Filing Flows › V2X (VVX) › Q2 2025
V2X (VVX) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 4, 2025
V2X (VVX) reported revenue of $1.1B for the second quarter 2025 (Q2 2025), +0.6% from a year earlier and +6% from the quarter before. Operating margin was 4.9%, net earnings $22.4M (2.1% of revenue).
V2X, Q2 2025: revenue $1.1B (+0.6% year over year), operating margin 4.9%, net earnings $22.4M, operating cash flow $28.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +6% | +0.6% |
| Operating profit | $52.9M | +54% | +93% |
| Net earnings | $22.4M | +176% | — |
| Operating cash flow | $28.5M | — | +11% |
| Free cash flow | $26.1M | — | +4% |
What changed
Revenue was $1.1B in Q2 2025, up 1% year over year and up 6% from the previous quarter.
Operating profit was $0.05B, a 4.9% margin (up 2.4 points year over year). Of the extra revenue versus a year earlier, 415% reached operating profit, above the 3% margin then. Total costs fell 2% while revenue rose 1%. Net earnings were $0.02B. The effective tax rate was 24.0%.
Operating cash flow was $0.03B (up 11% year over year), 127% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $3.7M of share-based compensation. Working capital and other items used $0.02B. Capital expenditures of $2.5M left free cash flow of $0.03B.
Questions
What was V2X's revenue in the second quarter 2025?
V2X (VVX) reported revenue of $1.1B for the second quarter 2025 (Q2 2025), +0.6% from a year earlier and +6% from the quarter before.
Was V2X profitable in the second quarter 2025?
Operating profit was $52.9M (4.9% of revenue) and net earnings $22.4M.
Source: V2X 10-Q on SEC EDGAR.