VIRCO MFG CORPORATIONVIRCEarnings & Financial Report
The Virco Manufacturing Corporation, more commonly known as Virco, is an American furniture manufacturer based in Torrance, California which focuses on providing products for educational markets. The principal products of the company include student desks and activity tables, school and office seating, computer stations, lightweight folding tables, and upholstered chairs.
Revenue
$108.4M
Gross Profit
$50.2M
Operating Profit
$21.9M
Net Profit
$16.8M
Gross Margin
46.3%
Operating Margin
20.2%
Net Margin
15.5%
YoY Growth
1.0%
EPS
$1.04
VIRCO MFG CORPORATION Q2 FY2025 Financial Summary
VIRCO MFG CORPORATION reported revenue of $108.4M (up 1.0% YoY) for Q2 FY2025, with a net profit of $16.8M (up 8.4% YoY) (15.5% margin). Cost of goods sold was $58.2M, operating expenses totaled $28.3M.
Key Financial Metrics
| Total Revenue | $108.4M |
|---|---|
| Net Profit | $16.8M |
| Gross Margin | 46.3% |
| Operating Margin | 20.2% |
| Report Period | Q2 FY2025 |
VIRCO MFG CORPORATION Annual Revenue by Year
VIRCO MFG CORPORATION annual revenue history includes year-by-year totals (for example, 2025 revenue was $266.2M).
| Year | Annual Revenue |
|---|---|
| 2025 | $266.2M |
| 2024 | $269.1M |
| 2023 | $231.1M |
| 2022 | $184.8M |
VIRCO MFG CORPORATION Quarterly Revenue & Net Profit History
VIRCO MFG CORPORATION 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 | $47.6M | -42.3% | $-1.3M | -2.8% |
| Q2 FY2026 | $92.1M | -15.1% | $10.2M | 11.1% |
| Q1 FY2026 | $33.8M | -27.8% | $732.0K | 2.2% |
| Q4 FY2025 | $28.5M | -33.2% | $-5.7M | -20.1% |
| Q3 FY2025 | $82.6M | -1.9% | $8.4M | 10.2% |
| Q2 FY2025 | $108.4M | +1.0% | $16.8M | 15.5% |
| Q1 FY2025 | $46.7M | +33.7% | $2.1M | 4.6% |
| Q4 FY2024 | $42.6M | +9.8% | $-2.3M | -5.5% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $42.6M | $46.7M | $108.4M | $82.6M | $28.5M | $33.8M | $92.1M | $47.6M |
| YoY Growth | 9.8% | 33.7% | 1.0% | -1.9% | -33.2% | -27.8% | -15.1% | -42.3% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $146.4M | $152.5M | $216.3M | $210.1M | $191.9M | $183.8M | $198.6M | $181.5M |
| Liabilities | $55.3M | $60.8M | $108.5M | $94.3M | $82.7M | N/A | N/A | N/A |
| Equity | $91.2M | $91.6M | $107.8M | $115.9M | $109.3M | $105.6M | $115.4M | $113.6M |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $4.7M | $-4.5M | $12.5M | $33.5M | $-8.3M | $-19.0M | $3.2M | $25.8M |