V2X (NYSE:VVX) Posts Quarterly Earnings Results, Beats Expectations By $0.29 EPS

V2X (NYSE:VVX) released its quarterly earnings data on Monday. The company reported $1.53 EPS for the quarter, beating the consensus estimate of $1.24 by $0.29, FiscalAI reports. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.13 billion. V2X had a net margin of 1.74% and a return on equity of 15.64%. The business’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.98 EPS. V2X updated its FY 2026 guidance to 5.750-6.150 EPS.

Here are the key takeaways from V2X’s conference call:

• Revenue rose 23% year-over-year to $1.254 billion and Adjusted Diluted EPS increased 55% to $1.53, with Adjusted EBITDA of $85.6 million (6.8% margin), signaling strong organic growth and profitability improvement.
• Quarterly bookings were ~$4.1 billion across ~50 awards (including a $3.3 billion T-6 award), producing a record backlog of $13.8 billion, a Q1 book-to-bill of 3.2x and roughly 94% revenue visibility from backlog.
• Management raised 2026 guidance to revenue of $4.825–4.975 billion, Adjusted EBITDA of $345–360 million, Adjusted diluted EPS of $5.75–6.15, and adjusted operating cash flow of $160–180 million, reflecting increased confidence in the year.
• The company is accelerating innovation with three enterprise AI platforms and an AI-enabled aerospace sustainment prototype built with partners like Google, NVIDIA, and Tactile, aimed at boosting productivity and creating new customer offerings.
• Near-term financial headwinds include a $22.1 million use of operating cash in Q1, ~$12 million of nonrecurring professional fees that increased SG&A, and first-quarter interest expense of ~$18.1 million, though management expects cash flow and leverage to improve through 2026.

V2X Stock Performance

VVX opened at $67.86 on Tuesday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a fifty day moving average price of $68.59 and a 200 day moving average price of $62.81. V2X has a 1 year low of $43.42 and a 1 year high of $75.00. The stock has a market cap of $2.12 billion, a P/E ratio of 27.81, a P/E/G ratio of 0.57 and a beta of 0.12.

Insider Activity

In related news, major shareholder American Industrial Partners C sold 2,545,432 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $68.21, for a total value of $173,623,916.72. Following the completion of the transaction, the insider directly owned 2,004,569 shares in the company, valued at $136,731,651.49. The trade was a 55.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.99% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On V2X

A number of large investors have recently added to or reduced their stakes in the stock. Vident Advisory LLC raised its position in V2X by 2.5% during the fourth quarter. Vident Advisory LLC now owns 10,778 shares of the company’s stock worth $588,000 after acquiring an additional 261 shares during the period. EP Wealth Advisors LLC acquired a new position in V2X during the fourth quarter worth $240,000. Mackenzie Financial Corp raised its position in V2X by 24.1% during the fourth quarter. Mackenzie Financial Corp now owns 18,378 shares of the company’s stock worth $1,014,000 after acquiring an additional 3,569 shares during the period. Empowered Funds LLC raised its position in V2X by 10.8% during the fourth quarter. Empowered Funds LLC now owns 144,008 shares of the company’s stock worth $7,856,000 after acquiring an additional 14,084 shares during the period. Finally, XTX Topco Ltd acquired a new position in V2X during the fourth quarter worth $315,000. 95.18% of the stock is currently owned by institutional investors and hedge funds.

V2X News Roundup

Here are the key news stories impacting V2X this week:

• Positive Sentiment: Q1 beats — Adjusted EPS of $1.53 topped estimates and revenue of $1.25B (+23% YoY) beat consensus, showing stronger-than-expected near-term performance. Read More.
• Positive Sentiment: Raised full-year guidance — FY2026 EPS guidance of $5.75–$6.15 and revenue guide ~$4.8B–$5.0B (midpoint above recent analyst consensus) signals management confidence in growth for the year. Read More.
• Positive Sentiment: Record backlog and strong bookings — Backlog hit $13.8B and the quarter showed a 3.2x book-to-bill, supporting multi-quarter revenue visibility and the raised guidance. Read More.
• Neutral Sentiment: Management commentary / call color — The earnings call emphasized robust growth and backlog conversion; full call/transcript and slide deck are available for investors to review specifics on bookings and execution. Read More.
• Neutral Sentiment: Investor materials posted — Conference call recording and slide deck released, useful for detailed modeling of revenue cadence and margin assumptions. Read More.
• Negative Sentiment: GAAP profit and margins remain thin — Reported net income was $18.9M with a net margin of ~1.7% and GAAP diluted EPS of $0.60 (vs adjusted $1.53), highlighting sizable adjustments and current low GAAP profitability; debt-to-equity (~1.0) may also concern some investors. Read More.

Wall Street Analyst Weigh In

Several analysts have recently commented on VVX shares. Robert W. Baird set a $94.00 price objective on shares of V2X in a report on Tuesday, February 24th. BTIG Research reiterated a “buy” rating and issued a $90.00 target price on shares of V2X in a research note on Tuesday. Weiss Ratings upgraded shares of V2X from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. Royal Bank Of Canada boosted their target price on shares of V2X from $60.00 to $70.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 24th. Finally, Morgan Stanley began coverage on shares of V2X in a research note on Thursday, April 16th. They issued an “equal weight” rating and a $74.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $75.10.

About V2X

V2X, Inc provides critical mission solutions and support services to defense clients worldwide. It offers a suite of integrated solutions across the operations and logistics, aerospace, training, and technology markets to national security, defense, civilian, and international clients. The company was incorporated in 2014 and is headquartered in Mclean, Virginia.