CVGI News & Events

As part of its Q4 earnings press release, the company stated: "After returning to growth in the third quarter, we saw further acceleration in our Global Electrical Systems segment revenue and margins as we continue to ramp new wins in that business, most significantly the Zoox autonomous vehicle platform. We expect continued growth in 2026 in this segment. In our Global Seating segment, we saw operating margin expansion, even in a softer demand environment, driven by operational efficiencies and cost reductions. Our Trim Systems and Components segment faced continued weakness in the North American Class 8 truck market, but we have taken proactive steps that we believe will lead to improved profitability in this segment. I'm encouraged by the momentum we are building in our businesses, as a result of our operational efficiencies and in advance of end market recovery."

Sees FY26 Adjusted EBITDA $24M-$30M; and Free Cash Flow "Positive".

Reports Q4 revenue $154.8M, consensus $147.05M. James Ray, President and CEO said, "We are encouraged by the resilience and consistency seen in our Q4 results. The actions we took to drive operational efficiencies and right-size our footprint continued to pay off, highlighted by the year-over-year gross margin improvement of 190 basis points seen last quarter. Our focus on our cost structure also drove a full year decline of $4.8M in SG&A expenses in 2025. We expect to see continued operating leverage into 2026 as we ramp new business wins and our end markets stabilize and start to recover."

Consensus $655.2M. Cuts FY25 adjusted EBITDA view to $17M-$19M from $21M-$25M. Affirms FY25 free cash flow view of over $30M.