VSE (VSEC) Revenue & Revenue Breakdown
VSE Revenue Highlights
Latest Revenue (Y)
$860.49M
Latest Revenue (Q)
$265.96M
Main Segment (Y)
Product
Main Geography (Y)
UNITED STATES
VSE Revenue by Period
VSE Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $860.49M | -9.40% |
| 2022-12-31 | $949.76M | 26.49% |
| 2021-12-31 | $750.85M | 13.48% |
| 2020-12-31 | $661.66M | -12.09% |
| 2019-12-31 | $752.63M | 7.95% |
| 2018-12-31 | $697.22M | -8.27% |
| 2017-12-31 | $760.11M | 9.88% |
| 2016-12-31 | $691.79M | 29.55% |
| 2015-12-31 | $533.98M | 25.92% |
| 2014-12-31 | $424.07M | -10.09% |
| 2013-12-31 | $471.64M | -13.74% |
| 2012-12-31 | $546.75M | -11.61% |
| 2011-12-31 | $618.59M | -28.57% |
| 2010-12-31 | $866.04M | -14.65% |
| 2009-12-31 | $1.01B | -2.79% |
| 2008-12-31 | $1.04B | 59.80% |
| 2007-12-31 | $653.16M | 79.57% |
| 2006-12-31 | $363.73M | 29.84% |
| 2005-12-31 | $280.14M | 29.69% |
| 2004-12-31 | $216.01M | 60.65% |
| 2003-12-31 | $134.46M | 0.06% |
| 2002-12-31 | $134.38M | 20.44% |
| 2001-12-31 | $111.57M | -8.75% |
| 2000-12-31 | $122.27M | -22.32% |
| 1999-12-31 | $157.40M | -12.65% |
| 1998-12-31 | $180.20M | 15.59% |
| 1997-12-31 | $155.90M | 29.81% |
| 1996-12-31 | $120.10M | 59.92% |
| 1995-12-31 | $75.10M | 14.48% |
| 1994-12-31 | $65.60M | -17.59% |
| 1993-12-31 | $79.60M | - |
VSE generated $860.49M in revenue during NA 2023, up -9.40% compared to the previous quarter, and up 123.42% compared to the same period a year ago.
VSE Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $265.96M | 10.11% |
| 2024-03-31 | $241.54M | 2.64% |
| 2023-12-31 | $235.32M | 1.72% |
| 2023-09-30 | $231.35M | 12.73% |
| 2023-06-30 | $205.22M | -19.66% |
| 2023-03-31 | $255.43M | 9.01% |
| 2022-12-31 | $234.32M | -3.37% |
| 2022-09-30 | $242.49M | 0.32% |
| 2022-06-30 | $241.71M | 4.53% |
| 2022-03-31 | $231.24M | 10.02% |
| 2021-12-31 | $210.18M | 4.78% |
| 2021-09-30 | $200.58M | 14.54% |
| 2021-06-30 | $175.11M | 6.14% |
| 2021-03-31 | $164.98M | 9.97% |
| 2020-12-31 | $150.02M | -9.36% |
| 2020-09-30 | $165.50M | -1.90% |
| 2020-06-30 | $168.72M | -4.91% |
| 2020-03-31 | $177.42M | -9.14% |
| 2019-12-31 | $195.27M | -1.54% |
| 2019-09-30 | $198.33M | 4.87% |
| 2019-06-30 | $189.11M | 11.29% |
| 2019-03-31 | $169.92M | -6.12% |
| 2018-12-31 | $181.00M | 7.14% |
| 2018-09-30 | $168.93M | -0.86% |
| 2018-06-30 | $170.39M | -3.68% |
| 2018-03-31 | $176.90M | -9.19% |
| 2017-12-31 | $194.79M | 11.85% |
| 2017-09-30 | $174.16M | -10.16% |
| 2017-06-30 | $193.86M | -1.74% |
| 2017-03-31 | $197.29M | -8.19% |
| 2016-12-31 | $214.90M | 24.38% |
| 2016-09-30 | $172.78M | 7.67% |
| 2016-06-30 | $160.47M | 11.72% |
| 2016-03-31 | $143.64M | -0.71% |
| 2015-12-31 | $144.67M | 5.29% |
| 2015-09-30 | $137.40M | 4.78% |
| 2015-06-30 | $131.13M | 8.56% |
| 2015-03-31 | $120.79M | 27.21% |
| 2014-12-31 | $94.95M | -6.68% |
| 2014-09-30 | $101.75M | -5.75% |
| 2014-06-30 | $107.96M | -9.59% |
| 2014-03-31 | $119.41M | -2.40% |
| 2013-12-31 | $122.35M | 10.16% |
| 2013-09-30 | $111.07M | -6.71% |
| 2013-06-30 | $119.06M | -0.08% |
| 2013-03-31 | $119.16M | 3.61% |
| 2012-12-31 | $115.00M | -22.42% |
| 2012-09-30 | $148.25M | 6.53% |
| 2012-06-30 | $139.16M | -3.59% |
| 2012-03-31 | $144.34M | -3.05% |
| 2011-12-31 | $148.88M | -6.91% |
| 2011-09-30 | $159.92M | 0.87% |
| 2011-06-30 | $158.55M | 4.83% |
| 2011-03-31 | $151.24M | -28.81% |
| 2010-12-31 | $212.44M | -0.23% |
| 2010-09-30 | $212.94M | 0.22% |
| 2010-06-30 | $212.47M | -6.88% |
| 2010-03-31 | $228.18M | -10.87% |
| 2009-12-31 | $256.01M | -2.68% |
| 2009-09-30 | $263.07M | 3.12% |
| 2009-06-30 | $255.11M | 6.09% |
| 2009-03-31 | $240.46M | -18.91% |
| 2008-12-31 | $296.51M | -3.36% |
| 2008-09-30 | $306.81M | 21.90% |
| 2008-06-30 | $251.69M | 33.36% |
| 2008-03-31 | $188.72M | -4.75% |
| 2007-12-31 | $198.14M | - |
VSE generated $265.96M in revenue during Q2 2024, up 10.11% compared to the previous quarter, and up 104.12% compared to the same period a year ago.
