Filing Flows › Virco Manufacturing (VIRC) › Q2 FY27 › vs Q1 FY27
Virco Manufacturing (VIRC) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Virco Manufacturing's revenue rose $56.8M (+185%) from $30.7M in Q1 FY27 to $87.5M in Q2 FY27. Gross margin 40.0% against 41.4% (-1.3 pts).
Virco Manufacturing, Q2 FY27: revenue $87.5M (-5% year over year), operating margin 12.1%, net earnings $8.6M, operating cash flow $6.5M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Gross margin | 40.0% | 41.4% | -1.3 pts |
| Operating margin | 12.1% | -11.9% | +24.0 pts |
| Net margin | 9.8% | -9.0% | +18.9 pts |
| Free cash flow margin | 6.8% | -32.8% | +39.5 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Revenue | $87.5M | $30.7M | $56.8M | +185% |
| Gross profit | $35.0M | $12.7M | $22.3M | +176% |
| Cost of revenue | $52.5M | $18.0M | $34.5M | +191% |
| Other income, net | $689K | −$44K | $733K | — |
| Operating profit | $10.5M | −$3.7M | $14.2M | — |
| Operating expenses | $24.5M | $16.4M | $8.1M | +50% |
| Pre-tax earnings | $11.2M | −$3.7M | $14.9M | — |
| Net earnings | $8.6M | −$2.8M | $11.4M | — |
| Income tax | $2.6M | −$927K | $3.5M | — |
| Depreciation & amortization | $1.4M | $1.5M | −$35K | -2% |
| Share-based compensation | $51K | $47K | $4K | +9% |
| Working capital & other | $3.6M | $8.1M | −$4.5M | -56% |
| Operating cash flow | $6.5M | −$9.4M | $15.9M | — |
| Free cash flow (OCF − capex) | $5.9M | −$10.1M | $16.0M | — |
| Capital expenditures | $602K | $699K | −$97K | -14% |
Questions
How much did Virco Manufacturing's revenue grow quarter over quarter in Q2 FY27?
Virco Manufacturing's revenue rose $56.8M (+185%) from $30.7M in Q1 FY27 to $87.5M in Q2 FY27. Gross margin 40.0% against 41.4% (-1.3 pts).