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| Date | Value |
|---|---|
| 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 |