# EDGAR Filing Document

**Accession Number:** 0000072205
**File Stem:** 0001193125-26-110303
**Filing Date:** 2026-3
**Character Count:** 52885
**Document Hash:** 3279ce76378c43fb1ed0afc71dcaebcc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-110303.hdr.sgml**: 20260317

**ACCESSION NUMBER**: 0001193125-26-110303

**CONFORMED SUBMISSION TYPE**: 10-Q

**PUBLIC DOCUMENT COUNT**: 38

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260317

**DATE AS OF CHANGE**: 20260317

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NOBILITY HOMES INC
- **CENTRAL INDEX KEY:** 0000072205
- **STANDARD INDUSTRIAL CLASSIFICATION:** MOBILE HOMES [2451]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 591166102
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1101

**FILING VALUES:**
- **FORM TYPE:** 10-Q
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-06506
- **FILM NUMBER:** 26760853

**BUSINESS ADDRESS:**
- **STREET 1:** 3741 S W 7TH ST
- **CITY:** OCALA
- **STATE:** FL
- **ZIP:** 34474
- **BUSINESS PHONE:** 3527325157

**MAIL ADDRESS:**
- **STREET 1:** 3741 SW 7TH STREET
- **CITY:** OCALA
- **STATE:** FL
- **ZIP:** 34474

?xml version='1.0' encoding='ASCII'? 10-Q

[**<u>**Table of Contents**</u>**](#toc_page)

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**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

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**FORM** 10-Q

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**Quarterly Report Pursuant to Section 13 or 15 (d)** 

**of the Securities Exchange Act of 1934** 

**For the quarterly period ended** **January 31,** 2026

**Commission File number** 000-06506

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NOBILITY HOMES, INC.

**(Exact name of registrant as specified in its charter)** 

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---

| | |
|:---|:---|
| Florida | 59-1166102 |
| **(State or other jurisdiction of**<br>**incorporation or organization)** | **(I.R.S. Employer**<br>**Identification No.)** |
| 3741 S.W. 7th Street<br>Ocala**,** Florida | 34474 |
| **(Address of principal executive offices)** | **(Zip Code)** |

---

(352**)** 732-5157

**(Registrant's telephone number, including area code)** 

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**Securities registered pursuant to Section 12(b) of the Act: None** 

---

| | | |
|:---|:---|:---|
| **Title of Each Class** | &nbsp;&nbsp;&nbsp;**Trading Symbol(s)** | &nbsp;&nbsp;&nbsp;**Name of each/Exchange on**<br>**Which Registered** |
| **Common Stock, $0.10 Par Value** | NOBH | **OTCQX** |

---

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒; No ☐.

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒; No ☐.

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.

---

| | | | |
|:---|:---|:---|:---|
| Large accelerated filer | ☐ | Accelerated filer | ☐ |
| Non-accelerated filer | ☒ | Smaller reporting company | ☒ |
|  |  | Emerging growth company | ☐ |

---

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐.

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐; No ☒.

Indicate the number of shares outstanding of each of the registrant's classes of common stock, as of the latest practicable date.

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[**<u>**Table of Contents**</u>**](#toc_page)

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| | |
|:---|:---|
| **Title of Class** | **Shares Outstanding on**<br>**March 17, 2026** |
| Common Stock | **3,153,665** |

---

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[**<u>**Table of Contents**</u>**](#toc_page)

**NOBILITY HOMES, INC.** 

**INDEX** 

---

| | | |
|:---|:---|:---|
|  |  | **Page<br>Number** |
| **PART I.** | <u>Financial Information</u> |  |
| Item 1. | <u>Financial Statements (Unaudited)</u> |  |
|  | [<u>Condensed Consolidated Balance Sheets as of January 31, 2026</u>](#balance_sheets)[<u>(Unaudited) and November 1, 2025</u>](#balance_sheets) | 4 |
|  | [<u>Condensed Consolidated Statements of Income for the three months ended January 31, 2026 (Unaudited) and February 1, 2025 (Unaudited)</u>](#statements_of_income) | 5 |
|  | [<u>Condensed Consolidated Statements of Changes in Stockholders' Equity for the three months ended January 31, 2026 (Unaudited) and February 1, 2025 (Unaudited)</u>](#stockholder_equity) | 6 |
|  | [<u>Condensed Consolidated Statements of Cash Flows for the three months ended January 31, 2026 (Unaudited) and February 1, 2025 (Unaudited)</u>](#cash_flows) | 7 |
|  | [<u>Notes to Condensed Consolidated Financial Statements (Unaudited)</u>](#note1) | 8 |
| Item 2. | [<u>Management's Discussion and Analysis of Financial Condition and Results of Operations</u>](#managements_discussion_and_analysis) | 11 |
| Item 4. | [<u>Controls and Procedures</u>](#controls_and_procedures) | 13 |
| **PART II.** | [<u>Other Information</u>](#other_information) | 14 |
| Item 2. | [<u>Unregistered Sales of Equity Securities and Use of Proceeds</u>](#unregistered_sales_of_equity) | 14 |
| Item 5. | [<u>Other Information</u>](#item_5) | 14 |
| Item 6. | [<u>Exhibits</u>](#exhibits) | 14 |
| [<u>Signatures</u>](#signatures) | [<u>Signatures</u>](#signatures) | 15 |

---

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[**<u>**Table of Contents**</u>**](#toc_page)

NOBILITY HOMES, INC.

