Filing Flows › V2X (VVX) › Q2 2026
V2X (VVX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 3, 2026
V2X (VVX) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +17% from a year earlier and +0.2% from the quarter before. Operating margin was 4.3%, net earnings $25.5M (2.0% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +0.2% | +17% |
| Operating profit | $53.8M | +22% | +2% |
| Net earnings | $25.5M | +35% | +14% |
| Operating cash flow | $21.6M | — | -24% |
| Free cash flow | $20.5M | — | -21% |
What changed
Revenue was $1.3B in Q2 2026, up 17% year over year and roughly flat from the previous quarter.
Operating profit was $0.05B, a 4.3% margin (down 0.6 points year over year). Of the extra revenue versus Q2 2025, 0% reached operating profit, below the 5% margin then. Total costs grew 17% against revenue growth of 17%. The fastest-growing cost line was SG&A (+30%). Net earnings were $0.03B, up 14% year over year. The effective tax rate was 23.1%.
Operating cash flow was $0.02B (down 24% year over year), 84% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $4.8M of share-based compensation. Working capital and other items used $0.04B. Capital expenditures of $1.1M left free cash flow of $0.02B.
Questions
What was V2X's revenue in the second quarter 2026?
V2X (VVX) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +17% from a year earlier and +0.2% from the quarter before.
Was V2X profitable in the second quarter 2026?
Operating profit was $53.8M (4.3% of revenue) and net earnings $25.5M.
Source: V2X 10-Q on SEC EDGAR.