Cavco Industries (CVCO) Earnings: Q2 Fiscal 2027 Results and Next Report Date

The quarter ended September 26, 2026 and Cavco Industries published the results on October 29, 2026. Revenue and diluted EPS are shown against Q2 fiscal 2026, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• Cavco Industries' fiscal year ends on the Saturday nearest March 31. Q2 fiscal 2027 ended September 26, 2026.
• Cavco Industries reports in thousands. Figures here are in millions to one decimal.
• Cavco Industries acquired American Homestar on September 29, 2025, so the year-ago quarter does not include it.
• Selling, general and administrative expenses include a one-time $7 million benefit from a return of insurance premium, which Cavco says added $0.70 to diluted EPS.

Source: Cavco Industries Q2 fiscal 2027 results, October 29, 2026. Also in the Form 10-Q for the quarter ended September 26, 2026. Figures as reported; checked against the release on November 10, 2026.

How Cavco Industries splits revenue in its own release, under its own labels, for Q2 fiscal 2027 against Q2 fiscal 2026. Indented lines are parts of the line above them.

• Cavco Industries's Factory-built housing revenue was $634 million in Q2 fiscal 2027, up 18% from $535 million in Q2 fiscal 2026, 97% of total revenue.
• Cavco Industries's Financial services revenue was $22.6 million in Q2 fiscal 2027, up 6% from $21.4 million in Q2 fiscal 2026, 3% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Net revenue and GAAP diluted EPS, each as first reported in that quarter's release. Cavco Industries reports no adjusted EPS.

Cavco Industries's next report is expected around January 28, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q2 fiscal 2027 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q2 fiscal 2027 (this page), reported Oct 29, 2026

Cavco Industries' net revenue was $656.4 million in Q2 fiscal 2027, up 17.9% from $556.5 million, which Cavco attributed primarily to growth in home sales volume and average selling price per home. Factory-built housing, the manufactured and modular homes Cavco builds and sells, brought in $633.7 million; financial services, its mortgage and insurance business, $22.6 million. (Cavco Industries Q2 fiscal 2027 release (Form 8-K, Exhibit 99.1), Oct 29, 2026)

Cavco Industries sold 5,972 homes, up 15.3% from 5,178, made up of 9,794 modules. Net factory-built housing revenue per home sold was $106,118, up 2.7% from $103,344. Cavco said volume grew both from the American Homestar acquisition, which it completed on September 29, 2025 for $181.3 million, adding two manufacturing facilities and 19 retail locations, and organically. Capacity utilization stayed at approximately 75%. (Cavco Industries Q2 fiscal 2027 release (Form 8-K, Exhibit 99.1), Oct 29, 2026; Cavco Industries Form 10-Q, quarter ended September 26, 2026, Oct 30, 2026)

Most of Cavco Industries' homes go to independent retailers, builders, communities and developers: 4,578 in the quarter, against 1,394 sold through Company-owned retail sales centers. Cavco operates 31 homebuilding production lines in the U.S. plus 2 in Mexico, and 57 of its 92 Company-owned retail stores are in Texas. (Cavco Industries Form 10-Q, quarter ended September 26, 2026, Oct 30, 2026; Cavco Industries Form 10-K, fiscal year ended March 28, 2026, May 22, 2026)

Cavco Industries' financial services segment combines CountryPlace Mortgage, which offers manufactured home loans and is a Fannie Mae and Freddie Mac seller/servicer, and Standard Casualty, which insures manufactured homes. Its net revenue rose 5.8% on higher loan sale volume and higher retained insurance premium net of reinsurance payments, and its gross profit was 60.2% of net revenue, against 55.6%. (Cavco Industries Q2 fiscal 2027 release (Form 8-K, Exhibit 99.1), Oct 29, 2026)

Cavco Industries reports only GAAP EPS. Diluted EPS was $7.17 in Q2 fiscal 2027, against $6.55, and net income was $55.4 million, against $52.4 million. Selling, general and administrative expenses included a one-time $7 million benefit from a return of insurance premium related to additional D&O insurance purchased in 2019, which Cavco said added $0.70 to diluted EPS. (Cavco Industries Q2 fiscal 2027 release (Form 8-K, Exhibit 99.1), Oct 29, 2026)

Cavco Industries' factory-built housing gross margin fell to 21.1% from 22.9%, as higher input costs partly offset the gains from volume and price. Interest income fell to $3.6 million from $5.0 million because cash balances were lower after the cash purchase of American Homestar, and the effective tax rate rose to 24.4% from 22.1%. (Cavco Industries Q2 fiscal 2027 release (Form 8-K, Exhibit 99.1), Oct 29, 2026; Cavco Industries Form 10-Q, quarter ended September 26, 2026, Oct 30, 2026)

Buybacks lowered Cavco Industries' share count. Diluted weighted average shares were 7,734,777, against 7,992,745 a year earlier. Cavco repurchased approximately $30 million of stock in the quarter, and $158 million remained under its Board authorizations. (Cavco Industries Form 10-Q, quarter ended September 26, 2026, Oct 30, 2026; Cavco Industries Q2 fiscal 2027 release (Form 8-K, Exhibit 99.1), Oct 29, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Cavco Industries does not publish a revenue or earnings outlook in its release. The release does report backlog: $348 million at the end of the quarter, representing 8-10 weeks of production, up from $298 million at the end of the prior quarter. (Cavco Industries Q2 fiscal 2027 release (Form 8-K, Exhibit 99.1), Oct 29, 2026)

In the release, Cavco Industries' CEO Bill Boor said orders were off the preceding quarter's pace but remained healthy, that Cavco can adjust production for the seasonally slower winter months, and that materials inflation is expected to remain a challenge. He also said Cavco began to see orders and shipments of data center workforce housing during the quarter. (Cavco Industries Q2 fiscal 2027 release (Form 8-K, Exhibit 99.1), Oct 29, 2026)

A consensus figure is the average of the models published by the analysts who cover Cavco Industries, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Cavco Industries's own release and filings put weight on for Q2 fiscal 2027, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning CVCO is on is CVCO a buy or a sell?, what analysts expect next is on the CVCO forecast, and what the company does is on the Cavco Industries (CVCO) stock page.

Every number on this page can be traced to a document Cavco Industries published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.