Condensed Consolidated Balance Sheets

---

| | | |
|:---|:---|:---|
|  | January 31,<br>2026 | November 1,<br>2025 |
|  | (Unaudited) |  |
| Assets |  |  |
| Current assets: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents | $11083302 | $13230504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certificates of deposit | 14184546 | 13109325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments at fair value | 622994 | 583128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts receivable - trade | 3950239 | 4602671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mortgage notes receivable | 5287 | 3645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inventories | 20267781 | 19733235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses and other current assets | 1925924 | 2000403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current assets | 52040073 | 53262911 |
| Property, plant and equipment, net | 8163330 | 8230055 |
| Mortgage notes receivable, less current portion | 141885 | 143373 |
| Other investments | 579943 | 553752 |
| Property held for resale | 26590 | 26590 |
| Cash surrender value of life insurance | 4838430 | 4772430 |
| Other assets | 156287 | 156287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | $65946538 | $67145398 |
| Liabilities and Stockholders' Equity |  |  |
| Current liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable | $686746 | $586001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accrued compensation | 411291 | 765853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accrued expenses and other current liabilities | 1403404 | 1590827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income taxes payable | 526191 | 658461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Customer deposits | 3451530 | 2795344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current liabilities | 6479162 | 6396486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred income taxes | 34069 | 34069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 6513231 | 6430555 |
| Commitments and contingencies |  |  |
| Stockholders' equity: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Preferred stock, $0.10 par value, 500,000 shares authorized; none issued<br> and outstanding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common stock, $0.10 par value, 10,000,000 shares authorized; 5,364,907<br> shares issued; 3,153,665 and 3,253,665 shares outstanding | 536491 | 536491 |
| &nbsp;&nbsp;&nbsp;&nbsp;Additional paid in capital | 11376733 | 11316595 |
| &nbsp;&nbsp;&nbsp;&nbsp;Retained earnings | 80666245 | 79037919 |
| &nbsp;&nbsp;&nbsp;&nbsp;Less treasury stock at cost, 2,211,242 and 2,111,242 shares, respectively | (33146162) | (30176162) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total stockholders' equity | 59433307 | 60714843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities and stockholders' equity | $65946538 | $67145398 |

---

The accompanying notes are an integral part of these condensed consolidated financial statements.

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[**<u>**Table of Contents**</u>**](#toc_page)

NOBILITY HOMES, INC.

Condensed Consolidated Statements of Income

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | Three Months Ended | Three Months Ended |
|  | January 31,<br>2026 | February 1,<br>2025 |
| Net sales | $10502846 | $12241742 |
| Cost of sales | (7305740) | (8270957) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gross profit | 3197106 | 3970785 |
| Selling, general and administrative expenses | (1369656) | (1676650) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating income | 1827450 | 2294135 |
| Other income (expense): |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest income | 255849 | 285278 |
| &nbsp;&nbsp;&nbsp;&nbsp;Undistributed earnings in joint venture - Majestic 21 | 26191 | 25805 |
| &nbsp;&nbsp;&nbsp;&nbsp;Proceeds received under escrow arrangement | 21446 | 38152 |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in fair market value of equity investment | 39866 | (2916) |
| &nbsp;&nbsp;&nbsp;&nbsp;Gain on disposal of property, plant and equipment | 1000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Miscellaneous | 9330 | 8759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total other income | 353682 | 355078 |
| Income before provision for income taxes | 2181132 | 2649213 |
| Income tax expense | (552806) | (668791) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net income | $1628326 | $1980422 |
| Weighted average number of shares outstanding: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Basic | 3250368 | 3268829 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diluted | 3256535 | 3277204 |
| Net income per share: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Basic | $0.50 | $0.61 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diluted | $0.50 | $0.60 |

---

The accompanying notes are an integral part of these condensed consolidated financial statements.

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[**<u>**Table of Contents**</u>**](#toc_page)

NOBILITY HOMES, INC.

