Vse (VSEC) Operating Expenses (2010 - 2026)
Vse recorded quarterly Operating Expenses of $291.8 million in Q1 2026, up 8.61% quarter-over-quarter from $268.7 million in Q4 2025, and up 26.04% year-over-year from $231.5 million in Q1 2025.
Vse's Operating Expenses history runs 17 years deep, the most recent figure standing at $291.8 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 26.04% year-over-year to $291.8 million; the TTM figure through Mar 2026 stood at $1.1 billion (up 33.32% YoY), while the FY2025 annual figure was $1.0 billion, up 40.57% from the prior year.
- Operating Expenses came in at $291.8 million for Q1 2026 at Vse, up from $268.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $291.8 million in Q1 2026 to a low of -$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.
- Across the five-year window, Operating Expenses soared 440.68% in 2022 and plunged 143.97% in 2023, its largest moves.
- Vse's Operating Expenses stood at $156.0 million in 2022, then slumped by 143.97% to -$68.6 million in 2023, then soared by 401.65% to $207.0 million in 2024, then increased by 29.82% to $268.7 million in 2025, then increased 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | 10.18 Bn |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 19.59 Bn |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 2.10 Bn |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 120.00 Mn |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 12.06 Bn |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | 132.46 Mn |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 8.89 Bn |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 273.00 Mn |
| 10 | Vse | 4.73 Bn | 3.49 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 |
| Mar 31, 2021 | 155.38 Mn |
| Dec 31, 2020 | 138.11 Mn |
| Sep 30, 2020 | 151.32 Mn |
| Jun 30, 2020 | 156.21 Mn |
| Mar 31, 2020 | 161.26 Mn |
| Dec 31, 2019 | 180.46 Mn |
| Sep 30, 2019 | 181.11 Mn |
| Jun 30, 2019 | 172.70 Mn |
| Mar 31, 2019 | 158.11 Mn |
| Dec 31, 2018 | 167.91 Mn |
| Sep 30, 2018 | 154.93 Mn |
| Jun 30, 2018 | 156.54 Mn |
| Mar 31, 2018 | 165.30 Mn |
| Dec 31, 2017 | 181.91 Mn |
| Sep 30, 2017 | 161.93 Mn |
| Jun 30, 2017 | 178.86 Mn |
| Mar 31, 2017 | 183.10 Mn |
| Dec 31, 2016 | 201.62 Mn |
| Sep 30, 2016 | 159.16 Mn |
| Jun 30, 2016 | 148.59 Mn |
| Mar 31, 2016 | 130.90 Mn |
| Dec 31, 2015 | 670,000.00 |
| Sep 30, 2015 | 124.15 Mn |
| Jun 30, 2015 | 119.63 Mn |
| Mar 31, 2015 | 110.11 Mn |
| Dec 31, 2014 | 1.74 Mn |
| Sep 30, 2014 | 1.18 Mn |
| Jun 30, 2014 | 778,000.00 |
| Mar 31, 2014 | 441,000.00 |
| Dec 31, 2013 | 1.46 Mn |
| Sep 30, 2013 | 583,000.00 |
| Jun 30, 2013 | 806,000.00 |
| Mar 31, 2013 | 432,000.00 |
| Dec 31, 2012 | 895,000.00 |
| Sep 30, 2012 | 1.15 Mn |
| Jun 30, 2012 | 1.38 Mn |
| Mar 31, 2012 | 548,000.00 |
| Dec 31, 2011 | 1.24 Mn |
| Sep 30, 2011 | 1.22 Mn |
| Jun 30, 2011 | 1.93 Mn |
| Mar 31, 2011 | 821,000.00 |
| Dec 31, 2010 | 382,000.00 |
| Sep 30, 2010 | 850,000.00 |