Cavco Industries (CVCO) Operating Expenses (2010 - 2025)
Cavco Industries' Operating Expenses was $81.36 million in fiscal Q3 2026 (quarter ended Dec 27, 2025), up 23.3% from $65.98 million a year earlier and up 12.6% from the prior quarter.
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Analysis
Cavco Industries (CVCO) Operating Expenses (2010 - 2025) Analysis & Trends
On a trailing twelve-month basis, Cavco Industries' Operating Expenses was $300.23 million through Dec 27, 2025, up 15.8% year-over-year; for FY2025 (ended Mar 29, 2025), it came in at $275.32 million, up 11.0% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of 13.6% (FY2020 to FY2025).
- In earlier fiscal years, Operating Expenses was $247.92 million in FY2024 (-4.0%), $258.32 million in FY2023 (+25.2%), $206.25 million in FY2022 (+37.4%) and $150.15 million in FY2021 (+3.1%).
- The fiscal Q3 2026 figure marks the highest quarterly Operating Expenses in data going back to fiscal Q1 2011.
- Compared with a year earlier, Operating Expenses has increased for seven straight quarters, with growth averaging 9.3% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was fiscal Q3 2022 (growth of 70.3%); the worst was fiscal Q2 2024 (a decline of 8.1%).
- Per Business Quant data, CVCO's Operating Expenses in the three fiscal quarters before Q3 2026 was $72.23 million (Q2 2026), $69.15 million (Q1 2026) and $77.49 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.33 Bn | 29.22 Bn | 2.15 Bn | 991.20 Mn |
| 2 | Pultegroup | 21.75 Bn | 15.04 Bn | 1.06 Bn | 382.97 Mn |
| 3 | Lennar | 17.19 Bn | 6.61 Bn | 807.31 Mn | 7.54 Bn |
| 4 | Nvr | 16.44 Bn | 9.72 Bn | 485.14 Mn | 150.72 Mn |
| 5 | Toll Brothers | 12.42 Bn | 7.81 Bn | 625.22 Mn | 266.07 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 58.97 Mn |
| 7 | Champion Homes | 4.74 Bn | 2.22 Bn | - | - |
| 8 | Cavco Industries | 4.34 Bn | 3.09 Bn | - | - |
| 9 | Meritage Homes | 4.10 Bn | 1.02 Bn | 513.60 Mn | 52.38 Mn |
| 10 | M | 3.42 Bn | 491.29 Mn | 235.50 Mn | 958.69 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 |
API Access
Cavco Industries Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CVCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CVCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CVCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();