Cavco Q3 fiscal 2025 net income rises 57% to $56.5 million; diluted EPS $6.90
Cavco reported results for its fiscal third quarter ended December 28, 2024, with net revenue of $522 million, up 16.8% from a year earlier, mainly on higher home sales volume. Net income attributable to common stockholders rose 56.9% to $56.5 million, and diluted earnings per share were $6.90 versus $4.27, which the company said included positive tax items and stock buybacks.
Key points
- Net revenue of $522 million, up 16.8% from $447 million, primarily on home sales volume growth of 21.6%
- Diluted EPS of $6.90 versus $4.27 a year earlier; net income attributable to common stockholders of $56.5 million
- Financial services gross profit was 55.5% of net revenue, compared with 36.8% in the prior-year quarter
- Stock repurchases were approximately $42 million in the quarter; backlogs totaled $224 million at quarter end
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:00 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 30, 2025.
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