V2X Reports Strong Fourth Quarter and Full-Year 2025 Financial Results

V2X, Inc. (NYSE: VVX) has announced its impressive financial results for the fourth quarter and full-year ending December 31, 2025. The company reported a substantial revenue of $1.22 billion, marking a 5% increase compared to the same period last year. Similarly, the total revenue for the year reached $4.48 billion, reflecting a growth of 4% year-over-year. This results-driven approach illustrates V2X's ability to maintain its upward trajectory in a challenging market environment.

In terms of profitability, the net income for the fourth quarter was reported at $22.8 million, while the adjusted net income increased to $49.3 million, representing a remarkable 16% growth year-over-year. The adjusted EBITDA also showcased strength, rising to $88.7 million with an EBITDA margin of 7.3%. Notably, the diluted earnings per share (EPS) for the fourth quarter stood at $0.72, with an increase in record adjusted diluted EPS to $1.56, which is a 17% rise from the previous year.

The full-year 2025 results mirrored the robust performance of the fourth quarter, culminating in a net income of $77.9 million and an adjusted net income rise to $166.8 million—a substantial 20% increase over 2024. The company's adjusted diluted EPS jumped by 21%, reaching $5.24 for the year, alongside a strong adjusted EBITDA figure of $323.3 million. This financial health is further demonstrated by a positive cash flow from operations totaling $182 million for the year.

Strategic Outlook and Future Guidance

As V2X looks forward to 2026, the outlook appears optimistic, with expectations of 6% revenue and adjusted EBITDA growth. The company aims to leverage its strategic investments and partnerships, which have positioned it favorably within national security priorities. Jeremy C. Wensinger, the company’s President and CEO, expressed confidence in continuing to meet customer demands by providing innovative solutions that enhance operational readiness.

Furthermore, V2X achieved a net debt reduction of $116 million, resulting in a net leverage ratio of 2.2x. The total backlog as of the end of the year stands at an impressive $11.1 billion, with a funded backlog of $2.3 billion, indicating significant business opportunities on the horizon.

The financial results reflect V2X's commitment to delivering value not only to its customers but also to its shareholders, as the company's capital structure continues to strengthen and become more resilient. The combination of excellent quarterly results with full-year achievements sets a solid foundation as V2X approaches the coming fiscal year with momentum.

Conclusion

In conclusion, V2X's fourth quarter and full-year 2025 results underscore a year of successful execution and strategic planning. With significant improvements in both revenue and profitability, coupled with a reduction in net debt, the company is positioning itself well for the challenges and opportunities of 2026 and beyond. With substantial investments in innovation and a strong team of approximately 16,200 professionals, V2X is well-equipped to meet the evolving demands of national security and deliver cutting-edge solutions in the integrated physical and digital landscape.

For more detailed information regarding V2X's financial performance, the company will conduct a conference call with analysts and investors on February 23, 2026, further outlining their strategic initiatives and growth objectives for the upcoming year.