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How V2X (VVX) makes money

V2X (VVX) made $1.3B of revenue in the third quarter 2026 (Q3 2026), +9% from a year earlier. Of every dollar of revenue, 5¢ was left as operating profit, 3¢ was left as net earnings.

Drawing the Sankey…

V2X revenue by quarterV2X revenue by quarter$1.0BQ1 2025$1.1BQ2 2025$1.2BQ3 2025$1.2BQ4 2025$1.3BQ1 2026$1.3BQ2 2026$1.3BQ3 2026
V2X: where each dollar of revenue goesV2X: where each dollar of revenue goesOperating profit5¢Income tax1¢Net earnings3¢Operating cash flow5¢Free cash flow5¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$1.3B100.0%
Operating profit$59.5M4.7%
Income tax$9.5M0.7%
Net earnings$32.0M2.5%
Operating cash flow$67.3M5.3%
Free cash flow$64.0M5.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$1.3B+9%
Q2 2026$1.3B+16%
Q1 2026$1.3B+23%
Q4 2025$1.2B+5%
Q3 2025$1.2B+8%
Q2 2025$1.1B+0.6%
Q1 2025$1.0B+0.5%

From V2X's 10-Q filed Nov 2, 2026 (on EDGAR).

Questions

How does V2X make money?

V2X (VVX) made $1.3B of revenue in the third quarter 2026 (Q3 2026), +9% from a year earlier. Of every dollar of revenue, 5¢ was left as operating profit, 3¢ was left as net earnings.

What is V2X's profit margin?

Net earnings were $32.0M, 2.5% of revenue, in the third quarter 2026; the operating margin was 4.7%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.