VSEC Q1 2025 Earnings — VSE Corporation Revenue & Financial Results | Market Cap Arena

VSECVSE Corporation

$5B

Q1 2025 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$256M+57.7% YoY

Gross Profit

$27M10.5% margin

Operating Income

$26M10.0% margin

Net Income

-$9M-3.6% margin

EPS (Diluted)

$-0.43

QoQ Revenue Growth

-14.4%

Cash Flow

Operating Cash Flow

-$47M

Free Cash Flow

-$50M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$757M

Stockholders' Equity

$976M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$256M	$162M	+57.7%
Gross Profit	$27M	$19M	+44.4%
Operating Income	$26M	$17M	+49.1%
Net Income	-$9M	-$19M	+52.2%

Revenue Segments

Product

$161M63%

Service

$95M37%