CVG — Third Quarter 2026 Earnings Summary

CVG reported third-quarter 2026 revenues of $208.1 million, representing a 36.5% increase year-over-year, driven by strong demand across its Global Seating, Global Electrical Systems, and Trim Systems & Components segments. The company returned to positive GAAP net income of $5.6 million and adjusted net income of $1.2 million, while expanding gross margins by 300 basis points compared to the prior year period. In a strategic leadership transition, the Board appointed David Ruppel as the new President and CEO effective November 9, 2026, succeeding James Ray who will serve as a Senior Advisor until his retirement. Based on improved performance and market outlooks, CVG raised its full-year 2026 revenue guidance to $755–$775 million and narrowed its adjusted EBITDA guidance range to $26–$29 million.