earnings
confidence high
sentiment neutral
materiality 0.70
Virco FY2026 net income $2.6M, revenue $199.7M; Q4 operating loss $9.9M
VIRCO MFG CORPORATION
- Full year net income $2.6M on revenue $199.7M; Q4 revenue $26.2M (-8.1% YoY), operating loss $9.9M.
- Shareholder distributions totaled $5.6M: $1.6M dividends and $4.0M share repurchases.
- Cash balance $14.4M with current ratio of 3.1; management highlights strong operating controls.
- Early order rates run ahead of prior year by low double digits; 'Shipments plus Backlog' down ~3% YoY.
- Management cites normalization of school furniture market post-COVID, cautiously optimistic.