Commercial Vehicle Group Reports Q2 Revenue Beat Amid Profit Loss

Commercial Vehicle Group (CVGI) reported second-quarter 2025 revenue of approximately $172 million, exceeding analyst expectations by about 6%, despite a 25.2% year-over-year decline reflecting weakness in heavy trucks, construction, and agriculture markets. However, the company missed earnings per share estimates, posting a non-GAAP loss of $0.09 per share versus the consensus loss of $0.07, signaling ongoing profitability challenges amid soft demand. Operational improvements, including streamlining manufacturing and reducing selling, general, and administrative expenses, contributed to improved gross margins for the second consecutive quarter and stronger free cash flow generation. CVGI lowered its full-year revenue guidance to around $660 million from $675 million, with an EBITDA forecast slightly above analyst estimates, and continues to negotiate tariff impacts with customers while focusing on efficiency and product customization. Institutional investors have recently increased stakes in the company, reflecting some confidence despite the stock's year-to-date underperformance compared to the broader market. Overall, the company’s focus remains on maintaining OEM relationships, managing cyclical market pressures, and enhancing operational efficiency in a challenging economic environment.