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Side-by-side financial comparison of Commercial Vehicle Group, Inc. (CVGI) and PHOTRONICS INC (PLAB). Click either name above to swap in a different company.
PHOTRONICS INC is the larger business by last-quarter revenue ($210.4M vs $154.8M, roughly 1.4× Commercial Vehicle Group, Inc.). On growth, Commercial Vehicle Group, Inc. posted the faster year-over-year revenue change (-5.2% vs -5.5%). PHOTRONICS INC produced more free cash flow last quarter ($25.2M vs $8.7M). Over the past eight quarters, PHOTRONICS INC's revenue compounded faster (-3.8% 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 ...
Photronics, Inc. is an American semiconductor photomask manufacturer. It was the third largest photomask supplier globally as of 2009. Photronics is a member of the eBeam Initiative.
CVGI vs PLAB — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $154.8M | $210.4M |
| Net Profit | — | $22.9M |
| Gross Margin | 9.7% | 33.7% |
| Operating Margin | -1.2% | 22.9% |
| Net Margin | — | 10.9% |
| Revenue YoY | -5.2% | -5.5% |
| Net Profit YoY | — | -32.4% |
| EPS (diluted) | — | $0.39 |
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.
| Q4 25 | $154.8M | — | ||
| Q3 25 | $152.5M | $210.4M | ||
| Q2 25 | $172.0M | $211.0M | ||
| Q1 25 | $169.8M | $212.1M | ||
| Q4 24 | $163.3M | $222.6M | ||
| Q3 24 | $171.8M | $211.0M | ||
| Q2 24 | $193.7M | $217.0M | ||
| Q1 24 | $194.6M | $216.3M |
| Q4 25 | — | — | ||
| Q3 25 | $-7.1M | $22.9M | ||
| Q2 25 | $-4.8M | $8.9M | ||
| Q1 25 | $-4.3M | $42.9M | ||
| Q4 24 | — | $33.9M | ||
| Q3 24 | $9.5M | $34.4M | ||
| Q2 24 | $-1.6M | $36.3M | ||
| Q1 24 | $2.9M | $26.2M |
| Q4 25 | 9.7% | — | ||
| Q3 25 | 10.5% | 33.7% | ||
| Q2 25 | 11.4% | 36.9% | ||
| Q1 25 | 10.5% | 35.6% | ||
| Q4 24 | 8.0% | 37.0% | ||
| Q3 24 | 9.6% | 35.6% | ||
| Q2 24 | 10.6% | 36.5% | ||
| Q1 24 | 11.9% | 36.6% |
| Q4 25 | -1.2% | — | ||
| Q3 25 | -0.7% | 22.9% | ||
| Q2 25 | 0.5% | 26.4% | ||
| Q1 25 | 0.8% | 24.6% | ||
| Q4 24 | -3.2% | 25.1% | ||
| Q3 24 | -0.6% | 24.7% | ||
| Q2 24 | 0.5% | 25.8% | ||
| Q1 24 | 2.3% | 26.6% |
| Q4 25 | — | — | ||
| Q3 25 | -4.6% | 10.9% | ||
| Q2 25 | -2.8% | 4.2% | ||
| Q1 25 | -2.5% | 20.2% | ||
| Q4 24 | — | 15.2% | ||
| Q3 24 | 5.5% | 16.3% | ||
| Q2 24 | -0.8% | 16.7% | ||
| Q1 24 | 1.5% | 12.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | $0.39 | ||
| Q2 25 | — | $0.15 | ||
| Q1 25 | — | $0.68 | ||
| Q4 24 | — | $0.54 | ||
| Q3 24 | — | $0.55 | ||
| Q2 24 | $-0.05 | $0.58 | ||
| Q1 24 | $0.09 | $0.42 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $575.8M |
| Total DebtLower is stronger | $104.9M | $16.0K |
| Stockholders' EquityBook value | $133.4M | $1.1B |
| Total Assets | $391.7M | $1.8B |
| Debt / EquityLower = less leverage | 0.79× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | $575.8M | ||
| Q2 25 | — | $558.4M | ||
| Q1 25 | — | $642.2M | ||
| Q4 24 | — | $640.7M | ||
