NASDAQ : VIRC
Virco Mfg. Corporation — Financial statements
Consumer Discretionary · Furnishings, Fixtures & Appliances · United States
Last price 6.23 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 98.21M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Virco Mfg. Corporation (VIRC) reported revenue of 191.97M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 191.97M | 199.65M | 266.24M | 269.12M | 231.06M | 184.83M |
| Cost of Revenue | 119.92M | 118.41M | 151.55M | 153.06M | 145.72M | 123.90M |
| Gross Profit | 72.05M | 81.24M | 114.69M | 116.06M | 85.34M | 60.93M |
| Selling, General & Admin | 75.17M | 76.22M | 85.99M | 83.89M | 75.51M | 63.46M |
| Operating Expenses | 76.47M | 77.72M | 87.29M | 85.19M | 75.51M | 63.46M |
| Operating Income | -4.42M | 3.52M | 27.41M | 30.87M | 9.83M | -2.53M |
| Interest Expense | -311.00K | -300.00K | -349.00K | -2.68M | -1.98M | -1.20M |
| EBT Excluding Unusual Items | -4.73M | 3.22M | 27.06M | 28.19M | 7.85M | -3.73M |
| Gain (Loss) on Sale of Investments | 561.00K | 239.00K | 1.36M | 1.05M | 194.00K | |
| Pretax Income | -4.17M | 3.46M | 28.42M | 29.24M | 8.04M | -3.73M |
| Income Tax Expense | -1.66M | 895.00K | 6.78M | 7.33M | -8.50M | 11.41M |
| Net Income | -2.51M | 2.57M | 21.64M | 21.91M | 16.55M | -15.14M |
| Net Income to Common | -2.51M | 2.57M | 21.64M | 21.91M | 16.55M | -15.14M |
| Shares Outstanding (Basic) | 15.75M | 15.76M | 16.36M | 16.30M | 16.14M | 15.95M |
| Shares Outstanding (Diluted) | 15.75M | 15.77M | 16.37M | 16.39M | 16.19M | 15.95M |
| EPS (Basic) | -0.16 | 0.16 | 1.32 | 1.34 | 1.03 | -0.95 |
| EPS (Diluted) | -0.16 | 0.16 | 1.32 | 1.34 | 1.02 | -0.95 |
| Free Cash Flow | 8.83M | -6.70M | 26.83M | 21.71M | -7.12M | -3.40M |
| Free Cash Flow Per Share | 0.56 | -0.42 | 1.64 | 1.32 | -0.44 | -0.21 |
| Dividend Per Share | 0.10 | 0.10 | 0.09 | 0.02 | ||
| Gross Margin | 37.53% | 40.69% | 43.08% | 43.12% | 36.93% | 32.97% |
| Operating Margin | -2.30% | 1.76% | 10.29% | 11.47% | 4.25% | -1.37% |
| Profit Margin | -1.31% | 1.29% | 8.13% | 8.14% | 7.16% | -8.19% |
| Free Cash Flow Margin | 4.60% | -3.35% | 10.08% | 8.07% | -3.08% | -1.84% |
| EBITDA | 1.55M | 9.66M | 33.10M | 35.97M | 14.37M | 2.04M |
| EBITDA Margin | 0.81% | 4.84% | 12.43% | 13.36% | 6.22% | 1.10% |
| D&A For EBITDA | 5.97M | 6.14M | 5.69M | 5.10M | 4.54M | 4.57M |
| EBIT | -4.42M | 3.52M | 27.41M | 30.87M | 9.83M | -2.53M |
| EBIT Margin | -2.30% | 1.76% | 10.29% | 11.47% | 4.25% | -1.37% |
| Effective Tax Rate | 25.85% | 23.85% | 25.07% | |||
| Advertising Expenses | 1.40M | 1.50M | 1.40M | 1.20M | 785.00K |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 9.21M | 14.44M | 26.87M | 5.29M | 1.06M | 1.36M |
