Business UpdateMay 22, 2026, 05:07 PM
Cavco Industries Reports FY26 Home Sales 20,842 Units; Backlog $195M
AI Summary
Cavco Industries, Inc. reported selling 20,842 factory-built homes in fiscal year 2026, an increase from 19,753 units in fiscal year 2025. The company's home order backlog stood at $195 million as of March 28, 2026, a slight decrease from $197 million a year prior. Cavco operates 33 homebuilding production lines and 92 Company-owned retail stores, while its financial services segment, CountryPlace, provides various mortgage and home-only loans, and Standard Casualty offers property and casualty insurance for manufactured homes. The company also detailed its commercial financing arrangements, including $141 million in contingent repurchase obligations.
Key Highlights
- Sold 20,842 factory-built homes in fiscal year 2026, up from 19,753 in FY25.
- Home order backlog was $195 million as of March 28, 2026.
- Backlog decreased slightly from $197 million reported one year earlier.
- Operates 33 homebuilding production lines, 31 in US and 2 in Mexico.
- Maintains 92 Company-owned retail stores, with 57 located in Texas.
- Contingent repurchase obligations totaled $141 million as of March 28, 2026.
- Manufactured housing accounted for 13.1% of new single-family homes in 2024.
- Shipped 103,000 HUD code homes in calendar year 2025, same as 2024.
Price Impact
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