Filing Flows › Commercial Vehicle Group (CVGI) › Q3 2026 › vs Q3 2025
Commercial Vehicle Group (CVGI) Q3 2026 vs Q3 2025 (year over year)
Commercial Vehicle Group's revenue rose $55.6M (+36%) from $152M in Q3 2025 to $208M in Q3 2026. The biggest changes: Plastic & Trim components +$21.2M (+80%); Electrical wire harnesses, panels and assemblies +$17.6M (+35%); Seats +$12.7M (+19%). Gross margin 13.5% against 10.5% (+3.0 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 13.5% | 10.5% | +3.0 pts |
| Operating margin | 3.7% | -0.7% | +4.4 pts |
| Net margin | 2.7% | -4.6% | +7.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Seats | $80.6M | $67.9M | $12.7M | +19% |
| Electrical wire harnesses, panels and assemblies | $67.9M | $50.3M | $17.6M | +35% |
| Plastic & Trim components | $47.4M | $26.3M | $21.2M | +80% |
| Mirrors, wipers and controls | $12.2M | $8.0M | $4.2M | +52% |
| Revenue | $208M | $152M | $55.6M | +36% |
| Gross profit | $28.1M | $16.0M | $12.1M | +75% |
| Cost of revenue | $180M | $136M | $43.5M | +32% |
| Operating profit | $7.7M | −$1.1M | $8.7M | — |
| Operating expenses | $20.4M | $17.1M | $3.3M | +20% |
| Pre-tax earnings | $7.3M | −$6.4M | $13.7M | — |
| Net earnings | $5.6M | −$7.1M | $12.7M | — |
| Income tax | $1.7M | $687K | $1.0M | +152% |
| Operating cash sources | $12.2M | −$2.3M | $14.5M | — |
| Depreciation & amortization | $3.6M | $3.7M | −$143K | -4% |
| Share-based compensation | $3.1M | $1.0M | $2.0M | +194% |
| Working capital & other | $10.6M | −$627K | $11.3M | — |
| Operating cash flow | $1.6M | −$1.7M | $3.2M | — |
Questions
How much did Commercial Vehicle Group's revenue grow year over year in Q3 2026?
Commercial Vehicle Group's revenue rose $55.6M (+36%) from $152M in Q3 2025 to $208M in Q3 2026.
What drove Commercial Vehicle Group's revenue change in Q3 2026?
Plastic & Trim components +$21.2M (+80%); Electrical wire harnesses, panels and assemblies +$17.6M (+35%); Seats +$12.7M (+19%).