Welcome to our dedicated page for Virco Mfg 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 executive Douglas A. Virtue bought additional company stock in the open market. On this Form 4, he purchased 1,314 shares of common stock at $5.9997 per share and held 879,180 shares directly after the transaction, indicating a relatively small, incremental increase in his stake.
Virco Mfg. Corporation reported a seasonally weak first quarter with a return to loss. For the three months ended April 30, 2026, net sales were $30.7 million, down 9.1% from the prior year, and the company recorded a net loss of $2.8 million versus net income of $0.7 million a year earlier.
Gross margin fell to 41.4% from 47.5%, as lower volume and higher material costs, including effects from Middle East–linked energy and resin prices, pressured profitability. Selling, general and administrative expenses rose to 53.3% of sales, partly due to a higher mix of full-service deliveries and fixed costs on a smaller revenue base.
Despite the loss, operating cash outflow improved to $9.4 million from $19.0 million, helped by tighter inventory management. Virco ended the quarter with $3.7 million in cash, no borrowings on its revolving credit line and approximately $36.4 million of availability, and it continued returning capital through dividends and $0.2 million of share repurchases. The company has paid about $1.0 million in now-unconstitutional IEEPA tariffs and has begun seeking refunds, but has not yet recognized any related receivable.
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 is holding its 2026 Annual Meeting on June 16, 2026 at its Torrance, California headquarters. Stockholders will vote on electing two Class I directors, an advisory “Say‑on‑Pay” resolution on named executive officer compensation, and ratifying Baker Tilly US, LLP as auditor for the fiscal year ending January 31, 2027.
The record date is April 24, 2026, with 15,729,543 common shares entitled to vote, using one‑share‑one‑vote with optional cumulative voting for directors. Virco emphasizes a simple, company‑wide executive pay structure centered on its Entrepreneurial Salaried Bonus Plan, under which no bonuses were paid for fiscal 2026, and discloses that the extended Virtue family collectively holds about 30% of outstanding shares.
Virco Mfg Corporation Executive Vice President and director Douglas A. Virtue increased his personal stake through two open-market purchases of common stock. On April 15, 2026, he bought 11,678 shares at $6.09 per share, and on April 14, 2026, he bought 4,349 shares at $6.07 per share. These transactions total 16,027 shares, leaving him with 877,866 shares of Virco common stock held directly after the most recent trade.
VIRCO MFG CORPORATION director Robert R. Lind made a small open-market purchase of company stock. He bought 500 shares of Common Stock at $6.07 per share. After this transaction, he directly owns 119,890 shares, modestly increasing his personal stake in the company.
VIRCO MFG CORPORATION CEO Robert A. Virtue bought a total of 2,700 shares of common stock in open-market purchases at $6.22 per share. After these transactions, he directly owns 501,824 shares, indicating a small, incremental increase to an already substantial personal stake.
VIRCO MFG CORPORATION director Bradley C. Richardson bought additional common shares in open-market transactions. He purchased 1,600 shares of common stock on April 10 at $5.59 per share and 400 shares on April 13 at $5.63 per share. After these purchases, he directly owns 39,754 shares of VIRCO MFG CORPORATION common stock.
Virco Mfg Corporation CEO Robert A. Virtue reported an open-market purchase of 3,300 shares of common stock at $5.52 per share. After this transaction, he directly holds 499,124 shares of Virco common stock, indicating a modest increase in his personal stake.