Filing Flows › V2X (VVX) › Q1 2025
V2X (VVX) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 5, 2025
V2X (VVX) reported revenue of $1.0B for the first quarter 2025 (Q1 2025), +0.5% from a year earlier and -12% from the quarter before. Operating margin was 3.4%, net earnings $8.1M (0.8% of revenue).
V2X, Q1 2025: revenue $1.0B (+0.5% year over year), operating margin 3.4%, net earnings $8.1M, operating cash flow −$95.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | -12% | +0.5% |
| Operating profit | $34.3M | -33% | +13% |
| Net earnings | $8.1M | -68% | +609% |
| Operating cash flow | −$95.5M | — | — |
What changed
Revenue was $1.0B in Q1 2025, up 1% year over year and down 12% from the previous quarter.
Operating profit was $0.03B, a 3.4% margin (up 0.4 points year over year). Of the extra revenue versus a year earlier, 74% reached operating profit, above the 3% margin then. Total costs grew 0% against revenue growth of 1%. Net earnings were $0.01B, up 609% year over year. The effective tax rate was 19.5%.
Operating cash flow was −$0.10B. Non-cash charges added back $0.03B of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items used $0.13B. Capital expenditures of $2.7M exceeded it, leaving free cash flow of −$0.10B.
Questions
What was V2X's revenue in the first quarter 2025?
V2X (VVX) reported revenue of $1.0B for the first quarter 2025 (Q1 2025), +0.5% from a year earlier and -12% from the quarter before.
Was V2X profitable in the first quarter 2025?
Operating profit was $34.3M (3.4% of revenue) and net earnings $8.1M.
Source: V2X 10-Q on SEC EDGAR.