Vse (VSEC) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Vse Corporation  (NASDAQ: VSEC)
    Sector  Capital Goods    Industry Construction Services

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Description of Vse's Business Segments


VSE Corporation is a diversified service and product provider primarily operating in the fields of logistics, engineering, and information technology. The company serves various sectors, including defense, commercial, and federal government clients. Below is an extensive overview of the segments, products, and services that VSE Corporation offers, along with information about its international operations.

Segments

VSE Corporation operates through several key business segments:

1. Federal Services: This segment focuses on providing a wide range of services to federal government agencies. This includes logistics support, repair and maintenance of military equipment, and specialized engineering services. The Federal Services segment works closely with the Department of Defense (DoD) and various other government entities to enhance operational efficiencies.

2. Commercial Services: This segment caters to commercial customers with services that include logistics management, supply chain solutions, and technical support for various industries. The focus here is to provide cost-effective solutions that help clients optimize their operations.

3. Fleet Services: VSE’s Fleet Services division specializes in offering maintenance, parts support, and repair services for various fleet vehicles. This segment serves government and commercial clients, ensuring high levels of availability and reliability for their transportation assets.

4. Aviation Services: This segment provides a broad array of services related to aviation operations, including the repair and maintenance of aircraft components, aircraft logistics, and support services for both commercial and military aviation clients.

5. Engineering Services: VSE has a dedicated focus on engineering and technical support services, particularly in areas involving the design, development, and lifecycle support of complex systems. This includes specialized services for military applications and advanced technology development.

Products and Services

VSE Corporation offers a diverse portfolio of products and services tailored to the unique needs of its customer base:

- Logistics Support: VSE provides comprehensive logistics solutions that include warehousing, inventory management, transportation logistics, and distribution services. These capabilities are critical for ensuring that clients can effectively manage their supply chains.

- Engineering and Technical Services: These services include systems engineering, software development, cybersecurity solutions, and technical consulting. VSE’s engineers work on a variety of projects, ensuring compliance with government regulations and industry standards.

- Parts and Distribution: VSE offers a wide range of parts for various systems, including aviation, military vehicles, and maritime equipment. This includes both OEM (Original Equipment Manufacturer) and aftermarket parts, ensuring customers have access to high-quality components.

- Maintenance, Repair, and Overhaul (MRO): Through its MRO services, VSE supports extensive repair and refurbishment of military and commercial equipment, including vehicles, weapon systems, and aircraft components.

- Training and Support Services: To enable clients to optimally utilize their equipment, VSE offers training services that cover a range of skills and operational practices. This includes technical training, simulation exercises, and on-site support.

- Information Technology Solutions: VSE’s IT services encompass software development, data analytics, and cybersecurity solutions that help clients manage their information systems securely and efficiently.

International Operations

VSE Corporation has expanded its operations beyond U.S. borders, engaging in international markets and collaborations. The companys international presence focuses largely on:

- Defense Contracts: VSE works with allied foreign governments, providing logistics and maintenance support for military operations. This includes partnering with NATO allies and other nations to enhance their defense capabilities.

- Global Supply Chain Solutions: Leveraging its logistics expertise, VSE operates in international supply chains, providing parts and support services to various sectors worldwide. This includes managing international shipping, compliance with customs regulations, and establishing local partnerships to optimize service delivery.

- Collaborations and Joint Ventures: The company often engages in partnerships with foreign firms to leverage local knowledge and resources, thereby enhancing its service offerings and market penetration in specific regions.

- Market Adaptation: VSE has made efforts to adapt its services to meet the unique needs and regulatory requirements of different countries, focusing on sectors such as defense, aviation, and transportation in those markets.

Conclusion

VSE Corporation is positioned as a comprehensive provider of services and products across federal and commercial sectors, with robust capabilities in logistics, engineering, and technical support. Its international operations further expand its impact, allowing it to support clients on a global scale. The company’s commitment to innovation and adaptability ensures that it continues to meet the diverse needs of its customers, both domestically and internationally.


Composition of Vse Corporation Revenues by Segments

 
Repair    37.66 % of total Revenue
Distribution    62.34 % of total Revenue
Commercial    98.69 % of total Revenue
Government    1.31 % of total Revenue

Q1 three months ended (Mar 31 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Repair 122.23 37.66 %
Distribution 202.35 62.34 %
Commercial 320.32 98.69 %
Government 4.26 1.31 %
Total 324.58 100 %




Q1 three months ended (Mar 31 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Repair 28 % -
Distribution 26.03 % -
Commercial 25.64 % -
Government 289.84 % -
Total 26.77 % -70.82 %




Q1 three months ended (Mar 31 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Total 29.06 8.95 %




Q1 three months ended (Mar 31 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Total - 148.27 %




Annual Report on Vse Corporation Divisions, Sales by Country

 
Repair   Repair Segment contribution to total sales 36.71 % of total Revenue
Distribution   Distribution Segment contribution to total sales 63.29 % of total Revenue
Commercial   Commercial Segment contribution to total sales 99.62 % of total Revenue
Government   Government Segment contribution to total sales 0.38 % of total Revenue
Aviation Segment   Aviation Segment Segment contribution to total sales 100 % of total Revenue
United States   United States Segment contribution to total sales 56.61 % of total Revenue
Canada   Canada Segment contribution to total sales 13.4 % of total Revenue
Other Countries   Other Countries Segment contribution to total sales 29.99 % of total Revenue


Twelve months ended 2025
VSEC s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Repair 408.35 36.71 %
Distribution 703.93 63.29 %
Commercial 1,108.09 99.62 %
Government 4.18 0.38 %
Total 1,112.28 100 %
Aviation Segment 1,112.28 100 %
United States 629.67 56.61 %
Canada 149.03 13.4 %
Other Countries 333.58 29.99 %


Twelve months ended 2025
VSEC s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total 11.70 1.05 %

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Repair 34.57 % -
Distribution 45.8 % -
Commercial 42.24 % -
Government -42.27 % -
Total 2.98 % -23.63 %
Aviation - -
Aviation Segment 41.46 % -
United States 27.9 % -
Canada 38.89 % -
Other Countries 78.71 % -
Other government - -
Aviation Repair - -
Aviation Distribution - -
Aviation Commercial - -
Aviation Other government - -
Fleet - -
Fleet Distribution - -
Fleet Commercial - -
Fleet Other government - -



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