V2X Inc
NYSE:VVX
V2X Inc
V2X Inc. stands at the intriguing intersection of technology and infrastructure, forging pathways for the seamless communication between vehicles and everything around them—commonly referred to as Vehicle-to-Everything (V2X). Born from the increasing demand for intelligent transportation systems, V2X Inc. leverages communication technologies to enhance road safety, optimize traffic flow, and minimize environmental impact. The company's core technology facilitates the exchange of real-time data between vehicles, road infrastructure, and cloud-based traffic management systems, effectively transforming vehicles into information nodes. This advancement not only provides drivers with a safer and more efficient journey but also aids municipalities in managing urban mobility challenges more effectively.
Financially, V2X Inc. thrives by offering its solutions to automotive manufacturers, smart city planners, and transport authorities. By providing software systems for cars that communicate with infrastructure, as well as analytics platforms for city traffic management, V2X Inc. garners revenue through a combination of licensing fees, subscription models, and implementation contracts. The company's collaborative projects with automotive firms include embedding V2X technologies into new car models, while partnerships with cities focus on deploying smart infrastructure systems. As urban areas continue to grapple with congestion and climate targets, V2X Inc.'s solutions prove indispensable, charting a course for sustainable and smart transportation ecosystems wherein safety, efficiency, and innovation are intertwined.
V2X Inc. stands at the intriguing intersection of technology and infrastructure, forging pathways for the seamless communication between vehicles and everything around them—commonly referred to as Vehicle-to-Everything (V2X). Born from the increasing demand for intelligent transportation systems, V2X Inc. leverages communication technologies to enhance road safety, optimize traffic flow, and minimize environmental impact. The company's core technology facilitates the exchange of real-time data between vehicles, road infrastructure, and cloud-based traffic management systems, effectively transforming vehicles into information nodes. This advancement not only provides drivers with a safer and more efficient journey but also aids municipalities in managing urban mobility challenges more effectively.
Financially, V2X Inc. thrives by offering its solutions to automotive manufacturers, smart city planners, and transport authorities. By providing software systems for cars that communicate with infrastructure, as well as analytics platforms for city traffic management, V2X Inc. garners revenue through a combination of licensing fees, subscription models, and implementation contracts. The company's collaborative projects with automotive firms include embedding V2X technologies into new car models, while partnerships with cities focus on deploying smart infrastructure systems. As urban areas continue to grapple with congestion and climate targets, V2X Inc.'s solutions prove indispensable, charting a course for sustainable and smart transportation ecosystems wherein safety, efficiency, and innovation are intertwined.
Record Results: V2X delivered record quarterly revenue of $1.22 billion in Q4, up 5% year-over-year, and full-year 2025 revenue grew 4% to $4.48 billion, hitting the upper end of guidance.
Profitability: Adjusted EBITDA reached a record $88.7 million in Q4 and $323.3 million for the year, both ahead of expectations, with adjusted EBITDA margin at 7.2% for the year.
EPS Growth: Adjusted diluted EPS was $1.56 in Q4 (up about 17% YoY) and $5.24 for the year (up 21% YoY).
Cash Generation & Leverage: Improved net debt by $116 million to $758 million, reducing net leverage to 2.2x, and generated $148.3 million in adjusted operating cash flow for the year.
Strong Backlog: Year-end backlog was $11.1 billion ($2.3 billion funded), excluding a $4.3 billion T6 contract to be added in Q1 2026.
2026 Guidance: Revenue guidance for 2026 is $4.675–4.825 billion (6% growth at midpoint), adjusted EBITDA of $335–350 million, and adjusted EPS of $5.50–5.90 (9% growth at midpoint).
Contract Wins: Secured two contract wins over $1 billion each in 2025, 10 awards above $100 million, and a major $4.3 billion T6 aircraft contract.
AI & Partnerships: Announced new partnerships with AWS and Google to advance smart warehousing and AI, focusing on innovation and digital transformation.