| Cash & Short-Term Investments | 9.21M | 14.44M | 26.87M | 5.29M | 1.06M | 1.36M |
| Accounts Receivable | 45.56M | 13.59M | 13.00M | 23.16M | 18.43M | 17.77M |
| Other Receivables | 4.24M | 3.86M | 4.06M | 87.00K | 270.00K | |
| Receivables | 49.80M | 17.45M | 17.06M | 23.16M | 18.52M | 18.04M |
| Inventory | 53.03M | 56.73M | 55.65M | 58.37M | 67.41M | 47.37M |
| Prepaid Expenses | 10.57M | 10.10M | 2.60M | 2.21M | 2.08M | 2.08M |
| Total Current Assets | 122.61M | 98.73M | 102.17M | 89.03M | 89.07M | 68.85M |
| Property, Plant & Equipment | 60.79M | 64.99M | 72.02M | 41.08M | 44.68M | 49.20M |
| Long-Term Deferred Tax Assets | 3.59M | 5.44M | 5.82M | 6.63M | 7.80M | 399.00K |
| Other Long-Term Assets | 5.17M | 5.02M | 11.93M | 9.71M | 8.58M | 8.00M |
| Total Assets | 192.17M | 174.18M | 191.95M | 146.44M | 150.13M | 126.44M |
| Accounts Payable | 20.03M | 7.39M | 11.59M | 12.95M | 19.45M | 19.79M |
| Accrued Expenses | 21.41M | 17.68M | 20.60M | 19.30M | 16.39M | 11.18M |
| Current Portion of Long-Term Debt | 274.00K | 269.00K | 258.00K | 248.00K | 7.36M | 340.00K |
| Current Portion of Leases | 6.62M | 6.49M | 1.67M | 5.74M | 5.08M | 4.73M |
| Current Income Taxes Payable | 145.00K | |||||
| Other Current Liabilities | 150.00K | 150.00K | 150.00K | 150.00K | 250.00K | 250.00K |
| Total Current Liabilities | 48.49M | 31.98M | 34.27M | 38.53M | 48.52M | 36.28M |
| Long-Term Debt | 3.47M | 3.61M | 3.88M | 4.14M | 14.38M | 14.17M |
| Long-Term Leases | 26.67M | 30.01M | 36.01M | 1.83M | 6.80M | 11.44M |
| Pension & Post-Retirement Benefits | 900.00K | 839.00K | 6.75M | 9.43M | 10.68M | 15.43M |
| Other Long-Term Liabilities | 2.15M | 1.81M | 1.77M | 1.34M | 1.68M | 1.68M |
| Total Liabilities | 81.69M | 68.25M | 82.68M | 55.27M | 82.06M | 79.00M |
| Common Stock | 157.00K | 157.00K | 161.00K | 164.00K | 162.00K | 161.00K |
| Additional Paid-In Capital | 113.67M | 113.76M | 117.55M | 121.37M | 120.89M | 120.49M |
| Retained Earnings | -2.83M | -7.88M | -8.87M | -29.05M | -50.63M | -67.18M |
| Comprehensive Income & Other | -525.00K | -112.00K | 422.00K | -1.31M | -2.36M | -6.03M |
| Shareholders' Equity | 110.47M | 105.93M | 109.27M | 91.18M | 68.06M | 47.45M |
| Total Liabilities & Equity | 192.17M | 174.18M | 191.95M | 146.44M | 150.13M | 126.44M |
| Total Debt | 37.04M | 40.37M | 41.82M | 11.96M | 33.62M | 30.68M |
| Net Cash (Debt) | -27.83M | -25.94M | -14.95M | -6.67M | -32.56M | -29.32M |
| Net Cash Per Share | -1.77 | -1.64 | -0.91 | -0.41 | -2.01 | -1.84 |
| Filing Date Shares Outstanding | 15.76M | 15.76M | 16.09M | 16.35M | 16.21M | 16.10M |
| Total Common Shares Outstanding | 15.76M | 15.76M | 16.09M | 16.35M | 16.21M | 16.10M |
| Working Capital | 74.11M | 66.75M | 67.90M | 50.49M | 40.54M | 32.56M |
