Core Molding FY26 Q1 net income drops to $605,000; net sales fall 4.7% to $58.6 million

Core Molding Technologies, Inc.

Core Molding Technologies, Inc.

CMT

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  • Core Molding Technologies posted fiscal Q1 net income of $605,000, down from $2.18 million a year earlier; diluted EPS fell to $0.07 from $0.25.
  • Net sales slipped 4.7% year over year to $58.6 million, as medium- and heavy-duty truck product sales dropped to $19.54 million from $29.56 million.
  • Gross margin widened to 20.4% from 19.2%, while operating income narrowed to $764,000 from $2.84 million.
  • Management cited $17 million in new business wins, progress on Mexico investments, and expects the truck down cycle to persist through first half of 2026.
  • Full-year 2026 outlook unchanged for sales flat to up about 5% year over year, with gross margin expected at 17% to 19%.


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. Core Molding Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605070800PRIMZONEFULLFEED9715038) on May 07, 2026, and is solely responsible for the information contained therein.

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