Filing Flows › Virco Manufacturing (VIRC) › Q2 FY26
Virco Manufacturing (VIRC) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Sep 5, 2025
Virco Manufacturing (VIRC) reported revenue of $92.1M for the second quarter fiscal 2026 (Q2 FY26), -15% from a year earlier and +173% from the quarter before. Operating margin was 16.7%, net earnings $10.2M (11.1% of revenue).
Virco Manufacturing, Q2 FY26: revenue $92.1M (-15% year over year), operating margin 16.7%, net earnings $10.2M, operating cash flow $3.2M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $92.1M | +173% | -15% |
| Gross profit | $40.9M | +155% | -19% |
| Operating profit | $15.4M | — | -30% |
| Net earnings | $10.2M | 14× | -39% |
| Operating cash flow | $3.2M | — | -74% |
| Free cash flow | $1.8M | — | -83% |
What changed
Revenue was $92.1M in Q2 FY26, down 15% year over year and up 173% from the previous quarter.
Gross margin was 44.4%, down 1.9 points from a year earlier. Operating profit was $15.4M, a 16.7% margin (down 3.5 points year over year). Operating expenses fell 10% while revenue fell 15%. Net earnings were $10.2M, down 39% year over year. The effective tax rate was 28.1%.
Operating cash flow was $3.2M (down 74% year over year), 31% of net earnings. Non-cash charges added back $1.6M of depreciation and amortization and $51K of share-based compensation. Working capital and other items used $8.6M. Capital expenditures of $1.4M left free cash flow of $1.8M.
Questions
What was Virco Manufacturing's revenue in the second quarter fiscal 2026?
Virco Manufacturing (VIRC) reported revenue of $92.1M for the second quarter fiscal 2026 (Q2 FY26), -15% from a year earlier and +173% from the quarter before.
Was Virco Manufacturing profitable in the second quarter fiscal 2026?
Operating profit was $15.4M (16.7% of revenue) and net earnings $10.2M.