VSE Corp (VSECU) stock
Close on Nov 3, 2026Market cap $4.57BP/E 59.5Yield 0.25%
Earnings
VSE's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of VSE's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q3 FY2026ended Sep 30, 2026 | Oct 26, 2026Expected | – | – | – | – | – |
| Q2 FY2026ended Jun 30, 2026 | Aug 5, 2026during market hours | $449.10M | +65.0% | $0.91 | $1.75 | Release |
| Q1 FY2026ended Mar 31, 2026 | May 5, 2026during market hours | $324.60M | +26.8% | $1.04 | $1.17 | Release |
| Q4 FY2025ended Dec 31, 2025 | Feb 26, 2026during market hours | $301.20M | +0.7% | $0.98 | $1.16 | Release |
| Q3 FY2025ended Sep 30, 2025 | Oct 27, 2025during market hours | $282.90M | +3.4% | $0.17 | $0.99 | Release |
| Q2 FY2025ended Jun 30, 2025 | Jul 30, 2025during market hours | $272.10M | +2.3% | $0.66 | $0.97 | Release |
| Q1 FY2025ended Mar 31, 2025 | May 6, 2025during market hours | $256.00M | +6.0% | $0.67 | $0.78 | Release |
| Q4 FY2024ended Dec 31, 2024 | Feb 27, 2025during market hours | $299.00M | +27.1% | $0.77 | $0.90 | Release |
| Q3 FY2024ended Sep 30, 2024 | Nov 6, 2024before the open | $273.60M | +18.2% | $0.63 | $0.71 | Release |
| Q2 FY2024ended Jun 30, 2024 | Aug 1, 2024during market hours | $266.00M | +29.6% | -$0.16 | $0.64 | Release |
| Q1 FY2024ended Mar 31, 2024 | May 8, 2024during market hours | $241.50M | -5.4% | $0.76 | $0.87 | Release |
| Q4 FY2023ended Dec 31, 2023 | Mar 6, 2024during market hours | $235.30M | +0.4% | $0.82 | $0.85 | Release |
| Q3 FY2023ended Sep 30, 2023 | Nov 1, 2023during market hours | $231.40M | -4.6% | $0.80 | $0.92 | Release |
| Q2 FY2023ended Jun 30, 2023 | Jul 27, 2023during market hours | $205.20M | -15.1% | $0.78 | $0.82 | Release |
| Q1 FY2023ended Mar 31, 2023 | May 2, 2023during market hours | $255.40M | +10.5% | $0.71 | $0.83 | Release |
| Q4 FY2022ended Dec 31, 2022 | Mar 9, 2023during market hours | $234.30M | +11.5% | $0.38 | $0.68 | Release |
| Q3 FY2022ended Sep 30, 2022 | Oct 27, 2022during market hours | $242.50M | +20.9% | $0.73 | $0.76 | Release |
| Q2 FY2022ended Jun 30, 2022 | Jul 28, 2022during market hours | $241.70M | – | $0.59 | $0.75 | Release |
| Q1 FY2022ended Mar 31, 2022 | Apr 28, 2022during market hours | $231.20M | – | $0.49 | $0.72 | Release |
| Q4 FY2021ended Dec 31, 2021 | Mar 10, 2022during market hours | $210.20M | – | $0.48 | $0.53 | Release |
| Q3 FY2021ended Sep 30, 2021 | Oct 28, 2021during market hours | $200.60M | – | $0.71 | $0.76 | Release |
| Q2 FY2021ended Jun 30, 2021 | Jul 29, 2021during market hours | – | – | – | – | Release |
| Q1 FY2021ended Mar 31, 2021 | Apr 29, 2021during market hours | – | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Mar 5, 2021during market hours | – | – | – | – | Release |
| Q3 FY2020ended Sep 30, 2020 | Oct 29, 2020during market hours | – | – | – | – | Filing |
| Q2 FY2020ended Jun 30, 2020 | Jul 30, 2020during market hours | – | – | – | – | Release |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
VSE's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| revenue growth | FY2026 | +61% – +64% | +57% – +61% | Raised | Aug 5, 2026 |
| revenue growth | FY2026 | +19% – +23% | – | New | Feb 25, 2026 |
| Adjusted EBITDA marginnon-GAAP | FY2026 | 16.8% – 17.3% | – | New | Feb 25, 2026 |
| Adjusted EBITDA marginnon-GAAP | FY2026 | 18.7% – 19% | 18.1% – 18.5% | Raised | Aug 5, 2026 |
Guidance vs results
The last range VSE gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| FY2025 | Revenue growth | +38% – +40% | +2.97%Σ4Q | Below range |
| Q3 FY2024 | Revenue | $268.00M – $275.00M | $273.60M | Within range |
Guidance history
Every forecast VSE put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Aug 5, 2026 | Adjusted EBITDA margin | FY2026 | 18.7% – 19% | Raised |
