vs

Side-by-side financial comparison of Commercial Vehicle Group, Inc. (CVGI) and FORMFACTOR INC (FORM). Click either name above to swap in a different company.

FORMFACTOR INC is the larger business by last-quarter revenue ($226.1M vs $154.8M, roughly 1.5× Commercial Vehicle Group, Inc.). On growth, FORMFACTOR INC posted the faster year-over-year revenue change (32.0% vs -5.2%). FORMFACTOR INC produced more free cash flow last quarter ($30.7M vs $8.7M). Over the past eight quarters, FORMFACTOR INC's revenue compounded faster (7.0% CAGR vs -10.8%).

WABCO Holdings, Inc. was a U.S.-based provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. In 2007, the Vehicle Control Systems was spun off as WABCO Holdings Inc., an American provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. Their products are present in many commercial vehicles such as trucks, buses, trailers and off-highway vehicles but they ...

Formfactor, Inc. is a provider of test and measurement technologies for integrated circuits, with its headquarters in Livermore, California. It provides semiconductor companies with products to improve device performance and provide test and measurement technologies for integrated circuits.

CVGI vs FORM — Head-to-Head

Bigger by revenue
FORM
FORM
1.5× larger
FORM
$226.1M
$154.8M
CVGI
Growing faster (revenue YoY)
FORM
FORM
+37.2% gap
FORM
32.0%
-5.2%
CVGI
More free cash flow
FORM
FORM
$22.0M more FCF
FORM
$30.7M
$8.7M
CVGI
Faster 2-yr revenue CAGR
FORM
FORM
Annualised
FORM
7.0%
-10.8%
CVGI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CVGI
CVGI
FORM
FORM
Revenue
$154.8M
$226.1M
Net Profit
$20.4M
Gross Margin
9.7%
38.4%
Operating Margin
-1.2%
7.4%
Net Margin
9.0%
Revenue YoY
-5.2%
32.0%
Net Profit YoY
218.5%
EPS (diluted)
$0.26

