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