Condensed Consolidated Statements of Changes in Stockholders' Equity

For the three months ended January 31, 2026 and February 1, 2025

(Unaudited)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Common<br>Stock Shares** | **Common<br>Stock** | **Additional<br>Paid-in-Capital** | **Retained<br>Earnings** | **Treasury<br>Stock** | **Total** |
| Balance at November 1, 2025 | 3253665 | $536491 | $11316595 | $79037919 | $(30176162) | $60714843 |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchase of treasury stock | (100000) | - | - | - | (2970000) | (2970000) |
| &nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation |  |  | 60138 |  |  | 60138 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income |  |  |  | 1628326 |  | 1628326 |
| Balance at January 31, 2026 | 3153665 | $536491 | $11376733 | $80666245 | $(33146162) | $59433307 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Common<br>Stock Shares** | **Common<br>Stock** | **Additional<br>Paid-in-Capital** | **Retained<br>Earnings** | **Treasury<br>Stock** | **Total** |
| Balance at November 2, 2024 | 3268829 | $536491 | $11140687 | $74677783 | $(29758438) | $56596523 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation |  |  | 40254 |  |  | 40254 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income |  |  |  | 1980422 |  | 1980422 |
| Balance at February 1, 2025 | 3268829 | $536491 | $11180941 | $76658205 | $(29758438) | $58617199 |

---

The accompanying notes are an integral part of these condensed consolidated financial statements.

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[**<u>**Table of Contents**</u>**](#toc_page)

NOBILITY HOMES, INC.

Condensed Consolidated Statements of Cash Flows

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | Three Months Ended | Three Months Ended |
|  | January 31,<br>2026 | February 1,<br>2025 |
| Cash flows from operating activities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income | $1628326 | $1980422 |
| &nbsp;&nbsp;&nbsp;&nbsp;Adjustments to reconcile net income to net cash provided by operating<br> activities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Depreciation | 67160 | 42576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Undistributed earnings in joint venture - Majestic 21 | (26191) | (25805) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gain on disposal of property, plant and equipment | (1000) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Increase) decrease in fair market value of equity investment | (39866) | 2916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation | 60138 | 40254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Decrease (increase) in: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts receivable - trade | 652432 | 1013502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inventories | (534546) | 765079 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses and other current assets | 74479 | 37509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest receivable | (133640) | (146066) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Decrease) increase in: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable | 100745 | 14974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accrued compensation | (354562) | (176179) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accrued expenses and other current liabilities | (187423) | (322625) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income taxes payable | (132270) | (76210) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Customer deposits | 656186 | (732481) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net cash provided by operating activities | 1829968 | 2417866 |
| Cash flows from investing activities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchase of property, plant and equipment | (435) | (117198) |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchase of certificates of deposit | (3500000) | (1500000) |
| &nbsp;&nbsp;&nbsp;&nbsp;Proceeds from certificates of deposit | 2500000 | 1920000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Proceeds disposal of property, plant and equipment | 1000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Collections on interest receivable | 58419 | 99644 |
| &nbsp;&nbsp;&nbsp;&nbsp;Collections on mortgage notes receivable | (154) | 476 |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase in cash surrender value of life insurance | (66000) | (51000) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net cash (used in) provided by investing activities | (1007170) | 351922 |
| Cash flows from financing activities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Purchase of treasury stock | (2970000) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net cash (used in) financing activities | (2970000) |  |
| (Decrease) Increase in cash and cash equivalents | (2147202) | 2769788 |
| Cash and cash equivalents at beginning of period | 13230504 | 13521296 |
| Cash and cash equivalents at end of period | $11083302 | $16291084 |
| Supplemental disclosure of cash flows information: |  |  |
| Income taxes paid | $685000 | $745000 |
| Interest paid | $- | $- |

---

The accompanying notes are an integral part of these condensed consolidated financial statements.

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[**<u>**Table of Contents**</u>**](#toc_page)

NOBILITY HOMES, INC.

Notes to Condensed Consolidated Financial Statements

(Unaudited)

***Note 1 Basis of Presentation and Accounting Policies*** 

The accompanying unaudited condensed consolidated financial statements for the three months ended January 31, 2026 and February 1, 2025 have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and pursuant to the rules and regulations of the Securities and Exchange Commission for Form 10-Q.

Accordingly, they do not include all the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements.

The unaudited financial information included in this report includes all adjustments (consisting of normal recurring adjustments) which are, in the opinion of management, necessary to reflect a fair statement of the results for the interim periods. The results of operations for the three months ended January 31, 2026, are not necessarily indicative of the results of the full fiscal year.

The condensed consolidated financial statements included in this report should be read in conjunction with the financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the fiscal year ended November 1, 2025.

***Note 2 Recently Issued Accounting Standards***

In December 2023, the FASB issued ASU 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures", which expands disclosures in an entity's income tax rate reconciliation table and regarding cash taxes paid to the U.S. Government. The update will be effective for annual periods beginning after December 15, 2024 (fiscal 2026) and will be adopted for the Company's year-end reporting. The Company is currently assessing the effect this update may have on its consolidated financial statement disclosures.

