vs

Side-by-side financial comparison of Commercial Vehicle Group, Inc. (CVGI) and Zai Lab Ltd (ZLAB). 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 $127.1M, roughly 1.2× Zai Lab Ltd). On growth, Zai Lab Ltd posted the faster year-over-year revenue change (17.1% vs -5.2%). Commercial Vehicle Group, Inc. produced more free cash flow last quarter ($8.7M vs $-26.7M). Over the past eight quarters, Zai Lab Ltd's revenue compounded faster (20.8% 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 ...

Zai Lab Ltd is a global biopharmaceutical company focused on developing, manufacturing and commercializing innovative therapies for oncology, autoimmune disorders, infectious diseases and other unmet medical needs. It operates primarily in the Greater China region and partners with leading global biotech firms to expand access to life-saving treatments for underserved patient populations.

CVGI vs ZLAB — Head-to-Head

Bigger by revenue
CVGI
CVGI
1.2× larger
CVGI
$154.8M
$127.1M
ZLAB
Growing faster (revenue YoY)
ZLAB
ZLAB
+22.3% gap
ZLAB
17.1%
-5.2%
CVGI
More free cash flow
CVGI
CVGI
$35.4M more FCF
CVGI
$8.7M
$-26.7M
ZLAB
Faster 2-yr revenue CAGR
ZLAB
ZLAB
Annualised
ZLAB
20.8%
-10.8%
CVGI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CVGI
CVGI
ZLAB
ZLAB
Revenue
$154.8M
$127.1M
Net Profit
Gross Margin
9.7%
51.0%
Operating Margin
-1.2%
-54.6%
Net Margin
Revenue YoY
-5.2%
17.1%
Net Profit YoY
EPS (diluted)
$-0.05

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
ZLAB
ZLAB
Q4 25
$154.8M
$127.1M
Q3 25
$152.5M
$115.4M
Q2 25
$172.0M
$109.1M
Q1 25
$169.8M
$105.7M
Q4 24
$163.3M
$108.5M
Q3 24
$171.8M
$101.8M
Q2 24
$193.7M
$100.1M
Q1 24
$194.6M
$87.1M
Net Profit
CVGI
CVGI
ZLAB
ZLAB
Q4 25
Q3 25
$-7.1M
$-36.0M
Q2 25
$-4.8M
$-40.7M
Q1 25
$-4.3M
$-48.4M
Q4 24
Q3 24
$9.5M
$-41.7M
Q2 24
$-1.6M
$-80.3M
Q1 24
$2.9M
$-53.5M
Gross Margin
CVGI
CVGI
ZLAB
ZLAB
Q4 25
9.7%
51.0%
Q3 25
10.5%
59.5%
Q2 25
11.4%
60.6%
Q1 25
10.5%
63.6%
Q4 24
8.0%
61.5%
Q3 24
9.6%
64.1%
Q2 24
10.6%
64.9%
Q1 24
11.9%
61.4%
Operating Margin
CVGI
CVGI
ZLAB
ZLAB
Q4 25
-1.2%
-54.6%
Q3 25
-0.7%
-42.3%
Q2 25
0.5%
-50.3%
Q1 25
0.8%
-53.3%
Q4 24
-3.2%
-62.6%
Q3 24
-0.6%
-66.6%
Q2 24
0.5%
-76.0%
Q1 24
2.3%
-80.7%
Net Margin
CVGI
CVGI
ZLAB
ZLAB
Q4 25
Q3 25
-4.6%
-31.2%
Q2 25
-2.8%
-37.3%
Q1 25
-2.5%
-45.8%
Q4 24
Q3 24
5.5%
-40.9%
Q2 24
-0.8%
-80.2%
Q1 24
1.5%
-61.4%
EPS (diluted)
CVGI
CVGI
ZLAB
ZLAB
Q4 25
$-0.05
Q3 25
$-0.03
Q2 25
$-0.04
Q1 25
$-0.04
Q4 24
$-0.09
Q3 24
$-0.04
Q2 24
$-0.05
$-0.08
Q1 24
$0.09
$-0.05

