Virco Mfg Corporation (VIRC) Tax Provisions (2010 - 2026)
Virco Mfg Corporation (VIRC) posted Tax Provisions of -$2.9 million for Q1 2026, down 492.77% on a QoQ basis from -$484000.0 in Q4 2025, and down 39.54% year-over-year from -$4.7 million in Q1 2025.
Virco Mfg Corporation (VIRC) Tax Provisions (2010 - 2026) Analysis & Trends
Virco Mfg Corporation's Tax Provisions history runs 17 years deep, the most recent figure standing at -$2.9 million for Q1 2026.
- Quarterly Tax Provisions fell 39.54% year-over-year to -$2.9 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $894000.0 (down 86.81% YoY) and the FY2026 annual result came in at $895000.0, down 86.8% from the prior year.
- Tax Provisions was -$2.9 million for Q1 2026 at Virco Mfg Corporation, down from -$484000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $11.1 million in Q1 2022 and bottomed at -$8.8 million in Q1 2023.
- A 5-year average of $1.0 million and a median of $295000.0 in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2023 — Tax Provisions surged 1527.46% — and 2025, when it tumbled 521.15%.
- Virco Mfg Corporation's Tax Provisions stood at $319000.0 in 2022, then soared by 935.74% to $3.3 million in 2023, then slipped by 12.95% to $2.9 million in 2024, then slumped by 116.83% to -$484000.0 in 2025, then plunged by 492.77% to -$2.9 million in 2026.
- Business Quant data shows VIRC's Tax Provisions at -$2.9 million in Q1 2026, -$484000.0 in Q4 2025, and $4.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 21.46 Bn | 20.95 Bn | 694.97 Mn | 26.10 Mn |
| 2 | Somnigroup International | 15.37 Bn | 15.26 Bn | 776.90 Mn | 33.40 Mn |
| 3 | Mohawk Industries | 7.08 Bn | 6.21 Bn | 641.90 Mn | -8.90 Mn |
| 4 | Alliance Laundry Holdings | 5.13 Bn | 5.00 Bn | 157.19 Mn | 15.47 Mn |
| 5 | Hni | 3.08 Bn | 3.00 Bn | 499.90 Mn | -16.80 Mn |
| 6 | Whirlpool | 2.26 Bn | 1.64 Bn | 415.00 Mn | 14.00 Mn |
| 7 | Interface | 1.94 Bn | 1.88 Bn | 126.72 Mn | 5.30 Mn |
| 8 | La-Z-Boy | 1.65 Bn | 1.35 Bn | 262.76 Mn | 9.28 Mn |
| 9 | Millerknoll | 1.53 Bn | 1.37 Bn | 395.60 Mn | 11.90 Mn |
| 10 | Virco Mfg Corporation | 95.51 Mn | 95.51 Mn | 6.25 Mn | -2.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -2.87 Mn |
| Oct 31, 2025 | -484,000.00 |
| Jul 31, 2025 | 3.99 Mn |
| Apr 30, 2025 | 262,000.00 |
| Jan 31, 2025 | -2.06 Mn |
| Oct 31, 2024 | 2.88 Mn |
| Jul 31, 2024 | 5.23 Mn |
| Apr 30, 2024 | 731,000.00 |
| Jan 31, 2024 | -331,000.00 |
| Oct 31, 2023 | 3.30 Mn |
| Jul 31, 2023 | 4.80 Mn |
| Apr 30, 2023 | -444,000.00 |
| Jan 31, 2023 | -8.84 Mn |
| Oct 31, 2022 | 319,000.00 |
| Jul 31, 2022 | 295,000.00 |
| Apr 30, 2022 | -282,000.00 |
| Jan 31, 2022 | 11.07 Mn |
| Oct 31, 2021 | 295,000.00 |
| Jul 31, 2021 | 1.23 Mn |
| Apr 30, 2021 | -1.19 Mn |