VIRCO MFG CORPORATION
For the period ended Apr 30, 2026. Filed Jun 3, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 30, 2026 · Filed Jun 3, 2026
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
| ☒ | Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 |
|---|
For the quarterly period ended April 30, 2026
OR
| ☐ | Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 |
|---|
For the transition period from to
Commission File number 1-8777
VIRCO MFG. CORPORATION(Exact Name of Registrant as Specified in its Charter)
| Delaware | 95-1613718 |
|---|---|
| (State or Other Jurisdiction ofIncorporation or Organization) | (I.R.S. EmployerIdentification No.) |
| 2027 Harpers Way, Torrance, CA | 90501 |
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’s Telephone Number, Including Area Code: (310)533-0474
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered |
|---|---|---|
| Common Stock, $0.01 par value per share | VIRC | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ý No¨
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ý No¨
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.:
| Large accelerated filer | ☐ | Accelerated filer | ý |
|---|---|---|---|
| Non-accelerated filer | ☐ | Smaller reporting company | ý |
| Emerging growth company | ☐ | ||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ Noý
The number of shares outstanding for each of the registrant’s classes of common stock, as of the latest practicable date:
Common Stock, $.01 par value —15,729,543 shares as of June 2, 2026.
TABLE OF CONTENTS
| Part I. Financial Information | 3 | |
|---|---|---|
| Item 1. Financial Statements | 3 | |
| Unaudited condensed consolidated balance sheets - April 30, 2026, January 31, 2026 and April 30, 2025 | 3 | |
| Unaudited condensed consolidated statements of operations - Three months ended April 30, 2026 and 2025 | 4 | |
| Unaudited condensed consolidated statements of comprehensive (loss) income - Three months ended April 30, 2026 and 2025 | 5 | |
| Unaudited condensed consolidated statements of cash flows - Three months ended April 30, 2026 and 2025 | 6 | |
| Unaudited condensed consolidated statements of changes in stockholders' equity - Three months ended April 30, 2026 and 2025 | 7 | |
| Notes to unaudited condensed consolidated financial statements - April 30, 2026 | 8 | |
| Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations | 17 | |
| Item 3. Quantitative and Qualitative Disclosures about Market Risk | 20 | |
| Item 4. Controls and Procedures | 20 | |
| Part II. Other Information | 21 | |
| Item 1. Legal Proceedings | 21 | |
| Item 1A. Risk Factors | 21 | |
| Item 2. Unregistered Sales of Equity Securities, Use of Proceeds and Issuer Purchases of Equity Securities | 21 | |
| Item 3. Defaults Upon Senior Securities | 21 | |
| Item 4. Mine Safety Disclosures | 21 | |
| Item 5. Other Information | 22 | |
| Item 6. Exhibits | 22 |
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