CVG (CVGI) reported second-quarter 2026 revenue of $195.2 million, up 13.5% from $172.0 million a year earlier, driven by increased demand and the ramp of new business across all three segments.
The company reported a net loss from continuing operations of $8.7 million, or $0.25 per diluted share, compared with a net loss of $4.1 million, or $0.12 per diluted share, in the prior-year period. CVG also raised its full-year 2026 revenue and adjusted EBITDA guidance ranges.
- Second-quarter operating income was $1.6 million, compared with $0.8 million a year earlier.
- Adjusted EBITDA was $5.4 million, compared with $5.2 million in the prior-year quarter.
- Global Seating revenue rose 7.5% to $80.0 million.
- Global Electrical Systems revenue rose 15.8% to $62.0 million.
- Trim Systems and Components revenue rose 21.1% to $53.2 million.
- Updated 2026 revenue guidance is $725 million to $755 million, up from the prior range of $660 million to $700 million.
- Updated 2026 adjusted EBITDA guidance is $26 million to $31 million, up from the prior range of $24 million to $30 million.
$CVGI Hedge Fund Activity
We have seen 44 institutional investors add shares of $CVGI stock to their portfolio, and 26 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TCW GROUP INC added 3,085,692 shares (+inf%) to their portfolio in Q2 2026, for an estimated $14,255,897
- TWO SIGMA INVESTMENTS, LP added 951,988 shares (+368.9%) to their portfolio in Q1 2026, for an estimated $3,246,279
- PEAPOD LANE CAPITAL LLC removed 486,867 shares (-52.5%) from their portfolio in Q2 2026, for an estimated $2,249,325
- SEI INVESTMENTS CO added 369,986 shares (+inf%) to their portfolio in Q1 2026, for an estimated $1,261,652
- BLACK DIAMOND CAPITAL MANAGEMENT I, LLLP removed 350,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $1,193,500
- INFORMED MOMENTUM CO LLC added 293,264 shares (+inf%) to their portfolio in Q1 2026, for an estimated $1,000,030
- WALLEYE CAPITAL LLC removed 249,472 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $1,152,560
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.