SKY Champion Homes, Inc.

FY2025 10-K
Filed: May 27, 2025
Materials
Mobile HomesSEC EDGAR

Champion Homes, Inc. (SKY) filed its fiscal year 2025 10-K annual report with the SEC on May 27, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business: Leading North American producer of factory-built housing including manufactured, modular homes, park model RVs, ADUs, and modular buildings
  • New emphasis on financing via Champion Financing joint venture offering dealer floor plan and consumer retail financing launched fiscal 2025
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Management Discussion & Analysis

  • Revenue $2.48B, up 22.7% YoY, driven by U.S. manufacturing/retail sales increasing $472.4M (25.1%), partially offset by Canadian sales down $14.9M (13.7%)
  • Operating margin 9.5% vs 8.7%, gross margin 26.7% vs 24.0%, net margin 8.0% vs 7.2% YoY; gross profit up $178.2M (36.7%) driven by U.S. segment
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Risk Factors

  • U.S. tariffs on foreign imports in fiscal 2025 raising raw material costs, affecting cost of goods and potentially requiring price increases or supply chain shifts
  • Over 75% of shipments dependent on independent distributor networks vulnerable to cancellation or financial insolvency, risking sales decline
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Financial Summary
XBRL

Revenue

$2.5B

Net Income

$198M

Gross Margin

26.7%

Operating Margin

9.5%

Net Margin

8.0%

ROE

12.8%

Total Assets

$2.1B

EPS (Diluted)

$3.42

Operating Cash Flow

$241M

Source: XBRL data from Champion Homes, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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