Company: CVCO
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000278166-25-000128
Chunk: 35

Company: CAVCO INDUSTRIES, INC.
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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 revenue$535,694 $21,163 $556,857 Cost of sales414,850 12,501 427,351 Gross profit120,844 8,662 129,506 Selling, general and administrative expenses63,154 5,994 69,148 Income from operations57,690 2,668 60,358 Interest income5,103 — 5,103 Interest expense(164)— (164)Income before income taxes62,629 2,668 65,297 Income tax expense(13,128)(527)(13,655)Net Income$49,501 $2,141 $51,642 Three Months Ended June 28, 2025Factory-built housingFinancial servicesConsolidatedDepreciation$4,735 $62 $4,797 Amortization$366 $6 $372 Capital expenditures$9,009 $— $9,009 

14

Three Months Ended June 29, 2024Factory-built housingFinancial servicesConsolidatedNet revenue$458,048 $19,551 $477,599 Cost of sales354,537 19,660 374,197 Gross profit103,511 (109)103,402 Selling, general and administrative expenses59,720 5,131 64,851 Income from operations43,791 (5,240)38,551 Interest income5,511 — 5,511 Interest expense(90)— (90)Other expense, net(111)— (111)Income before income taxes49,101 (5,240)43,861 Income tax expense(10,656)1,224 (9,432)Net Income$38,445 $(4,016)$34,429 Three Months Ended June 29, 2024Factory-built housingFinancial servicesConsolidatedDepreciation$4,304 $65 $4,369 Amortization$386 $6 $392 Capital expenditures$4,852 $62 $4,914  June 28,2025March 29,2025Total assets:Factory-built housing$1,186,689 $1,191,216 Financial services232,928 215,429 Consolidated$1,419,617 $1,406,