Vse (VSEC) Operating Expenses (2010 - 2026)
Vse (VSEC) posted Operating Expenses of $291.8 million for Q1 2026, up 8.61% sequentially from $268.7 million in Q4 2025, and up 26.04% YoY from $231.5 million in Q1 2025.
Vse (VSEC) Operating Expenses (2010 - 2026) Analysis & Trends
Vse has reported Operating Expenses for 17 years, with the latest figure at $291.8 million in Q1 2026.
- Quarterly Operating Expenses rose 26.04% year-over-year to $291.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 33.32% YoY) and the FY2025 annual result came in at $1.0 billion, up 40.57% from the prior year.
- Operating Expenses improved to $291.8 million in Q1 2026 per VSEC's latest filing, from $268.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $291.8 million in Q1 2026 and troughed at -$68.6 million in Q4 2023.
- A 5-year average of $189.6 million and a median of $190.2 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 440.68% in 2022, then sank 143.97% in 2023.
- Over 5 years, Operating Expenses stood at $156.0 million in 2022, then tumbled by 143.97% to -$68.6 million in 2023, then jumped by 401.65% to $207.0 million in 2024, then rose by 29.82% to $268.7 million in 2025, then rose by 8.61% to $291.8 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $291.8 million, $268.7 million, and $272.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 10.86 Bn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 156.00 Mn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 332.00 Mn |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 848.00 Mn |
| 10 | Vse | 6.63 Bn | 6.56 Bn | 243.53 Mn | 400.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 400.18 Mn |
| Mar 31, 2026 | 291.83 Mn |
| Dec 31, 2025 | 268.69 Mn |
| Sep 30, 2025 | 272.82 Mn |
| Jun 30, 2025 | 249.63 Mn |
| Mar 31, 2025 | 231.54 Mn |
| Dec 31, 2024 | 206.96 Mn |
| Sep 30, 2024 | 183.57 Mn |
| Jun 30, 2024 | 190.23 Mn |
| Mar 31, 2024 | 146.74 Mn |
| Dec 31, 2023 | -68.61 Mn |
| Sep 30, 2023 | 206.09 Mn |
| Jun 30, 2023 | 184.59 Mn |
| Mar 31, 2023 | 171.81 Mn |
| Dec 31, 2022 | 156.05 Mn |
| Sep 30, 2022 | 152.27 Mn |
| Jun 30, 2022 | 159.23 Mn |
| Mar 31, 2022 | 219.33 Mn |
| Dec 31, 2021 | -45.81 Mn |
| Sep 30, 2021 | 186.69 Mn |