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

Commercial Vehicle Group, Inc. is the larger business by last-quarter revenue ($154.8M vs $119.9M, roughly 1.3× GDEV Inc.). On growth, GDEV Inc. posted the faster year-over-year revenue change (13.3% vs -5.2%).

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 ...

GDEV Inc. is a gaming and entertainment holding company. It is a publicly traded company listed on the Nasdaq stock exchange, headquartered in Limassol, Cyprus. The holding was evolved in June 2023 from a video game company Nexters, founded in 2014, one of the top five independent mobile game companies in Europe. Subsidiaries of GDEV include Nexters Studio, which operates offices in Cyprus, Armenia, and Kazakhstan, as well as Cubic Games, Royal Ark, Game Gears and Light Hour Games. The compan...

CVGI vs GDEV — Head-to-Head

Bigger by revenue
CVGI
CVGI
1.3× larger
CVGI
$154.8M
$119.9M
GDEV
Growing faster (revenue YoY)
GDEV
GDEV
+18.5% gap
GDEV
13.3%
-5.2%
CVGI

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
CVGI
CVGI
GDEV
GDEV
Revenue
$154.8M
$119.9M
Net Profit
$16.6M
Gross Margin
9.7%
Operating Margin
-1.2%
15.5%
Net Margin
13.9%
Revenue YoY
-5.2%
13.3%
Net Profit YoY
13.0%
EPS (diluted)
$0.90

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
GDEV
GDEV
Q4 25
$154.8M
Q3 25
$152.5M
Q2 25
$172.0M
$119.9M
Q1 25
$169.8M
Q4 24
$163.3M
Q3 24
$171.8M
Q2 24
$193.7M
$105.8M
Q1 24
$194.6M
Net Profit
CVGI
CVGI
GDEV
GDEV
Q4 25
Q3 25
$-7.1M
Q2 25
$-4.8M
$16.6M
Q1 25
$-4.3M
Q4 24
Q3 24
$9.5M
Q2 24
$-1.6M
$14.7M
Q1 24
$2.9M
Gross Margin
CVGI
CVGI
GDEV
GDEV
Q4 25
9.7%
Q3 25
10.5%
Q2 25
11.4%
Q1 25
10.5%
Q4 24
8.0%
Q3 24
9.6%
Q2 24
10.6%
Q1 24
11.9%
Operating Margin
CVGI
CVGI
GDEV
GDEV
Q4 25
-1.2%
Q3 25
-0.7%
Q2 25
0.5%
15.5%
Q1 25
0.8%
Q4 24
-3.2%
Q3 24
-0.6%
Q2 24
0.5%
14.4%
Q1 24
2.3%
Net Margin
CVGI
CVGI
GDEV
GDEV
Q4 25
Q3 25
-4.6%
Q2 25
-2.8%
13.9%
Q1 25
-2.5%
Q4 24
Q3 24
5.5%
Q2 24
-0.8%
13.9%
Q1 24
1.5%
EPS (diluted)
CVGI
CVGI
GDEV
GDEV
Q4 25
Q3 25
Q2 25
$0.90
Q1 25
Q4 24
Q3 24
Q2 24
$-0.05
$0.81
Q1 24
$0.09

Balance Sheet & Financial Strength

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

Metric
CVGI
CVGI
GDEV
GDEV
Cash + ST InvestmentsLiquidity on hand
$41.6M
Total DebtLower is stronger
$104.9M
Stockholders' EquityBook value
$133.4M
$-129.4M
Total Assets
$391.7M
$210.2M
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVGI
CVGI
GDEV
GDEV
Q4 25
Q3 25
Q2 25
$41.6M
Q1 25
Q4 24
Q3 24
Q2 24
$50.8M
Q1 24
Total Debt
CVGI
CVGI
GDEV
GDEV
Q4 25
$104.9M
Q3 25
$108.2M
Q2 25
$118.2M
Q1 25
$117.4M
Q4 24
$135.5M
Q3 24
$128.8M
Q2 24
$142.0M
Q1 24
$155.7M
Stockholders' Equity
CVGI
CVGI
GDEV
GDEV
Q4 25
$133.4M
Q3 25
$136.5M
Q2 25
$142.6M
$-129.4M
Q1 25
$136.7M
Q4 24
$135.6M
Q3 24
$179.3M
Q2 24
$169.6M
$-118.7M
Q1 24
$175.5M
Total Assets
CVGI
CVGI
GDEV
GDEV
Q4 25
$391.7M
Q3 25
$400.3M
Q2 25
$429.8M
$210.2M
Q1 25
$419.8M
Q4 24
$424.6M
Q3 24
$495.3M
Q2 24
$503.2M
$282.8M
Q1 24
$509.2M
Debt / Equity
CVGI
CVGI
GDEV
GDEV
Q4 25
0.79×
Q3 25
0.79×
Q2 25
0.83×
Q1 25
0.86×
Q4 24
1.00×
Q3 24
0.72×
Q2 24
0.84×
Q1 24
0.89×

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
GDEV
GDEV
Operating Cash FlowLast quarter
$12.3M
Free Cash FlowOCF − Capex
$8.7M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$34.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVGI
CVGI
GDEV
GDEV
Q4 25
$12.3M
Q3 25
$-1.7M
Q2 25
$18.9M
Q1 25
$15.2M
Q4 24
$-26.6M
Q3 24
$-17.1M
Q2 24
$12.6M
Q1 24
$-2.4M
Free Cash Flow
CVGI
CVGI
GDEV
GDEV
Q4 25
$8.7M
Q3 25
$-3.5M
Q2 25
$17.4M
Q1 25
$11.4M
Q4 24
$-30.6M
Q3 24
$-20.3M
Q2 24
$6.4M
Q1 24
$-7.4M
FCF Margin
CVGI
CVGI
GDEV
GDEV
Q4 25
5.6%
Q3 25
-2.3%
Q2 25
10.1%
Q1 25
6.7%
Q4 24
-18.7%
Q3 24
-11.8%
Q2 24
3.3%
Q1 24
-3.8%
Capex Intensity
CVGI
CVGI
GDEV
GDEV
Q4 25
2.3%
Q3 25
1.2%
Q2 25
0.9%
Q1 25
2.2%
Q4 24
2.4%
Q3 24
1.9%
Q2 24
3.2%
Q1 24
2.6%
Cash Conversion
CVGI
CVGI
GDEV
GDEV
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-1.79×
Q2 24
Q1 24
-0.80×

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%

GDEV
GDEV

Segment breakdown not available.

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