CVG Reports Q3 Revenue Decline and Margin Improvement
Commercial Vehicle Group Inc. (CVG) reported Q3 2025 net sales of $723.3 million, with a projected 2025 outlook of $640-$650 million in sales and adjusted EBITDA of $17-$19 million. The company recorded a net loss of $6.8 million for the quarter, despite improved free cash flow of $25 million year-to-date. CVG is focusing on operational efficiency, reducing headcount by 170 roles. The Electrical Systems segment is expected to see revenue growth in 2026, while the agriculture equipment market is projected to recover post-2025.
Commercial Vehicle Group Inc. (CVG) reported net sales of $723.3 million for 2024. The company’s current 2025 outlook projects net sales between $640 million and $650 million, and adjusted EBITDA between $17 million and $19 million. Free cash flow for 2025 is expected to exceed $30 million, in line with prior guidance, with plans to use it for debt reduction. Year-to-date free cash flow reached $25.0 million, an improvement of $14.0 million over the prior year, attributed to improved working capital and lower capital spending. In the third quarter of 2025, CVG recorded gross profit of $16.0 million, adjusted gross profit of $18.4 million (12.1% of revenues), and an operating loss of $1.1 million. Adjusted operating income for the quarter was $1.6 million, or 1.1% of revenues. The company reported a net loss of $6.8 million for the quarter. CVG continued to focus on operational efficiency, reducing headcount by approximately 170 roles during the quarter and a year-to-date decrease of around 7% from year-end 2024. The Electrical Systems segment showed year-over-year and sequential margin expansion, supported by new business wins. The company expects segment revenue to increase by a high single-digit to low double-digit percentage in 2026, driven by a ramp-up of new business and increased capacity utilization. The agriculture equipment end market experienced a year-over-year decline of 5% to 15%, but CVG anticipates recovery in 2026 and beyond due to replacement needs and secular trends. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CVG - Commercial Vehicle Group Inc. published the original content used to generate this news brief on November 11, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
