Vse (VSEC) Cost of Revenue (2010 - 2026)

Vse (VSEC) posted Cost of Revenue of $112.3 million for Q1 2026, down 64.85% sequentially from $319.5 million in Q4 2025, and up 30.22% YoY from $86.2 million in Q1 2025.

Vse (VSEC) Cost of Revenue (2010 - 2026) Analysis & Trends

Vse (VSEC) has 17 years of Cost of Revenue data on file, last reported at $112.3 million in Q1 2026.

  • Quarterly Cost of Revenue rose 30.22% year-over-year to $112.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $616.0 million (up 31.83% YoY) and the FY2025 annual result came in at $590.0 million, up 45.72% from the prior year.
  • Cost of Revenue eased to $112.3 million in Q1 2026 per VSEC's latest filing, from $319.5 million in the prior quarter.
  • The five-year high for Cost of Revenue was $422.2 million in Q4 2022, with the low at -$297.9 million in Q4 2023.
  • Average Cost of Revenue over 5 years is $115.9 million, with a median of $96.6 million recorded in 2024.
  • Year-over-year, Cost of Revenue jumped 366.74% in 2022 and tumbled 170.56% in 2023.
  • Vse's Cost of Revenue stood at $422.2 million in 2022, then plunged by 170.56% to -$297.9 million in 2023, then soared by 169.62% to $207.4 million in 2024, then jumped by 54.01% to $319.5 million in 2025, then tumbled by 64.85% to $112.3 million in 2026.
  • Business Quant data shows VSEC's Cost of Revenue at $112.3 million in Q1 2026, $319.5 million in Q4 2025, and $94.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 19.67 Bn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 13.00 Bn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 4.40 Bn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 15.94 Bn
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 1.46 Bn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 1.03 Bn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 6.43 Bn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 123.86 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 4.34 Bn
10 Vse 6.29 Bn 5.05 Bn 212.29 Mn 112.29 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 112.29 Mn
Mar 31, 2026 112.29 Mn
Dec 31, 2025 319.45 Mn
Dec 31, 2025 319.45 Mn
Sep 30, 2025 94.49 Mn
Sep 30, 2025 94.49 Mn
Jun 30, 2025 89.80 Mn
Jun 30, 2025 89.80 Mn
Mar 31, 2025 86.23 Mn
Mar 31, 2025 86.23 Mn
Dec 31, 2024 207.42 Mn
Dec 31, 2024 207.42 Mn
Sep 30, 2024 77.02 Mn
Sep 30, 2024 77.02 Mn
Jun 30, 2024 96.62 Mn
Jun 30, 2024 96.62 Mn
Mar 31, 2024 92.66 Mn
Mar 31, 2024 92.66 Mn
Dec 31, 2023 -297.92 Mn
Dec 31, 2023 -297.92 Mn