Vse (VSEC) Cost of Revenue (2010 - 2026)
Vse's (VSEC) quarterly Cost of Revenue came in at $205.6 million in Q2 2026, up 41.96% year-over-year from $144.8 million in Q2 2025, and up 25.15% quarter-over-quarter from $164.3 million in Q1 2026.
Analysis
Vse (VSEC) Cost of Revenue (2010 - 2026) Analysis & Trends
Vse has disclosed Cost of Revenue across 17 years of filings, most recently posting $205.6 million for Q2 2026.
- In Q2 2026, Cost of Revenue rose 41.96% year-over-year to $205.6 million; the TTM figure through Jun 2026 stood at $678.2 million (up 36.37% YoY), while the FY2025 annual figure was $590.0 million, up 45.72% from the prior year.
- Cost of Revenue came in at $205.6 million for Q2 2026 at Vse, up from $164.3 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $205.6 million in Q2 2026 to a low of -$112.5 million in Q4 2023.
- Average Cost of Revenue over 5 years is $121.8 million, with a median of $132.4 million recorded in 2022.
- Year-over-year, Cost of Revenue slumped 190.99% in 2023 and soared 202.85% in 2024.
- Over 5 years, Cost of Revenue stood at $123.6 million in 2022, then tumbled by 190.99% to -$112.5 million in 2023, then soared by 202.85% to $115.7 million in 2024, then jumped by 38.79% to $160.6 million in 2025, then climbed by 28.03% to $205.6 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $205.6 million in Q2 2026, $164.3 million in Q1 2026, and $160.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Rtx | 267.14 Bn | 258.84 Bn | 9.91 Bn | 14.80 Bn |
| 2 | Boeing | 163.65 Bn | 143.63 Bn | 2.41 Bn | 22.15 Bn |
| 3 | Howmet Aerospace | 93.36 Bn | 92.80 Bn | 951.00 Mn | 1.60 Bn |
| 4 | Honeywell International | 65.01 Bn | 55.81 Bn | 3.65 Bn | 6.07 Bn |
| 5 | TransDigm | 64.58 Bn | 61.80 Bn | 1.63 Bn | 1.11 Bn |
| 6 | Heico | 43.72 Bn | 43.48 Bn | 580.99 Mn | 832.06 Mn |
| 7 | AerCap Holdings | 24.34 Bn | 24.34 Bn | - | - |
| 8 | Woodward | 20.10 Bn | 19.62 Bn | 349.91 Mn | 759.80 Mn |
| 9 | FTAI Aviation | 19.00 Bn | 18.66 Bn | 317.30 Mn | 635.78 Mn |
| 10 | Vse | 6.12 Bn | 6.04 Bn | 243.53 Mn | 205.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 205.61 Mn |
| Mar 31, 2026 | 164.29 Mn |
| Dec 31, 2025 | 160.59 Mn |
| Sep 30, 2025 | 147.68 Mn |
| Jun 30, 2025 | 144.83 Mn |
| Mar 31, 2025 | 136.87 Mn |
| Dec 31, 2024 | 115.70 Mn |
| Sep 30, 2024 | 99.89 Mn |
| Jun 30, 2024 | 96.62 Mn |
| Mar 31, 2024 | 92.66 Mn |
| Dec 31, 2023 | -112.50 Mn |
| Sep 30, 2023 | 160.33 Mn |
| Jun 30, 2023 | 147.14 Mn |
| Mar 31, 2023 | 135.25 Mn |
| Dec 31, 2022 | 123.63 Mn |
| Sep 30, 2022 | 121.62 Mn |
| Jun 30, 2022 | 129.62 Mn |
| Mar 31, 2022 | 122.46 Mn |
| Dec 31, 2021 | 108.98 Mn |
| Sep 30, 2021 | 101.04 Mn |