Filing Flows › Commercial Vehicle Group (CVGI) › Q3 2026
Commercial Vehicle Group (CVGI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 2, 2026
Commercial Vehicle Group (CVGI) reported revenue of $208M for the third quarter 2026 (Q3 2026), +36% from a year earlier and +7% from the quarter before. Operating margin was 3.7%, net earnings $5.6M (2.7% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $208M | +7% | +36% |
| Gross profit | $28.1M | +14% | +75% |
| Operating profit | $7.7M | +392% | — |
| Net earnings | $5.6M | — | — |
| Operating cash flow | $1.6M | -7% | — |
| Free cash flow | $600K | — | — |
What changed
Revenue was $208.1M in Q3 2026, up 36% year over year and up 7% from the previous quarter. Seats was the largest line at 39% of revenue. Plastic & Trim components added $21.2M year over year (up 80%), 38% of the total change.
Gross margin was 13.5%, up 3.0 points from Q3 2025. Operating profit was $7.7M, a 3.7% margin (up 4.4 points year over year). Operating expenses grew 20% against revenue growth of 36%. Net earnings were $5.6M. The effective tax rate was 23.7%.
Operating cash flow was $1.6M, 28% of net earnings. Non-cash charges added back $3.6M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items used $10.6M. After purchases of property, plant and equipment, net ($1.0M), free cash flow as the company reports it was $600K.
Questions
What was Commercial Vehicle Group's revenue in the third quarter 2026?
Commercial Vehicle Group (CVGI) reported revenue of $208M for the third quarter 2026 (Q3 2026), +36% from a year earlier and +7% from the quarter before.
Was Commercial Vehicle Group profitable in the third quarter 2026?
Operating profit was $7.7M (3.7% of revenue) and net earnings $5.6M.