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CVD Equipment Corporation Reports Fourth Quarter and Fiscal Year 2025 Results

CVV
  • CVD Equipment Corporation reported Q4 2025 net loss of $1.3 million ($0.18 per share) & fiscal 2025 net loss of $1.6 million ($0.23 per share).
  • Q4 2025 revenue was $5.0 million, down 33.1% year-over-year, while fiscal 2025 revenue was $25.8 million, down 4.1% year-over-year.
  • The company entered a definitive agreement on March 24, 2026, to sell its SDC division to Atlas Copco Group for approximately $16.9 million in cash.
  • The SDC divestiture is expected to close in Q2 2026, with net cash proceeds of approximately $15.0 million after expenses & taxes.
  • CVD Equipment will retain its Saugerties, New York facility & lease it to the buyer for an initial two-year term.
  • Q4 2025 orders totaled $3.5 million, driven by gas delivery equipment demand & two PVT 150 unit orders from Stony Brook University.
  • Fiscal 2025 orders reached $13.0 million, supported by SDC gas delivery demand & CVD spare parts/service orders.
  • Workforce reductions implemented in Q4 2025 are expected to reduce annual operating costs by $1.8 million in fiscal 2026.
  • The company updated its sales strategy for the CVD Equipment business to leverage distributors & external representatives.
  • Cash & cash equivalents decreased to $8.7 million at December 31, 2025, from $12.6 million at December 31, 2024.
  • A conference call regarding these results was scheduled for March 30, 2026, at 5:00 PM ET.