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

Udemy, Inc. is the larger business by last-quarter revenue ($194.0M vs $154.8M, roughly 1.3× Commercial Vehicle Group, Inc.). On growth, Udemy, Inc. posted the faster year-over-year revenue change (-3.0% vs -5.2%). Udemy, Inc. produced more free cash flow last quarter ($15.0M vs $8.7M). Over the past eight quarters, Udemy, Inc.'s revenue compounded faster (-0.7% 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 ...

Udemy is a US-based education technology company. Founded as a massive open online course (MOOC) provider in 2010 by Eren Bali, Gagan Biyani, and Oktay Caglar; the company is based in San Francisco, California, with offices in the United States, Australia, India, Ireland, Mexico and Turkey. Its education platform allows both the creation and sharing of online courses. By early 2025, Udemy claimed to have millions of individual users. Courses are typically video-based and on-demand.

CVGI vs UDMY — Head-to-Head

Bigger by revenue
UDMY
UDMY
1.3× larger
UDMY
$194.0M
$154.8M
CVGI
Growing faster (revenue YoY)
UDMY
UDMY
+2.2% gap
UDMY
-3.0%
-5.2%
CVGI
More free cash flow
UDMY
UDMY
$6.3M more FCF
UDMY
$15.0M
$8.7M
CVGI
Faster 2-yr revenue CAGR
UDMY
UDMY
Annualised
UDMY
-0.7%
-10.8%
CVGI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CVGI
CVGI
UDMY
UDMY
Revenue
$154.8M
$194.0M
Net Profit
$-2.3M
Gross Margin
9.7%
66.0%
Operating Margin
-1.2%
-1.8%
Net Margin
-1.2%
Revenue YoY
-5.2%
-3.0%
Net Profit YoY
76.4%
EPS (diluted)
$-0.01

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
UDMY
UDMY
Q4 25
$154.8M
$194.0M
Q3 25
$152.5M
$195.7M
Q2 25
$172.0M
$199.9M
Q1 25
$169.8M
$200.3M
Q4 24
$163.3M
$199.9M
Q3 24
$171.8M
$195.4M
Q2 24
$193.7M
$194.4M
Q1 24
$194.6M
$196.8M
Net Profit
CVGI
CVGI
UDMY
UDMY
Q4 25
$-2.3M
Q3 25
$-7.1M
$1.6M
Q2 25
$-4.8M
$6.3M
Q1 25
$-4.3M
$-1.8M
Q4 24
$-9.9M
Q3 24
$9.5M
$-25.3M
Q2 24
$-1.6M
$-31.8M
Q1 24
$2.9M
$-18.3M
Gross Margin
CVGI
CVGI
UDMY
UDMY
Q4 25
9.7%
66.0%
Q3 25
10.5%
65.9%
Q2 25
11.4%
66.1%
Q1 25
10.5%
64.6%
Q4 24
8.0%
63.6%
Q3 24
9.6%
63.0%
Q2 24
10.6%
62.3%
Q1 24
11.9%
61.2%
Operating Margin
CVGI
CVGI
UDMY
UDMY
Q4 25
-1.2%
-1.8%
Q3 25
-0.7%
-0.1%
Q2 25
0.5%
2.0%
Q1 25
0.8%
-2.2%
Q4 24
-3.2%
-5.8%
Q3 24
-0.6%
-15.1%
Q2 24
0.5%
-13.1%
Q1 24
2.3%
-11.5%
Net Margin
CVGI
CVGI
UDMY
UDMY
Q4 25
-1.2%
Q3 25
-4.6%
0.8%
Q2 25
-2.8%
3.1%
Q1 25
-2.5%
-0.9%
Q4 24
-4.9%
Q3 24
5.5%
-12.9%
Q2 24
-0.8%
-16.4%
Q1 24
1.5%
-9.3%
EPS (diluted)
CVGI
CVGI
UDMY
UDMY
Q4 25
$-0.01
Q3 25
$0.01
Q2 25
$0.04
Q1 25
$-0.01
Q4 24
$-0.06
Q3 24
$-0.17
Q2 24
$-0.05
$-0.21
Q1 24
$0.09
$-0.12

