Cavco Industries reported fiscal first quarter results for the period ended June 27, 2026. Net revenue increased 9.5% to $610 million from $557 million in the prior year, driven by a 4.4% rise in home sales volume and higher revenue per unit. Diluted net income per share declined 15.4% to $5.43 compared to $6.42 previously, as gross profit margins in factory-built housing contracted from 22.6% to 20.8%. The company's backlog grew significantly to $298 million, representing 7-9 weeks of production against $195 million a year earlier. Cavco repurchased approximately $30 million of stock during the quarter, leaving $188 million available under existing authorizations. Cavco Industries is a leading manufacturer and distributor of factory-built housing products, including manufactured homes, modular homes, park model RVs, and vacation cabins.