CVGI on Nasdaq

Commercial Vehicle Group

American motor vehicle parts and accessories company based in New Albany.1

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Last updated Oct 18, 2026.

Overview

Compare with Holley Inc., STRATTEC SECURITY CORP or China Automotive Systems, or pick any stock.

  • TickerCVGI on Nasdaq1
  • IndustryMotor Vehicle Parts & Accessories1
  • HeadquartersNew Albany1
  • Websitewww.cvgrp.com
  • Legal formDelaware corporation1
  • Incorporated inDE3
  • Business address7800 Walton Parkway, New Albany, Oh 430543
  • Filer categoryNon-accelerated filer3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

10.5%Gross margin4
-0.1%Operating margin4
-3.5%Net margin4
-10.3%Revenue growth, 20254
-17.1%Return on equity4
0.78×Debt to equity4
$34.0MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Seats brought in 43% of the revenue Commercial Vehicle Group broke down this way in fiscal 2025.

  1. Seats$277.1M443%down 11% from 2024
  2. Electrical Wire Harnesses, Panels And Assemblies$206.5M432%up 0% from 2024
  3. Plastic and Trim Components$123.1M419%down 21% from 2024
  4. Mirrors, Wipers and Controls$42.2M47%down 15% from 2024
Products and services by year
Products and services202320242025
Seats$345.7M$311.9M$277.1M
Electrical Wire Harnesses, Panels And Assemblies$245.4M$205.9M$206.5M
Plastic and Trim Components$193.8M$155.9M$123.1M
Mirrors, Wipers and Controls$50.6M$49.6M$42.2M

Business segments

Global Seating brought in 44% of the revenue Commercial Vehicle Group broke down this way in fiscal 2025.

  1. Global Seating$287.2M444%down 9% from 2024
  2. Global Electrical Systems$203.2M431%up 0% from 2024
  3. Trim Systems And Components$158.6M424%down 23% from 2024
Business segments by year
Business segments202320242025
Global Seating$348.7M$314.7M$287.2M
Global Electrical Systems$242.4M$203.1M$203.2M
Trim Systems And Components$244.4M$205.5M$158.6M

Regions

United States brought in 62% of the revenue Commercial Vehicle Group broke down this way in fiscal 2025.

  1. United States$404.5M462%down 20% from 2024
  2. Rest of the world$137.9M421%up 10% from 2024
  3. CZK$106.6M416%up 14% from 2024
Regions by year
Regions202320242025
United States$596.6M$504.5M$404.5M
Rest of the world$136.1M$125.8M$137.9M
CZK$102.8M$93.1M$106.6M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue89¢$580.6M
  • Selling, general and admin11¢$69.0M
  • Income tax1¢$4.7M

Out of $649.0M in revenue.4 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending24¢$10.7M
  • Kept or used elsewhere76¢$34.0M

Out of $44.6M of cash from operations.4

Financial statements

Revenue56784$649.0M in 2025−28% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $901.2M$901.2M20192020: $717.7M$717.7M2020−20%2021: $971.6M$971.6M2021+35%2022: $782.6M$782.6M2022−19%2023: $835.5M$835.5M2023+7%2024: $723.4M$723.4M2024−13%2025: $649.0M$649.0M2025−10%
Gross profit56784$68.4M in 2025−35% since 2019
0$50.0M$100.0M$150.0M2019: $105.1M$105.1M20192020: $74.1M$74.1M2020−30%2021: $119.0M$119.0M2021+61%2022: $85.0M$85.0M2022−29%2023: $121.1M$121.1M2023+42%2024: $73.1M$73.1M2024−40%2025: $68.4M$68.4M2025−6%
Operating income56784-$656.0K in 2025
-$40.0M-$20.0M0$20.0M$40.0M$60.0M2019: $40.6M$40.6M20192020: -$23.2M-$23.2M20202021: $49.6M$49.6M20212022: $24.8M$24.8M2022−50%2023: $39.9M$39.9M2023+61%2024: -$758.0K-$758.0K20242025: -$656.0K-$656.0K2025−13%
Net income56784-$22.8M in 2025
-$50.0M-$25.0M0$25.0M$50.0M2019: $15.8M$15.8M20192020: -$37.0M-$37.0M20202021: $23.7M$23.7M20212022: -$22.0M-$22.0M20222023: $49.4M$49.4M20232024: -$27.9M-$27.9M20242025: -$22.8M-$22.8M2025−18%

Every line of the income statement as filed: the last 3 fiscal years, latest first.4

