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Side-by-side financial comparison of TAT TECHNOLOGIES LTD (TATT) and VIRCO MFG CORPORATION (VIRC). Click either name above to swap in a different company.

VIRCO MFG CORPORATION is the larger business by last-quarter revenue ($47.6M vs $46.2M, roughly 1.0× TAT TECHNOLOGIES LTD). TAT TECHNOLOGIES LTD runs the higher net margin — 10.5% vs -2.8%, a 13.3% gap on every dollar of revenue. VIRCO MFG CORPORATION produced more free cash flow last quarter ($24.5M vs $4.8M).

TAT Technologies Ltd. is a publicly traded company, headquartered in the United States, providing environmental control products and services for the commercial and military aviation industries. Its shares are traded on the NASDAQ Capital Market and on the Tel Aviv Stock Exchange.

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.

TATT vs VIRC — Head-to-Head

Bigger by revenue
VIRC
VIRC
1.0× larger
VIRC
$47.6M
$46.2M
TATT
Higher net margin
TATT
TATT
13.3% more per $
TATT
10.5%
-2.8%
VIRC
More free cash flow
VIRC
VIRC
$19.8M more FCF
VIRC
$24.5M
$4.8M
TATT

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
TATT
TATT
VIRC
VIRC
Revenue
$46.2M
$47.6M
Net Profit
$4.8M
$-1.3M
Gross Margin
25.1%
38.0%
Operating Margin
11.4%
-3.6%
Net Margin
10.5%
-2.8%
Revenue YoY
-42.3%
Net Profit YoY
-115.8%
EPS (diluted)
$0.37
$-0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
TATT
TATT
VIRC
VIRC
Q4 25
$47.6M
Q3 25
$46.2M
$92.1M
Q2 25
$43.1M
$33.8M
Q1 25
$28.5M
Q4 24
$82.6M
Q3 24
$108.4M
Q2 24
$46.7M
Q1 24
$42.6M
Net Profit
TATT
TATT
VIRC
VIRC
Q4 25
$-1.3M
Q3 25
$4.8M
$10.2M
Q2 25
$3.4M
$732.0K
Q1 25
$-5.7M
Q4 24
$8.4M
Q3 24
$16.8M
Q2 24
$2.1M
Q1 24
$-2.3M
Gross Margin
TATT
TATT
VIRC
VIRC
Q4 25
38.0%
Q3 25
25.1%
44.4%
Q2 25
25.1%
47.5%
Q1 25
26.2%
Q4 24
44.4%
Q3 24
46.3%
Q2 24
43.5%
Q1 24
37.7%
Operating Margin
TATT
TATT
VIRC
VIRC
Q4 25
-3.6%
Q3 25
11.4%
16.7%
Q2 25
10.3%
-0.3%
Q1 25
-28.5%
Q4 24
13.5%
Q3 24
20.2%
Q2 24
6.4%
Q1 24
-6.5%
Net Margin
TATT
TATT
VIRC
VIRC
Q4 25
-2.8%
Q3 25
10.5%
11.1%
Q2 25
8.0%
2.2%
Q1 25
-20.1%
Q4 24
10.2%
Q3 24
15.5%
Q2 24
4.6%
Q1 24
-5.5%
EPS (diluted)
TATT
TATT
VIRC
VIRC
Q4 25
$-0.08
Q3 25
$0.37
$0.65
Q2 25
$0.30
$0.05
Q1 25
$-0.37
Q4 24
$0.52
Q3 24
$1.04
Q2 24
$0.13
Q1 24
$-0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
TATT
TATT
VIRC
VIRC
Cash + ST InvestmentsLiquidity on hand
$47.1M
Total DebtLower is stronger
$9.9M
$3.9M
Stockholders' EquityBook value
$170.7M
$113.6M
Total Assets
$224.1M
$181.5M
Debt / EquityLower = less leverage
0.06×
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TATT
TATT
VIRC
VIRC
Q4 25
Q3 25
$47.1M
Q2 25
$43.1M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$5.3M
Total Debt
TATT
TATT
VIRC
VIRC
Q4 25
$3.9M
Q3 25
$9.9M
$4.0M
Q2 25
$10.3M
$4.1M
Q1 25
$4.1M
Q4 24
$4.2M
Q3 24
$4.3M
Q2 24
$7.0M
Q1 24
$4.4M
Stockholders' Equity
TATT
TATT
VIRC
VIRC
Q4 25
$113.6M
Q3 25
$170.7M
$115.4M
Q2 25
$165.8M
$105.6M
Q1 25
$109.3M
Q4 24
$115.9M
Q3 24
$107.8M
Q2 24
$91.6M
Q1 24
$91.2M
Total Assets
TATT
TATT
VIRC
VIRC
Q4 25
$181.5M
Q3 25
$224.1M
$198.6M
Q2 25
$213.6M
$183.8M
Q1 25
$191.9M
Q4 24
$210.1M
Q3 24
$216.3M
Q2 24
$152.5M
Q1 24
$146.4M
Debt / Equity
TATT
TATT
VIRC
VIRC
Q4 25
0.03×
Q3 25
0.06×
0.03×
Q2 25
0.06×
0.04×
Q1 25
0.04×
Q4 24
0.04×
Q3 24
0.04×
Q2 24
0.08×
Q1 24
0.05×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
TATT
TATT
VIRC
VIRC
Operating Cash FlowLast quarter
$7.5M
$25.8M
Free Cash FlowOCF − Capex
$4.8M
$24.5M
FCF MarginFCF / Revenue
10.3%
51.5%
Capex IntensityCapex / Revenue
5.9%
2.7%
Cash ConversionOCF / Net Profit
1.55×
TTM Free Cash FlowTrailing 4 quarters
$-4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TATT
TATT
VIRC
VIRC
Q4 25
$25.8M
Q3 25
$7.5M
$3.2M
Q2 25
$6.9M
$-19.0M
Q1 25
$-8.3M
Q4 24
$33.5M
Q3 24
$12.5M
Q2 24
$-4.5M
Q1 24
$4.7M
Free Cash Flow
TATT
TATT
VIRC
VIRC
Q4 25
$24.5M
Q3 25
$4.8M
$1.8M
Q2 25
$3.6M
$-21.5M
Q1 25
$-9.2M
Q4 24
$31.0M
Q3 24
$10.7M
Q2 24
$-5.6M
Q1 24
$4.0M
FCF Margin
TATT
TATT
VIRC
VIRC
Q4 25
51.5%
Q3 25
10.3%
2.0%
Q2 25
8.5%
-63.6%
Q1 25
-32.4%
Q4 24
37.5%
Q3 24
9.8%
Q2 24
-12.0%
Q1 24
9.5%
Capex Intensity
TATT
TATT
VIRC
VIRC
Q4 25
2.7%
Q3 25
5.9%
1.5%
Q2 25
7.7%
7.2%
Q1 25
3.3%
Q4 24
3.0%
Q3 24
1.7%
Q2 24
2.3%
Q1 24
1.5%
Cash Conversion
TATT
TATT
VIRC
VIRC
Q4 25
Q3 25
1.55×
0.31×
Q2 25
2.02×
-26.00×
Q1 25
Q4 24
3.98×
Q3 24
0.74×
Q2 24
-2.11×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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