| Q3 24 | — | $606.4M | ||
| Q2 24 | — | $559.9M | ||
| Q1 24 | — | $521.5M |
| Q4 25 | $104.9M | — | ||
| Q3 25 | $108.2M | $16.0K | ||
| Q2 25 | $118.2M | $19.0K | ||
| Q1 25 | $117.4M | $21.0K | ||
| Q4 24 | $135.5M | $25.0K | ||
| Q3 24 | $128.8M | $28.0K | ||
| Q2 24 | $142.0M | $2.5M | ||
| Q1 24 | $155.7M | $2.7M |
| Q4 25 | $133.4M | — | ||
| Q3 25 | $136.5M | $1.1B | ||
| Q2 25 | $142.6M | $1.1B | ||
| Q1 25 | $136.7M | $1.1B | ||
| Q4 24 | $135.6M | $1.1B | ||
| Q3 24 | $179.3M | $1.1B | ||
| Q2 24 | $169.6M | $1.0B | ||
| Q1 24 | $175.5M | $1.0B |
| Q4 25 | $391.7M | — | ||
| Q3 25 | $400.3M | $1.8B | ||
| Q2 25 | $429.8M | $1.7B | ||
| Q1 25 | $419.8M | $1.7B | ||
| Q4 24 | $424.6M | $1.7B | ||
| Q3 24 | $495.3M | $1.6B | ||
| Q2 24 | $503.2M | $1.6B | ||
| Q1 24 | $509.2M | $1.6B |
| Q4 25 | 0.79× | — | ||
| Q3 25 | 0.79× | 0.00× | ||
| Q2 25 | 0.83× | 0.00× | ||
| Q1 25 | 0.86× | 0.00× | ||
| Q4 24 | 1.00× | 0.00× | ||
| Q3 24 | 0.72× | 0.00× | ||
| Q2 24 | 0.84× | 0.00× | ||
| Q1 24 | 0.89× | 0.00× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $12.3M | $50.1M |
| Free Cash FlowOCF − Capex | $8.7M | $25.2M |
| FCF MarginFCF / Revenue | 5.6% | 12.0% |
| Capex IntensityCapex / Revenue | 2.3% | 11.8% |
| Cash ConversionOCF / Net Profit | — | 2.19× |
| TTM Free Cash FlowTrailing 4 quarters | $34.0M | $64.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.3M | — | ||
| Q3 25 | $-1.7M | $50.1M | ||
| Q2 25 | $18.9M | $31.5M | ||
| Q1 25 | $15.2M | $78.5M | ||
| Q4 24 | $-26.6M | $68.4M | ||
| Q3 24 | $-17.1M | $75.1M | ||
| Q2 24 | $12.6M | $76.5M | ||
| Q1 24 | $-2.4M | $41.5M |
| Q4 25 | $8.7M | — | ||
| Q3 25 | $-3.5M | $25.2M | ||
| Q2 25 | $17.4M | $-29.1M | ||
| Q1 25 | $11.4M | $43.3M | ||
| Q4 24 | $-30.6M | $25.2M | ||
| Q3 24 | $-20.3M | $50.7M | ||
| Q2 24 | $6.4M | $56.5M | ||
| Q1 24 | $-7.4M | $-1.8M |
| Q4 25 | 5.6% | — | ||
| Q3 25 | -2.3% | 12.0% | ||
| Q2 25 | 10.1% | -13.8% | ||
| Q1 25 | 6.7% | 20.4% | ||
| Q4 24 | -18.7% | 11.3% | ||
| Q3 24 | -11.8% | 24.0% | ||
| Q2 24 | 3.3% | 26.0% | ||
| Q1 24 | -3.8% | -0.8% |
| Q4 25 | 2.3% | — | ||
| Q3 25 | 1.2% | 11.8% | ||
| Q2 25 | 0.9% | 28.7% | ||
| Q1 25 | 2.2% | 16.6% | ||
| Q4 24 | 2.4% | 19.4% | ||
| Q3 24 | 1.9% | 11.6% | ||
| Q2 24 | 3.2% | 9.2% | ||
| Q1 24 | 2.6% | 20.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | 2.19× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 1.83× | ||
| Q4 24 | — | 2.02× | ||
| Q3 24 | -1.79× | 2.18× | ||
| Q2 24 | — | 2.11× | ||
| Q1 24 | -0.80× | 1.59× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CVGI
| Global Seating | $70.7M | 46% |
| Global Electrical Systems | $49.7M | 32% |
| Trim Systems And Components | $34.4M | 22% |
PLAB
| High End Integrated Circuits | $53.6M | 25% |
| High End Flat Panel Displays | $53.5M | 25% |
| KR | $43.7M | 21% |
| Other | $42.1M | 20% |
| Mainstream Flat Panel Displays | $9.1M | 4% |
| Transferred At Point In Time | $8.4M | 4% |
