Core Molding Technologies — Q3 2026 Earnings Summary

Core Molding Technologies reported fiscal 2026 third-quarter total net revenues of $90.2 million, representing a 54.4% increase year-over-year driven by a 19.7% rise in production revenue and significant tooling project sales. The company achieved a gross margin of 14.8%, though excluding one-time Monterrey commissioning costs and tooling mix impacts, the margin would have been 18.6%. Net income for the quarter was $1.5 million, or $0.17 per diluted share, while adjusted net income reached $2.9 million, or $0.33 per diluted share. Strategic investments in Mexico expansion and footprint optimization incurred non-recurring costs of $1.8 million in the quarter, with full-year capital expenditures expected to total between $28 million and $30 million.