For the quarter ending 2025-09-30, VSEC made $282,909,000 in revenue. $3,912,000 in net income. Net profit margin of 1.38%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenues | 282,909,000 | 272,139,000 | 256,045,000 | 270,280,000 |
| Costs and operating expenses-Product | 147,682,000 | 144,828,000 | - | - |
| Costs and operating expenses-Service | 94,486,000 | 89,795,000 | - | - |
| Selling, general and administrative expenses | 667,000 | 8,516,000 | 2,311,000 | 3,927,000 |
| Earn-out receivable fair value adjustments | 23,300,000 | - | - | - |
| Lease abandonment and termination (benefits) costs | 0 | 0 | - | 0 |
| Costs and operating expenses | - | - | 223,096,000 | 236,268,500 |
| Amortization of intangible assets | 6,687,000 | 6,487,000 | 6,134,000 | 4,290,000 |
| Total costs and operating expenses | 272,822,000 | 249,626,000 | 231,541,000 | 244,485,500 |
| Operating income | 10,087,000 | 22,513,000 | 24,504,000 | 25,794,500 |
| Interest expense, net | 4,339,000 | 6,445,000 | -7,939,000 | -8,652,000 |
| Income from continuing operations before income taxes | 5,748,000 | 16,068,000 | 16,565,000 | 17,729,500 |
| Provision for income taxes | 2,157,000 | 2,430,000 | 2,597,000 | 388,000 |
| Net income from continuing operations | 3,591,000 | 13,638,000 | 13,968,000 | 10,283,500 |
| Income (loss) from discontinued operations, net of tax | 321,000 | -10,441,000 | -22,941,000 | -7,058,000 |
| Net income (loss) | 3,912,000 | 3,197,000 | -8,973,000 | 3,225,500 |
| Basic (in shares) | 20,681,203 | 20,670,239 | 20,617,949 | -8,849,848 |
| Basic earnings (loss) per share (in dollars per share) | 0.19 | 0.15 | -0.43 | 0.195 |
| Diluted (in shares) | 20,756,508 | 20,731,397 | 20,740,319 | -8,852,971.5 |
| Diluted earnings (loss) per share (in dollars per share) | 0.19 | 0.16 | -0.44 | 0.19 |
VSE CORP (VSEC)
VSE CORP (VSEC)