Earnings summaries and quarterly performance for Commercial Vehicle Group.
Executive leadership at Commercial Vehicle Group.
Board of directors at Commercial Vehicle Group.
Research analysts who have asked questions during Commercial Vehicle Group earnings calls.
GP
Gary Prestopino
Barrington Research
4 questions for CVGI
Also covers: AIOT, CARS, CCCS +16 more
John Franzreb
Sidoti & Company
4 questions for CVGI
Also covers: AZZ, CSV, CTS +10 more
JG
Joseph Gomes
G.research, LLC
3 questions for CVGI
Also covers: ACCO, BTBT, CMTL +17 more
Steven Martin
Slater Capital Management
2 questions for CVGI
Also covers: BETR, LRFC, PTMN
DD
Douglas Dethy
DC Capital Partners
1 question for CVGI
JG
Joe Gomes
Noble Capital Markets
1 question for CVGI
Also covers: ACCO, BLBX, BTBT +15 more
Recent press releases and 8-K filings for CVGI.
CVGI Reports Q3 2025 Results with Revenue Decline, Improved Margins, and Lowered Full-Year Guidance
CVGI
Earnings
Guidance Update
Demand Weakening
- CVGI reported Q3 2025 consolidated revenue of $152.5 million, a decrease from the prior year, primarily due to softening customer demand. Despite this, adjusted gross margin improved to 12.1% (up 50 basis points year-over-year) and adjusted EBITDA increased to $4.6 million.
- The company recorded a net loss of $6.8 million, or $0.20 per diluted share, and an adjusted net loss of $4.6 million, or $0.14 per diluted share for Q3 2025, influenced by softened demand, higher interest, and taxes.
- Free cash flow for Q3 2025 was negative $3.4 million; however, year-to-date free cash generation reached $25 million, an increase of $14 million from the prior year.
- The Global Electrical Systems segment revenue increased by 6% to $49.5 million, driven by new business wins, while the Trim Systems and Components segment's revenue decreased by 29% to $34.3 million due to lower demand.
- CVGI lowered its full-year 2025 revenue guidance to $640 million-$650 million and adjusted EBITDA guidance to $17 million-$19 million. The company maintained its full-year free cash flow guidance of at least $30 million, which it expects to use for debt reduction.
Nov 11, 2025, 1:30 PM
CVGI Reports Q3 2025 Results and Updates Fiscal 2025 Outlook
CVGI
Earnings
Guidance Update
Demand Weakening
- CVGI reported Q3 2025 revenue of $152.5 million, a decline from $171.8 million in Q3 2024, primarily due to softening customer demand.
- Adjusted EBITDA for Q3 2025 increased 7.0% year-over-year to $4.6 million, driven by operational efficiencies and reduced SG&A expenses.
- The company achieved $25.0 million in year-to-date Free Cash Flow for 2025, significantly up from $11.4 million in the prior year, due to improved working capital and lower capital spending.
- CVGI updated its Fiscal 2025 outlook, revising Net Sales to $640 - $650 million and Adjusted EBITDA to $17 - $19 million, while maintaining Free Cash Flow expectations of greater than $30 million.
- Despite a revenue decline, adjusted gross margin improved to 12.1% in Q3 2025, up 10 basis points sequentially from Q2 2025 and 370 basis points from Q4 2024, reflecting operational efficiency gains.
Nov 11, 2025, 1:30 PM
CVG Reports Q3 2025 Results and Updates Full-Year Guidance
CVGI
Earnings
Guidance Update
Demand Weakening
- Commercial Vehicle Group (CVG) reported Q3 2025 revenues of $152.5 million, an 11.2% decrease year-over-year, resulting in a diluted EPS of $(0.20).
- Despite the revenue decline, Adjusted EBITDA increased 7.0% to $4.6 million in Q3 2025, driven by improved gross margin performance and lower SG&A expenses.
- The Global Electrical Systems segment returned to year-over-year revenue growth, increasing 5.9%.
- CVG updated its full-year 2025 guidance, lowering Net Sales to $640 - $650 million and Adjusted EBITDA to $17 - $19 million, citing continued lower demand in North American Class 8 truck, Construction, and Agriculture end markets.
Nov 10, 2025, 10:17 PM
CVG Reports Third Quarter 2025 Results
CVGI
Earnings
Guidance Update
Demand Weakening
- CVG reported third quarter 2025 revenues of $152.5 million, an 11.2% decrease compared to the prior year, primarily due to softening North American demand.
- The company posted a net loss from continuing operations of $6.8 million, or $(0.20) per diluted share, and adjusted EBITDA of $4.6 million for Q3 2025.
- Despite overall lower demand, the Global Electrical Systems segment returned to year-over-year revenue growth, driven by new business wins.
- Management expects to generate at least $30 million in free cash flow for the full fiscal year and reported total liquidity of $127.8 million as of September 30, 2025.
Nov 10, 2025, 10:15 PM
CVG Announces Q4 2024 Results, Strategic Actions, and 2025 Guidance
CVGI
Earnings
Guidance Update
Demand Weakening
- CVG implemented significant strategic actions in 2024, including divesting non-core businesses and eliminating approximately 1,300 positions, or 17% of its headcount. These actions are projected to generate $15 million-$20 million in cost savings in 2025.
- For 2025, CVG provided guidance anticipating revenue between $670 million and $710 million and adjusted EBITDA between $25 million and $30 million. The company expects to achieve positive free cash flow in 2025 to reduce debt.
- In Q4 2024, CVG's financial performance was challenged, with Electrical Systems revenue decreasing 28% to $40.3 million and Vehicle Solutions revenue decreasing 15% to $91.4 million year-over-year. This was largely due to external market conditions and internal operational inefficiencies.
- CVG announced a new organizational structure, effective Q1 2025, which will consist of three operating segments: Global Electrical Systems, Global Seating, and Trim Systems and Components, designed to enhance focus and reduce corporate costs.
- Despite projected declines of 5%-10% in key end markets (heavy truck, construction, agriculture) for 2025, CVG secured approximately $97 million of new business wins in 2024 (when fully ramped), primarily in electrical systems and outside traditional construction and agriculture markets.
Mar 11, 2025, 12:30 PM
Quarterly earnings call transcripts for Commercial Vehicle Group.
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