V2X (VVX) Operating Expenses (2013 - 2026)
V2X (VVX) reported Operating Expenses of $61.7 million for Q2 2026, up 40.92% on a YoY basis from $43.8 million in Q2 2025, and up 15.0% quarter-over-quarter from $53.7 million in Q4 2025.
V2X (VVX) Operating Expenses (2013 - 2026) Analysis & Trends
V2X has reported Operating Expenses for 14 years, with the latest figure at $61.7 million in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 40.92% year-over-year to $61.7 million; the trailing twelve-month figure through Apr 2026 stood at $197.0 million (up 5.02% YoY), and the FY2025 full-year result was $179.1 million, down 2.53% from the prior year.
- Operating Expenses for Q2 2026 stood at $61.7 million, up from $53.7 million in the prior quarter.
- The five-year high for Operating Expenses was $92.6 million in Q3 2022, with the low at $29.7 million in Q3 2022.
- Historically, Operating Expenses has averaged $51.4 million across 5 years, with a median of $48.3 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 297.78% — and 2023, when it plunged 46.39%.
- V2X's Operating Expenses stood at $84.9 million in 2022, then sank by 30.05% to $59.4 million in 2023, then fell by 5.99% to $55.9 million in 2024, then slipped by 3.9% to $53.7 million in 2025, then rose by 15.0% to $61.7 million in 2026.
- The last three Operating Expenses figures came in at $61.7 million (Q2 2026), $53.7 million (Q4 2025), and $38.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | 1.85 Mn |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 10.18 Bn |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 19.59 Bn |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 2.10 Bn |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | - |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 120.00 Mn |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 12.06 Bn |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 8.89 Bn |
| 10 | V2X | 2.74 Bn | 2.53 Bn | 105.82 Mn | 61.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 61.73 Mn |
| Dec 31, 2025 | 53.68 Mn |
| Sep 26, 2025 | 38.84 Mn |
| Jun 27, 2025 | 42.79 Mn |
| Mar 28, 2025 | 43.81 Mn |
| Dec 31, 2024 | 55.86 Mn |
| Sep 27, 2024 | 41.55 Mn |
| Jun 28, 2024 | 46.41 Mn |
| Mar 29, 2024 | 39.94 Mn |
| Dec 31, 2023 | 59.42 Mn |
| Sep 29, 2023 | 49.64 Mn |
| Jun 30, 2023 | 53.13 Mn |
| Mar 31, 2023 | 48.25 Mn |
| Dec 31, 2022 | 84.95 Mn |
| Sep 30, 2022 | 92.60 Mn |
| Jul 1, 2022 | 29.74 Mn |
| Apr 1, 2022 | 31.96 Mn |
| Dec 31, 2021 | 21.36 Mn |
| Oct 1, 2021 | 27.62 Mn |
| Jul 2, 2021 | 25.61 Mn |