The financials
VSE Corporation by the numbers
VSE Corporation (VSEC) reported revenue of $449M in Q2 2026 (quarter ended June 30, 2026), up 65% from the same quarter a year earlier. That came with net income of $29M (6.4% of revenue). For the full year FY2025, revenue was $1.11B (+41% year on year) and net income $12M. Its largest segment in 2024-Q3 was Aviation at $204M, 82% of the disclosed total, just ahead of Wheeler Fleet at 18%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $449M | $272M | +65% |
| Operating income | $49M | $23M | +117% |
| Net income | $29M | $3.2M | +792% |
| Diluted EPS | $0.91 | $0.16 | +469% |
| Operating | Revenue | Share |
|---|---|---|
| Aviation | $204M | 82% |
| Wheeler Fleet | $45M | 18% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q3 2025Total $282.9M (+4.0%)
Aviation grew +39% year on year
Segment Latestquarter on quarteryear on year
- Aviation$282.9M$282.9MQoQ +4.0%year on year +39%+4.0%+39%
- Wheeler Fleet--QoQ -year on year ---
Aerospace & Defense
Ranks #26 of 48 by Smart Score