SequelSEC

V2X, Inc. VVX

Services-Facilities Support Management Services · CIK 0001601548 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$1.26B
Fiscal year ended 2026-07-03
Operating income
$53.81M
Fiscal year ended 2026-07-03
Free cash flow
Unavailable
Fiscal year ended 2026-07-03

Valuation, from the filing

Public float$701.96MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-27
Float per share$22.52Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income9.0×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue0.2×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.6×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-27, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

9.0× earnings today, against a median of 12.5× across 8 years on record. Below its own history.

Float measuredPublic floatFloat / net income
2025-06-27$701.96M9.0×
2024-06-28$588.61M17.0×
2021-07-02$543.64M11.9×
2020-07-03$552.79M15.0×
2019-06-28$457.58M13.8×
2018-06-29$340.11M9.7×
2017-06-30$353.02M5.9×
2016-07-01$308.91M13.1×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

V2X, Inc. (VVX) reported revenue of $1.26B and net income of $25.54M for the fiscal year ended 2026-07-03. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from V2X, Inc.’s SEC filings, each linked to the filing it came from.

Income

V2X, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-07-032026-04-032025-12-312025-09-262025-06-272025-03-282024-12-312024-09-272024-06-282024-03-29
Revenue$1.26B$1.25B$1.22B$1.17B$1.08B$1.02B$1.16B$1.08B$1.07B$1.01B
Cost of revenue$1.15B$1.15B$1.11B$1.07B$982.60M$937.82M$1.05B$990.22M$998.35M$940.29M
Gross profit$109.50M$105.82M$105.04M$94.50M$95.73M$78.10M$107.42M$91.44M$73.84M$70.27M
Operating income$53.81M$44.09M$51.36M$55.67M$52.94M$34.30M$51.56M$49.89M$27.43M$30.33M
Net income$25.54M$18.92M$22.78M$24.60M$22.39M$8.11M$25.03M$15.05M-$6.54M$1.14M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 31.52Mshares 31.51MUnavailableshares 31.86Mshares 31.88Mshares 32.02MUnavailableshares 31.97Mshares 31.47Mshares 31.79M
Pretax income$33.23M$23.52M$28.64M$32.75M$29.45M$10.07M$26.29M$19.54M-$8.11M$1.12M
Income tax expense$7.69M$4.59M$5.86M$8.14M$7.06M$1.96M$1.26M$4.49M-$1.57M-$20.00K
Diluted EPS$0.81$0.60Unavailable$0.77$0.70$0.25Unavailable$0.47$-0.21$0.04
Selling, general & administrative$55.69M$61.73M$53.68M$38.84M$42.79M$43.80M$55.86M$41.55M$46.41M$39.94M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

V2X, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-07-032026-04-032025-12-312025-09-262025-06-272025-03-282024-12-312024-09-272024-06-282024-03-29
Cash & equivalentsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total assets$3.20B$3.19B$3.27B$3.18B$3.15B$3.10B$3.23B$3.13B$3.15B$3.14B
Current assets$1.21B$1.17B$1.23B$1.10B$1.07B$1.00B$1.10B$982.30M$976.59M$953.58M
Total liabilities$2.06B$2.09B$2.19B$2.10B$2.08B$2.07B$2.20B$2.12B$2.16B$2.15B
Current liabilities$914.41M$933.30M$1.01B$914.26M$886.54M$867.09M$996.22M$906.05M$888.18M$852.74M
Total equity incl. NCI$1.13B$1.10B$1.08B$1.08B$1.07B$1.04B$1.03B$1.00B$991.95M$993.74M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$59.07M$48.70M$45.85M$48.00M$50.21M$49.89M$50.89M$49.71M$46.58MUnavailable
Accounts receivable$827.36M$828.76M$730.26M$773.29M$738.90M$705.38M$710.07M$766.40M$781.90M$788.49M
Goodwill$1.68B$1.68B$1.68B$1.68B$1.66B$1.66B$1.66B$1.65B$1.66B$1.65B
Long-term debt$1.05B$1.06B$1.08B$1.09B$1.09B$1.09B$1.09B$1.10B$1.14B$1.15B
Accounts payable$547.40M$467.42M$557.04M$487.18M$434.72M$440.60M$547.57M$538.22M$462.50M$430.60M

Cash flow

V2X, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-07-032026-04-032025-12-312025-09-262025-06-272025-03-282024-12-312024-09-272024-06-282024-03-29
Operating cash flow$21.55M-$129.91M$209.48M$39.45M$28.53M-$95.46M$223.13M$62.65M$25.68M-$57.23M
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flow-$1.08M-$2.29M$5.29M-$29.78M-$2.48M-$2.61M-$1.02M-$2.19M-$730.00K-$24.71M
Financing cash flow-$15.34M-$28.43M-$27.60M-$13.26M-$6.82M-$3.80M-$7.76M-$48.26M-$14.94M$46.46M
Net change in cash$5.65M-$160.33M$186.68M-$8.14M$21.40M-$99.26M$208.46M$15.09M$9.11M-$36.99M
Stock-based compensation$4.81M$3.61M$2.80M$2.94M$3.73M$2.45M$3.10M$1.08M$6.64M$5.15M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailable$20.00MUnavailableUnavailableUnavailable$0UnavailableUnavailableUnavailable
Depreciation & amortizationUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Derived

V2X, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-07-032026-04-032025-12-312025-09-262025-06-272025-03-282024-12-312024-09-272024-06-282024-03-29
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross margin8.7%8.4%8.6%8.1%8.9%7.7%9.3%8.5%6.9%7.0%
Operating margin4.3%3.5%4.2%4.8%4.9%3.4%4.5%4.6%2.6%3.0%
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenue0.4%0.3%0.2%0.3%0.3%0.2%0.3%0.1%0.6%0.5%
Current ratio1.32x1.25x1.22x1.20x1.20x1.16x1.11x1.08x1.10x1.12x
Revenue YoY growth16.5%23.4%5.3%7.9%0.6%0.5%11.3%8.0%9.6%7.1%
Net margin2.0%Unavailable1.9%2.1%2.1%Unavailable2.2%1.4%UnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equity0.92xUnavailable1.00x1.01xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate23.1%19.5%20.5%24.9%24.0%19.5%4.8%23.0%Unavailable-1.8%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open VVX in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-03View SEC filing
10-Q · Filed 2026-05-04View SEC filing
10-K · Filed 2026-02-23View SEC filing
10-Q · Filed 2025-11-03View SEC filing
10-Q · Filed 2025-08-04View SEC filing
10-Q · Filed 2025-05-05View SEC filing

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.