Filing Flows › Commercial Vehicle Group (CVGI) › How it makes money
How Commercial Vehicle Group (CVGI) makes money
Commercial Vehicle Group (CVGI) made $208M of revenue in the third quarter 2026 (Q3 2026), +36% from a year earlier. Seats brought in $80.6M (39%); Electrical wire harnesses, panels and assemblies brought in $67.9M (33%); Plastic & Trim components brought in $47.4M (23%). Of every dollar of revenue, 14¢ was left as gross profit, 4¢ was left as operating profit, 3¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Seats | $80.6M | 38.7% | +8% | +19% |
| Electrical wire harnesses, panels and assemblies | $67.9M | 32.6% | +3% | +35% |
| Plastic & Trim components | $47.4M | 22.8% | +12% | +80% |
| Mirrors, wipers and controls | $12.2M | 5.8% | -2% | +52% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $208M | 100.0% |
| Cost of revenue | $180M | 86.5% |
| Gross profit | $28.1M | 13.5% |
| Operating expenses | $20.4M | 9.8% |
| Operating profit | $7.7M | 3.7% |
| Income tax | $1.7M | 0.8% |
| Net earnings | $5.6M | 2.7% |
| Operating cash flow | $1.6M | 0.8% |
| Free cash flow | $600K | 0.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $208M | +36% |
| Q2 2026 | $195M | +14% |
| Q1 2026 | $171M | +1% |
| Q4 2025 | $155M | -5% |
| Q3 2025 | $152M | -11% |
| Q2 2025 | $172M | -11% |
| Q1 2025 | $170M | -13% |
From Commercial Vehicle Group's 10-Q filed Nov 2, 2026 (on EDGAR).
Questions
How does Commercial Vehicle Group make money?
Commercial Vehicle Group (CVGI) made $208M of revenue in the third quarter 2026 (Q3 2026), +36% from a year earlier. Seats brought in $80.6M (39%); Electrical wire harnesses, panels and assemblies brought in $67.9M (33%); Plastic & Trim components brought in $47.4M (23%). Of every dollar of revenue, 14¢ was left as gross profit, 4¢ was left as operating profit, 3¢ was left as net earnings.
What is Commercial Vehicle Group's biggest business?
Seats: $80.6M in the third quarter 2026, 39% of revenue, +19% from a year earlier.
What is Commercial Vehicle Group's profit margin?
Net earnings were $5.6M, 2.7% of revenue, in the third quarter 2026; the operating margin was 3.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.