VSEC Q3 2021 Earnings — VSE Corporation Revenue & Financial Results | Market Cap Arena

VSECVSE Corporation

$5B

Q3 2021 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$201M+21.2% YoY

Gross Profit

$15M7.3% margin

Operating Income

$14M6.9% margin

Net Income

$9M4.5% margin

EPS (Diluted)

$0.71

QoQ Revenue Growth

+14.5%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$21M

Stock-Based Comp.

$712,000

Balance Sheet

Total Assets

$913M

Total Liabilities

$502M

Stockholders' Equity

$411M

Cash & Equivalents

$383,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$201M	$166M	+21.2%
Gross Profit	$15M	$15M	-2.4%
Operating Income	$14M	$14M	-2.1%
Net Income	$9M	$8M	+11.3%

Revenue Segments

Product

$113M56%

Service

$88M44%