Every 10-Q that Cavco Industries Inc. (CVCO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CVCO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CVCO filings page.
Cavco Industries reported fiscal first‑quarter 2027 net revenue of $609,959 thousand, up 9.5% year over year, driven mainly by the American Homestar acquisition, which contributed $52,800 thousand. Factory‑built housing revenue reached $585,972 thousand and financial services revenue $23,987 thousand.
Gross profit increased to $134,590 thousand, though the consolidated margin slipped to 22.1% from 23.3% as input costs rose and selling, general and administrative expenses grew 18.3%, including $7,300 thousand from American Homestar. Net income declined to $42,271 thousand, with diluted EPS of $5.43 versus $6.42. The effective tax rate rose to 24.2% from 20.9%, which management links primarily to reduced Energy Star tax credits after repeal for homes acquired after June 30, 2026. Cash, cash equivalents and restricted cash totaled $266,217 thousand, supported by $74,452 thousand of operating cash flow. The company reported a $298 million order backlog, no borrowings under its $75 million revolving credit facility, and repurchased 59,986 shares for approximately $30.0 million, leaving $188 million available under its authorization.
Cavco Industries reported higher sales but mixed profitability for the quarter ended December 27, 2025. Net revenue rose to $580.994 million from $522.040 million, driven mainly by factory-built housing, where revenue increased to $558.497 million and financial services revenue also grew modestly.
Quarterly net income declined to $44.067 million from $56.462 million as gross margin compressed to 23.4% and factory-built housing margins eased, while selling, general and administrative costs rose with higher compensation and acquisition-related expenses. For the nine-month period, revenue climbed to $1.694 billion and net income improved to $148.090 million, reflecting overall growth.
Cavco completed the $179.9 million acquisition of American Homestar, adding two plants, 19 retail locations and contributing $42.0 million of net revenue and $2.4 million of net income in the quarter. The balance sheet remained strong with $242.472 million in cash, cash equivalents and restricted cash, no borrowings under a $75 million revolving credit facility, and stockholders’ equity of $1.089 billion.
Cavco Industries (CVCO) reported stronger quarterly results. For the three months ended September 27, 2025, net revenue was $556,527 thousand, up from $507,461 thousand. Gross margin improved to 24.2%, and net income rose to $52,381 thousand with diluted EPS of $6.55.
Factory-built housing remained the engine, delivering $535,117 thousand in revenue, while Financial services contributed $21,410 thousand. Operating cash flow for the six-month period reached $133,994 thousand, supporting capital spending and share repurchases. Cash and cash equivalents were $374,978 thousand, and there were no borrowings outstanding on the $75 million revolving credit facility.
The company repurchased 67,070 shares in the quarter, including purchases at an average price of $549.73 late in the period, with $141,681 thousand remaining under the May 2025 authorization as of quarter-end. Backlog was $210 million, up from $197 million at March 29, 2025. Subsequent event: Cavco completed the $190 million cash acquisition of American Homestar, adding two plants, nineteen retail locations and financial services, strengthening its South Central U.S. footprint.