Balance Sheet & Financial Strength

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

Metric
CVGI
CVGI
UDMY
UDMY
Cash + ST InvestmentsLiquidity on hand
$358.7M
Total DebtLower is stronger
$104.9M
Stockholders' EquityBook value
$133.4M
$210.5M
Total Assets
$391.7M
$617.7M
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVGI
CVGI
UDMY
UDMY
Q4 25
$358.7M
Q3 25
$371.2M
Q2 25
$392.0M
Q1 25
$357.0M
Q4 24
$354.4M
Q3 24
$357.1M
Q2 24
$420.9M
Q1 24
$430.7M
Total Debt
CVGI
CVGI
UDMY
UDMY
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
UDMY
UDMY
Q4 25
$133.4M
$210.5M
Q3 25
$136.5M
$221.8M
Q2 25
$142.6M
$233.4M
Q1 25
$136.7M
$209.4M
Q4 24
$135.6M
$197.4M
Q3 24
$179.3M
$196.3M
Q2 24
$169.6M
$252.3M
Q1 24
$175.5M
$296.5M
Total Assets
CVGI
CVGI
UDMY
UDMY
Q4 25
$391.7M
$617.7M
Q3 25
$400.3M
$618.9M
Q2 25
$429.8M
$644.0M
Q1 25
$419.8M
$639.0M
Q4 24
$424.6M
$605.6M
Q3 24
$495.3M
$608.9M
Q2 24
$503.2M
$671.9M
Q1 24
$509.2M
$708.5M
Debt / Equity
CVGI
CVGI
UDMY
UDMY
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
UDMY
UDMY
Operating Cash FlowLast quarter
$12.3M
$15.5M
Free Cash FlowOCF − Capex
$8.7M
$15.0M
FCF MarginFCF / Revenue
5.6%
7.7%
Capex IntensityCapex / Revenue
2.3%
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$34.0M
$81.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVGI
CVGI
UDMY
UDMY
Q4 25
$12.3M
$15.5M
Q3 25
$-1.7M
$15.7M
Q2 25
$18.9M
$44.2M
Q1 25
$15.2M
$12.2M
Q4 24
$-26.6M
$9.6M
Q3 24
$-17.1M
$-6.1M
Q2 24
$12.6M
$28.6M
Q1 24
$-2.4M
$21.0M
Free Cash Flow
CVGI
CVGI
UDMY
UDMY
Q4 25
$8.7M
$15.0M
Q3 25
$-3.5M
$15.1M
Q2 25
$17.4M
$41.9M
Q1 25
$11.4M
$9.8M
Q4 24
$-30.6M
$8.4M
Q3 24
$-20.3M
$-6.7M
Q2 24
$6.4M
$28.2M
Q1 24
$-7.4M
$20.8M
FCF Margin
CVGI
CVGI
UDMY
UDMY
Q4 25
5.6%
7.7%
Q3 25
-2.3%
7.7%
Q2 25
10.1%
21.0%
Q1 25
6.7%
4.9%
Q4 24
-18.7%
4.2%
Q3 24
-11.8%
-3.4%
Q2 24
3.3%
14.5%
Q1 24
-3.8%
10.6%
Capex Intensity
CVGI
CVGI
UDMY
UDMY
Q4 25
2.3%
0.3%
Q3 25
1.2%
0.3%
Q2 25
0.9%
1.1%
Q1 25
2.2%
1.2%
Q4 24
2.4%
0.6%
Q3 24
1.9%
0.3%
Q2 24
3.2%
0.2%
Q1 24
2.6%
0.1%
Cash Conversion
CVGI
CVGI
UDMY
UDMY
Q4 25
Q3 25
9.58×
Q2 25
7.06×
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%

UDMY
UDMY

Segment breakdown not available.

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