Every 8-K that Virco Mfg. Corporation (VIRC) 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 8-K covers material events a company has to report between its quarterly reports, so if you follow VIRC 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 VIRC filings page.
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 reported the results of its 2026 Annual Meeting of Stockholders held on June 16, 2026. A total of 15,729,543 shares were entitled to vote, and 13,708,014 shares were represented in person or by proxy.
Stockholders elected Craig L. Levra and Robert R. Lind as Class I directors, with Levra receiving 9,338,778 votes for and Lind receiving 10,734,056 votes for. An advisory vote approved the compensation of named executive officers, and stockholders ratified the appointment of Baker Tilly US, LLP as independent registered public accounting firm for the fiscal year ending January 31, 2027.
Virco Mfg. Corporation reported a first quarter net loss of $2.8 million for the period ended April 30, 2026, as net sales fell to $30.7 million, a 9.1% decline from $33.8 million a year earlier. The company cited slowing demand and the absence of last year’s backlog overhang, with gross margin narrowing from 47.5% to 41.4%.
“Shipments plus Backlog” was $103.7 million, down 1.8% from $105.6 million, while inventories decreased from $74.0 million to $68.3 million and cash rose to $3.7 million from $0.9 million. Shareholder returns in the quarter totaled $0.6 million, including $0.2 million of buybacks and $0.4 million of dividends.
The Board declared a second fiscal quarter cash dividend of $0.025 per share, payable July 10, 2026, to stockholders of record on June 19, 2026, while noting future dividends remain at the Board’s discretion and subject to lending agreement covenants.
Virco Mfg. Corporation reported full-year net income of $2.6 million on net sales of $199.7 million for the year ended January 31, 2026, down sharply from the prior year’s profit. Fourth-quarter revenue was $26.2 million, an 8.1% decline from $28.5 million, and the quarter produced a larger operating loss of $9.9 million.
The company ended the year with cash of $14.4 million and a current ratio of 3.1, while returning $5.6 million to shareholders through dividends and share repurchases. Management notes that its “shipments plus backlog” metric is about 3% below last year, but early order rates are running ahead of the prior year by low double digits, suggesting demand in the school furniture market may be normalizing after COVID-era disruptions.
Virco Mfg. Corporation declared a cash dividend for its first fiscal quarter of $0.025 per share on its common stock. The dividend will be paid on April 10, 2026 to stockholders of record as of the close of business on March 20, 2026.
The company states it currently intends to pay dividends on a quarterly basis after review and approval by the Board of Directors. However, future dividends and their amounts remain at the Board’s discretion and are also limited by restrictive covenants in the company’s lending agreements.
Virco Mfg. Corporation filed an 8-K disclosing two routine items. The company issued a press release announcing financial results for its second fiscal quarter ended July 31, 2025, attached as Exhibit 99.1. The Board declared a cash dividend of $0.025 per common share for the second fiscal quarter, payable October 10, 2025 to shareholders of record on September 19, 2025. The company states it currently intends quarterly dividends but notes future declarations are at the Board's discretion and may be limited by lending covenants; no assurance dividends will continue.
Virco Mfg. Corporation filed an 8-K to disclose two routine corporate governance matters.
Compensation update: on 19 June 2025 the Board’s Compensation Committee set the base salary of recently appointed Chief Financial Officer Bassey Yau at $340,000. Ms. Yau assumed the CFO role on 30 April 2025.
2025 Annual Meeting results (17 June 2025): of 15,738,138 shares entitled to vote, 12,824,228 (81.5%) were represented in person or by proxy. Shareholders elected the two Class III director nominees for terms expiring at the 2028 meeting.
- Bradley Richardson: 10,089,840 for / 1,293,051 withheld / 1,441,337 broker non-votes
- Douglas A. Virtue: 10,575,131 for / 807,760 withheld / 1,441,337 broker non-votes
Shareholders also ratified Moss Adams LLP as independent registered public accounting firm for the fiscal year ending 31 Jan 2026 with 12,637,924 for, 173,568 against and 12,736 abstentions.
No other material events, financial results or strategic transactions were reported.