Jun 2026 (Q2 FY26) — Aug 3, 2026
V2X Q2 FY26 — Double-Digit Growth Driven by Strategic Wins and AI Integration
Read the full callV2X earnings: last reported Mon, 3 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,257 | +16.5% YoY | Quarterly, as filed | Quarter to Jul 2026 | Revenue from operations as filed. |
| Operating margin | 4.3 | −0.6 pts YoY | Operating profit / revenue | Quarter to Jul 2026 | For the quarter; a change is in percentage points. |
| Net profit | 25.5 | +14.1% YoY | Quarterly, as filed | Quarter to Jul 2026 | Profit after tax as filed. |
Price
1Y: $56.24 on 17 Oct 2025 → $69.58. High $90.81 (12 Jun 2026), low $52.16 (20 Nov 2025).
Overview
Call summaries
V2X Q2 FY26 — Double-Digit Growth Driven by Strategic Wins and AI Integration
Read the full callEvery analysed call
Financials
Net profit, year on year: +14% (quarter to jul 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Apr 2026 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,082 | 1,158 | 1,016 | 1,078 | 1,167 | 1,219 | 1,254 | 1,257 |
| Operating profit | 50 | 52 | 34 | 53 | 56 | 51 | 44 | 54 |
| Operating margin | 4.6% | 4.5% | 3.4% | 4.9% | 4.8% | 4.2% | 3.5% | 4.3% |
| Profit before tax | 20 | 26 | 10 | 29 | 33 | 29 | 24 | 33 |
| Tax rate | 23.0% | 4.8% | 19.5% | 24.0% | 24.9% | 20.5% | 19.5% | 23.1% |
| Net profit | 15 | 25 | 8 | 22 | 25 | 23 | 19 | 26 |
| EPS ($ per share) | 0.48 | — | 0.26 | 0.71 | 0.78 | — | 0.61 | 0.82 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | 153 | 185 | 222 | 268 | 253 | 231 | 266 | 343 |
| Total liabilities | 351 | 378 | 539 | 539 | 2,236 | 2,091 | 2,203 | 2,188 |
| Fixed assets | 13 | 19 | 23 | 24 | 79 | 85 | 62 | 52 |
| Total assets | 572 | 636 | 844 | 889 | 3,233 | 3,082 | 3,229 | 3,272 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 40 | 28 | 64 | 61 | 93 | 188 | 254 | 182 |
| Cash from investing | -47 | -56 | -138 | -13 | 176 | -23 | -29 | -30 |
| Cash from financing | -3 | -2 | 106 | -76 | -193 | -211 | -24 | -51 |
| Net cash flow | -11 | -31 | 33 | -30 | 78 | -43 | 196 | 101 |
| Capital expenditure | -10 | -16 | -4 | -10 | -12 | -25 | -12 | -12 |
| Free cash flow | 30 | 11 | 60 | 52 | 81 | 163 | 242 | 170 |
61 filings between Nov 13, 2025 and Oct 9, 2026.
Purchases
None
No insider bought shares.
Sales
$421.82M
5 sales by 4 insiders
Also filed: 2 gifts.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| American Industrial Partners Capital Fund VI, L.P. | — | $297.37M | Mar 12, 2026 |
| Cusumano Dino M | — | $123.75M | Nov 13, 2025 |
| Parker Melvin | — | $407.1K | Aug 11, 2026 |
| Nance Jeremy John | — | $287.0K | Aug 14, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 9, 2026 | Mural Shawn Senior Vice President and CFO | Option exercise | 3,803 | — |
| Oct 9, 2026 | Mural Shawn Senior Vice President and CFO | Tax withheld | 1,716 | $122.6K |
| Aug 25, 2026 | PILLMORE ERIC M Director | Gift | 1,000 | $0 |
| Aug 14, 2026 | Nance Jeremy John SVP and General Counsel | Sale | 3,500 | $287.0K |
| Aug 11, 2026 | Parker Melvin Director | Sale | 5,000 | $407.1K |
| Jun 25, 2026 | WENSINGER JEREMY C President and CEO | Option exercise | 14,766 | — |
| Jun 25, 2026 | WENSINGER JEREMY C President and CEO | Tax withheld | 6,660 | $496.5K |
| May 14, 2026 | PILLMORE ERIC M Director | Gift | 2,200 | $0 |
| May 8, 2026 | Yeshoalul Melon SVP and CHRO | Option exercise | 1,545 | — |
| May 8, 2026 | Yeshoalul Melon SVP and CHRO | Tax withheld | 466 | $33.3K |
| May 7, 2026 | PILLMORE ERIC M Director | Option exercise | 3,254 | — |
