Cavco Industries (CVCO) Operating Expenses (2010 - 2025)
Cavco Industries' (CVCO) quarterly Operating Expenses came in at $81.4 million in Q4 2025, up 23.31% year-over-year from $66.0 million in Q4 2024, and up 12.64% quarter-over-quarter from $72.2 million in Q3 2025.
Analysis
Cavco Industries (CVCO) Operating Expenses (2010 - 2025) Analysis & Trends
Cavco Industries (CVCO) has reported Operating Expenses for 16 consecutive years, with $81.4 million the latest figure, recorded in Q4 2025.
- On a quarterly basis, Operating Expenses rose 23.31% year-over-year to $81.4 million in Q4 2025; TTM through Dec 2025 was $300.2 million, a 15.81% increase from a year earlier, with the FY2025 full-year figure at $275.3 million, up 11.05% from the prior year.
- Operating Expenses was $81.4 million for Q4 2025 at Cavco Industries, up from $72.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $81.4 million in Q4 2025 and troughed at $40.8 million in Q3 2021.
- A 5-year average of $62.7 million and a median of $64.1 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 70.33% in 2022 and retreated 8.05% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $45.4 million in 2021, then grew by 29.82% to $58.9 million in 2022, then gained by 7.48% to $63.3 million in 2023, then increased by 4.21% to $66.0 million in 2024, then increased by 23.31% to $81.4 million in 2025.
- The last three Operating Expenses figures came in at $81.4 million (Q4 2025), $72.2 million (Q3 2025), and $69.1 million (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Champion Homes | 4.58 Bn | 3.94 Bn | - | - |
| 2 | Cavco Industries | 4.08 Bn | 3.83 Bn | - | - |
| 3 | Legacy Housing | 652.80 Mn | 623.84 Mn | 32.83 Mn | 39.89 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 27, 2025 | 81.36 Mn |
| Sep 27, 2025 | 72.23 Mn |
| Jun 28, 2025 | 69.15 Mn |
| Mar 29, 2025 | 77.49 Mn |
| Dec 28, 2024 | 65.98 Mn |
| Sep 28, 2024 | 67.00 Mn |
| Jun 29, 2024 | 64.85 Mn |
| Mar 30, 2024 | 61.42 Mn |
| Dec 30, 2023 | 63.31 Mn |
| Sep 30, 2023 | 61.51 Mn |
| Jul 1, 2023 | 61.68 Mn |
| Apr 1, 2023 | 66.39 Mn |
| Dec 31, 2022 | 58.90 Mn |
| Oct 1, 2022 | 66.89 Mn |
| Jul 2, 2022 | 66.14 Mn |
| Apr 2, 2022 | 59.73 Mn |
| Jan 1, 2022 | 60.32 Mn |
| Oct 2, 2021 | 45.37 Mn |
| Jul 3, 2021 | 40.83 Mn |
| Apr 3, 2021 | 43.96 Mn |