Cavco Industries Inc. (CVCO) financial statements: income statement, balance sheet and cash flow
Cavco Industries Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Mar 28, 2026 · FY), Cavco Industries Inc. reported revenue of $2.2B (+11.4% year on year) and net income of $190.6M (+11.4% year on year).
Income statement
Cavco Industries Inc. income statement, fiscal years
Line item
Mar 28, 2026 · FY
Mar 29, 2025 · FY
Mar 30, 2024 · FY
Apr 1, 2023 · FY
Net revenue
$2.2B
$2.0B
$1.8B
$2.1B
Cost of sales
$1.7B
$1.5B
$1.4B
$1.6B
Gross profit
$526.9M
$465.6M
$426.9M
$554.9M
Selling, general and administrative expenses
$298.3M
$275.3M
$247.9M
$258.3M
Income from operations
$228.6M
$190.3M
$179.0M
$296.6M
Interest income
$16.3M
$21.1M
$21.0M
$10.7M
Interest expense
($541.0K)
($517.0K)
($1.6M)
($910.0K)
Other income, net
$335.0K
$222.0K
$849.0K
$385.0K
Income before income taxes
$244.7M
$211.1M
$199.2M
$306.8M
Income tax expense
($54.1M)
($40.0M)
($41.3M)
($65.9M)
Less: net income attributable to redeemable noncontrolling interest
$0
$0
$88.0K
$287.0K
Net income attributable to Cavco common stockholders
$190.6M
$171.0M
$157.8M
$240.6M
Net income
$190.6M
$171.0M
$157.9M
$240.8M
Reclassification adjustment for securities sold
($13.0K)
$340.0K
$95.0K
($16.0K)
Applicable income taxes
$3.0K
($71.0K)
($20.0K)
$3.0K
Net change in unrealized position of investments held
$39.0K
$94.0K
$262.0K
($252.0K)
Applicable income taxes
($8.0K)
($21.0K)
($55.0K)
$53.0K
Comprehensive income
$190.6M
$171.4M
$158.2M
$240.6M
Less: comprehensive income attributable to redeemable noncontrolling interest
$0
$0
$88.0K
$287.0K
Comprehensive income attributable to Cavco common stockholders
$190.6M
$171.4M
$158.1M
$240.3M
Basic (in usd per share)
$24.26
$20.97
$18.55
$27.20
Diluted (in usd per share)
$23.98
$20.71
$18.37
$26.95
Basic (in shares)
7.9M
8.2M
8.5M
8.8M
Diluted (in shares)
7.9M
8.3M
8.6M
8.9M
Cavco Industries Inc. income statement, quarters
Line item
Jun 27, 2026 · Q1
Dec 27, 2025 · Q3
Sep 27, 2025 · Q2
Jun 28, 2025 · Q1
Net revenue
$610.0M
$581.0M
$556.5M
$556.9M
Cost of sales
$475.4M
$445.1M
$422.1M
$427.4M
Gross profit
$134.6M
$135.9M
$134.4M
$129.5M
Selling, general and administrative expenses
$81.8M
$81.4M
$72.2M
$69.1M
Income from operations
$52.8M
$54.6M
$62.2M
$60.4M
Interest income
$3.3M
$3.0M
$5.0M
$5.1M
Interest expense
($132.0K)
($131.0K)
($112.0K)
($164.0K)
Other expense, net
($98.0K)
$213.0K
$142.0K
$0
Income before income taxes
$55.8M
$57.6M
$67.3M
$65.3M
Income tax expense
($13.5M)
($13.5M)
($14.9M)
($13.7M)
Net income
$42.3M
$44.1M
$52.4M
$51.6M
Reclassification adjustment for securities sold
($132.0K)
($10.0K)
$136.0K
$117.0K
Applicable income tax benefit (expense)
$28.0K
—
—
—
Net change in unrealized position of investments held
($14.0K)
$21.0K
$8.0K
$4.0K
Applicable income tax benefit (expense)
$3.0K
($5.0K)
($1.0K)
($1.0K)
Comprehensive income
$42.2M
$44.1M
$52.5M
$51.7M
Basic (in usd per share)
$5.48
$5.65
$6.62
$6.49
Diluted (in usd per share)
$5.43
$5.58
$6.55
$6.42
Basic (in shares)
7.7M
7.8M
7.9M
8.0M
Diluted (in shares)
