---
schema_version: "secwatch.filing_event.v1"
accession: "0000102752-22-000072"
form_type: "8-K"
ticker: "VSEC"
cik: "0000102752"
company_name: "VSE CORP"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-22T23:15:25.170325+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# VSE Q3 2022: Revenue $242.5M (+21% YoY), Aviation EBITDA +86%

## Summary
- Revenue $242.5M (+21% YoY); GAAP EPS $0.73 (+2.8%); Adjusted EPS $0.76 (flat).
- Aviation segment revenue $102.6M (+40%); adjusted EBITDA $13.6M (+86%); margin 13.2% (+326 bps).
- Fleet segment revenue $64.8M (+7%); commercial revenue up 23%; new 425k sq ft Memphis warehouse.
- Federal & Defense revenue $75.1M (+12%); EBITDA down 57% on cost-plus mix; secured $86M NAVSEA addition.
- Amended credit facility extended to 2025; lowered margins; $99M available liquidity.

## SEC filing metadata
- accession: 0000102752-22-000072
- form_type: 8-K
- ticker: VSEC
- cik: 0000102752
- company_name: VSE CORP
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102752/000010275222000072/0000102752-22-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102752/000010275222000072/vsec-20221026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000102752-22-000072
- JSON: https://secwatch.observer/filing/0000102752-22-000072.json
- Plain text: https://secwatch.observer/filing/0000102752-22-000072.txt

## Key facts
- Earnings Releases
  VSE CORP reported financial results for third quarter ended September 30, 2022.
  - Period: third quarter ended September 30, 2022
  - Result: reported results
  source text: On October 26, 2022, the Company issued a press release reporting its financial results for the third quarter ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/102752/000010275222000072/0000102752-22-000072-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.