Virco Mfg. Corporation (VIRC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 30.69M | 26.18M | 47.64M | 92.09M | 33.75M | 28.47M | 82.62M | 108.42M | 46.73M | 42.6M | 84.25M | 107.32M | 34.94M | 38.79M | 77.39M | 82.8M | 32.08M | 40.11M | 57.33M | 59.02M |
| Revenue Growth % | -9.07% | -8.04% | -42.34% | -15.06% | -27.78% | -33.18% | -1.94% | 1.02% | 33.75% | 9.83% | 8.86% | 29.62% | 8.91% | -3.29% | 35% | 40.28% | 13.1% | 109.22% | 0.19% | -0.73% |
| Cost of Goods Sold | 18M | 19.92M | 29.54M | 51.21M | 17.73M | 21.02M | 45.94M | 58.2M | 26.39M | 26.53M | 46.04M | 58.74M | 21.74M | 25.78M | 46.62M | 50.95M | 22.38M | 29.48M | 37.03M | 36.7M |
| COGS % of Revenue | 58.64% | 76.11% | 62.02% | 55.61% | 52.54% | 73.82% | 55.61% | 53.68% | 56.46% | 62.28% | 54.65% | 54.74% | 62.22% | 66.45% | 60.23% | 61.54% | 69.75% | 73.51% | 64.59% | 62.19% |
| Gross Profit | 12.7M | 6.25M | 18.09M | 40.87M | 16.02M | 7.45M | 36.68M | 50.22M | 20.35M | 16.07M | 38.21M | 48.58M | 13.2M | 13.01M | 30.78M | 31.84M | 9.71M | 10.62M | 20.3M | 22.32M |
| Gross Margin % | 41.36% | 23.89% | 37.98% | 44.39% | 47.46% | 26.18% | 44.39% | 46.32% | 43.54% | 37.72% | 45.35% | 45.26% | 37.78% | 33.55% | 39.77% | 38.46% | 30.25% | 26.49% | 35.41% | 37.81% |
| Gross Profit Growth % | -20.76% | -16.08% | -50.67% | -18.61% | -21.27% | -53.63% | -4.01% | 3.38% | 54.12% | 23.48% | 24.15% | 52.55% | 36% | 22.49% | 51.62% | 42.68% | 26.26% | 133.83% | -8.87% | -3.81% |
| Operating Expenses | 16.36M | 16.18M | 19.79M | 25.5M | 16.11M | 15.57M | 25.57M | 28.32M | 17.38M | 18.84M | 23.5M | 27.32M | 14.51M | 17.4M | 21.98M | 20.67M | 14.45M | 15.25M | 17.78M | 16.25M |
| OpEx % of Revenue | 53.29% | 61.8% | 41.53% | 27.69% | 47.74% | 54.7% | 30.94% | 26.12% | 37.18% | 44.22% | 27.9% | 25.46% | 41.54% | 44.87% | 28.4% | 24.97% | 45.04% | 38.02% | 31.02% | 27.53% |
| Selling, General & Admin | 16.36M | 14.68M | 19.79M | 25M | 15.81M | 14.27M | 25.57M | 28.02M | 17.08M | 18.84M | 23.81M | 27.48M | 14.68M | 18.46M | 22.24M | 20.87M | 14.65M | 15.65M | 18.07M | 16.98M |
| SG&A % of Revenue | 53.29% | 56.07% | 41.53% | 27.15% | 46.85% | 50.13% | 30.94% | 25.85% | 36.54% | 44.22% | 28.26% | 25.61% | 42% | 47.6% | 28.73% | 25.2% | 45.65% | 39.01% | 31.52% | 28.76% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 0 | 500K | 300K | 1000K | 0 | 300K | 300K | 0 | -301K | -161K | -161K | -1000K | -259K | -196K | -195K | -397K | -289K | -724K |
| Operating Income | -3.66M | -9.93M | -1.69M | 15.37M | -94K | -8.12M | 11.11M | 21.89M | 2.97M | -2.77M | 14.71M | 21.25M | -1.31M | -4.39M | 8.8M | 11.17M | -4.74M | -4.63M | 2.52M | 6.07M |
| Operating Margin % | -11.92% | -37.92% | -3.55% | 16.69% | -0.28% | -28.52% | 13.45% | 20.19% | 6.36% | -6.5% | 17.45% | 19.8% | -3.75% | -11.32% | 11.37% | 13.5% | -14.79% | -11.53% | 4.39% | 10.28% |
| Operating Income Growth % | -3793.62% | -22.24% | -115.23% | -29.79% | -103.16% | -193% | -24.43% | 3.01% | 326.45% | 36.91% | 67.11% | 90.21% | 72.34% | 5.06% | 249.62% | 84.15% | -10.45% | 19.94% | -56.79% | -21.35% |
| EBITDA | -2.19M | -8.41M | -149K | 16.92M | 1.44M | -6.59M | 12.56M | 23.28M | 4.3M | -1.44M | 16.01M | 22.51M | -117K | -3.24M | 9.93M | 12.3M | -3.62M | -3.49M | 3.66M | 7.21M |
| EBITDA Margin % | -7.12% | -32.15% | -0.31% | 18.38% | 4.27% | -23.16% | 15.2% | 21.47% | 9.21% | -3.37% | 19.01% | 20.98% | -0.33% | -8.35% | 12.83% | 14.86% | -11.27% | -8.69% | 6.38% | 12.21% |
| EBITDA Growth % | -251.81% | -27.62% | -101.19% | -27.29% | -66.55% | -358.87% | -21.56% | 3.38% | 3779.49% | 55.65% | 61.25% | 82.98% | 96.76% | 7.08% | 171.41% | 70.75% | -14.98% | 23.91% | -48.06% | -19.91% |
