V2X (VVX) Operating Expenses (2013 - 2026)
V2X's (VVX) quarterly Operating Expenses came in at $55.7 million in Q3 2026, up 30.15% on a YoY basis from $42.8 million in Q3 2025, and down 9.78% quarter-over-quarter from $61.7 million in Q2 2026.
Analysis
V2X (VVX) Operating Expenses (2013 - 2026) Analysis & Trends
V2X (VVX) has reported Operating Expenses for 14 consecutive years, with $55.7 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Operating Expenses rose 30.15% year-over-year to $55.7 million; the trailing twelve-month figure through Jul 2026 stood at $209.9 million (up 14.09% YoY), and the FY2025 full-year result was $179.1 million, down 2.53% from the prior year.
- Operating Expenses eased to $55.7 million in Q3 2026 per VVX's latest filing, from $61.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $92.6 million in Q3 2022 and bottomed at $29.7 million in Q3 2022.
- Historically, Operating Expenses has averaged $51.7 million across 5 years, with a median of $48.9 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 297.78% in 2022, then sank 46.39% in 2023.
- Over 5 years, Operating Expenses stood at $84.9 million in 2022, then tumbled by 30.05% to $59.4 million in 2023, then decreased by 5.99% to $55.9 million in 2024, then declined by 3.9% to $53.7 million in 2025, then increased by 3.76% to $55.7 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $55.7 million, $61.7 million, and $53.7 million for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 122.01 Bn | 118.22 Bn | 2.45 Bn | - |
| 2 | General Dynamics | 95.71 Bn | 91.37 Bn | 6.76 Bn | 12.63 Bn |
| 3 | Motorola Solutions | 76.80 Bn | 76.09 Bn | 1.68 Bn | 756.00 Mn |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn | 9.78 Bn |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn | 848.00 Mn |
| 6 | Elbit Systems | 33.11 Bn | 32.15 Bn | 579.01 Mn | 360.21 Mn |
| 7 | Teledyne Technologies | 27.62 Bn | 27.28 Bn | 738.10 Mn | 1.33 Bn |
| 8 | Curtiss Wright | 20.67 Bn | 20.19 Bn | 364.09 Mn | 139.39 Mn |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn | 310.00 Mn |
| 10 | V2X | 2.27 Bn | 2.06 Bn | 109.50 Mn | 55.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 55.69 Mn |
| 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 |