How has Virco Manufacturing Corporation's non-cash rent expense changed year-over-year?

Virco Manufacturing Corporation's non-cash rent expense increased by 116.7% year-over-year, from -$720K to $120K.

Virco Manufacturing Corporation VIRC Non-cash Rent Expense

Revenue$30.7M-9.1%

Gross profit$12.7M-20.8%

Operating income-$3.7M-3,794%

Net income-$2.8M-479%

EPS (diluted)-$0.18-460%

Cash & equivalents$3.7M+299%

Total debt$38.8M-6.1%

Total equity$102.4M-3.0%

Total assets$175.5M-4.5%

Operating cash flow-$9.4M+50.8%

CapEx$699.0K-71.4%

Free cash flow-$10.1M+53.2%

Market cap$96.58M-26.3%

Enterprise value$131.61M-23.2%

P/E14.2×—

P/S0.5×0.0×

Gross margin39.6%-3.9pp

Operating margin12.8%—

Net margin10.7%+9.4pp

FCF margin14.3%+9.9pp

Return on equity35.9%+31.3pp

Debt / equity0.4×0.0×

Current ratio2.7×-0.3×

Reported directly by Virco Manufacturing Corporation in its filing.

Tagged under the XBRL concept virc:NoncashRentExpense.

The official record: Virco Manufacturing Corporation’s 10-Q, filed June 3, 2026, on SEC EDGAR. View the filing →

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What is Virco Manufacturing Corporation's non-cash rent expense?: Virco Manufacturing Corporation (VIRC) reported non-cash rent expense of $120K in Q1 2026.
How has Virco Manufacturing Corporation's non-cash rent expense changed year-over-year?: Virco Manufacturing Corporation's non-cash rent expense increased by 116.7% year-over-year, from -$720K to $120K.