Period ending2025-12-312024-12-312023-12-31
Revenues$649.0M$723.4M$835.5M
Cost of revenues$580.6M$650.2M$714.4M
Gross profit$68.4M$73.1M$121.1M
Selling, general and administrative expenses$69.0M$73.9M$81.2M
Operating income (loss)-$656.0K-$758.0K$39.9M
Other (income) expense$1.6M-$2.2M$1.2M
Interest expense$13.0M$9.2M$10.2M
Loss on extinguishment of debt$460.0K$509.0K$0
Income (loss) before provision for income taxes-$15.7M-$8.2M$28.4M
Provision (benefit) for income taxes$4.7M$27.5M-$15.2M
Net income (loss) from continuing operations-$20.5M-$35.7M$43.6M
Net income (loss) from discontinued operations - Note 17-$2.3M$7.9M$5.8M
Net income (loss)-$22.8M-$27.9M$49.4M
Income (loss) from continuing operations (in dollars per share)-$1-$1$1
Income (loss) from discontinued operations (in dollars per share)-$0$0$0
Income (loss) from continuing operations (in dollars per share)-$1-$1$1
Income (loss) from discontinued operations (in dollars per share)-$0$0$0
Basic (in shares)33.8M shares33.4M shares33.0M shares
Diluted (in shares)33.8M shares33.4M shares33.6M shares

Compare Commercial Vehicle Group with another company

Leadership

Who has led Commercial Vehicle Group, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (35)

Timeline

  1. Apr 7, 2020New chief executive Harold C. Bevis becomes CEO12
  2. Dec 10, 2015New chief executive Patrick E. Miller becomes CEO13
  3. May 30, 2013New chief executive Richard P. Lavin becomes CEO14
  4. Aug 20, 2009New chief executive William Gordon Boyd becomes CEO15
  5. May 8, 2006New chief executive Mervin Dunn becomes CEO16
  6. Aug 5, 2004Went public Listed on NASDAQ1
  7. Aug 22, 2000Founded Commercial Vehicle Group is founded60

Filings

249 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 62 major events, 114 insider forms, 21 large holders, 32 other. The latest 20:

  1. Aug 13, 2026SCHEDULE 13G EDGAR
  2. Aug 10, 20268-K EDGAR
  3. Aug 3, 202610-Q EDGAR
  4. Aug 3, 20268-K EDGAR
  5. Jul 27, 2026SCHEDULE 13G EDGAR
  6. Jul 22, 2026SCHEDULE 13G EDGAR
  7. Jul 6, 20268-K EDGAR
  8. Jun 18, 20268-K EDGAR
  9. Jun 18, 2026424B5 EDGAR
  10. Jun 12, 2026EFFECT EDGAR
  11. Jun 11, 20264 EDGAR
  12. Jun 9, 2026CORRESP EDGAR
  13. Jun 8, 2026UPLOAD EDGAR
  14. Jun 5, 2026S-3/A EDGAR
  15. Jun 4, 2026S-3 EDGAR
  16. Jun 4, 20264 EDGAR
  17. Jun 4, 20264 EDGAR
  18. Jun 4, 20264 EDGAR
  19. Jun 4, 20264 EDGAR
  20. Jun 4, 20264 EDGAR

The 249 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 21 such filings since October 2021, the latest 10:

  1. Aug 13, 2026SCHEDULE 13G
  2. Jul 27, 2026SCHEDULE 13G
  3. Jul 22, 2026SCHEDULE 13G
  4. Feb 9, 2026SCHEDULE 13D/A
  5. Nov 13, 2025SCHEDULE 13G/A
  6. Sep 15, 2025SCHEDULE 13D/A
  7. Jul 31, 2025SCHEDULE 13G/A
  8. Jul 1, 2025SCHEDULE 13D
  9. Apr 2, 2025SCHEDULE 13G/A
  10. Feb 14, 2025SCHEDULE 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.2,341,109$10.8M0.0%+1,781,910
Tcw Group Inc3,085,692$9.9M0.1%New
Renaissance Technologies LLC1,956,659$9.0M0.0%+225,168
Vanguard Capital Management LLC1,365,777$6.3M0.0%−30,355
Two Sigma Investments, LP1,191,537$5.5M0.0%−18,491
Huber Capital Management LLC879,609$4.1M0.6%−97,471
Geode Capital Management, LLC781,532$3.6M0.0%+417,874
American Century Companies Inc776,337$3.6M0.0%New
Clearstead Advisors, LLC700,000$3.2M0.0%No change
Ironwood Investment Management LLC677,040$3.1M1.1%+40,000
Royce & Associates LP640,175$3.0M0.0%New
Gamco Investors, Inc. Et Al559,018$2.6M0.0%−35,400
Peapod Lane Capital LLC440,663$2.0M1.4%−486,867
Dimensional Fund Advisors LP428,211$2.0M0.0%+108,956
State Street Corp341,160$1.6M0.0%+200,650
Informed Momentum Co LLC281,677$1.3M0.1%−11,587
Northern Trust Corp239,693$1.1M0.0%+162,175
Assenagon Asset Management S.A.229,134$1.1M0.0%+150,472
Vanguard Portfolio Management LLC210,102$970.7K0.0%New
RBF Capital, LLC210,000$970.2K0.0%−454,335
Vanguard Fiduciary Trust Co204,805$946.2K0.0%−418
Citadel Advisors LLC194,172$897.1K0.0%+43,579
Panagora Asset Management Inc184,452$852.2K0.0%New
Sei Investments Co179,931$831.3K0.0%−190,055
Qube Research & Technologies Ltd137,915$637.2K0.0%+114,239

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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