Inferra AI / Company / CVCO
Cavco Industries, Inc.
CVCO · Materials
Last earnings Oct 29, 2026
Key results
Net revenuequarter
$557 million
Quarterly Highlights Net revenue was $557 million, up $79 million or 16.6% compared to $478 million in the first quarter of the prior year, primarily on home sales volume growth.
SEC original ↗Cavco Industries, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025
Growthquarter
up $79 million
Quarterly Highlights Net revenue was $557 million, up $79 million or 16.6% compared to $478 million in the first quarter of the prior year, primarily on home sales volume growth.
SEC original ↗Cavco Industries, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025
Factory-built housing Gross profit as a percentage of Net revenue was 22.6%, unchanged from the same period in the prior year.
SEC original ↗Cavco Industries, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025
Financial services Gross profit as a percentage of Net revenue was 40.9%, compared to
SEC original ↗Cavco Industries, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025
Net incomequarter
$6.42
Net income per diluted share attributable to Cavco common stockholders was $6.42, up 56% , compared to $4.11 in the prior year quarter on higher Factory-built housing volume and stronger Financial services results.
SEC original ↗Cavco Industries, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025
Revenuequarter
$556,857 thousand
Net revenue $ 556,857 $ 477,599
SEC original ↗Cavco Industries, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025
Gross marginquarter
$129,506 thousand
Gross profit 129,506 103,402
SEC original ↗Cavco Industries, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025
AI analysis
Q2 2025 · reported Jul 31, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
The quarter in charts
Headline figures
| Metric | Q2 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Net revenue | $557 million | — | $478 million |
| Growth | up $79 million | — | $478 million |
| Net income | $6.42 | — | $4.11 |
| Revenue | $556,857 thousand | — | — |
| Gross margin | $129,506 thousand | — | — |
Guidance · company-stated
No guidance located in the held release
Margin
Capital allocation
Stock repurchases were approximately $50 million in the quarter.
$178 million remains available for repurchases under our previously announced Board authorizations.
Event summary
Net income per diluted share attributable to Cavco common stockholders was $6.42, up 56% , compared to $4.11 in the prior year quarter on higher Factory-built housing volume and stronger Financial services results
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Stock repurchases were approximately $50 million in the quarter.
SEC original ↗Cavco Industries, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025
$178 million remains available for repurchases under our previously announced Board authorizations.
SEC original ↗Cavco Industries, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025
Debt We are party to an Amended and Restated Credit Agreement among the Company, Bank of America, N.
SEC original ↗Cavco Industries, Inc. — 10-Q Quarterly report10-QJul 31, 2026
, as administrative agent, swing line lender, letter of credit issuer, and the guarantors party thereto (the "Credit Agreement"), providing for a $ 75 million revolving credit facility (the "Revolving Credit Facility"), including a $ 10 million letter of credit sub-facility.
SEC original ↗Cavco Industries, Inc. — 10-Q Quarterly report10-QJul 31, 2026
The Revolving Credit Facility matures on November 12, 2029.
SEC original ↗Cavco Industries, Inc. — 10-Q Quarterly report10-QJul 31, 2026
The Revolving Credit Facility is guaranteed, on a joint and several basis, by certain of the Company's subsidiaries.
SEC original ↗Cavco Industries, Inc. — 10-Q Quarterly report10-QJul 31, 2026
Strategy & priorities
Forward-looking statements are often characterized by the use of words such as "believes," "estimates," "expects," "projects," "may," "will," "intends," "plans," or "anticipates," or by discussions of strategy, plans or intentions.
SEC original ↗Cavco Industries, Inc. — 10-Q Quarterly report10-QJul 31, 2026
Forward-looking statements include, for example, discussions regarding the manufactured housing and site-built housing industries; discussions regarding our efforts and the efforts of other industry participants to develop the home-only loan secondary market; our financial performance and operating results; our strategy; our liquidity and financial resources; our outlook with respect to Cavco Industries, Inc.
