earnings
confidence high
sentiment neutral
materiality 0.65
Core Molding Q2 net income $1.8M ($0.21/diluted); production revenue down 1.2% YoY; new business wins $25.7M in H1
CORE MOLDING TECHNOLOGIES INC
- Q2 production revenue $60.9M, down 1.2% YoY; ex-truck up 20.8%. Tooling $1.8M vs $17.6M.
- Gross margin 20.3% (19.4% ex one-time credit); adjusted EBITDA $7.6M (12.2% of revenue).
- Net income $1.8M ($0.21 diluted); adjusted net income $3.3M ($0.39).
- H1 new business awards $25.7M, 100% net new, 65% outside truck/powersports.
- FY2026 guidance: net sales flat to +5% growth; gross margin 17-19%; gradual truck recovery H2.