Core Molding Tech | 8-K: FY2025 Q3 Revenue Misses Estimate at USD 58.44 M

Revenue: As of FY2025 Q3, the actual value is USD 58.44 M, missing the estimate of USD 70.36 M.

EPS: As of FY2025 Q3, the actual value is USD 0.22, missing the estimate of USD 0.4.

EBIT: As of FY2025 Q3, the actual value is USD 2.607 M.

Segment Revenue

• Total Net Sales: $58.4 million for Q3 2025, a decrease of 19.9% compared to the prior year.
• Medium and Heavy-Duty Truck: $19.47 million for Q3 2025, down from $41.32 million in Q3 2024.
• Power Sports: $17.55 million for Q3 2025, compared to $16.46 million in Q3 2024.
• Building Products: $5.86 million for Q3 2025, up from $2.35 million in Q3 2024.
• Industrial and Utilities: $5.85 million for Q3 2025, compared to $4.96 million in Q3 2024.

Operational Metrics

• Gross Margin: $10.1 million or 17.4% of net sales for Q3 2025, compared to 16.9% in Q3 2024.
• Operating Income: $2.6 million or 4.4% of net sales for Q3 2025, compared to $3.6 million or 4.9% in Q3 2024.
• Net Income: $1.9 million or $0.22 per diluted share for Q3 2025, compared to $3.2 million or $0.36 per diluted share in Q3 2024.
• Adjusted EBITDA: $6.4 million or 11.0% of net sales for Q3 2025, compared to $7.5 million or 10.3% in Q3 2024.

Cash Flow

• Operating Cash Flow: $14.2 million for the nine months ended September 30, 2025, compared to $30.2 million in the same period of 2024.
• Free Cash Flow: $4.9 million for the nine months ended September 30, 2025, compared to $23.1 million in the same period of 2024.

Unique Metrics

• Capital Expenditures: $9.3 million for the first nine months of 2025, with an anticipated total of $10 to $12 million for the year.
• Return on Capital Employed: 6.5% for the trailing twelve months, and 8.6% excluding cash.

Outlook / Guidance

• Core Molding Technologies expects 2025 full-year sales to decline by 10% to 12% year over year.
• The company is well-positioned to accelerate new program launches in 2026, with $47 million in new incremental business scheduled over the next two years.
• Strategic investments include a $25 million expansion in Mexico to enhance service capabilities for a major truck customer.