| May 7, 2026 | Parker Melvin Director | Option exercise | 3,254 | — |
| May 7, 2026 | Fasano Gerard A Director | Option exercise | 838 | — |
| May 7, 2026 | WIDMAN PHILLIP Director | Option exercise | 3,254 | — |
| May 7, 2026 | Theophilus Nicole B Director | Option exercise | 838 | — |
| May 7, 2026 | HOWELL MARY L Director | Option exercise | 4,487 | — |
| May 7, 2026 | NIEBERGALL ROSS Director | Option exercise | 838 | — |
| May 7, 2026 | Farnsworth David E. Director | Option exercise | 1,948 | — |
| Mar 12, 2026 | American Industrial Partners Capital Fund VI, L.P. 10% owner | Sale | 2,545,432 | $173.62M |
| Mar 12, 2026 | WENSINGER JEREMY C President and CEO | Option exercise | 10,516 | — |
| Mar 12, 2026 | Mason Leon Roger Jr. Chief Growth Officer | Tax withheld | 1,564 | $109.3K |
| Mar 12, 2026 | Mason Leon Roger Jr. Chief Growth Officer | Option exercise | 4,469 | — |
| Mar 12, 2026 | Caputo Richard L. Jr. SVP, Aerospace Systems | Tax withheld | 385 | $26.9K |
| Mar 12, 2026 | Caputo Richard L. Jr. SVP, Aerospace Systems | Option exercise | 1,581 | — |
| Mar 12, 2026 | Mural Shawn Senior Vice President and CFO | Tax withheld | 1,505 | $105.2K |
| Mar 12, 2026 | Mural Shawn Senior Vice President and CFO | Option exercise | 3,335 | — |
| Mar 12, 2026 | Smith Michael James Corp. Dev., IR & Treasurer | Tax withheld | 487 | $34.0K |
| Mar 12, 2026 | Nance Jeremy John SVP and General Counsel | Option exercise | 1,805 | — |
| Mar 12, 2026 | WENSINGER JEREMY C President and CEO | Tax withheld | 4,743 | $331.6K |
| Mar 12, 2026 | Nance Jeremy John SVP and General Counsel | Tax withheld | 440 | $30.8K |
| Mar 12, 2026 | Smith Michael James Corp. Dev., IR & Treasurer | Option exercise | 1,616 | — |
| Mar 10, 2026 | Nance Jeremy John SVP and General Counsel | Option exercise | 1,354 | — |
| Mar 10, 2026 | Smith Michael James Corp. Dev., IR & Treasurer | Tax withheld | 414 | $29.7K |
| Mar 10, 2026 | Smith Michael James Corp. Dev., IR & Treasurer | Option exercise | 1,375 | — |
| Mar 10, 2026 | Nance Jeremy John SVP and General Counsel | Tax withheld | 330 | $23.7K |
| Mar 10, 2026 | Caputo Richard L. Jr. SVP, Aerospace Systems | Tax withheld | 310 | $22.3K |
| Mar 10, 2026 | Caputo Richard L. Jr. SVP, Aerospace Systems | Option exercise | 1,269 | — |
| Mar 6, 2026 | Smith Michael James Corp. Dev., IR & Treasurer | Option exercise | 1,744 | — |
| Mar 6, 2026 | Smith Michael James Corp. Dev., IR & Treasurer | Tax withheld | 525 | $37.6K |
| Mar 6, 2026 | Caputo Richard L. Jr. SVP, Aerospace Systems | Tax withheld | 272 | $19.5K |
| Mar 6, 2026 | Caputo Richard L. Jr. SVP, Aerospace Systems | Option exercise | 1,113 | — |
| Mar 6, 2026 | Nance Jeremy John SVP and General Counsel | Tax withheld | 290 | $20.7K |
| Mar 6, 2026 | Nance Jeremy John SVP and General Counsel | Option exercise | 1,187 | — |
| Mar 6, 2026 | Mural Shawn Senior Vice President and CFO | Tax withheld | 2,243 | $160.4K |
| Mar 6, 2026 | Mural Shawn Senior Vice President and CFO | Option exercise | 4,972 | — |
| Feb 25, 2026 | Mural Shawn Senior Vice President and CFO | Tax withheld | 419 | $28.7K |
| Feb 25, 2026 | Mural Shawn Senior Vice President and CFO | Option exercise | 1,390 | — |
| Feb 25, 2026 | Smith Michael James Corp. Dev., IR & Treasurer | Tax withheld | 388 | $26.6K |
| Feb 25, 2026 | Smith Michael James Corp. Dev., IR & Treasurer | Option exercise | 1,094 | — |
| Feb 25, 2026 | Smith Michael James Corp. Dev., IR & Treasurer | Tax withheld | 273 | $18.7K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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