VSE Revenue Breakdown
VSE Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Service | $167.45M | $387.28M | $349.92M | $343.33M | $375.99M |
| Product | $693.03M | $562.48M | $400.94M | $318.32M | $376.63M |
VSE's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (80.54%), and Service (19.46%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Service | $77.38M | $54.36M | - | $46.66M | $39.23M | $96.37M | $90.86M | $104.27M | $98.14M | $94.01M | $85.29M | $87.58M | $90.65M | $86.40M | $74.73M | $84.56M | $82.97M | $101.08M | $98.25M | $101.49M |
| Product | $188.58M | $187.18M | $183.28M | $184.69M | $166.00M | $159.07M | $143.46M | $138.22M | $143.58M | $137.23M | $124.89M | $113.00M | $84.46M | $78.58M | $75.29M | $80.94M | $85.75M | $76.34M | $97.03M | $96.83M |
VSE's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Product (70.91%), and Service (29.09%).
VSE Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Non-US | $203.72M | $111.83M | $81.96M | $63.52M | $93.18M |
| UNITED STATES | $656.77M | $837.93M | $668.89M | $598.14M | $659.45M |
VSE's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (76.32%), and Non-US (23.68%).
VSE Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| VVX | V2X | $3.96B | $1.07B |
| MOG-A | Moog | $3.32B | $904.74M |
| CW | Curtiss-Wright | $2.85B | $784.79M |
| HXL | Hexcel | $1.79B | $499.90M |
| VSEC | VSE | $860.49M | $265.96M |
| MRCY | Mercury Systems | $835.27M | $208.26M |
| DCO | Ducommun | $756.99M | $197.00M |
| ATRO | Astronics | $689.21M | $198.11M |
| CDRE | Cadre | $482.53M | $144.31M |
| NPK | National Presto Industries | $340.91M | $85.06M |
| PKE | Park Aerospace | $56.00M | $13.97M |
| ISSC | Innovative Solutions and Support | $34.81M | $11.77M |
VSEC Revenue FAQ
What is VSE’s yearly revenue?
VSE's yearly revenue for 2023 was $860.49M, representing a decrease of -9.40% compared to 2022. The company's yearly revenue for 2022 was $949.76M, representing an increase of 26.49% compared to 2021. VSEC's yearly revenue for 2021 was $750.85M, representing an increase of 13.48% compared to 2020.
What is VSE’s quarterly revenue?
VSE's quarterly revenue for Q2 2024 was $265.96M, a 10.11% increase from the previous quarter (Q1 2024), and a 29.60% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $241.54M, a 2.64% increase from the previous quarter (Q4 2023), and a -5.44% decrease year-over-year (Q1 2023). VSEC's quarterly revenue for Q4 2023 was $235.32M, a 1.72% increase from the previous quarter (Q3 2023), and a 0.43% increase year-over-year (Q4 2022).
What is VSE’s revenue growth rate?
VSE's revenue growth rate for the last 3 years (2021-2023) was 14.60%, and for the last 5 years (2019-2023) was 14.33%.
What are VSE’s revenue streams?
VSE's revenue streams in c 23 are Service, and Product. Service generated $167.45M in revenue, accounting 19.46% of the company's total revenue, down -56.76% year-over-year. Product generated $693.04M in revenue, accounting 80.54% of the company's total revenue, up 23.21% year-over-year.
What is VSE’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of VSE was Product. This segment made a revenue of $693.04M, representing 80.54% of the company's total revenue.