| Aug 5, 2026 | revenue growth | FY2026 | +61% – +64% | Raised |
| May 5, 2026 | Adjusted EBITDA margin | FY2026 | 18.1% – 18.5% | New |
| May 5, 2026 | full year revenue growth | FY2026 | +57% – +61% | New |
| Feb 25, 2026 | Adjusted EBITDA margin | FY2026 | 16.8% – 17.3% | New |
| Feb 25, 2026 | revenue growth | FY2026 | +19% – +23% | New |
| Jan 29, 2026 | consolidated Adjusted EBITDA margin | over the next few years | 20% | – |
| Oct 27, 2025 | Aviation segment Adjusted EBITDA margin | FY2025 | 17% – 17.25% | New |
| Oct 27, 2025 | revenue growth | FY2025 | +38% – +40% | New |
| Jul 30, 2025 | Adjusted EBITDA margin | FY2025 | 16.5% – 17% | New |
| Jul 30, 2025 | revenue growth | FY2025 | +35% – +40% | Reaffirmed |
| May 6, 2025 | Aviation segment full-year 2025 Adjusted EBITDA margin | FY2025 | 16% – 17% | Raised |
| May 6, 2025 | revenue growth | FY2025 | +35% – +40% | Reaffirmed |
| Feb 26, 2025 | Aviation segment full year 2025 Adjusted EBITDA margin | FY2025 | 15.5% – 16.5% | New |
| Feb 26, 2025 | Aviation segment full year 2025 revenue growth | FY2025 | +35% – +40% | New |
| Nov 6, 2024 | Adjusted EBITDA margin | FY2024 | 15.5% – 16.5% | Raised |
| Nov 6, 2024 | Adjusted EBITDA margin | FY2024 | 6% – 8% | Lowered |
| Nov 6, 2024 | revenue guidance | FY2024 | +39% – +41% | Raised |
| Nov 6, 2024 | revenue guidance | FY2024 | -10% – -5% | Lowered |
| Oct 15, 2024 | Adjusted EBITDA | Q3 FY2024 | $31.00M – $34.00M | New |
| Oct 15, 2024 | Operating Income | Q3 FY2024 | $22.00M – $24.00M | New |
| Oct 15, 2024 | Revenue | Q3 FY2024 | $268.00M – $275.00M | New |
| Jul 31, 2024 | Adjusted EBITDA margin | FY2024 | 15.5% – 16.5% | Raised |
| Jul 31, 2024 | Adjusted EBITDA margin | FY2024 | 6% – 8% | Lowered |
| Jul 31, 2024 | revenue growth | FY2024 | +34% – +38% | Raised |
| Jul 31, 2024 | revenue guidance range | FY2024 | 0% – +5% | Lowered |
| May 8, 2024 | Adjusted EBITDA margin | FY2024 | 15.5% – 16.5% | Raised |
| May 8, 2024 | Adjusted EBITDA margin | FY2024 | 6% – 8% | Lowered |
| May 8, 2024 | revenue guidance range | FY2024 | +34% – +38% | Raised |
| May 8, 2024 | revenue guidance range | FY2024 | 0% – +5% | Lowered |
| Mar 6, 2024 | Adjusted EBITDA margin | FY2024 | 15% – 16% | New |
| Mar 6, 2024 | Adjusted EBITDA | FY2024 | +8% – +12% | New |
| Mar 6, 2024 | revenue growth | FY2024 | +24% – +28% | New |
| Mar 6, 2024 | revenue growth | FY2024 | +13% – +17% | Lowered |
| Nov 1, 2023 | Aviation segment Adjusted EBITDA margin | FY2023 | 14% – 16% | Raised |
| Nov 1, 2023 | Fleet segment Adjusted EBITDA margin | FY2023 | 11% – 13% | Lowered |
| Nov 1, 2023 | Aviation segment revenue growth | FY2023 | +30% – +35% | Raised |
| Nov 1, 2023 | Fleet segment revenue growth | FY2023 | +20% – +25% | Lowered |
| Jul 26, 2023 | Adjusted EBITDA margin | FY2023 | 13% – 15% | Raised |
| Jul 26, 2023 | Adjusted EBITDA margin guidance range | FY2023 | 11% – 13% | Lowered |
| Jul 26, 2023 | revenue guidance | FY2023 | +25% – +30% | Raised |
| Jul 26, 2023 | revenue guidance | FY2023 | +20% – +25% | Lowered |
| May 1, 2023 | Aviation Adjusted EBITDA margin | FY2023 | 13% – 15% | New |
| May 1, 2023 | Fleet segment Adjusted EBITDA margin | FY2023 | 11% – 13% | Lowered |
| May 1, 2023 | Aviation revenue | FY2023 | +10% – +15% | New |
| May 1, 2023 | Fleet segment revenue | FY2023 | +12% – +20% | Raised |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases VSE filed with the SEC as exhibits to Form 8-K or 6-K
- News
- Results
- News
- Update
- Update
- Update
- Results
- News
- Results
- News
- News
- News
- Results
- News
- Results
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