---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-014863"
form_type: "8-K"
ticker: "CVGI"
cik: "0001290900"
company_name: "Commercial Vehicle Group, Inc."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T02:52:33.702485+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CVG Q1 record revenue $262.7M (+7.5% YoY); EPS $0.26, adj. EBITDA $19.8M

## Summary
- Net income $8.7M ($0.26 diluted EPS), vs $4.0M ($0.12) a year ago; adjusted EPS $0.28.
- Adjusted EBITDA $19.8M (7.5% margin), up 47% from $13.5M; driven by pricing and cost management.
- Vehicle Solutions rev. +14.6%, Electrical Systems +37.3%, Aftermarket +24.5%; Industrial Automation -71.4%.
- New business wins ~$85M; cost reduction program on track to deliver at least $30M in 2023.
- Company expects Q1 margin performance sustainable for 2023; on track toward 2027 $1.5B revenue and 9% EBITDA margin.

## SEC filing metadata
- accession: 0001628280-23-014863
- form_type: 8-K
- ticker: CVGI
- cik: 0001290900
- company_name: Commercial Vehicle Group, Inc.
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1290900/000162828023014863/0001628280-23-014863-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1290900/000162828023014863/cvgi-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-014863
- JSON: https://secwatch.observer/filing/0001628280-23-014863.json
- Plain text: https://secwatch.observer/filing/0001628280-23-014863.txt

## Key facts
- Earnings Releases
  Commercial Vehicle Group, Inc. reported first quarter ended March 31, 2023 results: revenue $262.7 million, net income $8.7 million, EPS $0.26 per diluted share.
  - Period: first quarter ended March 31, 2023
  - Revenue: $262.7 million
  - Net income: $8.7 million
  - EPS: $0.26 per diluted share
  - Result: reported results
  source text: CVG REPORTS FIRST QUARTER 2023 RESULTS Record quarterly revenues of $263 million, up 7.5% year-over-year EPS of $0.26, adjusted EBITDA of $19.8 million or 7.5% of revenue
  evidence_url: https://www.sec.gov/Archives/edgar/data/1290900/000162828023014863/0001628280-23-014863-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.