| D&A (Non-Cash Add-back) | 1.47M | 1.51M | 1.54M | 1.55M | 1.53M | 1.52M | 1.45M | 1.38M | 1.33M | 1.33M | 1.31M | 1.26M | 1.2M | 1.15M | 1.13M | 1.13M | 1.13M | 1.14M | 1.14M | 1.14M |
| EBIT | -3.6M | -9.9M | -1.77M | 14.7M | 1.38M | -7.94M | 11.28M | 22.38M | 3.39M | -2.55M | 14.23M | 21.42M | -1.17M | -5.37M | 8.76M | 10.67M | -4.94M | -5.02M | 2.23M | 5.34M |
| Net Interest Income | -106K | 330K | -40K | -205K | -385K | 157K | 24K | -322K | -208K | -119K | -765K | -1.08M | -712K | -287K | -567K | -698K | -427K | -216K | -327K | -359K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 157K | 24K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 106K | -330K | 40K | 205K | 385K | 0 | 0 | 322K | 208K | 119K | 765K | 1.08M | 712K | 287K | 567K | 698K | 427K | 216K | 327K | 359K |
| Other Income/Expense | -44K | 32K | -116K | -1.2M | 1.09M | 333K | 164K | 168K | -100K | 98K | -1.24M | -919K | -574K | -368K | -606K | -1.2M | -622K | -613K | -897K | -1.08M |
| Pretax Income | -3.7M | -9.89M | -1.81M | 14.17M | 994K | -7.79M | 11.28M | 22.06M | 2.87M | -2.67M | 13.46M | 20.34M | -1.89M | -4.76M | 8.19M | 9.97M | -5.37M | -5.24M | 1.62M | 4.99M |
| Pretax Margin % | -12.07% | -37.79% | -3.8% | 15.39% | 2.94% | -27.35% | 13.65% | 20.35% | 6.14% | -6.27% | 15.98% | 18.95% | -5.4% | -12.27% | 10.59% | 12.05% | -16.72% | -13.06% | 2.83% | 8.45% |
| Income Tax | -927K | -2.87M | -484K | 3.98M | 262K | -2.06M | 2.88M | 5.23M | 731K | -331K | 3.3M | 4.8M | -444K | -8.84M | 319K | 295K | -282K | 11.07M | 295K | 1.23M |
| Effective Tax Rate % | 25.03% | 29% | 26.76% | 28.12% | 26.36% | 26.41% | 25.5% | 23.7% | 25.46% | 12.38% | 24.54% | 23.61% | 23.54% | 185.63% | 3.89% | 2.96% | 5.26% | -211.36% | 18.21% | 24.57% |
| Net Income | -2.78M | -7.02M | -1.32M | 10.19M | 732K | -5.73M | 8.4M | 16.83M | 2.14M | -2.34M | 10.16M | 15.53M | -1.44M | 4.08M | 7.88M | 9.68M | -5.08M | -16.31M | 1.32M | 3.76M |
| Net Margin % | -9.05% | -26.83% | -2.78% | 11.06% | 2.17% | -20.13% | 10.17% | 15.53% | 4.58% | -5.5% | 12.06% | 14.47% | -4.13% | 10.51% | 10.18% | 11.69% | -15.85% | -40.67% | 2.31% | 6.37% |
| Net Income Growth % | -479.37% | -22.58% | -115.77% | -39.49% | -65.79% | -144.66% | -17.31% | 8.36% | 248.4% | -157.46% | 29.02% | 60.48% | 71.64% | 124.99% | 494.34% | 157.45% | -30.06% | -193.01% | -70.42% | 5.83% |
| Net Income (Continuing) | -2.78M | -7.03M | -1.32M | 10.19M | 732K | -5.73M | 8.4M | 16.83M | 2.14M | -2.34M | 10.16M | 15.53M | -1.44M | 4.08M | 7.88M | 9.68M | -5.08M | -16.31M | 1.32M | 3.76M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.18 | -0.44 | -0.08 | 0.65 | 0.05 | -0.35 | 0.52 | 1.04 | 0.13 | -0.14 | 0.62 | 0.95 | -0.09 | 0.25 | 0.48 | 0.60 | -0.32 | -1.01 | 0.08 | 0.24 |
| EPS Growth % | -487.93% | -25.71% | -116.17% | -37.5% | -64.31% | -150% | -16.13% | 9.47% | 246.07% | -156% | 29.17% | 58.33% | 72.19% | 124.75% | 500% | 150% | -28% | -188.57% | -71.43% | 4.35% |
| EPS (Basic) | -0.18 | -0.44 | -0.08 | 0.65 | 0.05 | -0.35 | 0.52 | 1.04 | 0.13 | -0.14 | 0.62 | 0.95 | -0.09 | 0.25 | 0.49 | 0.60 | -0.32 | -1.02 | 0.08 | 0.24 |
| Diluted Shares Outstanding | 15.73M | 15.77M | 15.76M | 15.74M | 15.77M | 16.37M | 16.3M | 16.21M | 16.39M | 16.35M | 16.43M | 16.29M | 16.21M | 16.21M | 16.25M | 16.11M | 16.03M | 16.08M | 16.08M | 15.93M |
| Basic Shares Outstanding | 15.73M | 15.76M | 15.76M | 15.74M | 15.76M | 16.36M | 16.29M | 16.21M | 16.26M | 16.35M | 16.35M | 16.27M | 16.21M | 16.21M | 16.21M | 16.11M | 15.89M | 16.03M | 16.03M | 15.92M |
| Dividend Payout Ratio | - | - | - | 3.87% | 53.69% | - | 4.84% | 1.94% | 15.28% | - | - | - | - | - | - | - | - | - | - | - |