Filing Flows › V2X (VVX) › Q2 2026 › vs Q2 2025
V2X (VVX) Q2 2026 vs Q2 2025 (year over year)
V2X's revenue rose $178M (+17%) from $1.1B in Q2 2025 to $1.3B in Q2 2026. Operating margin 4.3% against 4.9% (-0.6 pts).
V2X, Q2 2026: revenue $1.3B (+16% year over year), operating margin 4.3%, net earnings $25.5M, operating cash flow $21.6M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 4.3% | 4.9% | -0.6 pts |
| Net margin | 2.0% | 2.1% | -0.0 pts |
| Free cash flow margin | 1.6% | 2.4% | -0.8 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.3B | $1.1B | $178M | +17% |
| Operating profit | $53.8M | $52.9M | $870K | +2% |
| Costs & expenses | $1.2B | $1.0B | $177M | +17% |
| Pre-tax earnings | $33.2M | $29.4M | $3.8M | +13% |
| Other expense, net | $20.6M | $23.5M | −$2.9M | -12% |
| Cost of revenue | $1.1B | $983M | $165M | +17% |
| SG&A | $55.7M | $42.8M | $12.9M | +30% |
| Net earnings | $25.5M | $22.4M | $3.1M | +14% |
| Income tax | $7.7M | $7.1M | $630K | +9% |
| Operating cash sources | $57.4M | $52.6M | $4.7M | +9% |
| Depreciation & amortization | $27.0M | $26.5M | $519K | +2% |
| Share-based compensation | $4.8M | $3.7M | $1.1M | +29% |
| Working capital & other | $35.8M | $24.1M | $11.7M | +49% |
| Operating cash flow | $21.6M | $28.5M | −$7.0M | -24% |
| Free cash flow (OCF − capex) | $20.5M | $26.1M | −$5.6M | -21% |
| Capital expenditures | $1.1M | $2.5M | −$1.4M | -56% |
Questions
How much did V2X's revenue grow year over year in Q2 2026?
V2X's revenue rose $178M (+17%) from $1.1B in Q2 2025 to $1.3B in Q2 2026. Operating margin 4.3% against 4.9% (-0.6 pts).