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CVGI
CVGI
FORM
FORM
Q1 26
$226.1M
Q4 25
$154.8M
$215.2M
Q3 25
$152.5M
$202.7M
Q2 25
$172.0M
$195.8M
Q1 25
$169.8M
$171.4M
Q4 24
$163.3M
$189.5M
Q3 24
$171.8M
$207.9M
Q2 24
$193.7M
$197.5M
Net Profit
CVGI
CVGI
FORM
FORM
Q1 26
$20.4M
Q4 25
$23.2M
Q3 25
$-7.1M
$15.7M
Q2 25
$-4.8M
$9.1M
Q1 25
$-4.3M
$6.4M
Q4 24
$9.7M
Q3 24
$9.5M
$18.7M
Q2 24
$-1.6M
$19.4M
Gross Margin
CVGI
CVGI
FORM
FORM
Q1 26
38.4%
Q4 25
9.7%
42.2%
Q3 25
10.5%
39.8%
Q2 25
11.4%
37.3%
Q1 25
10.5%
37.7%
Q4 24
8.0%
38.8%
Q3 24
9.6%
40.7%
Q2 24
10.6%
44.0%
Operating Margin
CVGI
CVGI
FORM
FORM
Q1 26
7.4%
Q4 25
-1.2%
10.9%
Q3 25
-0.7%
8.9%
Q2 25
0.5%
6.3%
Q1 25
0.8%
1.9%
Q4 24
-3.2%
4.1%
Q3 24
-0.6%
8.6%
Q2 24
0.5%
9.0%
Net Margin
CVGI
CVGI
FORM
FORM
Q1 26
9.0%
Q4 25
10.8%
Q3 25
-4.6%
7.7%
Q2 25
-2.8%
4.6%
Q1 25
-2.5%
3.7%
Q4 24
5.1%
Q3 24
5.5%
9.0%
Q2 24
-0.8%
9.8%
EPS (diluted)
CVGI
CVGI
FORM
FORM
Q1 26
$0.26
Q4 25
$0.29
Q3 25
$0.20
Q2 25
$0.12
Q1 25
$0.08
Q4 24
$0.12
Q3 24
$0.24
Q2 24
$-0.05
$0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CVGI
CVGI
FORM
FORM
Cash + ST InvestmentsLiquidity on hand
$123.5M
Total DebtLower is stronger
$104.9M
Stockholders' EquityBook value
$133.4M
$1.1B
Total Assets
$391.7M
$1.3B
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVGI
CVGI
FORM
FORM
Q1 26
$123.5M
Q4 25
$103.3M
Q3 25
$266.0M
Q2 25
$249.3M
Q1 25
$299.0M
Q4 24
$360.0M
Q3 24
$354.5M
Q2 24
$357.6M
Total Debt
CVGI
CVGI
FORM
FORM
Q1 26
Q4 25
$104.9M
$12.2M
Q3 25
$108.2M
Q2 25
$118.2M
Q1 25
$117.4M
Q4 24
$135.5M
$13.3M
Q3 24
$128.8M
Q2 24
$142.0M
Stockholders' Equity
CVGI
CVGI
FORM
FORM
Q1 26
$1.1B
Q4 25
$133.4M
$1.0B
Q3 25
$136.5M
$1.0B
Q2 25
$142.6M
$990.0M
Q1 25
$136.7M
$965.9M
Q4 24
$135.6M
$947.8M
Q3 24
$179.3M
$955.0M
Q2 24
$169.6M
$947.9M
Total Assets
CVGI
CVGI
FORM
FORM
Q1 26
$1.3B
Q4 25
$391.7M
$1.2B
Q3 25
$400.3M
$1.2B
Q2 25
$429.8M
$1.2B
Q1 25
$419.8M
$1.2B
Q4 24
$424.6M
$1.1B
Q3 24
$495.3M
$1.2B
Q2 24
$503.2M
$1.2B
Debt / Equity
CVGI
CVGI
FORM
FORM
Q1 26
Q4 25
0.79×
0.01×
Q3 25
0.79×
Q2 25
0.83×
Q1 25
0.86×
Q4 24
1.00×
0.01×
Q3 24
0.72×
Q2 24
0.84×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CVGI
CVGI
FORM
FORM
Operating Cash FlowLast quarter
$12.3M
$45.0M
Free Cash FlowOCF − Capex
$8.7M
$30.7M
FCF MarginFCF / Revenue
5.6%
13.6%
Capex IntensityCapex / Revenue
2.3%
6.7%
Cash ConversionOCF / Net Profit
2.21×
TTM Free Cash FlowTrailing 4 quarters
$34.0M
$37.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVGI
CVGI
FORM
FORM
Q1 26
$45.0M
Q4 25
$12.3M
$46.0M
Q3 25
$-1.7M
$27.0M
Q2 25
$18.9M
$18.9M
Q1 25
$15.2M
$23.5M
Q4 24
$-26.6M
$35.9M
Q3 24
$-17.1M
$26.7M
Q2 24
$12.6M
$21.9M
Free Cash Flow
CVGI
CVGI
FORM
FORM
Q1 26
$30.7M
Q4 25
$8.7M
$34.7M
Q3 25
$-3.5M
$19.5M
Q2 25
$17.4M
$-47.4M
Q1 25
$11.4M
$5.0M
Q4 24
$-30.6M
$28.3M
Q3 24
$-20.3M
$17.8M
Q2 24
$6.4M
$13.5M
FCF Margin
CVGI
CVGI
FORM
FORM
Q1 26
13.6%
Q4 25
5.6%
16.1%
Q3 25
-2.3%
9.6%
Q2 25
10.1%
-24.2%
Q1 25
6.7%
2.9%
Q4 24
-18.7%
14.9%
Q3 24
-11.8%
8.6%
Q2 24
3.3%
6.8%
Capex Intensity
CVGI
CVGI
FORM
FORM
Q1 26
6.7%
Q4 25
2.3%
5.3%
Q3 25
1.2%
3.7%
Q2 25
0.9%
33.8%
Q1 25
2.2%
10.8%
Q4 24
2.4%
4.0%
Q3 24
1.9%
4.3%
Q2 24
3.2%
4.3%
Cash Conversion
CVGI
CVGI
FORM
FORM
Q1 26
2.21×
Q4 25
1.98×
Q3 25
1.72×
Q2 25
2.08×
Q1 25
3.68×
Q4 24
3.70×
Q3 24
-1.79×
1.43×
Q2 24
1.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CVGI
CVGI

Global Seating$70.7M46%
Global Electrical Systems$49.7M32%
Trim Systems And Components$34.4M22%

FORM
FORM

Segment breakdown not available.

Related Comparisons