NASDAQ$VIRC
Virco Mfg Corporation · Q3 2025 earnings
Q3 2025 earnings · · Before market open · Investor relations
Briefing
Virco reported a net loss of $1.3 million in Q3 2025 as revenue declined sharply compared to the previous year.
Virco faced a challenging third quarter due to a slowdown in school furniture demand, leading to a significant drop in revenue and a net loss. The company cited the expiration of stimulus funds as a contributing factor but noted early signs of stabilization.
- Revenue dropped to $47.6 million from $82.6 million last year.
- The company reported a net loss of $1.3 million versus a profit of $8.4 million in Q3 2024.
- Gross margin fell to 38.0%, down from 44.4% in the prior year.
- Order backlog nearly matched last year, indicating early signs of demand stabilization.
Headline financials
Revenue & EPS history
Virco · Revenue · Quarterly
$47.6M
Forward guidance
Virco did not provide specific financial guidance but signaled stabilization in demand and a cautious outlook as bid season approaches.
Tailwinds
- Unshipped backlog nearly matched prior year levels.
- Management sees potential recovery similar to post-pandemic rebound.
- Current ratio of 3.98 highlights improved liquidity.
- Backlog and shipments metric shows signs of stabilizing.
- Company is actively exploring adjacent market opportunities.
Headwinds
- Revenue and net income declined significantly year-over-year.
- Expiration of ESSER stimulus funds has slowed demand.
- Production and sales levels are lower due to market downturn.
- SG&A expenses still represent over 41% of sales.
- Company anticipates continued uncertainty in school budgets and planning.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2025
+0.2%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+2.8%
Avg return
30 days after
45%
27 / 60 earnings
Positive
+44.4%
Q1 2024
Best reaction
-23.2%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +0.3% | +13.3% | +7.1% | |
| Q3 2025 | -5.8% | -8.6% | -11.8% | |
| Q3 2026 | -6.0% | -8.6% | -11.8% | |
| Q2 2026 | +1.7% | -6.8% | -14.1% | |
| Q2 2025 | +1.7% | -6.8% | -14.1% | |
| Q4 2024 | +1.8% | -0.3% | -11.1% | |
| Q3 2024 | -23.2% | -28.0% | -41.4% | |
| Q2 2024 | -3.1% | +6.9% | -1.8% | |
| Q1 2025 | -1.4% | -12.2% | -15.3% | |
| Q1 2024 | +44.4% | +53.6% | +19.1% | |
| Q4 2023 | -9.1% | -7.6% | +12.0% | |
| Q3 2023 | +29.0% | +35.9% | +77.5% | |
| Q2 2023 | +11.6% | +21.8% | +59.7% | |
| Q1 2023 | +13.7% | +4.6% | +10.8% | |
| Q4 2022 | -4.4% | -0.3% | -2.1% | |
| Q3 2022 | +5.7% | -1.2% | +19.0% | |
| Q2 2022 | +8.9% | +11.9% | -3.5% | |
| Q1 2022 | +1.2% | -3.8% | +3.8% | |
| Q4 2021 | -4.3% | -11.4% | -7.4% | |
| Q3 2021 | -4.6% | -3.4% | -3.4% | |
| Q2 2021 | -0.8% | +2.8% | -3.7% | |
| Q1 2021 | -1.9% | -1.9% | -0.8% | |
| Q4 2020 | +7.6% | +3.0% | +2.3% | |
| Q4 2019 | -3.7% | -13.9% | -4.9% | |
| Q3 2019 | +2.5% | +7.6% | +7.1% | |
| Q2 2019 | -9.4% | -11.1% | -6.1% | |
| Q1 2019 | +2.9% | +4.1% | +1.7% | |
| Q4 2018 | -11.7% | -10.4% | -8.8% | |
| Q3 2018 | -6.3% | -7.2% | +1.6% | |
| Q2 2018 | -4.9% | -4.9% | +2.4% | |
| Q1 2018 | +1.1% | +1.1% | -2.0% | |
| Q4 2017 | +2.5% | +3.7% | +13.6% | |
| Q3 2017 | -4.9% | -12.6% | -7.8% | |
| Q2 2017 | -5.0% | -2.5% | -9.2% | |
| Q1 2017 | +8.9% | +3.3% | +17.8% | |
| Q4 2016 | +4.5% | +2.3% | +2.3% | |
| Q3 2016 | -4.8% | -3.8% | +1.5% | |
| Q2 2016 | -3.9% | -1.9% | -1.4% | |
| Q1 2016 | +10.7% | +10.7% | +31.2% | |
| Q4 2015 | +0.0% | — | — | |
| Q3 2015 | +0.3% | — | — | |
| Q2 2015 | +14.0% | — | — | |
| Q1 2015 | +2.7% | — | — | |
| Q4 2014 | -0.7% | — | — | |
| Q3 2014 | -15.0% | — | — | |
| Q2 2014 | +2.6% | — | — | |
| Q1 2014 | +3.7% | — | — | |
| Q4 2013 | -11.5% | — | — | |
| Q3 2013 | +1.0% | — | — | |
| Q2 2013 | +0.9% | — | — | |
| Q1 2013 | -4.6% | — | — | |
| Q4 2012 | -12.9% | — | — | |
| Q3 2012 | +5.0% | — | — | |
| Q1 2012 | +0.0% | — | — | |
| Q4 2010 | -4.7% | — | — | |
| Q3 2011 | -6.4% | — | — | |
| Q4 2011 | -0.5% | — | — | |
| Q2 2011 | -0.5% | — | — | |
| Q2 2012 | -0.5% | — | — | |
| Q1 2011 | -2.2% | — | — |
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