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Side-by-side financial comparison of Commercial Vehicle Group, Inc. (CVGI) and Vericel Corp (VCEL). 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 $92.9M, roughly 1.7× Vericel Corp). On growth, Vericel Corp posted the faster year-over-year revenue change (23.3% vs -5.2%). Vericel Corp produced more free cash flow last quarter ($12.8M vs $8.7M). Over the past eight quarters, Vericel Corp's revenue compounded faster (34.6% 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 ...
Vericel Corporation is a publicly traded American biopharmaceutical company which was known prior to October 2014 as Aastrom Bio. Aastrom Bio was formed in 1989 in Ann Arbor, Michigan.
CVGI vs VCEL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $154.8M | $92.9M |
| Net Profit | — | $23.2M |
| Gross Margin | 9.7% | 78.7% |
| Operating Margin | -1.2% | 24.1% |
| Net Margin | — | 25.0% |
| Revenue YoY | -5.2% | 23.3% |
| Net Profit YoY | — | 17.3% |
| EPS (diluted) | — | $0.46 |
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 | $92.9M | ||
| Q3 25 | $152.5M | $67.5M | ||
| Q2 25 | $172.0M | $63.2M | ||
| Q1 25 | $169.8M | $52.6M | ||
| Q4 24 | $163.3M | $75.4M | ||
| Q3 24 | $171.8M | $57.9M | ||
| Q2 24 | $193.7M | $52.7M | ||
| Q1 24 | $194.6M | $51.3M |
| Q4 25 | — | $23.2M | ||
| Q3 25 | $-7.1M | $5.1M | ||
| Q2 25 | $-4.8M | $-553.0K | ||
| Q1 25 | $-4.3M | $-11.2M | ||
| Q4 24 | — | $19.8M | ||
| Q3 24 | $9.5M | $-901.0K | ||
| Q2 24 | $-1.6M | $-4.7M | ||
| Q1 24 | $2.9M | $-3.9M |
| Q4 25 | 9.7% | 78.7% | ||
| Q3 25 | 10.5% | 73.5% | ||
| Q2 25 | 11.4% | 73.7% | ||
| Q1 25 | 10.5% | 69.0% | ||
| Q4 24 | 8.0% | 77.6% | ||
| Q3 24 | 9.6% | 71.9% | ||
| Q2 24 | 10.6% | 69.5% | ||
| Q1 24 | 11.9% | 68.9% |
| Q4 25 | -1.2% | 24.1% | ||
| Q3 25 | -0.7% | 5.1% | ||
| Q2 25 | 0.5% | -3.2% | ||
| Q1 25 | 0.8% | -24.3% | ||
| Q4 24 | -3.2% | 24.5% | ||
| Q3 24 | -0.6% | -4.3% | ||
| Q2 24 | 0.5% | -11.5% | ||
| Q1 24 | 2.3% | -10.7% |
| Q4 25 | — | 25.0% | ||
| Q3 25 | -4.6% | 7.5% | ||
| Q2 25 | -2.8% | -0.9% | ||
| Q1 25 | -2.5% | -21.4% | ||
| Q4 24 | — | 26.3% | ||
| Q3 24 | 5.5% | -1.6% | ||
| Q2 24 | -0.8% | -8.9% | ||
| Q1 24 | 1.5% | -7.5% |
| Q4 25 | — | $0.46 | ||
| Q3 25 | — | $0.10 | ||
| Q2 25 | — | $-0.01 | ||
| Q1 25 | — | $-0.23 | ||
| Q4 24 | — | $0.40 | ||
| Q3 24 | — | $-0.02 | ||
| Q2 24 | $-0.05 | $-0.10 | ||
| Q1 24 | $0.09 | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $137.5M |
| Total DebtLower is stronger | $104.9M | — |
| Stockholders' EquityBook value | $133.4M | $354.6M |
