Filing Flows › Commercial Vehicle Group (CVGI) › Q2 2025
Commercial Vehicle Group (CVGI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 4, 2025
Commercial Vehicle Group (CVGI) reported revenue of $172M for the second quarter 2025 (Q2 2025), -11% from a year earlier and +1% from the quarter before. Operating margin was 0.5%, net loss $4.8M (2.8% of revenue).
Commercial Vehicle Group, Q2 2025: revenue $172M (-11% year over year), operating margin 0.5%, net loss $4.8M, operating cash flow $18.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $172M | +1% | -11% |
| Operating profit | $797K | -43% | — |
| Net earnings | −$4.8M | — | — |
| Operating cash flow | $18.9M | +24% | +50% |
| Free cash flow | $17.4M | — | +173% |
What changed
Revenue was $172.0M in Q2 2025, down 11% year over year and up 1% from the previous quarter. Seats was the largest line at 43% of revenue. Plastic & Trim components lost $9.7M year over year (down 22%), 44% of the total change.
Gross margin was 11.4%, up 0.8 points from a year earlier. Operating profit was $797K, a 0.5% margin (down 0.1 points year over year). Operating expenses fell 3% while revenue fell 11%. The quarter ended with a net loss of $4.8M, wider than the previous quarter's $4.3M loss. Net interest and other expense of $3.8M was the main reason.
Operating cash flow was $18.9M (up 50% year over year). Non-cash charges added back $3.7M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $19.0M. After purchases of property, plant and equipment ($1.5M), free cash flow as the company reports it was $17.4M.
Questions
What was Commercial Vehicle Group's revenue in the second quarter 2025?
Commercial Vehicle Group (CVGI) reported revenue of $172M for the second quarter 2025 (Q2 2025), -11% from a year earlier and +1% from the quarter before.
Was Commercial Vehicle Group profitable in the second quarter 2025?
Operating profit was $797K (0.5% of revenue) and net loss $4.8M.