Filing Flows › Core Molding Technologies (CMT) › Q1 2026
Core Molding Technologies (CMT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Core Molding Technologies (CMT) reported revenue of $58.6M for the first quarter 2026 (Q1 2026), -5% from a year earlier and -22% from the quarter before. Operating margin was 1.3%, net earnings $605K (1.0% of revenue).
Core Molding Technologies, Q1 2026: revenue $58.6M (-5% year over year), operating margin 1.3%, net earnings $605K, operating cash flow −$9.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $58.6M | -22% | -5% |
| Gross profit | $12.0M | +6% | +2% |
| Operating profit | $764K | -79% | -73% |
| Net earnings | $605K | -80% | -72% |
| Operating cash flow | −$9.2M | -284% | -251% |
What changed
Revenue was $58.6M in Q1 2026, down 5% year over year and down 22% from the previous quarter. Product was the largest line at 98% of revenue. Product lost $3.6M year over year (down 6%), 124% of the total change.
Gross margin was 20.4%, up 1.3 points from Q1 2025. Operating profit was $764K, a 1.3% margin (down 3.3 points year over year). Operating expenses grew 25% against a revenue fall of 5%. Net earnings were $605K, down 72% year over year. The effective tax rate was 23.9%.
Operating cash flow was −$9.2M. Non-cash charges added back $3.1M of depreciation and amortization and $495K of share-based compensation. Working capital and other items used $13.4M. Capital expenditures of $3.8M exceeded it, leaving free cash flow of −$13.0M.
Questions
What was Core Molding Technologies' revenue in the first quarter 2026?
Core Molding Technologies (CMT) reported revenue of $58.6M for the first quarter 2026 (Q1 2026), -5% from a year earlier and -22% from the quarter before.
Was Core Molding Technologies profitable in the first quarter 2026?
Operating profit was $764K (1.3% of revenue) and net earnings $605K.