Filing Flows › Chicago Rivet & Machine (CVR) › Q1 2026
Chicago Rivet & Machine (CVR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Chicago Rivet & Machine (CVR) reported revenue of $6.9M for the first quarter 2026 (Q1 2026), -5% from a year earlier and +14% from the quarter before. Operating margin was -5.6%, net loss $362K (5.3% of revenue).
Chicago Rivet & Machine, Q1 2026: revenue $6.9M (-5% year over year), operating margin -5.6%, net loss $362K, operating cash flow −$649K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.9M | +14% | -5% |
| Operating profit | −$382K | — | -644% |
| Net earnings | −$362K | — | -190% |
| Operating cash flow | −$649K | -658% | — |
What changed
Revenue was $6.9M in Q1 2026, down 5% year over year and up 14% from the previous quarter. Automotive was the largest line at 53% of revenue. Automotive lost $207K year over year (down 5%), 53% of the total change.
Gross margin was 14.0%, down 8.9 points from Q1 2025. Operating costs exceeded revenue by $382K, an operating margin of -5.6%. Operating expenses grew 7% against a revenue fall of 5%. The quarter ended with a net loss of $362K, narrower than the previous quarter's $1.2M loss.
Operating cash flow was −$649K. Non-cash charges added back $291K of depreciation. Working capital and other items used $579K. Capital expenditures of $93K exceeded it, leaving free cash flow of −$742K.
Questions
What was Chicago Rivet & Machine's revenue in the first quarter 2026?
Chicago Rivet & Machine (CVR) reported revenue of $6.9M for the first quarter 2026 (Q1 2026), -5% from a year earlier and +14% from the quarter before.
Was Chicago Rivet & Machine profitable in the first quarter 2026?
Operating loss was $382K (-5.6% of revenue) and net loss $362K.