Filing Flows › CVD Equipment (CVV) › Q2 2025
CVD Equipment (CVV) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 12, 2025
CVD Equipment (CVV) reported revenue of $5.1M for the second quarter 2025 (Q2 2025), -19% from a year earlier and -39% from the quarter before. Operating margin was -22.3%, net loss $1.1M (20.8% of revenue).
CVD Equipment, Q2 2025: revenue $5.1M (-19% year over year), operating margin -22.3%, net loss $1.1M, operating cash flow −$3.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.1M | -39% | -19% |
| Operating profit | −$1.1M | -524% | — |
| Net earnings | −$1.1M | -395% | — |
| Operating cash flow | −$3.2M | — | — |
What changed
Revenue was $5.1M in Q2 2025, down 19% year over year and down 39% from the previous quarter.
Gross margin was 21.0%, down 3.3 points from a year earlier. Operating costs exceeded revenue by $1.1M, an operating margin of -22.3%. Operating expenses fell 9% while revenue fell 19%. The quarter ended with a net loss of $1.1M, after a profit of $360K the previous quarter.
Operating cash flow was −$3.2M. Non-cash charges added back $169K of depreciation and amortization and $250K of share-based compensation. Working capital and other items used $2.5M. Capital expenditures of $4K exceeded it, leaving free cash flow of −$3.2M.
Questions
What was CVD Equipment's revenue in the second quarter 2025?
CVD Equipment (CVV) reported revenue of $5.1M for the second quarter 2025 (Q2 2025), -19% from a year earlier and -39% from the quarter before.
Was CVD Equipment profitable in the second quarter 2025?
Operating loss was $1.1M (-22.3% of revenue) and net loss $1.1M.
Source: CVD Equipment 10-Q on SEC EDGAR.