7.8M
7.9M
8.0M
8.0M
Balance sheet
Cavco Industries Inc. balance sheet, fiscal years
Line item
Mar 28, 2026 · FY
Mar 29, 2025 · FY
Mar 30, 2024 · FY
Apr 1, 2023 · FY
Cash and cash equivalents
$236.7M
$356.2M
$352.7M
$271.4M
Restricted cash, current
$20.3M
$18.5M
$15.5M
$11.7M
Accounts receivable, net
$108.3M
$105.8M
$77.1M
$89.3M
Short-term investments
$16.2M
$19.8M
$18.3M
$15.0M
Current portion of loans receivable, net
$75.9M
$82.2M
$64.0M
—
Inventories
$295.7M
$252.7M
$241.3M
$263.1M
Prepaid expenses and other current assets
$71.6M
$74.8M
$82.9M
$92.9M
Assets, Current, Total
$824.7M
$910.2M
$851.8M
$804.6M
Restricted cash
$585.0K
$585.0K
$585.0K
$335.0K
Investments
$38.2M
$18.1M
$17.3M
$18.6M
Loans receivable, net
$78.3M
$74.1M
$71.1M
—
Property, plant and equipment, net
$278.9M
$227.6M
$224.2M
$228.3M
Goodwill
$208.8M
$122.0M
$121.9M
$114.5M
Other intangibles, net
$28.1M
$16.7M
$28.2M
$29.8M
Operating lease right-of-use assets
$33.6M
$35.6M
$39.0M
$26.8M
Deferred income taxes
$0
$1.9M
—
—
Total assets
$1.5B
$1.4B
$1.4B
$1.3B
Accounts payable
$44.2M
$37.2M
$33.5M
$30.7M
Accrued expenses and other current liabilities
$291.2M
$266.0M
$239.7M
$262.7M
Total current liabilities
$335.4M
$303.2M
$273.3M
$293.4M
Operating lease liabilities
$30.7M
$31.5M
$35.1M
$21.7M
Other liabilities
$7.1M
$7.4M
$7.8M
$7.8M
Deferred income taxes
$14.7M
$0
$4.6M
$7.6M
Total liabilities
$388.0M
$342.1M
—
—
Preferred stock, $0.01 par value; 1,000,000 shares authorized; No shares issued or outstanding
0
0
0
0
Common stock, $0.01 par value; 40,000,000 shares authorized; Issued 9,474,288 and 9,436,732 shares, respectively; Outstanding $7,738,700 and $8,008,012 shares, respectively
95.0K
94.0K
94.0K
93.0K
Treasury stock, at cost; 1,735,588 and 1,428,720 shares, respectively
-585.9M
-424.6M
—
—
Additional paid-in capital
$300.2M
$290.9M
$281.2M
$271.9M
Retained earnings
$1.4B
$1.2B
$1.0B
$869.3M
Accumulated other comprehensive income
$30.0K
$9.0K
($333.0K)
($615.0K)
Total stockholders' equity
$1.1B
$1.1B
$1.0B
$976.3M
Total liabilities and stockholders' equity
$1.5B
$1.4B
$1.4B
$1.3B
Cavco Industries Inc. balance sheet, quarters
Line item
Jun 27, 2026
Dec 27, 2025
Sep 27, 2025
Jun 28, 2025
Cash and cash equivalents
$243.2M
$224.6M
$375.0M
$344.6M
Restricted cash, current
$22.4M
$17.3M
$24.4M
$23.2M
Accounts receivable, net
$115.9M
$106.0M
$115.7M
$116.3M
Short-term investments
$18.3M
$17.3M
$16.9M
$17.8M
Current portion of loans receivable, net
$64.6M
$86.4M
$79.2M
$86.7M
Inventories
$309.0M
$290.5M
$258.4M
$258.1M
Prepaid expenses and other current assets
$63.9M
$74.8M
$65.0M
$68.5M
Total current assets
$837.2M
$816.8M
$934.5M
$915.3M
Restricted cash
$585.0K
$585.0K
$585.0K
$585.0K
Investments
$39.7M
$24.8M
$24.3M
$19.4M
Loans receivable, net
$92.3M
$78.7M
$81.1M
$78.8M
Property, plant and equipment, net
$298.0M
$276.7M
$236.7M
$231.9M
Goodwill
$209.2M
$207.8M
$122.0M
$122.0M
Other intangibles, net
$27.5M
$28.7M
$16.0M
$16.4M
Operating lease right-of-use assets
$37.1M
$38.2M
$33.8M
$34.1M
Total assets
$1.5B
$1.5B
$1.4B
$1.4B
Accounts payable
