V2X Posts 9% Revenue Gain in Third Quarter 2026
V2X reported Q3 2026 revenue of $1.27 billion and net income of $32 million, reflecting strong year-over-year growth across key metrics.
Defense and government services contractor V2X recorded third-quarter 2026 revenue of $1.27 billion, a 9% increase compared with the same period a year earlier, the company announced in its latest earnings release.
Net income climbed 30% year-over-year to $32.0 million, while adjusted net income rose 19% to $51.7 million. Diluted earnings per share came in at $1.01, also up from the prior-year quarter, signaling broad-based profitability improvement across the business.
Read more Al Jaber, Altman Align on Energy and AI at ADIPEC Opening →
Adjusted EBITDA reached $88.6 million for the quarter, with an adjusted EBITDA margin of 7.0%. The margin figure reflects the company's ongoing effort to balance top-line expansion with cost discipline in a competitive government contracting environment.
The double-digit net income growth outpacing revenue growth suggests V2X achieved meaningful operating leverage during the period — a metric closely watched by analysts evaluating defense service contractors amid shifting federal budget priorities.
Continue reading at All Financial Services & Investing.