Revenue: As of FY2026 Q2, the actual value is USD 195.24 M, beating the estimate of USD 171.61 M.

EPS: As of FY2026 Q2, the actual value is USD -0.25.

EBIT: As of FY2026 Q2, the actual value is USD -3.808 M.

Consolidated Performance

Commercial Vehicle Group, Inc. reported revenues of $195.2 million for the second quarter of 2026, marking a 13.5% increase from $172.0 million in the prior year period, driven by increased demand across all three segments. Gross profit rose to $24.7 million, an increase of 26.7% from $19.5 million in Q2 2025. Gross margin expanded by 140 basis points to 12.7% from 11.3%. Operating income for the quarter was $1.6 million, an increase of $0.8 million from $0.8 million in the prior year. Adjusted operating income reached $2.6 million, up 36.8% from $1.9 million, resulting in an adjusted operating margin of 1.3%. The net loss from continuing operations was - $8.7 million, compared to a net loss of - $4.1 million in Q2 2025, and included a - $3.4 million pre-tax warrant liability revaluation expense. Adjusted net loss from continuing operations was - $4.6 million, compared to - $2.9 million in the prior year period. Adjusted EBITDA for the second quarter was $5.4 million, a 3.8% increase from $5.2 million, though the adjusted EBITDA margin slightly decreased to 2.8% from 3.0%. Interest expense increased to $2.9 million from $2.3 million due to higher interest rates. As of June 30, 2026, Commercial Vehicle Group, Inc. had $24.8 million in outstanding borrowings on its U.S. revolving credit facility, $2.9 million on its China credit facility, $36.0 million in cash, and total liquidity of $127.2 million.

Segment Revenues and Operating Income

Global Seating Segment

Revenues for the Global Seating segment increased by 7.5% to $80.0 million, up from $74.5 million in the prior year, primarily due to increased international customer demand. Operating income for this segment was $3.0 million, an increase of $0.3 million from $2.7 million.

Global Electrical Systems Segment

Revenues for the Global Electrical Systems segment grew by 15.8% to $62.0 million, compared to $53.6 million in the prior year, mainly driven by new business ramp-ups. Operating income was $1.7 million, up from $0.7 million in the prior year period.

Trim Systems and Components Segment

Revenues for the Trim Systems and Components segment rose by 21.1% to $53.2 million, from $43.9 million in the prior year, attributed to higher sales volume and increased customer demand in North America. Operating income was $2.2 million, significantly up from $0.1 million in the prior year.

Cash Flow

For the three months ended June 30, 2026, cash flows from operating activities from continuing operations were $1.684 million, a decrease from $18.720 million in the same period of 2025. Free cash flow from continuing operations was - $1.368 million, compared to $17.255 million in the prior year. The total company free cash flow was - $1.368 million, compared to $17.404 million in the second quarter of 2025.

Outlook

Commercial Vehicle Group, Inc. has updated its full-year 2026 outlook, raising its revenue guidance to a range of $725 - $755 million from the previous $660 - $700 million. Adjusted EBITDA guidance has also been increased to $26 - $31 million, up from the prior $24 - $30 million range, while free cash flow is still expected to be positive. This outlook is based on anticipated market conditions, including a 9% increase in North American Class 8 truck production and mid-single digit growth in the construction end market.