---
schema_version: "secwatch.filing_event.v1"
accession: "0000102752-23-000006"
form_type: "8-K"
ticker: "VSEC"
cik: "0000102752"
company_name: "VSE CORP"
filed_at: "2023-03-09T23:59:59+00:00"
generated_at: "2026-06-18T06:16:31.131024+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# VSE reports Q4 revenue +11% to $234M, adjusted EPS +28% to $0.68; strong full-year results

## Summary
- Q4 revenue $234.3M (+11% YoY); GAAP EPS $0.38 (-22%); Adj EPS $0.68 (+28%).
- Full-year revenue $949.8M (+26%); GAAP EPS $2.19 (+248%); Adj EPS $2.91 (+32%).
- Q4 GAAP net income $4.8M (-22% YoY).
- Full-year GAAP net income $28.1M (+252% YoY).
- Adjusted EBITDA: Q4 $22.9M (+29%), full-year $92.1M (+27%).

## SEC filing metadata
- accession: 0000102752-23-000006
- form_type: 8-K
- ticker: VSEC
- cik: 0000102752
- company_name: VSE CORP
- filed_at: 2023-03-09T23:59:59+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/102752/000010275223000006/0000102752-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102752/000010275223000006/vsec-20230308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000102752-23-000006
- JSON: https://secwatch.observer/filing/0000102752-23-000006.json
- Plain text: https://secwatch.observer/filing/0000102752-23-000006.txt

## Key facts
- Earnings Releases
  VSE CORP reported the fourth quarter ended December 31, 2022 results: revenue $234.3 million, net income $4.8 million, EPS $0.38.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $234.3 million
  - Net income: $4.8 million
  - EPS: $0.38
  - Result: reported results
  source text: Total Revenues of $234.3 million increased 11% ▪ GAAP Net Income of $4.8 million decreased 22% ▪ GAAP EPS (Diluted) of $0.38 decreased 22%
  evidence_url: https://www.sec.gov/Archives/edgar/data/102752/000010275223000006/0000102752-23-000006-index.htm
- Earnings Releases
  VSE CORP reported the fiscal year ended December 31, 2022 results: revenue $949.8 million, net income $28.1 million, EPS $2.19.
  - Period: the fiscal year ended December 31, 2022
  - Revenue: $949.8 million
  - Net income: $28.1 million
  - EPS: $2.19
  - Result: reported results
  source text: Total Revenues of $949.8 million increased 26% ▪ GAAP Net Income of $28.1 million increased 252% ▪ GAAP EPS (Diluted) of $2.19 increased 248%
  evidence_url: https://www.sec.gov/Archives/edgar/data/102752/000010275223000006/0000102752-23-000006-index.htm

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