CVG posts Q1 2026 sales of $171M, EPS $0.03, and advances debt reduction with sale-leaseback deal.

Commercial Vehicle Group (CVG) reported Q1 2026 revenues of $171.5 million, a 1% increase driven by growth in its Global Electrical Systems segment. The company posted a net income of $0.9 million or $0.03 per diluted share, improving from a loss in the prior year, supported by a $14 million gain from asset sales. CVG also completed a sale-leaseback of its Vonore facility, reducing debt by $12.8 million and reaffirmed its full-year 2026 guidance, expecting net sales between $660 million and $700 million and positive free cash flow. Management highlighted operational efficiencies and early signs of market stabilization, positioning CVG to benefit from expected growth in North American truck production and other end markets.