CVD Equipment Q1 continuing ops revenue down 70.9%; SDC sale completed with $23M cash

CVD EQUIPMENT CORP

2026-Q1 EPS reported -$0.24 revenue$1,844,000

Q1 continuing ops revenue $1.8M, down 70.9% YoY; net loss ($1.7M) or ($0.25) per share.
Orders $1.8M, up from $0.8M; backlog $4.7M flat.
Gross margin fell to 8.0% from 27.4% due to lower system revenue.
Sale of SDC division completed Apr 1 for net cash $14.8M; cash ~$23M, no long-term debt.
Workforce reduction expected to save ~$1.8M in FY2026 operating costs.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

CVD EQUIPMENT CORP reported first quarter ended March 31, 2026 results: revenue $1.8 million, net income ($1.7 million), or ($0.25) per basic and diluted share, EPS ($0.25) per basic and diluted share.

Period: first quarter ended March 31, 2026
Revenue: $1.8 million
Net income: ($1.7 million), or ($0.25) per basic and diluted share
EPS: ($0.25) per basic and diluted share
Result: reported results

Exact text from the filing

from a vertically integrated fabrication model to outsource fabrication for certain components. This action is expected to reduce our annual operating costs by approximately $1.8 million in fiscal 2026.” Lakios added, “In addition, we remain focused on delivering solutions across our key target markets, including aerospace and defense, industrial applications

View on SEC.gov

Browse all earnings releases →

CVD EQUIPMENT CORP filing history →

Source: SEC EDGAR

accession 0001493152-26-023041

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.