Welcome to our dedicated page for VIRCO MFG CORPORATION SEC filings (Ticker: VIRC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Virco Mfg. Corporation filings document formal disclosures for a public manufacturer and supplier of furniture and equipment for educational environments and public spaces. Its Form 8-K reports cover operating results and financial condition, Regulation FD dividend disclosures, and material corporate events tied to governance and executive compensation.
Virco proxy materials describe annual meeting matters, director elections, executive pay, equity award information, auditor ratification, and shareholder voting results. The company’s filings also disclose common stock dividend practices, board discretion over capital returns, related lending-agreement covenants, and governance matters affecting its public-company reporting record.
VIRCO MFG CORPORATION (VIRC) director and Executive Vice President Douglas A. Virtue reported purchasing 3,000 shares of common stock on September 15, 2026, in an open-market or private transaction at $6.10 per share. Following this purchase, he directly holds a total of 897,408 shares of Virco common stock.
Virco Mfg. Corporation (VIRC) reported lower revenue and earnings for the quarter and six months ended July 31, 2026, but remained solidly profitable and maintained strong liquidity. Second-quarter net sales were $87.5 million, down from $92.1 million, with operating income of $10.5 million, which management notes remains above the company’s long-term average for this period. Quarterly gross margin was 40.0%, reflecting what the company describes as high revenue quality.
For the first six months, net sales were $118.2 million, a 6.1% decline from $125.8 million, and operating income declined to $6.9 million from $15.3 million. Net income for the quarter was $8.6 million, down 15.4%, and year-to-date net income was $5.8 million, down 46.5%. Virco highlighted a current ratio of 2.5, modest interest expense of $0.3 million year-to-date, and continued operation with minimal debt. Shipments plus backlog totaled $162.5 million, 2.1% lower than the prior year.
The board declared a quarterly cash dividend of $0.025 per share, payable October 9, 2026 to shareholders of record on September 18, 2026. Management is investing within an annual capital expenditures budget of $4–$6 million to pursue adjacent markets while emphasizing that full-year results are likely to remain below recent record performance.
Virco Mfg. Corporation (VIRC) reported weaker results for the quarter ended July 31, 2026 amid macro and school-budget headwinds. Quarterly net sales fell 5.0% to $87.5 million, with net income down to $8.6 million from $10.2 million as gross margin compressed to 40.0% from 44.4% on lower volume and higher material and overhead costs.
For the first six months, sales declined 6.1% to $118.2 million and net income dropped to $5.8 million from $10.9 million, though prior-year results were boosted by $2.8 million of disaster-recovery shipments versus $0.2 million this year. Despite lower earnings, operating cash burn improved to $2.8 million from $15.8 million, cash ended at $9.2 million, and there were no borrowings on the PNC revolver, with about $57 million available. Subsequent Amendment No. 8 extends the credit facility to 2031, sets a $40 million revolver expandable to $60 million, raises receivables advance rates, adds a $3 million equipment line, and eases the fixed charge coverage covenant. Backlog is about 13% above last year, although total shipments plus backlog are roughly 2% lower, and the Board continued its $0.025 quarterly dividend while also authorizing share repurchases within covenant limits.
Wade Massad, identified as a more than ten percent owner of Virco Mfg Corporation (VIRC), reported his holdings of the company’s common stock, $0.01 par value per share. He reported 49,946 shares held directly and 1,540,766 shares held indirectly through clients of Cleveland Capital Management, L.L.C., which may be deemed indirectly owned through his role as Managing Member. Massad and the related reporting persons disclaim beneficial ownership of these securities except to the extent of their pecuniary interest.
Virco Mfg Corporation has a significant shareholder group led by Cleveland Capital entities and related individuals reporting ownership under Schedule 13G/A. Cleveland Capital Management, L.L.C. and Cleveland Capital, L.P. each report beneficial ownership of 1,540,766 shares of common stock, representing 9.8% of the outstanding class, with shared voting and dispositive power over these shares.
Individual reporting persons Wade Massad and John Shiry each report beneficial ownership tied to the same 1,540,766 shares, with Massad additionally holding 49,946 shares with sole voting and dispositive power. Massad’s aggregate beneficial ownership is stated at 10.1% of the class. All reported securities are directly owned by an advisory client of Cleveland Capital Management, L.L.C., and each reporting person disclaims beneficial ownership beyond their pecuniary interest.
Virco Mfg Corporation executive vice president and director Douglas A. Virtue reported open-market purchases of the company’s common stock.
He bought 5,740 shares across July 15–16, 2026 at prices around $6 per share, bringing his direct ownership to 894,408 shares of common stock after the most recent purchase.
VIRCO MFG CORPORATION Executive Vice President Douglas A. Virtue reported open-market purchases of the company’s common stock. He bought 8,088 shares in total at prices around $6 per share on July 8, 2026 and July 9, 2026. Following these transactions, he directly owns 888,668 shares of common stock.
Virco Mfg Corporation director and Executive Vice President Douglas A. Virtue bought 1,400 shares of common stock at $6.00 per share in an open-market transaction. Following this purchase, he directly holds 880,580 shares, so the trade modestly increases an already large personal stake.
VIRCO MFG CORPORATION executive Eric Thomas Wilson, the Corporate Controller, has filed an initial ownership report on Form 3. The filing shows an indirect holding of 1,001.2677 shares of common stock through a 401(k) Plan as of the reported date, with no new buy or sell transaction disclosed.
RICHARDSON BRADLEY C reported acquisition or exercise transactions in this Form 4 filing.
Virco Mfg Corporation director Bradley C. Richardson received a compensation-related stock grant. He was awarded 12,096 shares of common stock at a reference price of $6.20 per share. After this grant, he directly holds 51,850 shares of Virco common stock.