0001628280-26-016520
SEC filingCommercial Vehicle Group, Inc. (CVGI) reported a net loss of $22.8 million for fiscal year 2025, driven by an operating loss of $0.7 million and significant interest expense of $13.0 million. Despite generating $649.0 million in revenue, the company's gross profit of $68.4 million was insufficient to cover selling, general and administrative expenses of $69.0 million. The balance sheet shows total assets of $391.7 million with stockholders' equity of $133.4 million, while total liabilities stand at $258.4 million including long-term debt of $104.0 million. Operating cash flow was positive at $44.6 million, though this was offset by $10.6 million in investing activities and $29.2 million in financing activities, resulting in a net cash increase of $6.7 million. The company's financial performance reflects challenges in profitability despite maintaining substantial revenue levels.
Commercial Vehicle Group, Inc. reported challenging financial results for fiscal year 2025, ending December 31, 2025. The company generated $649.0 million in revenue but recorded a net loss of $22.8 million. This loss was primarily driven by an operating loss of $0.7 million, which resulted from gross profit of $68.4 million being insufficient to cover selling, general and administrative expenses of $69.0 million. Interest expense of $13.0 million further contributed to the negative bottom line. The company reported a loss from continuing operations of $20.5 million and a loss from discontinued operations of $2.3 million. Despite the net loss, the company generated positive operating cash flow of $44.6 million.
The company reported total revenue of $649.0 million for fiscal year 2025. No segment breakdown or geographic mix information was provided in the available data. The cost of revenues was $580.6 million, resulting in gross profit of $68.4 million. The document does not disclose specific revenue drivers, growth rates by product line, or customer concentration information. The absence of segment data limits detailed analysis of revenue composition and growth patterns across different business units.
Gross margin was 10.5% based on revenue of $649.0 million and gross profit of $68.4 million. Operating margin was negative at -0.1% due to the operating loss of $0.7 million. The company's selling, general and administrative expenses of $69.0 million exceeded gross profit, indicating challenges in controlling overhead costs relative to production efficiency. Interest expense of $13.0 million represented a significant burden on profitability, consuming approximately 19% of gross profit. The provision for income taxes was $4.7 million despite the pre-tax loss of $15.7 million.
Operating cash flow was positive at $44.6 million, driven by adjustments including depreciation and amortization of $14.7 million and changes in working capital. Investing activities used $10.6 million primarily for purchases of property, plant and equipment. Financing activities used $29.2 million, including debt repayments and issuance costs. The balance sheet shows total assets of $391.7 million, with current assets of $263.3 million including cash of $33.3 million, accounts receivable of $86.3 million, and inventories of $118.6 million. Total liabilities were $258.4 million, including long-term debt of $104.0 million and current liabilities of $108.4 million. Stockholders' equity was $133.4 million.
The available data does not include management guidance, strategic priorities, or specific risk factors from the filing. No forward-looking statements, revenue projections, or capital expenditure plans were provided in the extracted financial data. The document content focuses exclusively on historical financial results without disclosure of future expectations or strategic initiatives.