Filing Flows › Commercial Vehicle Group (CVGI) › Q3 2026 › vs Q2 2026
Commercial Vehicle Group (CVGI) Q3 2026 vs Q2 2026 (quarter over quarter)
Commercial Vehicle Group's revenue rose $12.9M (+7%) from $195M in Q2 2026 to $208M in Q3 2026. The biggest changes: Seats +$5.8M (+8%); Plastic & Trim components +$5.1M (+12%); Electrical wire harnesses, panels and assemblies +$2.3M (+3%). Gross margin 13.5% against 12.7% (+0.8 pts).
Commercial Vehicle Group, Q3 2026: revenue $208M (+36% year over year), operating margin 3.7%, net earnings $5.6M, operating cash flow $1.6M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 13.5% | 12.7% | +0.8 pts |
| Operating margin | 3.7% | 0.8% | +2.9 pts |
| Net margin | 2.7% | -5.2% | +7.9 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Seats | $80.6M | $74.9M | $5.8M | +8% |
| Electrical wire harnesses, panels and assemblies | $67.9M | $65.6M | $2.3M | +3% |
| Plastic & Trim components | $47.4M | $42.3M | $5.1M | +12% |
| Mirrors, wipers and controls | $12.2M | $12.5M | −$291K | -2% |
| Revenue | $208M | $195M | $12.9M | +7% |
| Gross profit | $28.1M | $24.7M | $3.4M | +14% |
| Cost of revenue | $180M | $171M | $9.5M | +6% |
| Operating profit | $7.7M | $1.6M | $6.1M | +392% |
| Operating expenses | $20.4M | $23.2M | −$2.7M | -12% |
| Pre-tax earnings | $7.3M | −$8.3M | $15.6M | — |
| Net earnings | $5.6M | −$10.2M | $15.8M | — |
| Income tax | $1.7M | $2.0M | −$254K | -13% |
| Operating cash sources | $12.2M | −$4.9M | $17.2M | — |
| Depreciation & amortization | $3.6M | $3.8M | −$185K | -5% |
| Share-based compensation | $3.1M | $1.5M | $1.5M | +100% |
| Working capital & other | $10.6M | −$6.6M | $17.3M | — |
| Operating cash flow | $1.6M | $1.7M | −$122K | -7% |
Questions
How much did Commercial Vehicle Group's revenue grow quarter over quarter in Q3 2026?
Commercial Vehicle Group's revenue rose $12.9M (+7%) from $195M in Q2 2026 to $208M in Q3 2026.
What drove Commercial Vehicle Group's revenue change in Q3 2026?
Seats +$5.8M (+8%); Plastic & Trim components +$5.1M (+12%); Electrical wire harnesses, panels and assemblies +$2.3M (+3%).