Filing Flows › CVD Equipment (CVV) › Q2 2026
CVD Equipment (CVV) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
CVD Equipment (CVV) reported revenue of $2.0M for the second quarter 2026 (Q2 2026), -43% from a year earlier and +6% from the quarter before. Operating margin was -79.8%, net earnings $12.6M (643.4% of revenue).
CVD Equipment, Q2 2026: revenue $2.0M (-43% year over year), operating margin -79.8%, net earnings $12.6M, operating cash flow −$425K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0M | +6% | -43% |
| Operating profit | −$1.6M | — | — |
| Net earnings | $12.6M | — | — |
| Operating cash flow | −$425K | — | — |
What changed
Revenue was $2.0M in Q2 2026, down 43% year over year and up 6% from the previous quarter. Aerospace was the largest line at 59% of revenue. Aerospace lost $776K year over year (down 40%), 53% of the total change.
Gross margin was 16.8%, up 2.7 points from Q2 2025. Operating costs exceeded revenue by $1.6M, an operating margin of -79.8%. Operating expenses grew 2% against a revenue fall of 43%. Net earnings were $12.6M.
Operating cash flow was −$425K. Non-cash charges added back $145K of depreciation and amortization and $202K of share-based compensation. Working capital and other items used $13.3M. Capital expenditures of $1K exceeded it, leaving free cash flow of −$426K.
Questions
What was CVD Equipment's revenue in the second quarter 2026?
CVD Equipment (CVV) reported revenue of $2.0M for the second quarter 2026 (Q2 2026), -43% from a year earlier and +6% from the quarter before.
Was CVD Equipment profitable in the second quarter 2026?
Operating loss was $1.6M (-79.8% of revenue) and net earnings $12.6M.
Source: CVD Equipment 10-Q on SEC EDGAR.