Revenue:$1.12B

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data