On November 4, 2024, the FASB issued ASU 2024-03, Income Statement — Reporting Comprehensive Income — Expense Disaggregation Disclosures. This ASU provides guidance to public companies regarding footnote disclosures of natural expense components (such as employee compensation, depreciation, and amortization) included within each relevant income statement expense caption. The guidance is effective for public companies for fiscal years beginning after December 15, 2026. We are assessing the effect of this update on our consolidated financial statement disclosures.

***Note 3 Inventories***

New home inventory is carried at a lower of cost or net realizable value. Capitalized manufacturing costs on retail manufactured homes built by the Company are valued at manufacturing cost, including materials, labor, and manufacturing overhead, or net purchase price if acquired from unaffiliated third parties. The cost of finished home inventories determined on the specific identification method is removed from inventories and recorded as a component of cost of sales at the time revenue is recognized. Under the specific identification method, if finished home inventory can be sold for a profit there is no basis to write down the inventory below the lower of cost or net realizable value.

Other pre-owned homes are acquired (Repossessions Inventory) as a convenience to the Company's joint venture partner, 21st Mortgage Corporation. This inventory has been repossessed by 21<sup>st</sup> Mortgage Corporation or through mortgage foreclosure. The Company acquired this inventory at the amount of the uncollected balance of the financing at the time of the foreclosure/repossessions by 21st Mortgage Corporation. The Company records this inventory at a cost determined by the specific identification method. All of the refurbishment costs are paid by 21<sup>st</sup>Mortgage Corporation. This arrangement assists 21<sup>st</sup> Mortgage Corporation with liquidation of their repossessed inventory. The timing of these repurchases by the Company is unpredictable as it is based on the repossessions 21<sup>st</sup> Mortgage Corporation incurs in the portfolio. When the home is sold, the Company retains the cost of the home, an interest factor on the cost of the home and a sales commission, from the sales proceeds. Any additional proceeds are paid to 21<sup>st</sup> Mortgage. Any shortfall from the proceeds to cover these amounts is paid by 21<sup>st</sup> Mortgage to the Company. As the Company has no risk of loss on the sale, there is no valuation allowance necessary for repossessions inventory.

Inventory held at consignment locations by affiliated entities is included in the Company's inventory on the Company's consolidated balance sheets. The Company had no consigned inventory as of January 31, 2026 and November 1, 2025.

Pre-owned homes are also taken as trade-ins on new home sales (Trade-in Inventory). This inventory is recorded at estimated actual wholesale value, which is generally lower than market value, determined on the specific identification method, plus refurbishment costs incurred to date to bring the inventory to a more saleable state. The Trade-in Inventory amount is reduced where necessary on a unit specific basis by a valuation reserve, which management believes results in inventory being valued at net realizable value.

Other inventory costs are determined on a first-in, first-out basis.

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NOBILITY HOMES, INC.

Notes to Condensed Consolidated Financial Statements

(Unaudited)

A breakdown of the elements of inventory at January 31, 2026 and November 1, 2025 is as follows:

---

| | | |
|:---|:---|:---|
|  | January 31, | November 1, |
|  | 2025 | 2025 |
|  | (Unaudited) |  |
| Raw materials | $1286075 | $1246972 |
| Work-in-process | 159978 | 169467 |
| Finished homes - Nobility manufactured | 12046007 | 11836197 |
| Finished homes - Other manufactured | 5026993 | 4768852 |
| Pre-owned homes | 1527915 | 1471432 |
| Model home furniture | 220813 | 240315 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inventories | $20267781 | $19733235 |

---

***Note 4 Short-term Investments***

The following is a summary of short-term investments at January 31, 2026 and November 1, 2025.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | January 31, 2026 | January 31, 2026 | January 31, 2026 | January 31, 2026 |
|  | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) |
|  | Cost | Gross<br>Unrealized<br>Gains | Gross<br>Unrealized<br>Losses | Estimated<br>Fair Value |
| Equity securities in a public company | $167930 | $455064 | $— | $622994 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | November 1, 2025 | November 1, 2025 | November 1, 2025 | November 1, 2025 |
|  | Cost | Gross<br>Unrealized<br>Gains | Gross<br>Unrealized<br>Losses | Estimated<br>Fair Value |
| Equity securities in a public company | $167930 | $415198 | $— | $583128 |

---

The fair values were estimated based on quoted market prices in active markets at each respective period end.

***Note 5 Fair Value of Financial Instruments***

The carrying amount of cash and cash equivalents, accounts and notes receivable, accounts payable, customer deposits and accrued expenses approximate fair value because of the short maturity of those instruments.

