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CVD Equipment Q2 FY26 swings to net income of $12.6 million; revenue drops 42.6% to $2 million

PUBT·08/12/2026 20:01:02
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CVD Equipment Q2 FY26 swings to net income of $12.6 million; revenue drops 42.6% to $2 million
  • CVD Equipment posted net income of USD 12.6 million, driven by a USD 13.9 million gain on the SDC divestiture.
  • Continuing operations recorded a net loss of USD 1.4 million, or USD 0.20 per share, versus a USD 1.3 million loss.
  • Revenue fell 42.6% to USD 2 million, while gross margin widened 2.7 percentage points to 16.8%.
  • Orders slipped to USD 1.2 million; backlog eased to USD 3.9 million at June 30, 2026.
  • Cash climbed to about USD 23.5 million with no long-term debt after the USD 17.4 million SDC sale; management cited improved flexibility.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CVD Equipment Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202608121600BIZWIRE_USPR_____20260812_BW320712) on August 12, 2026, and is solely responsible for the information contained therein.