V2X Reports Third Quarter 2026 Results
Key Highlights
- ➤2026 revenue $1.27 billion, up 9% year-over-year
- ➤Net income $32.0 million, up 30% year-over-year
- ➤Adjusted diluted EPS $1.64, up 19% year-over-year
- ➤2026 revenue guidance raised to $4.95 billion-$5.10 billion
- ➤Net leverage ratio expected near 2.0x by year-end 2026
Expert Statements
Jeremy C. Wensinger, President and Chief Executive Officer of V2X
“We delivered another strong quarter, with revenue growth and double-digit increases in net income and diluted EPS. Our results reflect our team's consistent execution and continued demand for V2X's mission-critical capabilities.”
Jeremy C. Wensinger, President and Chief Executive Officer of V2X
“Recent award activity and on-contract growth reinforce the momentum underway, and we believe our global presence and diverse capabilities position us to scale quickly as customers' requirements continue to evolve.”
Jeremy C. Wensinger, President and Chief Executive Officer of V2X
“Based on our year-to-date performance, current backlog position and existing demand signals, we are increasing our full-year 2026 guidance.”
Jeremy C. Wensinger, President and Chief Executive Officer of V2X
“Looking forward, we expect to continue investing in areas of growth that we believe will enable us to advance our Go Towards Tomorrow strategy, create long-term value for our shareholders and deliver for our customers and their missions.”
* Revenue of $1.27 billion, up 9% year-over-year * Net income of $32.0 million, up 30% year-over-year; Adjusted net income(1) of $51.7 million, up 19% year-over-year * Adjusted EBITDA(1) of $88.6 million; Adjusted EBITDA margin(1) of 7.0% * Diluted EPS of $1.01, up 32% year-over-year; Adjusted diluted EPS(1) of $1.64, up 19% year-over-year * Increasing full-year 2026 guidance across all metrics RESTON, Va., Nov. 2, 2026 /PRNewswire/ -- V2X, Inc. (NYSE: VVX) today announced third quarter 2026 financial results and increased 2026 guidance.
"We delivered another strong quarter, with revenue growth and double-digit increases in net income and diluted EPS. Our results reflect our team's consistent execution and continued demand for V2X's mission-critical capabilities," said Jeremy C. Wensinger, President and Chief Executive Officer. "Recent award activity and on-contract growth reinforce the momentum underway, and we believe our global presence and diverse capabilities position us to scale quickly as customers' requirements continue to evolve. Based on our year-to-date performance, current backlog position and existing demand signals, we are increasing our full-year 2026 guidance. Looking forward, we expect to continue investing in areas of growth that we believe will enable us to advance our Go Towards Tomorrow strategy, create long-term value for our shareholders and deliver for our customers and their missions."
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