The Company accounts for the fair value of financial instruments in accordance with FASB Accounting Standards Codification (ASC) No. 820 "Fair Value Measurements" (ASC 820).

ASC 820 defines fair value as the price that would be received upon the sale of an asset or paid to transfer a liability (i.e. exit price) in an orderly transaction between market participants at the measurement date. ASC 820 requires disclosures that categorize assets and liabilities measured at fair value into one of three different levels depending on the assumptions (i.e. inputs) used in the valuation. Financial assets and liabilities are classified in their entirety based on the lowest level of input significant to the fair value measurement. The ASC 820 fair value hierarchy is defined as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Level 1 - Valuations are based on unadjusted quoted prices in active markets for identical assets or liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Level 2 - Valuations are based on quoted prices for similar assets or liabilities in active markets, or quoted prices in markets that are not active for which significant inputs are observable, either directly or indirectly.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Level 3 - Valuations are based on prices or valuation techniques that require inputs that are both observable and significant to the overall fair value measurement. Inputs reflect management's best estimate of what market participants would use in valuing the asset or liability at the measurement date.

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NOBILITY HOMES, INC.

Notes to Condensed Consolidated Financial Statements

(Unaudited)

The following tables represent the Company's financial assets and liabilities which are carried at fair value at January 31, 2026 and November 1, 2025.

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| | | | |
|:---|:---|:---|:---|
|  | January 31, 2026 | January 31, 2026 | January 31, 2026 |
|  | (Unaudited) | (Unaudited) | (Unaudited) |
|  | Level 1 | Level 2 | Level 3 |
| Equity securities in a public company | $622994 | $— | $— |

---

---

| | | | |
|:---|:---|:---|:---|
|  | November 1, 2025 | November 1, 2025 | November 1, 2025 |
|  | Level 1 | Level 2 | Level 3 |
| Equity securities in a public company | $583128 | $— | $— |

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***Note 6 Net Income per Share***

These condensed consolidated financial statements include "basic" and "diluted" net income per share information for all periods presented. The basic net income per share is calculated by dividing net income by the weighted average number of shares outstanding (see the condensed consolidated statement of income for weighted average shares outstanding for each period). The diluted net income per share is calculated by dividing net income by the weighted-average number of shares outstanding, adjusted for dilutive common shares, which are the result of outstanding stock options. The Company reported net income of $1,628,326 for the first quarter of 2026 or $0.50 per share (basic and diluted), compared to $1,980,422 or $0.61 per share ($0.60 diluted) for the first quarter of 2025. For the three-month periods ended January 31, 2026 and February 1, 2025, the Company had 107,900 and 45,400 unexercised stock options outstanding, respectively, that were anti-dilutive.

***Note 7 Revenues by Products and Services***

The Company operates in one business segment, which is manufactured housing and ancillary services.

Revenues by net sales from manufactured housing homes and insurance agent commissions for the three months ended January 31, 2026 and February 1, 2025 are as follows.

---

| | | |
|:---|:---|:---|
|  | Three Months Ended | Three Months Ended |
|  | (Unaudited) | (Unaudited) |
|  | January 31, | February 1, |
|  | 2026 | 2025 |
| Manufactured housing |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Homes sold through Company owned sales<br> centers | $6990417 | $10648928 |
| &nbsp;&nbsp;&nbsp;&nbsp;Homes sold to independent dealers and<br> through manufactured home parks, net | 3433532 | 1534440 |
|  | 10423949 | 12183368 |
| Insurance agent commissions | 78897 | 58374 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total net sales | $10502846 | $12241742 |

---

***Note 8 Related Party Transaction***

In January 2026, the Company repurchased 100,000 shares of common stock from our President at $29.70 per share.

***Note 9 Subsequent Events***

On March 6, 2026, Board of Directors amended the termination date of the Nobility Homes, Inc. 2011 Stock Incentive Plan from June 1, 2026 until June 1, 2031.

The Board of Directors on March 6, 2026 declared a one-time cash dividend of $1.50 per common share for the fiscal year 2025. The cash dividend is payable on April 13, 2026, to stockholders of record as of March 30, 2026.

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**Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations** 

**Results of Operations**

Total net sales in the first quarter of 2026 were $10,502,846 compared to $12,241,742 in the first quarter of 2025. Net income was $1,628,326 in the first quarter of 2026, compared to a net income of $1,980,422 in the first quarter of 2025. Total net sales decreased during the first three months of 2026 as compared to same period in 2025 due to a decrease in the number of new retail homes sold in our Company owned retail sales centers (43 homes versus 67 homes) partially offset by an increase in the number of homes sold to independent dealers (57 homes versus 31 homes) which have lower margins. In addition, we are building and selling lower-priced homes to offset costs for customers due to the higher interest rates.