Balance Sheet & Financial Strength

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

Metric
CVGI
CVGI
ZLAB
ZLAB
Cash + ST InvestmentsLiquidity on hand
$689.6M
Total DebtLower is stronger
$104.9M
Stockholders' EquityBook value
$133.4M
$715.5M
Total Assets
$391.7M
$1.2B
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVGI
CVGI
ZLAB
ZLAB
Q4 25
$689.6M
Q3 25
$717.2M
Q2 25
$732.2M
Q1 25
$757.3M
Q4 24
$779.7M
Q3 24
$616.1M
Q2 24
$630.0M
Q1 24
$650.8M
Total Debt
CVGI
CVGI
ZLAB
ZLAB
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
ZLAB
ZLAB
Q4 25
$133.4M
$715.5M
Q3 25
$136.5M
$759.9M
Q2 25
$142.6M
$791.7M
Q1 25
$136.7M
$810.8M
Q4 24
$135.6M
$840.9M
Q3 24
$179.3M
$667.7M
Q2 24
$169.6M
$704.2M
Q1 24
$175.5M
$762.2M
Total Assets
CVGI
CVGI
ZLAB
ZLAB
Q4 25
$391.7M
$1.2B
Q3 25
$400.3M
$1.2B
Q2 25
$429.8M
$1.2B
Q1 25
$419.8M
$1.2B
Q4 24
$424.6M
$1.2B
Q3 24
$495.3M
$985.3M
Q2 24
$503.2M
$987.4M
Q1 24
$509.2M
$988.4M
Debt / Equity
CVGI
CVGI
ZLAB
ZLAB
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
ZLAB
ZLAB
Operating Cash FlowLast quarter
$12.3M
$-26.0M
Free Cash FlowOCF − Capex
$8.7M
$-26.7M
FCF MarginFCF / Revenue
5.6%
-21.0%
Capex IntensityCapex / Revenue
2.3%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$34.0M
$-158.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVGI
CVGI
ZLAB
ZLAB
Q4 25
$12.3M
$-26.0M
Q3 25
$-1.7M
$-32.0M
Q2 25
$18.9M
$-31.0M
Q1 25
$15.2M
$-61.7M
Q4 24
$-26.6M
$-55.8M
Q3 24
$-17.1M
$-26.8M
Q2 24
$12.6M
$-42.2M
Q1 24
$-2.4M
$-90.1M
Free Cash Flow
CVGI
CVGI
ZLAB
ZLAB
Q4 25
$8.7M
$-26.7M
Q3 25
$-3.5M
$-35.0M
Q2 25
$17.4M
$-33.9M
Q1 25
$11.4M
$-63.2M
Q4 24
$-30.6M
$-58.4M
Q3 24
$-20.3M
$-28.2M
Q2 24
$6.4M
$-42.9M
Q1 24
$-7.4M
$-91.1M
FCF Margin
CVGI
CVGI
ZLAB
ZLAB
Q4 25
5.6%
-21.0%
Q3 25
-2.3%
-30.4%
Q2 25
10.1%
-31.1%
Q1 25
6.7%
-59.9%
Q4 24
-18.7%
-53.8%
Q3 24
-11.8%
-27.7%
Q2 24
3.3%
-42.9%
Q1 24
-3.8%
-104.5%
Capex Intensity
CVGI
CVGI
ZLAB
ZLAB
Q4 25
2.3%
0.5%
Q3 25
1.2%
2.6%
Q2 25
0.9%
2.6%
Q1 25
2.2%
1.5%
Q4 24
2.4%
2.4%
Q3 24
1.9%
1.3%
Q2 24
3.2%
0.7%
Q1 24
2.6%
1.1%
Cash Conversion
CVGI
CVGI
ZLAB
ZLAB
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%

ZLAB
ZLAB

Zejula$56.0M44%
Other$21.9M17%
Nuzyra$16.0M13%
Optune$11.9M9%
XACDURO$10.7M8%
Qinlock$9.7M8%
AUGTYRO$836.0K1%

Related Comparisons