Virco Mfg. Corporation
NASDAQ:VIRC · NASDAQ Global Market
+$0.09 today
Vol 0.06M · Avg 0.04M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NASDAQ:VIRC · Revenue to Net Income
Key Ratios
Analysis
$196.6M of revenue converted into -$940.0K of net income for the selected period. Gross margin is 36.9% and net margin is -6.9%, showing how much revenue survives after costs and taxes. EPS is $-0.05, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $199.7M -25.0% | $266.2M -1.1% | $269.1M +16.5% | $231.1M +25.0% | $184.8M | $1.0B | $809.6M | $921.6M |
| Cost of Revenue | $118.4M -21.9% | $151.5M -1.0% | $153.1M +5.0% | $145.7M +17.6% | $123.9M | $344.8M | $725.6M | $804.0M |
| Gross Profit | $81.2M -29.2% | $114.7M -1.2% | $116.1M +36.0% | $85.3M +40.1% | $60.9M | $10.3B | $8.9B | $7.6B |
| Gross Margin | 40.7% -2.4pp | 43.1% -0.0pp | 43.1% +6.2pp | 36.9% +4.0pp | 33.0% | 45.5% | 9.8% | 28.9% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $378.4M | $983.2M | $1.3B |
| Selling, General & Admin | $76.1M -11.1% | $85.5M +3.2% | $82.9M +11.0% | $74.7M +17.7% | $63.5M | $1.4B | $620.6M | $923.0M |
| Operating Expenses | $77.6M -10.7% | $86.8M +3.2% | $84.2M +12.7% | $74.7M +21.9% | $61.3M | $3.6B | $5.3B | $7.0B |
| Depreciation & Amortization | $6.1M +7.9% | $5.7M +11.6% | $5.1M +12.2% | $4.5M -0.6% | $4.6M | $1.2B | $374.2M | $1.2B |
| EBITDA | $9.9M -71.3% | $34.5M -6.9% | $37.0M +154.2% | $14.6M +615.0% | $2.0M | $12.6B | -$15.2B | $6.8B |
| EBITDA Margin | 5.0% -8.0pp | 12.9% -0.8pp | 13.8% +7.5pp | 6.3% +5.2pp | 1.1% | 10.0% | 5.6% | 46.3% |
| Operating Income | $3.7M -86.9% | $27.9M -12.6% | $31.9M +199.5% | $10.6M +3267.9% | -$336.0K | $10.6B | $12.3B | $14.0B |
| Operating Margin | 1.8% -8.6pp | 10.5% -1.4pp | 11.8% +7.2pp | 4.6% +4.8pp | -0.2% | 18.7% | 16.6% | 24.1% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $1.3B | -$1.5B | -$1.6B |
| Interest Expense | $300.0K -14.0% | $349.0K -87.0% | $2.7M +35.4% | $2.0M +65.6% | $1.2M | $969.2M | $1.1B | $1.0B |
| Other Income / Expenses | -$196.0K -134.7% | $565.0K +121.4% | -$2.6M -1.4% | -$2.6M +23.3% | -$3.4M | -$1.6B | -$1.5B | $1.4B |
| Income Before Tax | $3.5M -87.8% | $28.4M -2.8% | $29.2M +263.5% | $8.0M +315.7% | -$3.7M | -$15.6B | $3.3B | $4.9B |
| Pre-Tax Margin | 1.7% -8.9pp | 10.7% -0.2pp | 10.9% +7.4pp | 3.5% +5.5pp | -2.0% | 13.3% | 20.8% | 18.7% |
| Income Tax Expense | $895.0K -86.8% | $6.8M -7.5% | $7.3M +186.2% | -$8.5M -174.5% | $11.4M | $666.8M | $1.3B | -$1.6B |
| Net Income | $2.6M -88.1% | $21.6M -1.2% | $21.9M +32.4% | $16.5M +209.3% | -$15.1M | $5.0B | $4.9B | $4.8B |
| Net Margin | 1.3% -6.8pp | 8.1% -0.0pp | 8.1% +1.0pp | 7.2% +15.4pp | -8.2% | 7.4% | 12.4% | 17.5% |
| EPS (Basic) | $0 -87.9% | $1 -1.5% | $1 +30.1% | $1 +208.4% | -$1 | $1.2B | $400.8M | $703.2M |
| EPS (Diluted) | $0 -87.9% | $1 -1.5% | $1 +31.4% | $1 +207.4% | -$1 | $620.6M | $766.2M | $609.4M |
| Weighted Avg Shares | $15.8M -3.7% | $16.4M +0.4% | $16.3M +0.9% | $16.1M +1.2% | $16.0M | $892.2M | $757.8M | $925.8M |
| Weighted Avg Shares (Diluted) | $15.8M -3.7% | $16.4M -0.1% | $16.4M +1.2% | $16.2M +1.5% | $16.0M | $319.6M | $1.2B | $924.4M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Flexsteel Industries, Inc.
NASDAQ:FLXS
$346.29M
Fossil Group, Inc.
NASDAQ:FOSL
$248.97M
Traeger, Inc.
NYSE:COOK
$205.16M
Hooker Furnishings Corporation
NASDAQ:HOFT
$167.56M
Bassett Furniture Industries, Incorporated
NASDAQ:BSET
$136.58M
Kewaunee Scientific Corporation
NASDAQ:KEQU
$106.63M
Purple Innovation, Inc.
PRPL
$46.38M
Sleep Number Corporation
SNBR
$5.09M
iRobot Corporation
IRBT
$1.72M
Chijet Motor Company, Inc.
CJET
$555,536.00
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does VIRC generate?
Virco Mfg. Corporation (VIRC) reported $199.65M of revenue in fiscal 2026.
Is VIRC profitable?
Virco Mfg. Corporation (VIRC) reported $2.57M of net income, with a net margin of 1.3%.
Explore More
Continue the stock analysis
Jump to another research area for this company.