We believe that potential customers have delayed or deferred purchasing decisions, or are generally opting to purchase lower cost homes, when considering the higher interest rate environment and the uncertainty of the economy, which continue to negatively impact sales. There also remain delays in the receipt of certain key production materials from suppliers, as well as back orders, price increases, tariffs and labor shortages which continue to cause delays in the completion of the homes at our manufacturing facility. We also continue to experience inflation in several building products resulting in increases in our material and labor costs. We expect these challenges will continue throughout fiscal year 2026.

According to the Florida Manufactured Housing Association, shipments for the manufacturing housing industry in Florida for the period from November 2025 through January 2026 increased by approximately 2% from the same period last year.

The following table summarizes certain key sales statistics and percentage of gross profit for the three months ended January 31, 2026 and February 1, 2025.

---

| | | |
|:---|:---|:---|
|  | Three Months Ended | Three Months Ended |
|  | (Unaudited) | (Unaudited) |
|  | January 31, | February 1, |
|  | 2026 | 2025 |
| New homes sold through Company owned sales centers | 43 | 67 |
| Homes sold to independent dealers | 57 | 31 |
| Total new factory built homes produced | 96 | 87 |
| Average new manufactured home price - retail | $159480 | $154016 |
| Average new manufactured home price - wholesale | $68173 | $69095 |
| As a percent of net sales: |  |  |
| Gross profit from the Company owned retail sales centers | 23% | 22% |
| Gross profit from the manufacturing facilities - including<br> intercompany sales | 22% | 25% |

---

Maintaining our strong financial position is vital for future growth and success. Our many years of experience in the Florida market, combined with home buyers' increased need for more affordable housing, should serve the Company well in the coming years. Management remains convinced that our specific geographic market is one of the best long-term growth areas in the country.

On June 5, 2025, we celebrated our 58<sup>th</sup>anniversary in business specializing in the design and production of quality, affordable manufactured and modular homes. With multiple retail sales centers in Florida for over 35 years and an insurance agency subsidiary, we are the only vertically integrated manufactured home company headquartered in Florida.

Insurance agent commission revenues in the first quarter of 2026 were $78,897 compared to $58,374 in the first quarter of 2025. Revenues are generated by new and renewal policies being written which affect agent commission earned. The Company establishes appropriate reserves for policy cancellations based on numerous factors, including past transaction history with customers, historical experience and other information, which is periodically evaluated and adjusted as deemed necessary. In the opinion of management, no reserve was deemed necessary for policy cancellations at January 31, 2026 and November 1, 2025.

Gross profit as a percentage of net sales was 30% in the first quarter of 2026 compared to 32% in the first quarter of 2025. The gross profit in the first quarter of 2026 was $3,197,106 compared to $3,970,785 in the first quarter of 2025. The gross profit is dependent on the sales mix of wholesale and retail homes and number of pre-owned homes sold. The gross profit as a percentage of net sales decreased due to an increase in the number of homes sold to independent dealers and a decrease in the number of homes sold at our Company owned retail sales centers that generate higher margins.

Selling, general and administrative expenses as a percent of net sales was 13% in the first quarter of 2026 compared to 14% for the first quarter of 2025. Selling, general and administrative expenses in the first quarter of 2026 was $1,369,656 compared to $1,676,650 in the first quarter of 2025. The dollar decrease in selling, general and administrative expenses for the first three months of 2026 versus 2025 were due to decrease in the number of new home sold at our Company owned retail sales centers.

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We earned interest income of $255,849 for the first quarter of 2026 compared to $285,278 for the first quarter of 2025. The amount of interest income is primarily a function of change in the interest rates and the amount invested.

Our earnings from Majestic 21 in the first quarter of 2026 were $26,191 compared to $25,805, for the first quarter of 2025. The earnings from Majestic 21 represent the allocation of profit and losses which are owned 50% by 21st Mortgage Corporation and 50% by the Company. The earnings from the Majestic 21 loan portfolio vary quarter to quarter, but overall, the earnings will continue to decrease due to the amortization, maturity and payoff of the loans.

We received distributions from 21<sup>st</sup>Mortgage Corporation in the first quarter of 2026 of $21,446 compared to $38,152 in the first quarter of 2025. The distributions are from an escrow arrangement related to a Finance Revenue Sharing Agreement (FRSA) between 21<sup>st</sup>Mortgage Corporation and the Company. The distributions from the escrow arrangement, relating to certain loans financed by 21<sup>st</sup>Mortgage Corporation, are recorded as income by the Company when received. The earnings from the FRSA loan portfolio will vary quarter to quarter, but will continue to decrease due to the amortization and payoff of the loans.

The Company realized pre-tax income in the first quarter of 2026 of $2,181,132 as compared to $2,649,213 in the first quarter of 2025.

