VIRCO MFG CORPORATION
| Metric | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Net sales | $199.7M-25.0% | $266.2M-1.1% | $269.1M+16.5% | $231.1M |
| Costs of goods sold | $118.4M-21.9% | $151.5M-1.0% | $153.1M+5.0% | $145.7M |
| Gross profit | $81.2M-29.2% | $114.7M-1.2% | $116.1M+36.0% | $85.3M |
| Selling, general and administrative expenses | $77.6M-10.7% | $86.8M+3.2% | $84.2M+12.7% | $74.7M |
| Operating income | $3.7M-86.9% | $27.9M-12.6% | $31.9M+199.5% | $10.6M |
| Unrealized gain on investment in trust account | -$239K+82.5% | -$1.4M-30.0% | -$1.1M-441.2% | -$194K |
| Pension expense | $135K-70.1% | $451K-55.3% | $1.0M+23.5% | $816K |
| Interest expense, net | $300K-14.0% | $349K-87.0% | $2.7M+35.4% | $2.0M |
| Income before income taxes | $3.5M-87.8% | $28.4M-2.8% | $29.2M+263.5% | $8.0M |
| Income tax expense | $895K-86.8% | $6.8M-7.5% | $7.3M+186.2% | -$8.5M |
| Net income | $2.6M-88.1% | $21.6M-1.2% | $21.9M+32.4% | $16.5M |
| Cash dividends declared per common share: | $100.00+11.1% | $90.00+350.0% | $20.00 | $0.00 |
| Basic (in dollars per share) | $160.00-87.9% | $1320.00-1.5% | $1340.00+30.1% | $1030.00 |
| Diluted (in dollars per share) | $160.00-87.9% | $1320.00-1.5% | $1340.00+31.4% | $1020.00 |
| Basic (in shares) | 15.8M-3.7% | 16.4M+0.4% | 16.3M+0.9% | 16.1M |
| Diluted (in shares) | 15.8M-3.7% | 16.4M-0.1% | 16.4M+1.2% | 16.2M |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Virco reported a $2.8 million first quarter loss as school furniture demand slowed, with net sales declining 9.1% to $30.7 million and gross margin falling to 41.4%
“We are often asked what the "new normal" looks like. Simply stated, it looks a lot like the old normal with the addition of higher service needs”
| Trade Date | Filed | Owner | Role | Type | Shares | Price | Value | Owned After | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-09 | 2026-06-11 | VIRTUE DOUGLAS A | Director & Executive Vice President | Purchase | 1,314 | $6.00 | $8K | 879.2K | View | |
| 2026-04-15 | 2026-04-15 | Lind Robert R | Director | Purchase | 500 | $6.07 | $3K | 119.9K | View | |
| 2026-04-15 | 2026-04-15 | VIRTUE DOUGLAS A | Director & Executive Vice President | Purchase | 11.7K | $6.09 | $71K | 877.9K | View | |
| 2026-04-14 | 2026-04-15 | VIRTUE DOUGLAS A | Director & Executive Vice President | Purchase | 4,349 | $6.07 | $26K | 866.2K | View | |
| 2026-04-14 | 2026-04-14 | VIRTUE ROBERT A | Director & CEO | Purchase | 2,700 | $6.22 | $17K | 501.8K | View |
Informational purposes only, not investment advice.