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Core Molding Technologies (CMT) investor relations material
Core Molding Technologies Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved $63 million in new business wins for 2025, with over 65% outside core Truck and Powersports markets, supporting diversification.
Fourth quarter net sales rose 19.5% year-over-year to $74.7 million, driven by elevated tooling revenue and powersports recovery.
Completed executive leadership transition, with new CEO effective end of May 2026 and outgoing CEO remaining as advisor through 2027.
Proprietary SMC launched in Building Products, generating nearly $10 million in revenue.
Invested in Mexico expansions and new greenfield plant to support growth and operational efficiency.
Financial highlights
Fiscal 2025 revenues declined 9.5% year-over-year to $273.8 million, mainly due to truck sector weakness.
Fourth quarter revenue was $74.7 million, up 27.8% sequentially and 19.5% year-over-year.
Q4 gross margin was $11.3 million (15.2% of net sales), up from $9.9 million (15.8%).
Adjusted EBITDA margin for Q4 was 10.2%, up 100 basis points year-over-year.
Net income for Q4 was $3.1 million ($0.36 per diluted share), compared to a loss of $39,000 in the prior year.
Full-year gross margin was $47.6 million (17.4%), within the targeted 17%-19% range.
Cash flow from operations totaled $19 million in 2025; free cash flow was $1.9 million after $17.3 million in capex.
Outlook and guidance
2026 sales expected to be flat to up 5%, with tooling revenue weighted to Q4.
Gross margin guidance for 2026 remains 17%-19%.
Majority of $63 million in new wins to impact results in H2 2026 and 2027.
Truck market recovery anticipated in H2 2026; powersports expected to grow year-over-year.
Pipeline expected to deliver $150 million incremental revenue over several years; clear path to $300 million revenue in 2027.
Long-term revenue target of $500 million with margin expansion potential to low 20s% by 2027.
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