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VCI Global vs V2X: revenue, profit, margins and growth compared

VCI Global brought in $27.8M of revenue in fiscal 2024, V2X $4.5B in fiscal 2025. Revenue changed by +40.6% at VCI Global and +3.7% at V2X on the year before, so VCI Global grew faster. VCI Global kept 28.3% of its revenue as net profit, V2X 1.7%. Free cash flow was $22M at VCI Global and $170.1M at V2X.

Side by side, latest fiscal year

VCIGVVX
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$27.8M$4.5B
Revenue growth+40.6%+3.7%
Net income$7.9M$77.9M
Net margin28.3%1.7%
Free cash flow$22M$170.1M
Free cash flow margin78.9%3.8%
Earnings per share (diluted)$54.74$2.45
Cash$8.1M$369M
Debt$182.4K$1.1B
Price to earningsn/a30.9
Market value$15.8M$2.4B
Dividend yieldn/an/a
Rank by revenue in sector#803 of 955 · Consumer discretionary#220 of 955 · Consumer discretionary

Over the years

Revenue
VCIG FY2022: $8.1MVCIG FY2023: $19.8MVCIG FY2024: $27.8MVVX FY2018: $1.3BVVX FY2019: $1.4BVVX FY2020: $1.4BVVX FY2021: $1.8BVVX FY2022: $2.9BVVX FY2023: $4BVVX FY2024: $4.3BVVX FY2025: $4.5BFY18FY19FY20FY21FY22FY23FY24FY25
VCIG $27.8MVVX $4.5B
Net income
VCIG FY2022: $4.9MVCIG FY2023: $7.8MVCIG FY2024: $7.9MVVX FY2018: $35.1MVVX FY2019: $33.2MVVX FY2020: $37MVVX FY2021: $45.7MVVX FY2022: -$14.3MVVX FY2023: -$22.6MVVX FY2024: $34.7MVVX FY2025: $77.9MFY18FY19FY20FY21FY22FY23FY24FY25
VCIG $7.9MVVX $77.9M
Net margin
VCIG FY2022: 60.7%VCIG FY2023: 39.3%VCIG FY2024: 28.3%VVX FY2018: 2.7%VVX FY2019: 2.4%VVX FY2020: 2.6%VVX FY2021: 2.6%VVX FY2022: -0.5%VVX FY2023: -0.6%VVX FY2024: 0.8%VVX FY2025: 1.7%FY18FY19FY20FY21FY22FY23FY24FY25
VCIG 28.3%VVX 1.7%
Revenue growth
VCIG FY2023: +144.9%VCIG FY2024: +40.6%VVX FY2019: +8.1%VVX FY2020: +0.9%VVX FY2021: +27.8%VVX FY2022: +62.1%VVX FY2023: +37.1%VVX FY2024: +9.1%VVX FY2025: +3.7%FY19FY20FY21FY22FY23FY24FY25
VCIG +40.6%VVX +3.7%
Free cash flow
VCIG FY2022: -$684.2KVCIG FY2023: $717.3KVCIG FY2024: $22MVVX FY2018: $30MVVX FY2019: $11.4MVVX FY2020: $59.6MVVX FY2021: $51.6MVVX FY2022: $81.1MVVX FY2023: $162.9MVVX FY2024: $242.5MVVX FY2025: $170.1MFY18FY19FY20FY21FY22FY23FY24FY25
VCIG $22MVVX $170.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about VCI Global and V2X

Which is bigger by revenue, VCI Global or V2X?

V2X is bigger by revenue: $4.5B in fiscal 2025, against $27.8M for VCI Global in fiscal 2024.

Which keeps more of its revenue as profit, VCI Global or V2X?

VCI Global had a net margin of 28.3% in fiscal 2024; V2X had 1.7% in fiscal 2025.

Which grew revenue faster, VCI Global or V2X?

In their latest fiscal years revenue changed by +40.6% at VCI Global and +3.7% at V2X.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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