VSE Corporation (VSEC)

VSE Corporation topped expectations on both the top and bottom line in the second fiscal quarter of 2026, reported August 5, 2026, with adjusted EPS of $1.75 topping the $0.93 estimate (+87%) and revenue of $449.1 million topping the $425.0 million estimate (+5.7%). Revenue rose 65% to roughly $449.1 million (up from about $272.1 million a year ago), reflecting results from its aviation aftermarket parts distribution and MRO-focused operations serving commercial and government aviation customers. Profitability came through at a gross margin of 17.0% and an operating margin of 10.9%, with operating income of about $49.0 million and gross profit of roughly $76.4 million. Net income increased 73% to about $28.5 million, up from roughly $16.4 million a year ago, alongside adjusted EPS up 80.4% from $0.97. The company generated operating cash flow of about $27.6 million and paid roughly $2.8 million in dividends during the quarter. For the next period, consensus calls for EPS of $1.69 on revenue of $510.0 million.