Commercial Vehicle Group Inc Reports Q3 2025 Earnings: Revenue Down, Adjusted EBITDA Up, Full-Year Guidance Revised

Commercial Vehicle Group Inc (CVGI) reported Q3 2025 earnings with revenue of $152.5 million, down from $171.8 million in the prior year. Adjusted gross margin was 12.1%, up 10 basis points sequentially and 50 basis points year-over-year. Adjusted EBITDA was $4.6 million, up from $4.3 million in the prior year. However, net loss was $6.8 million, and free cash flow was negative $3.4 million. The company revised its full-year revenue guidance to $640 to $650 million and adjusted EBITDA guidance to $17 to $19 million.