| Total Assets | $391.7M | $488.0M |
| Debt / EquityLower = less leverage | 0.79× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $137.5M | ||
| Q3 25 | — | $135.4M | ||
| Q2 25 | — | $116.9M | ||
| Q1 25 | — | $112.9M | ||
| Q4 24 | — | $116.2M | ||
| Q3 24 | — | $101.7M | ||
| Q2 24 | — | $102.5M | ||
| Q1 24 | — | $110.6M |
| 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 | — |
| Q4 25 | $133.4M | $354.6M | ||
| Q3 25 | $136.5M | $321.9M | ||
| Q2 25 | $142.6M | $306.8M | ||
| Q1 25 | $136.7M | $295.5M | ||
| Q4 24 | $135.6M | $292.0M | ||
| Q3 24 | $179.3M | $257.5M | ||
| Q2 24 | $169.6M | $243.0M | ||
| Q1 24 | $175.5M | $233.9M |
| Q4 25 | $391.7M | $488.0M | ||
| Q3 25 | $400.3M | $453.3M | ||
| Q2 25 | $429.8M | $435.6M | ||
| Q1 25 | $419.8M | $424.6M | ||
| Q4 24 | $424.6M | $432.7M | ||
| Q3 24 | $495.3M | $390.4M | ||
| Q2 24 | $503.2M | $376.8M | ||
| Q1 24 | $509.2M | $356.7M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $12.3M | $15.0M |
| Free Cash FlowOCF − Capex | $8.7M | $12.8M |
| FCF MarginFCF / Revenue | 5.6% | 13.8% |
| Capex IntensityCapex / Revenue | 2.3% | 2.4% |
| Cash ConversionOCF / Net Profit | — | 0.65× |
| TTM Free Cash FlowTrailing 4 quarters | $34.0M | $24.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.3M | $15.0M | ||
| Q3 25 | $-1.7M | $22.1M | ||
| Q2 25 | $18.9M | $8.2M | ||
| Q1 25 | $15.2M | $6.6M | ||
| Q4 24 | $-26.6M | $22.2M | ||
| Q3 24 | $-17.1M | $10.2M | ||
| Q2 24 | $12.6M | $18.5M | ||
| Q1 24 | $-2.4M | $7.2M |
| Q4 25 | $8.7M | $12.8M | ||
| Q3 25 | $-3.5M | $19.5M | ||
| Q2 25 | $17.4M | $81.0K | ||
| Q1 25 | $11.4M | $-7.6M | ||
| Q4 24 | $-30.6M | $8.5M | ||
| Q3 24 | $-20.3M | $-9.2M | ||
| Q2 24 | $6.4M | $1.8M | ||
| Q1 24 | $-7.4M | $-6.8M |
| Q4 25 | 5.6% | 13.8% | ||
| Q3 25 | -2.3% | 28.8% | ||
| Q2 25 | 10.1% | 0.1% | ||
| Q1 25 | 6.7% | -14.5% | ||
| Q4 24 | -18.7% | 11.2% | ||
| Q3 24 | -11.8% | -15.9% | ||
| Q2 24 | 3.3% | 3.4% | ||
| Q1 24 | -3.8% | -13.3% |
| Q4 25 | 2.3% | 2.4% | ||
| Q3 25 | 1.2% | 3.9% | ||
| Q2 25 | 0.9% | 12.9% | ||
| Q1 25 | 2.2% | 27.0% | ||
| Q4 24 | 2.4% | 18.3% | ||
| Q3 24 | 1.9% | 33.5% | ||
| Q2 24 | 3.2% | 31.8% | ||
| Q1 24 | 2.6% | 27.3% |
| Q4 25 | — | 0.65× | ||
| Q3 25 | — | 4.35× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.12× | ||
| 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
| Global Seating | $70.7M | 46% |
| Global Electrical Systems | $49.7M | 32% |
| Trim Systems And Components | $34.4M | 22% |
VCEL
| MACI Implants And Kits | $84.1M | 90% |
| Other | $8.8M | 10% |
