Q2 FY2026 EarningsQ2 FY26 results beat consensus estimates across top and bottom lines, with revenue of $449.1M vs. $425.0M expected and GAAP EPS of $0.91 vs. $0.87. Performance was primarily driven by the Aviation segment's record growth (+65% YoY) and the transformational acquisition of Precision Aviation Group (PAG), which contributed $104.5M in its first partial quarter. While operating income surged 117% YoY, the adjusted tax rate of 27.3% for the quarter came in higher than the 23.9% consensus due to acquisition-related permanent differences.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: VSE(VSEC) the Revenue is 449.14 M (+65.04%), Beat estimate;the EBIT is 58.01 M (+157.7%), Beat estimate;the EPS is 0.91 (+506.7%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.45B65.04%
0.43B56.18%
+0.02B8.86%
EBITExceed expectations
0.06B157.65%
0.05B112.75%
+0.01B44.90%
EPSExceed expectations
0.91506.67%
0.8748483.22%
+0.035223.45%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf