V2X, Inc. (VVX) Stock Analysis
Industrials · Aerospace & Defense · NYSE
V2X, Inc. (VVX) posted $4.48B in revenue for fiscal 2025 (up 3.7% year over year), at a 1.7% net margin, and has compounded revenue about 26.3%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on V2X, Inc.
V2X, Inc. has grown revenue from $1.19B to $4.48B over the last 10 fiscal years, compounding about 26.3% a year. The most recent year was up 3.7%, so growth has cooled from its longer-run pace.
Net margin sits at 1.7%, up 0.9 points year over year on a 8.3% gross margin. It carries about $1.10B of total debt.
At today's valuation the market is pricing in roughly 5% annual free-cash-flow growth — versus the 23.3% it actually delivered over the last five years, so the price is arguably undemanding against what it has already proven. The one thing worth a second look in the filings is heavy debt load.
Synthesised from V2X, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
V2X, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.19B | $1.11B | $1.28B | $1.38B | $1.40B | $1.78B | $2.89B | $3.96B | $4.32B | $4.48B |
| Gross profit | $106.91M | $101.95M | $114.43M | $127.97M | $124.15M | $160.42M | $295.01M | $334.86M | $342.96M | $373.38M |
| Net income | $23.66M | $59.50M | $35.09M | $33.18M | $36.95M | $45.73M | $-14.33M | $-22.57M | $34.68M | $77.88M |
| Net margin | 2.0% | 5.3% | 2.7% | 2.4% | 2.6% | 2.6% | -0.5% | -0.6% | 0.8% | 1.7% |
Source: V2X, Inc. SEC filings (10-K). 14 years of history available in the interactive view.
V2X, Inc.: 1 potential red flag in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Heavy debt loadTotal debt of $1113.1M is 6.1× last year's operating cash flow — it would take years of cash flow to clear.
What growth is priced into VVX stock?
At today's market cap of $2.78B, V2X, Inc. is priced for free-cash-flow growth of about 5% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $170.07M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 23.3%/yr over the last five fiscal years and revenue 26.3%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 14 years of V2X, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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V2X, Inc. financial history by metric
Compare V2X, Inc. with peers
About V2X, Inc.
V2X, Inc. provides critical mission solutions and support services to defense customers internationally. It offers a suite of integrated solutions multi-domain impact readiness, integrated supply chain management, mission solutions, platform renewal and modernization, national security, defense, civilian, and international customers. The company was incorporated in 2014 and is headquartered in Reston, Virginia. V2X, Inc. is a subsidiary of Vertex Aerospace Holdco LLC.
V2X, Inc. — frequently asked questions
What is V2X, Inc.'s revenue?
V2X, Inc. (VVX) reported revenue of $4.48B for fiscal year 2025, up 3.7% from the prior year, according to its SEC filings.
Is V2X, Inc. profitable?
Yes. VVX earned net income of $77.88M in fiscal 2025, a net margin of 1.7%.
What is VVX's P/E ratio?
V2X, Inc. trades at a price-to-earnings ratio of about 31.8 based on the latest data in our nightly-refreshed cache.
How fast is V2X, Inc. growing?
VVX's revenue grew at roughly 26.3% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does V2X, Inc. have?
As of fiscal year 2025, VVX carried roughly $1.10B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is V2X, Inc.'s gross margin?
VVX's gross margin was 8.3% in fiscal 2025 — gross profit of $373.38M on revenue of $4.48B.
What is V2X, Inc.'s market cap?
V2X, Inc. (VVX) has a market capitalization of about $2.78B, based on the latest data in our nightly-refreshed cache.
When does V2X, Inc.'s fiscal year end?
VVX's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into VVX stock?
At today's market cap of $2.78B, V2X, Inc. is priced for free-cash-flow growth of about 5% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $170.07M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 23.3%/yr over the last five fiscal years and revenue 26.3%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from V2X, Inc.'s official SEC filings (10-K and 10-Q), covering 14 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.