Filing Flows › Virco Manufacturing (VIRC) › Q1 FY27
Virco Manufacturing (VIRC) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 3, 2026
Virco Manufacturing (VIRC) reported revenue of $30.7M for the first quarter fiscal 2027 (Q1 FY27), -9% from a year earlier and +17% from the quarter before. Operating margin was -11.9%, net loss $2.8M (9.0% of revenue).
Virco Manufacturing, Q1 FY27: revenue $30.7M (-9% year over year), operating margin -11.9%, net loss $2.8M, operating cash flow −$9.4M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $30.7M | +17% | -9% |
| Operating profit | −$3.7M | — | — |
| Net earnings | −$2.8M | — | -479% |
| Operating cash flow | −$9.4M | — | — |
What changed
Revenue was $30.7M in Q1 FY27, down 9% year over year and up 17% from the previous quarter.
Gross margin was 41.4%, down 6.1 points from Q1 FY26. Operating costs exceeded revenue by $3.7M, an operating margin of -11.9%. Operating expenses grew 1% against a revenue fall of 9%. The quarter ended with a net loss of $2.8M, narrower than the previous quarter's $7.0M loss.
Operating cash flow was −$9.4M. Non-cash charges added back $1.5M of depreciation and amortization and $47K of share-based compensation. Working capital and other items used $8.1M. Capital expenditures of $699K exceeded it, leaving free cash flow of −$10.1M.
Questions
What was Virco Manufacturing's revenue in the first quarter fiscal 2027?
Virco Manufacturing (VIRC) reported revenue of $30.7M for the first quarter fiscal 2027 (Q1 FY27), -9% from a year earlier and +17% from the quarter before.
Was Virco Manufacturing profitable in the first quarter fiscal 2027?
Operating loss was $3.7M (-11.9% of revenue) and net loss $2.8M.