CVD Equipment Corporation (CVV) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.84M | 4.95M | 7.41M | 5.11M | 8.32M | 7.41M | 8.19M | 6.34M | 4.92M | 4.11M | 6.23M | 5.07M | 8.7M | 7.23M | 8.12M | 5.81M | 4.66M | 4.72M | 4.33M | 4.03M |
| Revenue Growth % | -77.83% | -33.23% | -9.59% | -19.45% | 68.96% | 80.35% | 31.44% | 25.17% | -43.39% | -43.17% | -23.22% | -12.74% | 86.75% | 53.35% | 87.53% | 43.99% | 38.33% | 48.72% | 8.42% | 8.48% |
| Cost of Goods Sold | 1.7M | 3.85M | 4.99M | 4.04M | 5.62M | 5.39M | 6.36M | 4.74M | 4.06M | 4.46M | 4.64M | 3.68M | 6.26M | 5.23M | 5.7M | 4.37M | 3.89M | 4.08M | 3.6M | 3.19M |
| COGS % of Revenue | 92.03% | 77.82% | 67.32% | 79.01% | 67.59% | 72.66% | 77.61% | 74.64% | 82.55% | 108.47% | 74.37% | 72.62% | 72.01% | 72.35% | 70.19% | 75.19% | 83.46% | 86.42% | 83.04% | 79.04% |
| Gross Profit | 147K | 1.1M | 2.42M | 1.07M | 2.69M | 2.03M | 1.83M | 1.61M | 859K | -348K | 1.6M | 1.39M | 2.43M | 2M | 2.42M | 1.44M | 770K | 640.38K | 734.22K | 845.66K |
| Gross Margin % | 7.97% | 22.18% | 32.68% | 20.99% | 32.41% | 27.34% | 22.39% | 25.36% | 17.45% | -8.47% | 25.63% | 27.38% | 27.99% | 27.65% | 29.81% | 24.81% | 16.54% | 13.58% | 16.96% | 20.96% |
| Gross Profit Growth % | -94.55% | -45.83% | 31.93% | -33.31% | 213.74% | 682.47% | 14.83% | 15.92% | -64.71% | -117.4% | -33.97% | -3.68% | 216.1% | 212.31% | 229.6% | 70.4% | 73.3% | 808.2% | 68.48% | 40.59% |
| Operating Expenses | 1.99M | 2.28M | 2.11M | 2.21M | 2.43M | 1.99M | 1.76M | 2.51M | 2.48M | 2.12M | 2.59M | 2.62M | 2.62M | 2.22M | 2.3M | 2.19M | 1.74M | 1.82M | 1.66M | 1.93M |
| OpEx % of Revenue | 107.86% | 46.1% | 28.52% | 43.3% | 29.17% | 26.87% | 21.45% | 39.51% | 50.43% | 51.64% | 41.51% | 51.69% | 30.14% | 30.71% | 28.3% | 37.67% | 37.37% | 38.66% | 38.26% | 47.8% |
| Selling, General & Admin | 1.26M | 1.56M | 1.52M | 1.53M | 1.65M | 1.51M | 1.74M | 1.84M | 1.74M | 1.39M | 1.88M | 1.79M | 2.02M | 1.71M | 1.78M | 1.62M | 1.43M | 1.71M | 1.52M | 1.8M |
| SG&A % of Revenue | 68.44% | 31.45% | 20.5% | 29.88% | 19.78% | 20.39% | 21.22% | 29.03% | 35.27% | 33.86% | 30.22% | 35.27% | 23.22% | 23.67% | 21.92% | 27.87% | 30.71% | 36.24% | 35.07% | 44.62% |
| Research & Development | 727K | 725K | 594K | 686K | 781K | 572K | 644K | 665K | 746K | 731K | 704K | 559K | 602K | 508.59K | 518K | 569K | 310K | 114.18K | 138.06K | 128.51K |
| R&D % of Revenue | 39.43% | 14.65% | 8.02% | 13.42% | 9.39% | 7.72% | 7.86% | 10.48% | 15.16% | 17.78% | 11.29% | 11.03% | 6.92% | 7.03% | 6.38% | 9.8% | 6.66% | 2.42% | 3.19% | 3.19% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | -92K | -625K | 0 | 0 | 0 | 0 | 273K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -1.84M | -1.18M | 308K | -1.14M | 269K | 35K | 77K | -898K | -1.62M | -2.47M | -990K | -1.23M | -187K | -221.15K | 122K | -747K | -970K | -1.18M | -922.32K | -1.08M |
| Operating Margin % | -99.89% | -23.92% | 4.16% | -22.3% | 3.23% | 0.47% | 0.94% | -14.15% | -32.97% | -60.11% | -15.88% | -24.3% | -2.15% | -3.06% | 1.5% | -12.86% | -20.83% | -25.08% | -21.3% | -26.84% |
| Operating Income Growth % | -784.76% | -3482.86% | 300% | -26.95% | 116.57% | 101.42% | 107.78% | 27.11% | -767.91% | -1017.33% | -911.48% | -64.93% | 80.72% | 81.31% | 113.23% | 31.02% | 40.08% | 78.12% | 33.77% | 4.36% |
| EBITDA | -1.72M | -1.02M | 471K | -971K | 454K | 243K | 246K | -744K | -1.47M | -2.22M | -837K | -1.01M | -21K | 107.94K | 258K | -596K | -719K | -1.03M | -766.44K | -909.37K |
| EBITDA Margin % | -93.22% | -20.57% | 6.36% | -19% | 5.46% | 3.28% | 3% | -11.73% | -29.87% | -54.1% | -13.43% | -19.85% | -0.24% | 1.49% | 3.18% | -10.26% | -15.44% | -21.75% | -17.7% | -22.54% |
