Vse (VSEC) Gross Margin (2010 - 2026)

Vse has disclosed Gross Margin across 17 years of filings, most recently posting 65.4% for Q1 2026.

• Gross Margin for Q1 2026 came in at 65.4%, down 92.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 47.83% (up 94.0% YoY), and the FY2025 annual result was 46.96%, down 155.0% from the prior year.
• Gross Margin came in at 65.4% for Q1 2026 at Vse, up from 6.07% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 714.27% in Q4 2023 to a low of 145.48% in Q4 2022.
• The 5-year median for Gross Margin is 49.89% (2024), against an average of 73.33%.
• Across the five-year window, Gross Margin soared 85975 bps in 2023 and slumped 70548 bps in 2024, its largest moves.
• Vse's Gross Margin stood at 145.48% in 2022, then soared by 591 bps to 714.27% in 2023, then tumbled by 99 bps to 8.79% in 2024, then sank by 169 bps to 6.07% in 2025, then surged by 1178 bps to 65.4% in 2026.
• The last three Gross Margin figures came in at 65.4% (Q1 2026), 6.07% (Q4 2025), and 66.6% (Q3 2025), per Business Quant data.