Earnings ·
Reports fiscal Q2 net income per diluted share of $7.17 on $656.4 million revenue
CVCOCavco Industries, Inc.
Cavco Industries reported fiscal second-quarter results ending September 26, 2026, with net revenue increasing 17.9% to $656.4 million and diluted earnings per share rising 9% to $7.17. The company sold 15,766 factory-built homes, a 15.3% increase in volume, while backlogs grew to $348 million. Consolidated gross profit margin contracted to 22.5% from 24.2% in the prior year period, though financial services margins expanded. The quarter included a one-time $7 million insurance premium benefit that boosted net income per diluted share by $0.70. Cavco Industries designs and builds manufactured homes and modular homes.