CAVCO INDUSTRIES, INC.CVCOEarnings & Financial Report
Cavco Industries, Inc. is an American company that manufactures modular homes, Recreational vehicle (RVs), vacation cabins, and manufactured homes. The company operates through a network of manufacturing facilities and retail locations across the United States. Cavco is Headquartered in Phoenix, Arizona.
Revenue
$522.0M
Gross Profit
$129.9M
Operating Profit
$64.0M
Net Profit
$56.5M
Gross Margin
24.9%
Operating Margin
12.3%
Net Margin
10.8%
YoY Growth
16.8%
EPS
$6.90
CAVCO INDUSTRIES, INC. Q3 FY2025 Financial Summary
CAVCO INDUSTRIES, INC. reported revenue of $522.0M (up 16.8% YoY) for Q3 FY2025, with a net profit of $56.5M (up 56.9% YoY) (10.8% margin). Cost of goods sold was $392.1M, operating expenses totaled $66.0M.
Key Financial Metrics
| Total Revenue | $522.0M |
|---|---|
| Net Profit | $56.5M |
| Gross Margin | 24.9% |
| Operating Margin | 12.3% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
CAVCO INDUSTRIES, INC. Q3 FY2025 revenue of $522.0M breaks down across 4 segments, led by Manufactured Product Other at $472.0M (90.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Manufactured Product Other | $472.0M | 90.4% |
| Other | $28.9M | 5.5% |
| Financial Service Other | $19.9M | 3.8% |
| Insurance Agency Commissions | $1.2M | 0.2% |
CAVCO INDUSTRIES, INC. Revenue by Segment — Quarterly Trend
CAVCO INDUSTRIES, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Manufactured Product Other and Other) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Manufactured Product Other | $532.5M | $509.8M | $509.7M | $460.3M |
| Other | $26.0M | $25.4M | $26.0M | $27.6M |
| Financial Service Other | $20.5M | $19.9M | $19.8M | $19.2M |
| Insurance Agency Commissions | $2.0M | $1.5M | $1.4M | $1.3M |
CAVCO INDUSTRIES, INC. Annual Revenue by Year
CAVCO INDUSTRIES, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.0B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.0B |
| 2022 | $1.6B |
CAVCO INDUSTRIES, INC. Quarterly Revenue & Net Profit History
CAVCO INDUSTRIES, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $581.0M | +11.3% | $44.1M | 7.6% |
| Q2 FY2026 | $556.5M | +9.7% | $52.4M | 9.4% |
| Q1 FY2026 | $556.9M | +16.6% | $51.6M | 9.3% |
| Q4 FY2025 | $508.4M | +21.0% | $36.3M | 7.1% |
| Q3 FY2025 | $522.0M | +16.8% | $56.5M | 10.8% |
| Q2 FY2025 | $507.5M | +12.3% | $43.8M | 8.6% |
| Q1 FY2025 | $477.6M | +0.3% | $34.4M | 7.2% |
| Q4 FY2024 | $420.1M | -6.0% | $33.9M | 8.1% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $420.1M | $477.6M | $507.5M | $522.0M | $508.4M | $556.9M | $556.5M | $581.0M |
| YoY Growth | -6.0% | 0.3% | 12.3% | 16.8% | 21.0% | 16.6% | 9.7% | 11.3% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.35B | $1.38B | $1.40B | $1.39B | $1.41B | $1.42B | $1.45B | $1.47B |
| Liabilities | $320.7M | $342.1M | $356.2M | $328.5M | $342.1M | $354.8M | $362.9M | $383.0M |
| Equity | $1.03B | $1.04B | $1.04B | $1.06B | $1.06B | $1.06B | $1.09B | $1.09B |
Cash Flow
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $47.4M | $54.7M | $37.8M | $38.6M | $55.5M | $78.5M | $66.1M |