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Side-by-side financial comparison of Commercial Vehicle Group, Inc. (CVGI) and 1ST SOURCE CORP (SRCE). 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 $113.1M, roughly 1.4× 1ST SOURCE CORP). On growth, 1ST SOURCE CORP posted the faster year-over-year revenue change (8.7% vs -5.2%). 1ST SOURCE CORP produced more free cash flow last quarter ($58.1M vs $8.7M). Over the past eight quarters, 1ST SOURCE CORP's revenue compounded faster (7.8% 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 ...

1st Source Corporation is a financial services company headquartered in South Bend, Indiana. It operates 1st Source Bank, a bank with 81 branches in Indiana and Michigan. The bank's Specialty Finance Group provides financing for aircraft, trucks, and construction equipment. 1st Source Insurance provides insurance products and services.

CVGI vs SRCE — Head-to-Head

Bigger by revenue
CVGI
CVGI
1.4× larger
CVGI
$154.8M
$113.1M
SRCE
Growing faster (revenue YoY)
SRCE
SRCE
+14.0% gap
SRCE
8.7%
-5.2%
CVGI
More free cash flow
SRCE
SRCE
$49.4M more FCF
SRCE
$58.1M
$8.7M
CVGI
Faster 2-yr revenue CAGR
SRCE
SRCE
Annualised
SRCE
7.8%
-10.8%
CVGI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CVGI
CVGI
SRCE
SRCE
Revenue
$154.8M
$113.1M
Net Profit
$40.0M
Gross Margin
9.7%
Operating Margin
-1.2%
45.4%
Net Margin
35.3%
Revenue YoY
-5.2%
8.7%
Net Profit YoY
6.5%
EPS (diluted)
$1.63

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
SRCE
SRCE
Q1 26
$113.1M
Q4 25
$154.8M
$110.8M
Q3 25
$152.5M
$110.7M
Q2 25
$172.0M
$108.2M
Q1 25
$169.8M
$104.0M
Q4 24
$163.3M
$97.8M
Q3 24
$171.8M
$97.9M
Q2 24
$193.7M
$97.3M
Net Profit
CVGI
CVGI
SRCE
SRCE
Q1 26
$40.0M
Q4 25
$41.1M
Q3 25
$-7.1M
$42.3M
Q2 25
$-4.8M
$37.3M
Q1 25
$-4.3M
$37.5M
Q4 24
$31.4M
Q3 24
$9.5M
$34.9M
Q2 24
$-1.6M
$36.8M
Gross Margin
CVGI
CVGI
SRCE
SRCE
Q1 26
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%
Operating Margin
CVGI
CVGI
SRCE
SRCE
Q1 26
45.4%
Q4 25
-1.2%
Q3 25
-0.7%
49.7%
Q2 25
0.5%
44.5%
Q1 25
0.8%
45.8%
Q4 24
-3.2%
Q3 24
-0.6%
46.3%
Q2 24
0.5%
49.1%
Net Margin
CVGI
CVGI
SRCE
SRCE
Q1 26
35.3%
Q4 25
37.1%
Q3 25
-4.6%
38.2%
Q2 25
-2.8%
34.5%
Q1 25
-2.5%
36.1%
Q4 24
32.1%
Q3 24
5.5%
35.7%
Q2 24
-0.8%
37.8%
EPS (diluted)
CVGI
CVGI
SRCE
SRCE
Q1 26
$1.63
Q4 25
$1.67
Q3 25
$1.71
Q2 25
$1.51
Q1 25
$1.52
Q4 24
$1.27
Q3 24
$1.41
Q2 24
$-0.05
$1.49

Balance Sheet & Financial Strength

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

Metric
CVGI
CVGI
SRCE
SRCE
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$104.9M
Stockholders' EquityBook value
$133.4M
$1.3B
Total Assets
$391.7M
$9.1B
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Total Debt
CVGI
CVGI
SRCE
SRCE
Q1 26
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
Stockholders' Equity
CVGI
CVGI
SRCE
SRCE
Q1 26
$1.3B
Q4 25
$133.4M
$1.3B
Q3 25
$136.5M
$1.2B
Q2 25
$142.6M
$1.2B
Q1 25
$136.7M
$1.2B
Q4 24
$135.6M
$1.1B
Q3 24
$179.3M
$1.1B
Q2 24
$169.6M
$1.0B
Total Assets
CVGI
CVGI
SRCE
SRCE
Q1 26
$9.1B
Q4 25
$391.7M
$9.1B
Q3 25
$400.3M
$9.1B
Q2 25
$429.8M
$9.1B
Q1 25
$419.8M
$9.0B
Q4 24
$424.6M
$8.9B
Q3 24
$495.3M
$8.8B
Q2 24
$503.2M
$8.9B
Debt / Equity
CVGI
CVGI
SRCE
SRCE
Q1 26
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×

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
SRCE
SRCE
Operating Cash FlowLast quarter
$12.3M
$59.1M
Free Cash FlowOCF − Capex
$8.7M
$58.1M
FCF MarginFCF / Revenue
5.6%
51.4%
Capex IntensityCapex / Revenue
2.3%
0.9%
Cash ConversionOCF / Net Profit
1.48×
TTM Free Cash FlowTrailing 4 quarters
$34.0M
$361.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVGI
CVGI
SRCE
SRCE
Q1 26
$59.1M
Q4 25
$12.3M
$223.1M
Q3 25
$-1.7M
$51.0M
Q2 25
$18.9M
$44.9M
Q1 25
$15.2M
$71.8M
Q4 24
$-26.6M
$193.9M
Q3 24
$-17.1M
$68.4M
Q2 24
$12.6M
$50.0M
Free Cash Flow
CVGI
CVGI
SRCE
SRCE
Q1 26
$58.1M
Q4 25
$8.7M
$213.0M
Q3 25
$-3.5M
$47.3M
Q2 25
$17.4M
$43.0M
Q1 25
$11.4M
$69.3M
Q4 24
$-30.6M
$181.5M
Q3 24
$-20.3M
$66.7M
Q2 24
$6.4M
$46.4M
FCF Margin
CVGI
CVGI
SRCE
SRCE
Q1 26
51.4%
Q4 25
5.6%
192.2%
Q3 25
-2.3%
42.7%
Q2 25
10.1%
39.8%
Q1 25
6.7%
66.6%
Q4 24
-18.7%
185.5%
Q3 24
-11.8%
68.1%
Q2 24
3.3%
47.7%
Capex Intensity
CVGI
CVGI
SRCE
SRCE
Q1 26
0.9%
Q4 25
2.3%
9.1%
Q3 25
1.2%
3.4%
Q2 25
0.9%
1.7%
Q1 25
2.2%
2.4%
Q4 24
2.4%
12.6%
Q3 24
1.9%
1.7%
Q2 24
3.2%
3.7%
Cash Conversion
CVGI
CVGI
SRCE
SRCE
Q1 26
1.48×
Q4 25
5.42×
Q3 25
1.21×
Q2 25
1.20×
Q1 25
1.91×
Q4 24
6.17×
Q3 24
-1.79×
1.96×
Q2 24
1.36×

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%

SRCE
SRCE

Segment breakdown not available.

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