Every material Form 8-K VIRCO MFG CORPORATION has filed with the SEC since April 08, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Virco reported second-quarter results for the period ended July 31, 2026, with net sales of $87.5 million, down from $92.1 million a year earlier, and net income of $8.6 million, down from $10.2 million. For the six months, net sales fell 6.1% to $118.2 million and net income fell 46.5% to $5.8 million, and management said recent demand trends are unlikely to meaningfully improve full-year results. The board also declared a $0.025 quarterly dividend payable October 9, 2026.
Q2 net sales of $87.5 million vs. $92.1 million; Q2 net income of $8.6 million vs. $10.2 million (down 15.4%)
Six-month net sales of $118.2 million, down 6.1% from $125.8 million; six-month net income of $5.8 million vs. $10.9 million (down 46.5%)
Management said school budget uncertainty caused cautious spending in the first two quarters and that recent trends are unlikely to meaningfully improve full-year results
Board declared a $0.025 per share dividend, payable October 9, 2026 to holders of record on September 18, 2026
Virco Mfg. Corporation reported a first-quarter net loss of $2.8 million for the quarter ended April 30, 2026, compared with net income of $0.7 million a year earlier, as net sales fell 9.1% to $30.7 million. The company said the decline reflects lower shipments after the prior year's backlog overhang ended, and it declared a $0.025 per share quarterly dividend.
Net sales were $30.7 million, down 9.1% from $33.8 million a year earlier.
Net loss was $2.8 million, or $0.18 per share, versus net income of $0.7 million, or $0.05 per share, last year.
Gross margin declined to 41.4% from 47.5%.
Quarterly dividend of $0.025 per share is payable July 10, 2026 to holders of record as of June 19, 2026.
Virco reported fiscal 2026 net income of $2.6 million on revenue of $199.7 million, compared with $21.6 million and $266.2 million in fiscal 2025. Fourth-quarter revenue fell 8.1% to $26.2 million and the operating loss widened to $9.9 million, and the company said shipments plus backlog were about 3% lower than a year earlier. The company also said incoming order rates were up by low double digits, and it does not present these metrics as guidance.
Full-year net income was $2.6 million, or $0.16 per diluted share, versus $21.6 million, or $1.32 per diluted share, in fiscal 2025.
Fourth-quarter revenue was $26.2 million, down 8.1% from $28.5 million, and the operating loss was $9.9 million versus $8.1 million a year earlier.
Shareholder distributions totaled $5.6 million, including $1.6 million in dividends and $4.0 million in share repurchases; cash ended the year at $14.4 million.
As of April 8, 2026, shipments plus backlog were about 3% lower than last year, while incoming order rates were running ahead of the prior year by low double digits.
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