| EBITDA Growth % | -478.63% | -518.93% | 91.46% | -30.51% | 130.88% | 110.93% | 129.39% | 26.04% | -6900% | -2160.31% | -424.42% | -68.79% | 97.08% | 110.52% | 133.66% | 34.46% | 47.25% | 79.65% | 25.38% | -13.45% |
| D&A (Non-Cash Add-back) | 123K | 166K | 163K | 169K | 185K | 208K | 169K | 154K | 153K | 247K | 153K | 226K | 166K | 329.1K | 136K | 151K | 251K | 157.21K | 155.89K | 173.55K |
| EBIT | -1.84M | -1.28M | 387K | -1.06M | 379K | 156K | 213K | -757K | -1.47M | -2.29M | -747K | -1.1M | -32K | 1.55M | 63K | -838K | -988K | -1.18M | 6.04M | 1.58M |
| Net Interest Income | 70K | 66K | 76K | 79K | 107K | 116K | 131K | 141K | 151K | 172K | 167K | 101K | 114K | 85.52K | 43K | 13K | 9K | -8.59K | -34.2K | -106.6K |
| Interest Income | 71K | 69K | 79K | 82K | 110K | 121K | 136K | 145K | 157K | 177K | 173K | 107K | 120K | 88.02K | 43K | 13K | 18K | 2.59K | 1.78K | 403 |
| Interest Expense | 1K | 3K | 3K | 3K | 3K | 5K | 5K | 4K | 6K | 5K | 6K | 6K | 6K | 2.5K | 0 | 0 | 9K | 11.18K | 35.97K | 107K |
| Other Income/Expense | 116K | -97K | 76K | 79K | 107K | 116K | 131K | 137K | 151K | 172K | 237K | 129K | 149K | 1.77M | -59K | -91K | -27K | -8.59K | 6.92M | 2.55M |
| Pretax Income | -1.73M | -1.28M | 384K | -1.06M | 376K | 151K | 208K | -761K | -1.47M | -2.3M | -753K | -1.1M | -38K | 1.55M | 63K | -838K | -997K | -1.19M | 6M | 1.47M |
| Pretax Margin % | -93.6% | -25.88% | 5.18% | -20.76% | 4.52% | 2.04% | 2.54% | -11.99% | -29.91% | -55.92% | -12.08% | -21.76% | -0.44% | 21.46% | 0.78% | -14.43% | -21.41% | -25.27% | 138.6% | 36.47% |
| Income Tax | -63K | -13K | 0 | 0 | 16K | 19K | 5K | 0 | 0 | -25K | 0 | 10K | 2K | 3.11K | 0 | 1K | 0 | -14 | 27.33K | 1.06K |
| Effective Tax Rate % | 3.65% | 1.01% | 0% | 0% | 4.26% | 12.58% | 2.4% | 0% | 0% | 1.09% | 0% | -0.91% | -5.26% | 0.2% | 0% | -0.12% | 0% | 0% | 0.46% | 0.07% |
| Net Income | -1.66M | -1.27M | 384K | -1.06M | 360K | 132K | 203K | -761K | -1.47M | -2.27M | -753K | -1.11M | -40K | 1.55M | 63K | -839K | -997K | -1.19M | 5.97M | 1.47M |
| Net Margin % | -90.18% | -25.62% | 5.18% | -20.76% | 4.33% | 1.78% | 2.48% | -11.99% | -29.91% | -55.32% | -12.08% | -21.96% | -0.46% | 21.42% | 0.78% | -14.44% | -21.41% | -25.27% | 137.97% | 36.45% |
| Net Income Growth % | -561.94% | -1060.61% | 89.16% | -39.42% | 124.46% | 105.8% | 126.96% | 31.63% | -3580% | -246.79% | -1295.24% | -32.66% | 95.99% | 229.99% | -98.95% | -157.06% | 33.78% | 77.54% | 562.47% | 229.62% |
| Net Income (Continuing) | -1.66M | -1.27M | 384K | -1.06M | 360K | 132K | 203K | -761K | -1.47M | -2.27M | -753K | -1.11M | -40K | 1.55M | 63K | -839K | -997K | -1.19M | 5.97M | 1.47M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.24 | -0.19 | 0.06 | -0.15 | 0.05 | 0.02 | 0.03 | -0.11 | -0.22 | -0.33 | -0.11 | -0.16 | -0.01 | 0.23 | 0.01 | -0.12 | -0.15 | -0.18 | 0.89 | 0.22 |
| EPS Growth % | -558.02% | -1050% | 87.88% | -36.36% | 123.82% | 106.06% | 127% | 31.25% | - | -243.48% | - | -33.33% | 96.07% | 227.78% | -98.94% | -154.55% | 34.78% | 77.5% | 568.42% | 229.41% |
| EPS (Basic) | -0.24 | -0.19 | 0.06 | -0.15 | 0.05 | 0.02 | 0.03 | -0.11 | -0.22 | -0.33 | -0.11 | -0.16 | -0.01 | 0.23 | 0.01 | -0.12 | -0.15 | -0.18 | 0.89 | 0.22 |
| Diluted Shares Outstanding | 6.88M | 6.88M | 6.88M | 6.87M | 6.87M | 6.6M | 6.83M | 6.82M | 6.81M | 6.82M | 6.79M | 6.78M | 6.77M | 6.73M | 6.74M | 6.73M | 6.73M | 6.72M | 6.71M | 6.69M |
| Basic Shares Outstanding | 6.88M | 6.88M | 6.88M | 6.87M | 6.87M | 6.6M | 6.83M | 6.82M | 6.81M | 6.82M | 6.79M | 6.78M | 6.77M | 6.73M | 6.74M | 6.73M | 6.65M | 6.72M | 6.69M | 6.68M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |