Vse Operating Expenses Growth & History (VSEC)
Vse's operating expenses was $1.02B for fiscal 2025.
View full Vse company overviewVse annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.02B | $295.2M | +40.57% |
| 2024 | 2024-12-31 | $727.5M | $233.6M | +47.30% |
| 2023 | 2023-12-31 | $493.9M | −$122.0M | −19.81% |
| 2022 | 2022-12-31 | $615.8M | $131.8M | +27.22% |
| 2021 | 2021-12-31 | $484.1M | −$122.8M | −20.24% |
| 2020 | 2020-12-31 | $606.9M | −$85.5M | −12.35% |
| 2019 | 2019-12-31 | $692.4M | $47.7M | +7.40% |
| 2018 | 2018-12-31 | $644.7M | −$61.1M | −8.66% |
| 2017 | 2017-12-31 | $705.8M | $65.5M | +10.23% |
| 2016 | 2016-12-31 | $640.3M | $414.8M | +184.01% |
| 2015 | 2015-12-31 | $225.4M | −$26.5M | −10.51% |
| 2014 | 2014-12-31 | $251.9M | −$46.6M | −15.61% |
| 2013 | 2013-12-31 | $298.5M | −$75.0M | −20.09% |
| 2012 | 2012-12-31 | $373.5M | −$98.2M | −20.81% |
| 2011 | 2011-12-31 | $471.7M | −$292.6M | −38.28% |
| 2010 | 2010-12-31 | $764.3M | — | — |
Vse quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $400.2M | $150.6M | +60.31% |
| Q1 2026 | 2026-03-31 | $291.8M | $60.3M | +26.04% |
| Q4 2025 | 2025-12-31 | $268.7M | $61.7M | +29.82% |
| Q3 2025 | 2025-09-30 | $272.8M | $89.3M | +48.62% |
| Q2 2025 | 2025-06-30 | $249.6M | $59.4M | +31.23% |
| Q1 2025 | 2025-03-31 | $231.5M | $84.8M | +57.79% |
| Q4 2024 | 2024-12-31 | $207.0M | — | — |
| Q3 2024 | 2024-09-30 | $183.6M | −$22.5M | −10.93% |
| Q2 2024 | 2024-06-30 | $190.2M | $5.6M | +3.06% |
| Q1 2024 | 2024-03-31 | $146.7M | −$25.1M | −14.59% |
| Q3 2023 | 2023-09-30 | $206.1M | $53.8M | +35.34% |
| Q2 2023 | 2023-06-30 | $184.6M | $25.4M | +15.93% |
| Q1 2023 | 2023-03-31 | $171.8M | −$47.5M | −21.66% |
| Q4 2022 | 2022-12-31 | $85.0M | — | — |
| Q3 2022 | 2022-09-30 | $152.3M | −$34.4M | −18.44% |
| Q2 2022 | 2022-06-30 | $159.2M | −$28.6M | −15.23% |
| Q1 2022 | 2022-03-31 | $219.3M | $63.9M | +41.16% |
| Q3 2021 | 2021-09-30 | $186.7M | $35.4M | +23.37% |
| Q2 2021 | 2021-06-30 | $187.8M | $31.6M | +20.24% |
| Q1 2021 | 2021-03-31 | $155.4M | −$5.9M | −3.65% |
| Q4 2020 | 2020-12-31 | $138.1M | −$42.4M | −23.47% |
| Q3 2020 | 2020-09-30 | $151.3M | −$29.8M | −16.45% |
| Q2 2020 | 2020-06-30 | $156.2M | −$16.5M | −9.54% |
| Q1 2020 | 2020-03-31 | $161.3M | $3.1M | +1.99% |
| Q4 2019 | 2019-12-31 | $180.5M | $12.5M | +7.47% |
| Q3 2019 | 2019-09-30 | $181.1M | $26.2M | +16.90% |
| Q2 2019 | 2019-06-30 | $172.7M | $16.2M | +10.32% |
| Q1 2019 | 2019-03-31 | $158.1M | −$7.2M | −4.35% |
| Q4 2018 | 2018-12-31 | $167.9M | −$14.0M | −7.69% |
| Q3 2018 | 2018-09-30 | $154.9M | −$7.0M | −4.32% |
| Q2 2018 | 2018-06-30 | $156.5M | −$22.3M | −12.48% |
| Q1 2018 | 2018-03-31 | $165.3M | −$17.8M | −9.72% |
| Q4 2017 | 2017-12-31 | $181.9M | −$19.7M | −9.77% |
| Q3 2017 | 2017-09-30 | $161.9M | $2.8M | +1.74% |
| Q2 2017 | 2017-06-30 | $178.9M | $30.3M | +20.36% |
| Q1 2017 | 2017-03-31 | $183.1M | $52.2M | +39.88% |
| Q4 2016 | 2016-12-31 | $201.6M | $72.1M | +55.62% |
| Q3 2016 | 2016-09-30 | $159.2M | $35.0M | +28.19% |
| Q2 2016 | 2016-06-30 | $148.6M | $29.0M | +24.21% |
| Q1 2016 | 2016-03-31 | $130.9M | $20.8M | +18.88% |
| Q4 2015 | 2015-12-31 | $129.6M | $74.3M | +134.51% |
| Q3 2015 | 2015-09-30 | $124.2M | $66.0M | +113.59% |
| Q2 2015 | 2015-06-30 | $119.6M | $56.4M | +89.32% |
| Q1 2015 | 2015-03-31 | $110.1M | $34.8M | +46.15% |
| Q4 2014 | 2014-12-31 | $55.2M | −$20.1M | −26.71% |
| Q3 2014 | 2014-09-30 | $58.1M | −$12.7M | −17.93% |
| Q2 2014 | 2014-06-30 | $63.2M | −$11.5M | −15.36% |
| Q1 2014 | 2014-03-31 | $75.3M | −$2.3M | −2.98% |
| Q4 2013 | 2013-12-31 | $75.4M | −$17.5M | −18.86% |
| Q3 2013 | 2013-09-30 | $70.8M | −$20.4M | −22.36% |
| Q2 2013 | 2013-06-30 | $74.7M | −$18.4M | −19.77% |
| Q1 2013 | 2013-03-31 | $77.7M | −$18.7M | −19.41% |
| Q4 2012 | 2012-12-31 | $92.9M | — | — |
| Q3 2012 | 2012-09-30 | $91.2M | — | — |
| Q2 2012 | 2012-06-30 | $93.1M | −$46.7M | −33.41% |
| Q1 2012 | 2012-03-31 | $96.4M | — | — |
| Q2 2011 | 2011-06-30 | $139.8M | −$59.6M | −29.88% |
| Q2 2010 | 2010-06-30 | $199.3M | — | — |
Vse operating expenses trends
Over the last five fiscal years, Vse's operating expenses increased from $606.9M to $1.02B, a change of $415.8M. The latest reported quarter, Q2 2026, shows $400.2M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vse source filings ↗