Filing Flows › V2X (VVX) › Q3 2025
V2X (VVX) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 3, 2025
V2X (VVX) reported revenue of $1.2B for the third quarter 2025 (Q3 2025), +8% from a year earlier and +8% from the quarter before. Operating margin was 4.8%, net earnings $24.6M (2.1% of revenue).
V2X, Q3 2025: revenue $1.2B (+8% year over year), operating margin 4.8%, net earnings $24.6M, operating cash flow $39.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +8% | +8% |
| Operating profit | $55.7M | +5% | +12% |
| Net earnings | $24.6M | +10% | +63% |
| Operating cash flow | $39.4M | +38% | -37% |
| Free cash flow | $35.0M | +34% | -42% |
What changed
Revenue was $1.2B in Q3 2025, up 8% year over year and up 8% from the previous quarter.
Operating profit was $0.06B, a 4.8% margin (up 0.2 points year over year). Of the extra revenue versus a year earlier, 7% reached operating profit, above the 5% margin then. Total costs grew 8% against revenue growth of 8%. Net earnings were $0.02B, up 63% year over year. The effective tax rate was 24.9%.
Operating cash flow was $0.04B (down 37% year over year), 160% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items used $0.01B. Capital expenditures of $4.5M left free cash flow of $0.03B.
Questions
What was V2X's revenue in the third quarter 2025?
V2X (VVX) reported revenue of $1.2B for the third quarter 2025 (Q3 2025), +8% from a year earlier and +8% from the quarter before.
Was V2X profitable in the third quarter 2025?
Operating profit was $55.7M (4.8% of revenue) and net earnings $24.6M.
Source: V2X 10-Q on SEC EDGAR.