$46.5M
$35.0M
$44.1M
$42.1M
Accrued expenses and other current liabilities
$329.2M
$293.7M
$274.0M
$275.2M
Total current liabilities
$375.7M
$328.7M
$318.1M
$317.3M
Operating lease liabilities
$33.7M
$34.1M
$30.4M
$30.2M
Other liabilities
$7.0M
$7.2M
$7.3M
$7.3M
Deferred income taxes
$14.7M
$0
$0
$1.3M
Total liabilities
$431.1M
$383.0M
$362.9M
$354.8M
Preferred stock, $0.01 par value; 1,000,000 shares authorized; No shares issued or outstanding
0
0
0
0
Common stock, $0.01 par value; 40,000,000 shares authorized; Issued 9,504,933 and 9,474,288 shares, respectively; Outstanding 7,709,359 and 7,738,700 shares, respectively
95.0K
95.0K
95.0K
95.0K
Treasury stock, at cost; 1,795,574 and 1,735,588 shares, respectively
-616.4M
-555.6M
-511.3M
-475.0M
Additional paid-in capital
$295.8M
$298.2M
$295.0M
$289.8M
Retained earnings
$1.4B
$1.3B
$1.3B
$1.2B
Accumulated other comprehensive (loss) income
($85.0K)
$227.0K
$219.0K
$105.0K
Total stockholders' equity
$1.1B
$1.1B
$1.1B
$1.1B
Total liabilities and stockholders' equity
$1.5B
$1.5B
$1.4B
$1.4B
Cash flow statement
Cavco Industries Inc. cash flow statement, fiscal years
Line item
Mar 28, 2026 · FY
Mar 29, 2025 · FY
Mar 30, 2024 · FY
Apr 1, 2023 · FY
Net income
$190.6M
$171.0M
$157.9M
$240.8M
Depreciation and amortization
$23.0M
$19.3M
$18.5M
$16.9M
Loss on infinite-lived intangible write-off
$0
$10.0M
—
—
Provision for loan losses
($589.0K)
($511.0K)
($632.0K)
($517.0K)
Deferred income taxes
$9.8M
($6.5M)
($3.1M)
$2.1M
Stock-based compensation expense
$12.8M
$8.7M
$6.8M
$6.3M
Non-cash interest income, net
($928.0K)
($1.0M)
($1.5M)
($457.0K)
(Gain) loss on sale or retirement of property, plant and equipment, net
($35.0K)
$58.0K
$132.0K
($281.0K)
Gain on investments and sale of loans, net
($4.7M)
($1.7M)
($9.0M)
($12.3M)
Accounts receivable
$2.9M
($28.8M)
$11.6M
$10.2M
Loans receivable originated
($222.5M)
($209.5M)
($202.1M)
—
Proceeds from sales of consumer loans
$79.6M
$51.1M
$91.5M
$186.0M
Principal payments received on loans receivable
$149.3M
$140.6M
$124.1M
—
Inventories
$4.9M
($11.4M)
$44.9M
$38.9M
Prepaid expenses and other current assets
$9.6M
$7.7M
$8.0M
($20.0M)
Accounts payable and accrued expenses and other current liabilities
$13.8M
$29.4M
($22.3M)
($13.4M)
Net cash provided by operating activities
$267.5M
$178.5M
$224.7M
$255.7M
Purchases of property, plant and equipment
($35.4M)
($21.4M)
($17.4M)
($44.1M)
Payments for acquisitions, net
($172.8M)
$0
($19.2M)
($105.7M)
Proceeds from sale of property, plant and equipment and assets held for sale
$203.0K
$184.0K
$4.8M
$1.8M
Purchases of investments
($34.5M)
($28.1M)
($13.0M)
$12.5M
Proceeds from sale of investments
$20.1M
$25.4M
$13.1M
$18.9M
Net cash used in investing activities
($222.4M)
($24.0M)
($31.7M)
($129.3M)
Payments for taxes on stock option exercises and releases of equity awards
($4.8M)
($3.4M)
($2.0M)
($1.1M)
Proceeds from exercise of stock options
$2.2M
$4.5M
$4.5M
$3.7M
Payments on secured financings and other
($295.0K)
($311.0K)
($488.0K)
($641.0K)
Payments for common stock repurchases
($159.9M)
