VSE Corporation (VSEC) Releases Q4 2025 Earnings: Modest Revenue Beat but EPS Miss

VSE Corporation (VSEC) reported fourth-quarter 2025 revenue of $301.2 million (down 42.2% year-over-year), compared with an expected $295.3 million.

Gross profit: $46.9 million (down 12.7% year-over-year).

Operating profit: $32.5 million (down 25.2% year-over-year).

Cost of sales: $254.3 million (down 45.6% year-over-year).

Net income attributable to common shareholders: $13.6 million (up 3.9% year-over-year).

Diluted earnings per share: -$0.95 (down 178.5% year-over-year) versus an estimate of $0.91.

Cash-flow and balance-sheet items highlighted a stronger liquidity position alongside continued operational declines:

Cash from operating activities: $37.6 million (down 32.0% year-over-year).

Purchases of property, plant and equipment (capital spending): $6.8 million (up 107.3% year-over-year).

Cash and cash equivalents: $69.4 million (up 135.1% year-over-year).

Total liabilities: $589.8 million (down 21.8% year-over-year).

In short, VSE (VSEC) posted a modest revenue beat but a steep decline in top-line activity; net income rose slightly while per-share earnings swung negative, and the balance sheet shows a stronger cash position with lower liabilities.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

VSE Corporation Hedge Fund Activity

We have seen 169 institutional investors add shares of VSE Corporation stock to their portfolio, and 118 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 2,189,029 shares (-87.1%) from their portfolio in Q4 2025, for an estimated $378,198,540
INVESCO LTD. added 414,064 shares (+431.1%) to their portfolio in Q4 2025, for an estimated $71,537,837
CAPITAL WORLD INVESTORS added 297,447 shares (+89.1%) to their portfolio in Q4 2025, for an estimated $51,389,918
BLACKROCK, INC. added 265,757 shares (+15.2%) to their portfolio in Q4 2025, for an estimated $45,914,836
DENDUR CAPITAL LP added 252,000 shares (+inf%) to their portfolio in Q4 2025, for an estimated $43,538,040
DRIEHAUS CAPITAL MANAGEMENT LLC added 182,544 shares (+54.1%) to their portfolio in Q4 2025, for an estimated $31,538,126
STATE STREET CORP added 180,809 shares (+24.4%) to their portfolio in Q4 2025, for an estimated $31,238,370

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

VSE Corporation Government Contracts

We have seen $19,984,707 of award payments to $VSEC over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

PM, MECHANICS, OPERATORS, GFP MGRS (PMC): $11,598,534
KC-46 SUPPORT EQUIPMENT (KSE) FOPR4 - V2X: $4,211,800
THE GOVERNMENT REQUIRES ANALYTICAL, TECHNICAL AND MANAGEMENT SUPPORT SERVICES FOR INDUSTRIAL REVITALIZATION...: $1,225,385
8511628104!AIR SPRING,VEHICULAR: $398,295
SERVICES TO DEVELOP, REVISE, AND ADAPT TRAINING MATERIALS FOR ASSISTIVE TECHNOLOGIES (AT) FOR EMPLOYEES WIT...: $275,000

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

VSE Corporation Congressional Stock Trading

Members of Congress have traded $VSEC stock 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $VSEC stock by members of Congress over the last 6 months:

SENATOR MARKWAYNE MULLIN has traded it 2 times. They made 2 purchases worth up to $100,000 on 01/05 and 0 sales.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

VSE Corporation Analyst Ratings

Wall Street analysts have issued reports on $VSEC in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

B. Riley Securities issued a "Buy" rating on 02/02/2026
Stifel issued a "Buy" rating on 01/30/2026
Citigroup issued a "Buy" rating on 01/13/2026
RBC Capital issued a "Outperform" rating on 10/29/2025
Wolfe Research issued a "Outperform" rating on 09/29/2025

To track analyst ratings and price targets for VSE Corporation, check out Quiver Quantitative's $VSEC forecast page.

VSE Corporation Price Targets

Multiple analysts have issued price targets for $VSEC recently. We have seen 7 analysts offer price targets for $VSEC in the last 6 months, with a median target of $233.0.

Here are some recent targets:

Ken Herbert from RBC Capital set a target price of $250.0 on 02/27/2026
Jeff Van Sinderen from B. Riley Securities set a target price of $258.0 on 02/02/2026
Bert Subin from Stifel set a target price of $250.0 on 01/30/2026
John Godyn from Citigroup set a target price of $233.0 on 01/13/2026
Michael Ciarmoli from Truist Securities set a target price of $201.0 on 10/29/2025
Scott Deuschle from Deutsche Bank set a target price of $195.0 on 10/17/2025
Louis Raffetto from Wolfe Research set a target price of $190.0 on 09/29/2025