For the quarter ending 2026-03-31, VSEC has $3,310,663K in assets. $644,447K in debts. $1,239,407K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,239,407 | 69,358 | 8,784 | 16,906 |
| Current assets held-for-sale | - | 0 | 0 | 0 |
| Receivables (net of allowance of 7.3million and 7.2million, respectively) | 216,504 | 190,732 | 176,399 | 183,208 |
| Contract assets | 45,723 | 41,468 | 34,027 | 34,043 |
| Inventories | 625,737 | 553,834 | 464,315 | 463,216 |
| Prepaid expenses and other current assets | 33,569 | 37,937 | 38,755 | 56,246 |
| Total current assets | 2,160,940 | 893,329 | 722,280 | 753,619 |
| Earn-out receivable | - | - | - | 23,300 |
| Property and equipment (net of accumulated depreciation of 37.9 million and 34.2 million, respectively) | 93,821 | 91,098 | 82,986 | 80,243 |
| Intangible assets (net of accumulated amortization of 111.8 million and 100.2 million, respectively) | 318,809 | 295,962 | 201,849 | 208,536 |
| Goodwill | 638,889 | 641,242 | 428,705 | 428,665 |
| Operating lease right-of-use assets | 48,272 | 50,151 | 42,975 | 43,748 |
| Note receivable | 27,735 | 27,041 | 26,342 | 25,000 |
| Other assets | 22,197 | 29,755 | 55,310 | 38,916 |
| Total assets | 3,310,663 | 2,028,578 | 1,560,447 | 1,602,027 |
| Accrued expenses and other current liabilities | - | 73,161 | 61,357 | 52,012 |
| Current portion of long-term debt | 29,924 | 7,500 | 7,500 | 7,500 |
| Accounts payable | 147,910 | 154,506 | 112,425 | 140,465 |
| Current liabilities held-for-sale | - | 0 | 0 | 0 |
| Accrued expenses and other current liabilities | 65,550 | - | - | - |
| Dividends payable | 2,806 | 2,339 | 2,069 | 2,068 |
| Total current liabilities | 246,190 | 237,506 | 183,351 | 202,045 |
| Long-term debt, net of current portion | 331,051 | 285,304 | 348,596 | 371,656 |
| Deferred compensation | 4,613 | 5,918 | 7,331 | 7,540 |
| Long-term operating lease obligations | 41,557 | 43,693 | 37,609 | 38,259 |
| Deferred tax liabilities | 16,782 | 12,394 | - | - |
| Other long-term liabilities | 4,254 | 4,955 | 220 | 3,000 |
| Total liabilities | 644,447 | 589,770 | 577,107 | 622,500 |
| Common stock, par value 0.05 per share, authorized 44,000,000 shares issued and outstanding 28,055,592 and 23,398,046, respectively | 1,403 | 1,170 | 1,034 | 1,034 |
| Additional paid-in capital | 2,241,751 | 1,041,483 | 597,210 | 595,001 |
| Retained earnings | 421,891 | 395,643 | 384,416 | 382,572 |
| Accumulated other comprehensive income | 1,171 | 512 | 680 | 920 |
| Total stockholders' equity | 2,666,216 | 1,438,808 | 983,340 | 979,527 |
| Total liabilities and stockholders' equity | 3,310,663 | 2,028,578 | 1,560,447 | 1,602,027 |
VSE CORP (VSEC)
VSE CORP (VSEC)