| Book Value Per Share | 7.01 | 6.72 | 6.79 | 5.58 | 4.20 | 2.95 |
| Tangible Book Value | 110.47M | 105.93M | 109.27M | 91.18M | 68.06M | 47.45M |
| Tangible Book Value Per Share | 7.01 | 6.72 | 6.79 | 5.58 | 4.20 | 2.95 |
| Land | 3.73M | 3.73M | 3.73M | 3.73M | 3.73M | 3.73M |
| Buildings | 52.06M | 52.06M | 52.03M | 51.58M | 51.31M | 51.33M |
| Machinery | 124.90M | 123.18M | 119.97M | 114.40M | 113.66M | 113.31M |
| Leasehold Improvements | 649.00K | 649.00K | 657.00K | 523.00K | 983.00K | 1.01M |
| Order Backlog | 43.70M | 49.20M | 48.50M | 58.60M | 40.80M |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -2.51M | 2.57M | 21.64M | 21.91M | 16.55M | -15.14M |
| Depreciation & Amortization | 5.97M | 6.14M | 5.69M | 5.10M | 4.54M | 4.57M |
| Other Amortization | 147.00K | 139.00K | 72.00K | 115.00K | 122.00K | 116.00K |
| Loss (Gain) From Sale of Assets | -2.00K | |||||
| Loss (Gain) From Sale of Investments | -561.00K | -239.00K | -1.36M | -1.05M | -194.00K | |
| Stock-Based Compensation | 192.00K | 208.00K | 395.00K | 595.00K | 612.00K | 1.01M |
| Provision & Write-off of Bad Debts | 53.00K | 53.00K | 56.00K | 53.00K | ||
| Other Operating Activities | 2.93M | 4.00M | -599.00K | -171.00K | -8.82M | 12.11M |
| Change in Accounts Receivable | 1.20M | -639.00K | 10.16M | -4.73M | -720.00K | -8.06M |
| Change in Inventory | 6.83M | -1.09M | 2.72M | 9.04M | -20.03M | -9.10M |
| Change in Accounts Payable | 3.05M | -11.51M | -1.09M | -4.01M | 4.02M | 13.86M |
| Change in Income Taxes | -4.27M | 224.00K | -4.13M | 213.00K | 141.00K | 55.00K |
| Change in Other Net Operating Assets | -863.00K | -699.00K | -370.00K | -46.00K | -56.00K | 129.00K |
| Operating Cash Flow | 12.17M | -841.00K | 33.13M | 26.96M | -3.79M | -401.00K |
| Capital Expenditures | -3.34M | -5.85M | -6.29M | -5.25M | -3.33M | -3.00M |
| Other Investing Activities | -181.00K | 119.00K | 732.00K | 489.00K | 624.00K | |
| Investing Cash Flow | -3.52M | -5.74M | -5.56M | -4.76M | -3.33M | -2.37M |
| Long-Term Debt Issued | 23.16M | 42.04M | 49.58M | 29.75M | ||
| Long-Term Debt Repaid | -258.00K | -23.41M | -59.40M | -42.35M | -25.68M | |
| Net Debt Issued (Repaid) | -263.00K | -258.00K | -249.00K | -17.36M | 7.23M | 4.07M |
| Repurchase of Common Stock | -190.00K | -4.00M | -4.22M | -110.00K | -213.00K | -176.00K |
| Common Dividends Paid | -1.58M | -1.58M | -1.46M | -327.00K | ||
| Other Financing Activities | -20.00K | -20.00K | -50.00K | -175.00K | -200.00K | -169.00K |
| Financing Cash Flow | -2.05M | -5.85M | -5.98M | -17.97M | 6.82M | 3.73M |
| Net Cash Flow | 6.60M | -12.43M | 21.58M | 4.23M | -302.00K | 957.00K |
| Free Cash Flow | 8.83M | -6.70M | 26.83M | 21.71M | -7.12M | -3.40M |
