V2X Q2 revenue beats estimates; outlook raised

V2X

03/08/2026 21:13

Overview
U.S. defense solutions provider's Q2 revenue grew 17% yr/yr, beating analyst expectations
Adjusted EPS for Q2 rose 23% yr/yr, beating analyst expectations
Company raised full-year 2026 guidance for revenue, adjusted EBITDA, and adjusted EPS

Outlook
V2X raises 2026 revenue guidance to $4.88 bln-$5.03 bln from $4.83 bln-$4.98 bln
Company lifts 2026 adjusted EBITDA outlook to $347.5 mln-$362.5 mln from $345 mln-$360 mln
V2X now sees 2026 adjusted diluted EPS at $5.90-$6.30, up from $5.75-$6.15

Result Drivers
ROBUST DEMAND - Co said strong demand for differentiated capabilities and alignment to national security priorities drove Q2 results, per CEO Jeremy C. Wensinger
RECENT CONTRACT AWARDS - Co said recent awards across modernization, global training, aerospace and mission readiness reinforced value of solutions and supported growth
PRIME CONTRACTOR PERFORMANCE - Co reported 19.7% yr/yr revenue growth as prime contractor, supporting overall topline increase

Company press release: ID:nPn2zt0fSa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.26 bln
$1.21 bln (11 Analysts)
Q2 Adjusted EPS
Beat
$1.64
$1.36 (9 Analysts)
Q2 EPS
 
$0.81
 
Q2 Adjusted EBITDA
Beat
$89.80 mln
$86.002 mln (11 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the aerospace & defense peer group is "buy"
Wall Street's median 12-month price target for V2X Inc is $80.00, about 11.3% below its July 31 closing price of $90.24
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago

Reuters Recommended Reads
Aug 3 - US signs deal to boost Patriot and THAAD missile parts production
Aug 3 - Denmark begins extended military conscription in response to Russia, Trump
July 31 - North Korea says NATO fuel plan shows alliance preparing for war

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)