SEC original ↗Cavco Industries, Inc. — 10-Q Quarterly report10-QJul 31, 2026
We are focused on building quality, energy efficient homes for the modern home buyer.
SEC original ↗Cavco Industries, Inc. — 10-Q Quarterly report10-QJul 31, 2026
Our green building initiatives involve the creation of an energy efficient envelope, including higher utilization of renewable materials and provide lower utility costs.
SEC original ↗Cavco Industries, Inc. — 10-Q Quarterly report10-QJul 31, 2026
While these initiatives support our ongoing efforts to expand product distribution, they also expose us to risks associated with the creditworthiness of this customer base and our inventory financing partners.
SEC original ↗Cavco Industries, Inc. — 10-Q Quarterly report10-QJul 31, 2026
Risks & headwinds
These forward-looking statements reflect Cavco's current expectations and projections with respect to our expected future business and financial performance, including, among other things (i) expected financial performance and operating results, such as revenue and gross margin percentage (ii) our liquidity and financial resources (iii) our outlook with respect to the Company and the manufactured housing business in general (iv) the expected effect of certain risks and uncertainties on our business and (iv) the strength of Cavco's business model.
SEC original ↗Cavco Industries, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025
Legal Proceedings 25 Item 1A.
SEC original ↗Cavco Industries, Inc. — 10-Q Quarterly report10-QJul 31, 2026
Due to uncertainties, actual results could differ from the estimates and assumptions used in preparation of the Consolidated Financial Statements.
SEC original ↗Cavco Industries, Inc. — 10-Q Quarterly report10-QJul 31, 2026
We are party to certain lawsuits in the ordinary course of business.
SEC original ↗Cavco Industries, Inc. — 10-Q Quarterly report10-QJul 31, 2026
However, future events or circumstances that may currently be unknown to management will determine whether the resolution of pending or threatened litigation or claims will ultimately have a material effect on our consolidated financial position, liquidity or results of operations in any future reporting periods.
SEC original ↗Cavco Industries, Inc. — 10-Q Quarterly report10-QJul 31, 2026
Forward-looking statements involve risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements, many of which are beyond our control.
SEC original ↗Cavco Industries, Inc. — 10-Q Quarterly report10-QJul 31, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
32 documents- Q3 2026
- 8-KCVCO
Oct 29, 2026
- Q2 2026
- 8-KCVCO
Jul 31, 2026
- 10-QCVCO
Jul 31, 2026
- 8-KCVCO
Jul 30, 2026
- Q1 2026
- 8-KCVCO
May 22, 2026
- 10-KCVCO
May 22, 2026
- Q4 2025
- 10-QCVCO
- 8-KCVCO
Jan 29, 2026
- Q3 2025
- 8-KCVCO
Oct 31, 2025
- 10-QCVCO
Oct 31, 2025
- 8-KCVCO
Oct 28, 2025
- Q2 2025
- 8-KCVCO
Sep 30, 2025
- EX-99CVCO
Sep 30, 2025
- 8-KCVCO
Aug 4, 2025
- 10-QCVCO
- 8-KCVCO
Jul 31, 2025
- 8-KCVCO
Jul 14, 2025
- Q1 2025
- 10-KCVCO
May 23, 2025
- 8-KCVCO
May 22, 2025
- Q4 2024
- 8-KCVCO
Mar 14, 2025
- 10-QCVCO
Jan 31, 2025
- 8-KCVCO
Jan 30, 2025
- Q3 2024
- 8-KCVCO
Nov 13, 2024
- 10-QCVCO
- 8-KCVCO
Oct 31, 2024
- Q2 2024
- 8-KCVCO
Sep 9, 2024
- 8-KCVCO
Aug 2, 2024
- 8-KCVCO
Aug 2, 2024
- 10-QCVCO
- Q1 2024
- 8-KCVCO
May 24, 2024
- 10-KCVCO
May 24, 2024
- Q4 2023
- 10-QCVCO
Earnings releases
12 documentsPresentations
0 documentsNo presentations for Cavco Industries, Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Cavco Industries, Inc. are held in this edition of the library.
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