($148.7M)
($109.3M)
($103.4M)
Distributions to noncontrolling interest
$0
$0
($420.0K)
($780.0K)
Net cash used in financing activities
($162.8M)
($147.9M)
($107.7M)
($102.2M)
Net increase (decrease) in cash, cash equivalents and restricted cash
($117.7M)
$6.6M
$85.3M
$24.2M
Cash, cash equivalents and restricted cash at beginning of the fiscal year
$375.3M
$368.8M
$283.5M
$259.3M
Cash, cash equivalents and restricted cash at end of the fiscal year
$257.6M
$375.3M
$368.8M
$283.5M
Cash paid during the year for income taxes
$39.3M
$45.6M
$36.8M
$82.4M
Cash paid during the year for interest
$272.0K
$11.0K
$801.0K
$619.0K
Change in GNMA loans eligible for repurchase
$1.7M
($1.1M)
($3.3M)
($2.5M)
Right-of-use assets recognized and operating lease obligations incurred
$4.8M
$2.1M
$15.0M
$14.5M
Non-cash consideration for acquisitions
$0
$0
$5.4M
—
Cavco Industries Inc. cash flow statement, quarters
Line item
Jun 27, 2026 · Q1
Dec 27, 2025 · YTD
Sep 27, 2025 · YTD
Jun 28, 2025 · Q1
Net income
$42.3M
$148.1M
$104.0M
$51.6M
Depreciation and amortization
$6.7M
$16.7M
$10.5M
$5.2M
Provision for credit losses
$296.0K
($176.0K)
($64.0K)
($64.0K)
Deferred income taxes
($49.0K)
$9.2M
$9.1M
$558.0K
Stock-based compensation expense
$4.1M
$10.3M
$7.1M
$3.6M
Non-cash interest income, net
($252.0K)
($582.0K)
($457.0K)
($239.0K)
Loss on sale or retirement of property, plant and equipment, net
$268.0K
($44.0K)
($15.0K)
$80.0K
Gain on investments and sale of loans, net
($3.0M)
($3.7M)
($2.6M)
($1.1M)
Accounts receivable
($7.6M)
$5.2M
($9.8M)
($10.4M)
Loans receivable originated
($70.6M)
($160.3M)
($113.0M)
($57.6M)
Proceeds from sales of consumer loans receivable
$29.0M
—
—
$13.8M
Inventories
($13.3M)
$10.0M
($5.7M)
($5.4M)
Prepaid expenses and other current assets
$7.4M
$4.6M
$10.5M
$7.6M
Principal payments received on commercial loans receivable
$40.0M
$110.8M
$75.4M
$34.5M
Accounts payable, accrued expenses and other liabilities
$39.2M
$7.4M
$15.1M
$13.4M
Net cash provided by operating activities
$74.5M
$200.1M
$134.0M
$55.5M
Purchases of property, plant and equipment
($25.5M)
($27.4M)
($18.9M)
($9.1M)
Proceeds from sale of property, plant and equipment
$49.0K
$158.0K
$38.0K
$0
Purchases of investments
($4.5M)
($19.0M)
($15.6M)
($6.4M)
Proceeds from sale of investments
$2.5M
$17.7M
$14.3M
$7.9M
Net cash used in investing activities
($27.5M)
($199.9M)
($20.1M)
($7.7M)
Payments for taxes on stock option exercises and releases of equity awards
($8.3M)
($4.9M)
($4.9M)
($4.7M)
Proceeds from exercise of stock options
$59.0K
$1.9M
$1.9M
$29.0K
Payments on finance leases and other secured financings
($91.0K)
($184.0K)
($102.0K)
($49.0K)
Payments for common stock repurchases
($30.0M)
($129.9M)
($86.1M)
($50.0M)
Net cash used in financing activities
($38.4M)
($133.1M)
($89.2M)
($54.7M)
Net increase (decrease) in cash, cash equivalents and restricted cash
$8.6M
($132.9M)
$24.6M
($6.9M)
Cash, cash equivalents and restricted cash at beginning of the fiscal year
$257.6M
$375.3M
$375.3M
$375.3M
Cash, cash equivalents and restricted cash at end of the period