The Company recorded an income tax expense in the amount of $552,806 in the first quarter of 2026 as compared to $668,791 in first quarter 2025.

We reported net income of $1,628,326 for the first quarter of 2026 or $0.50 per share (basic and diluted), compared to $1,980,422 or $0.61 per share ($0.60 diluted), for the first quarter of 2025.

**Liquidity and Capital Resources**

Cash and cash equivalents were $11,083,302 at January 31, 2026 compared to $13,230,504 at November 1, 2025. Certificates of deposit were $14,184,546 at January 31, 2026 compared to $13,109,325 at November 1, 2025. Short-term investments were $622,994 at January 31, 2026 compared to $583,128 at November 1, 2025. Working capital was $45,560,911 at January 31, 2026 as compared to $46,866,425 at November 1, 2025. During January 2026, the Company repurchased 100,000 shares of common stock from our President at $29.70 per share ($2,970,000). A cash dividend was paid from our cash reserves in April 2025 in the amount of $1.25 per share ($4,086,247) and on March 6, 2026, we declared a one-time cash dividend of $1.50 per common share for the fiscal year 2025 payable on April 13, 2026, to shareholders of record as March 30, 2026. Prestige new home inventory was $17,073,000 at January 31, 2026 compared to $16,605,049 at November 1, 2025. We own the entire inventory for our Prestige retail sales centers, which includes new and pre-owned homes, and do not incur any third-party floor plan financing expenses.

The Company currently has no line of credit facility and no debt and does not believe that such a facility is currently necessary for its operations. The Company also has approximately $4.8million of cash surrender value of life insurance which it would be able to access as an additional source of liquidity though the Company has not currently viewed this to be necessary. As of January 31, 2026, the Company continued to report a strong balance sheet which included total assets of approximately $65.9 million which was funded primarily by stockholders' equity of approximately $59.4 million.

**Critical Accounting Policies and Estimates** 

In Item 7 of our Form 10-K, under the heading "Critical Accounting Policies and Estimates," we have provided a discussion of the critical accounting policies and estimates that management believes affect its more significant judgments and estimates used in the preparation of our Consolidated Financial Statements. No significant changes have occurred since that time.

**Forward-Looking Statements**

Certain statements in this report are unaudited or forward-looking statements within the meaning of the federal securities laws. Although Nobility believes that the amounts and expectations reflected in such forward-looking statements are based on reasonable assumptions, there are risks and uncertainties that may cause actual results to differ materially from expectations. These risks and uncertainties include, but are not limited to, the potential adverse impact on our business caused by competitive pricing pressures at both the wholesale and retail levels, inflation, tariffs, increasing material costs (including forest based products) or availability of materials due to supply chain interruptions (such as current inflation with forest products and supply issues with vinyl siding and PVC piping), changes in market demand, increase in interest rates, availability of financing for retail and wholesale purchasers, consumer confidence, adverse weather conditions that reduce sales at retail centers, the risk of manufacturing plant shutdowns due to storms or other factors, the impact of marketing and cost-management programs, the impact of higher interest rates on mortgage financing, reliance on the Florida economy, impact of labor shortage, impact of materials shortage, increasing labor cost, cyclical nature of the manufactured housing industry, impact of rising fuel costs, catastrophic events impacting insurance costs, availability of insurance coverage for various risks to Nobility, market demographics, management's ability to attract and retain executive officers and key personnel, increased global tensions, market disruptions resulting from terrorist attacks, or other events such as a pandemic, any armed conflict involving the United States and the impact of inflation.

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**Item 4. Controls and Procedures** 

*Evaluation of Disclosure Controls and Procedures*

The Company's Chief Executive Officer (principal executive officer) and Chief Financial Officer (principal financial officer) have evaluated the effectiveness of the Company's disclosure controls and procedures (as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the "Exchange Act")) as of the end of the period covered by this report (the "Evaluation Date"). Based on their evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that the Company's disclosure controls and procedures were effective as of January 31, 2026.

*Changes in Internal Control over Financial Reporting.*

There were no changes in our internal controls over financial reporting that occurred during the first quarter of fiscal 2026 that have materially affected, or are reasonably likely to materially affect, the Company's internal controls over financial reporting.

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**Part II. OTHER INFORMATION AND SIGNATURES** 

There were no reportable events for Item 1, 3 and 4.

**Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.**

The following table represents information with respect to purchase by the Company of its common stock during the three months ended January 31, 2026.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total number |  | Toal number of shares | Maximum number of shares |
|  | of shares | Average price | purchased as part of public | that may yet be purchased |
| <u>Period</u> | <u>repurchased</u> | <u>paid per share</u> | <u>announced plans or programs\*</u> | <u>under the plans or programs\*</u> |
| Nov 02, - Nov 30, 2025 | 0 | $0.00 | 0 | 0 |
| Dec 01, - Dec 31, 2025 | 0 | $0.00 | 0 | 0 |
| Jan 01, - Jan 31, 2026 | 100000 | $29.70 | 100000 | 0 |

---

\*The Company's Board of Directors in September of 2025, authorized the Company to repurchase up to 200,000 shares of the Company's common stock during fiscal year 2026 on the open market. During the three months ended January 31, 2026, the Company repurchased an aggregate of 100,000 shares of common stock. There were no shares of its common stock purchased in the first quarter of 2025.

