VSE Corp (VSECU) stock
VSECUNasdaqServices-Engineering ServicesFiscal year ends December 31Also trades as VSEC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026Score 13/3019% above fair value
$43.42+0.96 (+2.27%)
Close on Nov 3, 2026Market cap $4.57BP/E 59.5Yield 0.25%
VSE operating income
Operating income is the profit from the core business after operating expenses such as R&D and selling costs, before interest and taxes.
VSE's operating income for the twelve months ending Jun 30, 2026 was $124.28M, up 42.0% year over year. For fiscal 2025 it was $89.60M, up 52.5% from the year before. Over ten years it grew 5.9% a year on average. The highest annual figure on record is $89.60M in fiscal 2025.
Annual operating income
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $89.60M | +52.5% |
| FY2024 | Dec 31, 2024 | $58.76M | +17.2% |
| FY2023 | Dec 31, 2023 | $50.15M | -6.5% |
| FY2022 | Dec 31, 2022 | $53.60M | – |
| FY2021 | Dec 31, 2021 | -$2.71M | -119.4% |
| FY2020 | Dec 31, 2020 | $13.92M | -76.9% |
| FY2019 | Dec 31, 2019 | $60.26M | +11.1% |
| FY2018 | Dec 31, 2018 | $54.23M | -0.2% |
| FY2017 | Dec 31, 2017 | $54.33M | +5.4% |
| FY2016 | Dec 31, 2016 | $51.53M | +2.0% |
| FY2015 | Dec 31, 2015 | $50.54M | +36.9% |
| FY2014 | Dec 31, 2014 | $36.93M | -16.3% |
| FY2013 | Dec 31, 2013 | $44.10M | -13.7% |
| FY2012 | Dec 31, 2012 | $51.08M | +41.6% |
| FY2011 | Dec 31, 2011 | $36.08M | -4.9% |
| FY2010 | Dec 31, 2010 | $37.94M | -1.4% |
| FY2009 | Dec 31, 2009 | $38.48M | – |
Quarterly operating income
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | $48.96M | +117.5% |
| Q1 FY2026 | Mar 31, 2026 | $32.75M | +33.6% |
| Q4 FY2025 | Dec 31, 2025 | $32.49M | +59.0% |
| Q3 FY2025 | Sep 30, 2025 | $10.09M | -49.7% |
| Q2 FY2025 | Jun 30, 2025 | $22.51M | +765.2% |
| Q1 FY2025 | Mar 31, 2025 | $24.50M | +56.6% |
| Q4 FY2024 | Dec 31, 2024 | $20.44M | – |
| Q3 FY2024 | Sep 30, 2024 | $20.07M | -20.6% |
| Q2 FY2024 | Jun 30, 2024 | $2.60M | -87.4% |
| Q1 FY2024 | Mar 31, 2024 | $15.64M | -6.8% |
| Q4 FY2023 | Dec 31, 2023 | -$12.53M | -178.6% |
| Q3 FY2023 | Sep 30, 2023 | $25.26M | +67.2% |
| Q2 FY2023 | Jun 30, 2023 | $20.64M | +95.9% |
| Q1 FY2023 | Mar 31, 2023 | $16.78M | +40.8% |
| Q4 FY2022 | Dec 31, 2022 | $15.94M | – |
| Q3 FY2022 | Sep 30, 2022 | $15.11M | +8.8% |
| Q2 FY2022 | Jun 30, 2022 | $10.54M | – |
| Q1 FY2022 | Mar 31, 2022 | $11.91M | +24.1% |
| Q4 FY2021 | Dec 31, 2021 | -$13.49M | -213.2% |
| Q3 FY2021 | Sep 30, 2021 | $13.89M | -2.1% |
| Q2 FY2021 | Jun 30, 2021 | -$12.71M | – |
| Q1 FY2021 | Mar 31, 2021 | $9.60M | -1.3% |
| Q4 FY2020 | Dec 31, 2020 | $11.91M | -19.6% |
| Q3 FY2020 | Sep 30, 2020 | $14.19M | -17.6% |
| Q2 FY2020 | Jun 30, 2020 | -$21.91M | -233.5% |
| Q1 FY2020 | Mar 31, 2020 | $9.73M | -17.6% |
| Q4 FY2019 | Dec 31, 2019 | $14.81M | +13.2% |
| Q3 FY2019 | Sep 30, 2019 | $17.22M | +9.7% |
| Q2 FY2019 | Jun 30, 2019 | $16.42M | +18.5% |
| Q1 FY2019 | Mar 31, 2019 | $11.81M | +1.9% |
| Q4 FY2018 | Dec 31, 2018 | $13.09M | +1.5% |
| Q3 FY2018 | Sep 30, 2018 | $15.70M | +28.3% |
| Q2 FY2018 | Jun 30, 2018 | $13.86M | -7.7% |
| Q1 FY2018 | Mar 31, 2018 | $11.59M | -18.3% |
| Q4 FY2017 | Dec 31, 2017 | $12.89M | -3.0% |
| Q3 FY2017 | Sep 30, 2017 | $12.24M | -10.2% |
| Q2 FY2017 | Jun 30, 2017 | $15.01M | – |
| Q1 FY2017 | Mar 31, 2017 | $14.20M | – |
| Q4 FY2016 | Dec 31, 2016 | $13.29M | – |
| Q3 FY2016 | Sep 30, 2016 | $13.62M | – |
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