| Free Cash Flow Margin | 4.60% | -3.35% | 10.08% | 8.07% | -3.08% | -1.84% |
| Free Cash Flow Per Share | 0.56 | -0.42 | 1.64 | 1.32 | -0.44 | -0.21 |
| Levered Free Cash Flow | 4.80M | -13.46M | 25.01M | 18.91M | -8.80M | -1.89M |
| Unlevered Free Cash Flow | 4.85M | -13.41M | 25.16M | 20.47M | -7.69M | -1.26M |
| Cash Interest Paid | 1.98M | 1.20M | ||||
| Cash Income Tax Paid | 62.00K | 108.00K | 10.71M | 6.32M | 67.00K | 37.00K |
| Change in Working Capital | 5.96M | -13.71M | 7.29M | 464.00K | -16.65M | -3.12M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 101.12M | 110.17M | 177.55M | 195.84M | 79.43M | 47.82M |
| Enterprise Value | 128.95M | 125.46M | 181.14M | 207.54M | 107.17M | 76.22M |
| Last Close Price | 6.20 | 6.90 | 10.63 | 11.60 | 4.74 | 2.87 |
| PE Ratio | 42.90 | 8.20 | 8.94 | 4.80 | ||
| Forward PE | 15.82 | 9.17 | 8.45 | 7.35 | 5.76 | 11.00 |
| PS Ratio | 0.51 | 0.55 | 0.67 | 0.73 | 0.34 | 0.26 |
| PB Ratio | 0.88 | 1.04 | 1.62 | 2.15 | 1.17 | 1.01 |
| P/TBV Ratio | 0.88 | 1.04 | 1.62 | 2.15 | 1.17 | 1.01 |
| P/FCF Ratio | 11.06 | 6.62 | 9.02 | |||
| P/OCF Ratio | 8.03 | 5.36 | 7.26 | |||
| EV/Sales Ratio | 0.65 | 0.63 | 0.68 | 0.77 | 0.46 | 0.41 |
| EV/EBITDA Ratio | 81.17 | 12.98 | 5.47 | 5.77 | 7.46 | 37.42 |
| EV/EBIT Ratio | 35.60 | 6.61 | 6.72 | 10.90 | ||
| EV/FCF Ratio | 14.22 | 6.75 | 9.56 | |||
| Debt / Equity Ratio | 0.34 | 0.38 | 0.38 | 0.13 | 0.49 | 0.65 |
| Debt / EBITDA Ratio | 2.81 | 1.93 | 0.98 | 0.28 | 1.62 | 3.63 |
| Debt / FCF Ratio | 4.19 | 1.56 | 0.55 | |||
| Net Debt / Equity Ratio | 0.25 | 0.24 | 0.14 | 0.07 | 0.48 | 0.62 |
| Net Debt / EBITDA Ratio | 17.99 | 2.68 | 0.45 | 0.18 | 2.27 | 14.40 |
| Net Debt / FCF Ratio | 3.15 | -3.87 | 0.56 | 0.31 | -4.57 | -8.63 |
| Asset Turnover | 0.98 | 1.09 | 1.57 | 1.81 | 1.67 | 1.47 |
| Inventory Turnover | 2.12 | 2.11 | 2.66 | 2.43 | 2.54 | 2.89 |
| Quick Ratio | 1.22 | 1.00 | 1.28 | 0.74 | 0.40 | 0.54 |
| Current Ratio | 2.53 | 3.09 | 2.98 | 2.31 | 1.84 | 1.90 |
| Return on Equity (ROE) | -2.23% | 2.39% | 21.60% | 27.52% | 28.65% | -29.79% |
| Return on Assets (ROA) | -1.41% | 1.20% | 10.12% | 13.01% | 4.44% | -1.26% |
| Return on Invested Capital (ROIC) | -3.21% | 2.04% | 18.80% | 23.31% | 11.08% | -3.14% |
| Return on Capital Employed (ROCE) | -3.10% | 2.50% | 17.40% | 28.60% | 9.70% | -2.80% |
| Earnings Yield | -2.50% | 2.33% | 12.19% | 11.19% | 20.83% | -31.65% |
| FCF Yield | 9.04% | -6.08% | 15.11% | 11.09% | -8.96% | -7.10% |
| Dividend Yield | 1.54% | 1.43% | 0.81% | 0.17% | ||
| Payout Ratio | 61.37% | 6.76% | 1.49% | |||
| Buyback Yield / Dilution | 2.12% | 3.67% | 0.10% | -1.21% | -1.49% | -1.24% |
| Total Shareholder Return | 3.74% | 5.10% | 0.91% | -1.04% | -1.49% | -1.24% |