**Item 5. Other Information**

During the three months ended January 31, 2026 no director or Section 16 officer of the Company adopted or terminated a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement," as each term is defined in item 408(a) of Regulation S-K.

**Item 6. Exhibits** 

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| | |
|:---|:---|
| 31. <br>(a)  | [<u>Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act and Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934</u>](ck0000072205-ex31_a.htm) |
| (b)  | [<u>Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act and Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934</u>](ck0000072205-ex31_b.htm) |
| 32. <br> (a)  | [<u>Written Statement of Chief Executive Officer Pursuant to 18 U.S.C. §1350</u>](ck0000072205-ex32_a.htm) |
| (b)  | [<u>Written Statement of Chief Financial Officer Pursuant to 18 U.S.C. §1350</u>](ck0000072205-ex32_b.htm) |
| 101. | Interactive data filing formatted in XBRL |
| 104. | Cover Page Interactive Date File (formatted as inline XBRL and contained in Exhibit 101. |

---

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**Signatures** 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | NOBILITY HOMES, INC. | NOBILITY HOMES, INC. |
| DATE: March 17, 2026 | By: | /s/ Terry E. Trexler |
|  |  | Terry E. Trexler, Chairman, |
|  |  | President and Chief Executive Officer |
| DATE: March 17, 2026 | By: | /s/ Thomas W. Trexler |
|  |  | Thomas W. Trexler, Executive Vice President, Secretary |
|  |  | and Chief Financial Officer |
| DATE: March 17, 2026 | By: | /s/ Lynn J. Cramer, Jr. |
|  |  | Lynn J. Cramer, Jr., Treasurer |
|  |  | and Principal Accounting Officer |

---

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## Ex-31.(A)

Exhibit 31(a)

**Certification of Chief Executive Officer**

**Pursuant to Section 302 of the Sarbanes-Oxley Act and Rule 13a-14(a)**

**or 15d-14(a) under the Securities Exchange Act of 1934**

I, Terry E. Trexler, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of Nobility Homes, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under their supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| | | |
|:---|:---|:---|
| DATE: March 17, 2026 | By: | /s/ Terry E. Trexler |
|  |  | Terry E. Trexler, Chairman, |
|  |  | President and Chief Executive Officer |

---

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## Ex-31.(B)

Exhibit 31(b)

**Certification of Chief Financial Officer**

**Pursuant to Section 302 of the Sarbanes-Oxley Act and Rule 13a-14(a)**

**or 15d-14(a) under the Securities Exchange Act of 1934**

I, Thomas W. Trexler, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of Nobility Homes, Inc;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under their supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;DATE: March 17, 2026 | &nbsp;&nbsp;&nbsp;&nbsp;By: | /s/ Thomas W. Trexler |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;Thomas W. Trexler, Executive Vice President, |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;Secretary and Chief Financial Officer |

---

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## Ex-32.(A)

<br>Exhibit 32(a)

**Written Statement of the Chief Executive Officer**

**Pursuant to 18 U.S.C. §1350**

Solely for the purposes of complying with 18 U.S.C. Section 1350, I, the undersigned Chairman and Chief Executive Officer of Nobility Homes, Inc. (the "Company"), hereby certify that:

1. The Quarterly Report on Form 10-Q of the Company for the quarter ended January 31, 2026 (the "Report") fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

---

| | | |
|:---|:---|:---|
| DATE: March 17, 2026 | By: | /s/ Terry E. Trexler |
|  |  | Terry E. Trexler, Chairman, |
|  |  | President and Chief Executive Officer |

---

------

## Ex-32.(B)

<br>Exhibit 32(b)

**Written Statement of the Chief Financial Officer**

**Pursuant to 18 U.S.C. §1350**

Solely for the purposes of complying with 18 U.S.C. Section 1350, I, the undersigned Executive Vice President, Secretary and Chief Financial Officer of Nobility Homes, Inc. (the "Company"), hereby certify that:

1. The Quarterly Report on Form 10-Q of the Company for the quarter ended January 31, 2026 (the "Report") fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

---

| | | |
|:---|:---|:---|
| DATE: March 17, 2026 | By: | /s/ Thomas W. Trexler |
|  |  | Thomas W. Trexler, Executive Vice President, |
|  |  | Secretary and Chief Financial Officer |

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