Virco Mfg. (VIRC) Financial Statements & Analysis

Virco Mfg. (VIRC) Income Statement

Virco Mfg. reported revenue of $199.65M in fiscal 2026 (fiscal year ended Jan 31, 2026), down 25.0% from $266.24M a year earlier. Net income was $2.57M, down 88.1% year over year, a net margin of 1.3%. Gross margin was 40.7% and operating margin 1.8%. In the most recent quarter, Q2 fiscal 2027 (ended Jul 31, 2026), revenue was $87.47M, down 19.3% from the same quarter a year earlier.

Virco Mfg. Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Virco Mfg. Corporation income statement - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Jan 2026	Jan 2025	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Apr 2020	Apr 2019	Jan 2018	Jan 2017
Revenue & Gross Profit
Revenue	199.65	266.24	269.12	231.06	184.83	152.80	193.00	200.72	189.29	173.42
Cost of Revenue	118.41	151.55	153.06	145.72	123.90	97.87	121.33	133.64	123.82	110.87
Gross Profit	81.24	114.69	116.06	85.34	60.93	54.93	71.68	67.08	65.47	62.54
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	76.22	85.54	83.89	75.51	61.27	56.37	66.45	66.01	61.53	56.60
Operating Expenses	77.58	86.84	84.18	74.70	61.27	54.19	66.45	66.01	61.53	56.60
Operating Income	3.66	27.86	31.88	10.64	-0.34	0.74	5.92	2.33	5.14	5.94
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00
Interest Expense	0.30	0.35	-2.68	-1.98	1.20	1.54	2.46	2.19	1.55	1.22
Other Income/Expense	-0.20	0.57	-2.64	-2.60	-2.20	-3.71	-3.19	-3.45	-2.73	-1.22
Income
Income Before Tax	3.46	28.42	29.24	8.04	-3.73	-2.98	2.73	-1.12	2.41	4.73
Income Tax Expense	0.90	6.78	7.33	-8.50	11.41	-0.74	0.35	0.50	5.62	-18.03
Net Income	2.57	21.64	21.91	16.55	-15.14	-2.23	2.38	-1.61	-3.21	22.76
Net Income - Continuous Operations	2.57	21.64	21.91	16.55	-15.14	-2.23	2.38	-1.61	-3.21	22.76
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-
EBITDA	9.66	34.46	35.97	14.37	2.04	3.65	10.96	6.87	9.43	10.97
EBIT	3.52	27.41	30.87	9.83	-2.53	0.74	-	-	-	-
Depreciation & Amortization	1.50	5.69	5.10	4.54	4.57	5.09	5.77	5.79	5.47	5.03
Earnings Per Share
Basic EPS	-	1.00	1.00	1.00	-1.00	-	-	-	-	2.00
Diluted EPS	-	1.00	1.00	1.00	-1.00	-	-	-	-	1.00
Basic Shares Outstanding	15.76	16.37	16.30	16.14	15.95	15.76	15.59	15.42	15.24	15.07
Diluted Shares Outstanding	15.77	16.37	16.39	16.19	15.95	15.76	15.69	15.42	15.24	15.27

Source: Company financial statements from annual and quarterly filings. Data as of Jul 31, 2026. Data sources and methodology

Frequently Asked Questions About Virco Mfg. Financial Statements

What was Virco Mfg.'s revenue in fiscal 2026?

Virco Mfg. reported revenue of $199.65M in fiscal 2026 (fiscal year ended Jan 31, 2026). That was down 25.0% from $266.24M a year earlier.

Is Virco Mfg. profitable?

Yes. Virco Mfg. earned net income of $2.57M in fiscal 2026, a net margin of 1.3%. In fiscal 2025 it earned $21.64M.

What is Virco Mfg.'s operating margin?

Virco Mfg.'s operating income was $3.66M on revenue of $199.65M in fiscal 2026, an operating margin of 1.8%, compared with 10.5% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition