Vse annual operating margin
2009
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2025
Vse Operating Margin Growth & History (VSEC)
Vse's operating margin was 8.06% for fiscal 2025.
View full Vse company overviewVse annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 8.06% | +0.58 pp |
| 2024 | 2024-12-31 | 7.47% | −1.74 pp |
| 2023 | 2023-12-31 | 9.22% | +1.21 pp |
| 2022 | 2022-12-31 | 8.01% | +8.57 pp |
| 2021 | 2021-12-31 | −0.56% | −2.67 pp |
| 2020 | 2020-12-31 | 2.10% | −5.90 pp |
| 2019 | 2019-12-31 | 8.01% | +0.23 pp |
| 2018 | 2018-12-31 | 7.78% | +0.63 pp |
| 2017 | 2017-12-31 | 7.15% | −0.30 pp |
| 2016 | 2016-12-31 | 7.45% | −2.02 pp |
| 2015 | 2015-12-31 | 9.46% | +0.76 pp |
| 2014 | 2014-12-31 | 8.71% | −0.64 pp |
| 2013 | 2013-12-31 | 9.35% | +0.01 pp |
| 2012 | 2012-12-31 | 9.34% | +3.13 pp |
| 2011 | 2011-12-31 | 6.21% | +1.53 pp |
| 2010 | 2010-12-31 | 4.68% | +0.89 pp |
| 2009 | 2009-12-31 | 3.79% | — |
Vse quarterly operating margin
Q2.10
Q3.10
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Q2.12
Q3.12
Q4.12
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Q3.15
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Q2.17
Q3.17
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Q3.18
Q4.18
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Q1.20
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Q1.21
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Q2.22
Q3.22
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Q2.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 10.90% | +2.63 pp |
| Q1 2026 | 2026-03-31 | 10.09% | +0.52 pp |
| Q4 2025 | 2025-12-31 | 10.79% | +1.80 pp |
| Q3 2025 | 2025-09-30 | 3.57% | −6.29 pp |
| Q2 2025 | 2025-06-30 | 8.27% | +6.92 pp |
| Q1 2025 | 2025-03-31 | 9.57% | −0.06 pp |
| Q4 2024 | 2024-12-31 | 8.99% | −1.93 pp |
| Q3 2024 | 2024-09-30 | 9.86% | −0.20 pp |
| Q2 2024 | 2024-06-30 | 1.35% | −7.55 pp |
| Q1 2024 | 2024-03-31 | 9.63% | −6.24 pp |
| Q3 2023 | 2023-09-30 | 10.92% | +1.89 pp |
| Q2 2023 | 2023-06-30 | 10.06% | +3.85 pp |
| Q1 2023 | 2023-03-31 | 8.90% | +3.74 pp |
| Q4 2022 | 2022-12-31 | 15.88% | +8.95 pp |
| Q3 2022 | 2022-09-30 | 9.03% | +16.29 pp |
| Q2 2022 | 2022-06-30 | 6.21% | +0.39 pp |
| Q1 2022 | 2022-03-31 | 5.15% | −2.79 pp |
| Q3 2021 | 2021-09-30 | 6.93% | −1.64 pp |
| Q2 2021 | 2021-06-30 | −7.26% | +5.73 pp |
| Q1 2021 | 2021-03-31 | 5.82% | +0.33 pp |
| Q4 2020 | 2020-12-31 | 7.94% | +0.36 pp |
| Q3 2020 | 2020-09-30 | 8.57% | −0.11 pp |
| Q2 2020 | 2020-06-30 | −12.99% | −21.67 pp |
| Q1 2020 | 2020-03-31 | 5.49% | −1.47 pp |
| Q4 2019 | 2019-12-31 | 7.59% | +0.36 pp |
| Q3 2019 | 2019-09-30 | 8.68% | −0.61 pp |
| Q2 2019 | 2019-06-30 | 8.68% | +0.55 pp |
| Q1 2019 | 2019-03-31 | 6.95% | +0.40 pp |
| Q4 2018 | 2018-12-31 | 7.23% | +0.61 pp |
| Q3 2018 | 2018-09-30 | 9.29% | +2.27 pp |
| Q2 2018 | 2018-06-30 | 8.13% | +0.39 pp |
| Q1 2018 | 2018-03-31 | 6.55% | −0.64 pp |
| Q4 2017 | 2017-12-31 | 6.62% | +0.43 pp |
| Q3 2017 | 2017-09-30 | 7.03% | −0.86 pp |
| Q2 2017 | 2017-06-30 | 7.74% | +0.34 pp |
| Q1 2017 | 2017-03-31 | 7.20% | −1.67 pp |
| Q4 2016 | 2016-12-31 | 6.18% | −4.27 pp |
| Q3 2016 | 2016-09-30 | 7.88% | −1.75 pp |
| Q2 2016 | 2016-06-30 | 7.40% | −1.36 pp |
| Q1 2016 | 2016-03-31 | 8.87% | +0.03 pp |
| Q4 2015 | 2015-12-31 | 10.45% | +2.35 pp |
| Q3 2015 | 2015-09-30 | 9.64% | +2.58 pp |
| Q2 2015 | 2015-06-30 | 8.77% | −1.15 pp |
| Q1 2015 | 2015-03-31 | 8.85% | −0.67 pp |
| Q4 2014 | 2014-12-31 | 8.10% | −1.71 pp |
| Q3 2014 | 2014-09-30 | 7.06% | −1.46 pp |
| Q2 2014 | 2014-06-30 | 9.91% | −0.75 pp |
| Q1 2014 | 2014-03-31 | 9.51% | +1.17 pp |
| Q4 2013 | 2013-12-31 | 9.81% | +1.21 pp |
| Q3 2013 | 2013-09-30 | 8.52% | −2.11 pp |
| Q2 2013 | 2013-06-30 | 10.67% | +1.42 pp |
| Q1 2013 | 2013-03-31 | 8.34% | −0.58 pp |
| Q4 2012 | 2012-12-31 | 8.60% | −0.87 pp |
| Q3 2012 | 2012-09-30 | 10.63% | +3.51 pp |
| Q2 2012 | 2012-06-30 | 9.25% | +4.66 pp |
| Q1 2012 | 2012-03-31 | 8.92% | +4.36 pp |
| Q4 2011 | 2011-12-31 | 9.46% | +3.90 pp |
| Q3 2011 | 2011-09-30 | 7.12% | +2.44 pp |
| Q2 2011 | 2011-06-30 | 4.59% | — |
| Q1 2011 | 2011-03-31 | 4.57% | — |
| Q3 2010 | 2010-09-30 | 5.56% | — |
| Q2 2010 | 2010-06-30 | 4.68% | — |
Vse operating margin trends
Over the last five reported fiscal years, Vse's operating margin increased from 2.10% to 8.06%, a change of +5.95 percentage points. The latest reported quarter, Q2 2026, shows 10.90%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vse filings at SEC.gov ↗