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 (VSEC) has 17 years of Operating Expenses data on file, last reported 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.
  • The five-year high for Operating Expenses was $291.8 million in Q1 2026, with the low at -$68.6 million in Q4 2023.
  • Average Operating Expenses over 5 years is $189.6 million, with a median of $190.2 million recorded in 2024.
  • Year-over-year, Operating Expenses soared 440.68% in 2022 and tumbled 143.97% in 2023.
  • Vse's Operating Expenses stood at $156.0 million in 2022, then plunged by 143.97% to -$68.6 million in 2023, then surged by 401.65% to $207.0 million in 2024, then gained by 29.82% to $268.7 million in 2025, then gained by 8.61% to $291.8 million in 2026.
  • Business Quant data shows VSEC's Operating Expenses at $291.8 million in Q1 2026, $268.7 million in Q4 2025, and $272.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 2.10 Bn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 19.59 Bn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 12.06 Bn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn -
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 120.00 Mn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 273.00 Mn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 8.89 Bn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 132.46 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 750.00 Mn
10 Vse 6.29 Bn 5.05 Bn 212.29 Mn 291.83 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 187.83 Mn