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Side-by-side financial comparison of CPI AEROSTRUCTURES INC (CVU) and IT TECH PACKAGING, INC. (ITP). Click either name above to swap in a different company.

IT TECH PACKAGING, INC. is the larger business by last-quarter revenue ($25.6M vs $19.4M, roughly 1.3× CPI AEROSTRUCTURES INC). CPI AEROSTRUCTURES INC runs the higher net margin — 3.6% vs -5.7%, a 9.2% gap on every dollar of revenue. On growth, IT TECH PACKAGING, INC. posted the faster year-over-year revenue change (2.1% vs -10.8%). IT TECH PACKAGING, INC. produced more free cash flow last quarter ($1.5M vs $-2.1M). Over the past eight quarters, IT TECH PACKAGING, INC.'s revenue compounded faster (10.5% CAGR vs 0.9%).

CPI Aerostructures Inc., known as CPI Aero, is a contract aircraft component manufacturer based in Edgewood, New York.

IT TECH PACKAGING, INC. is a paper manufacturing enterprise primarily operating in China. It produces and distributes a diverse portfolio of paper products including corrugated packaging paper, boxboard, and printing-use cultural paper, serving sectors such as consumer goods packaging, logistics, and commercial printing across its core market.

CVU vs ITP — Head-to-Head

Bigger by revenue
ITP
ITP
1.3× larger
ITP
$25.6M
$19.4M
CVU
Growing faster (revenue YoY)
ITP
ITP
+12.9% gap
ITP
2.1%
-10.8%
CVU
Higher net margin
CVU
CVU
9.2% more per $
CVU
3.6%
-5.7%
ITP
More free cash flow
ITP
ITP
$3.6M more FCF
ITP
$1.5M
$-2.1M
CVU
Faster 2-yr revenue CAGR
ITP
ITP
Annualised
ITP
10.5%
0.9%
CVU

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CVU
CVU
ITP
ITP
Revenue
$19.4M
$25.6M
Net Profit
$691.8K
$-1.4M
Gross Margin
20.3%
7.9%
Operating Margin
6.4%
-3.9%
Net Margin
3.6%
-5.7%
Revenue YoY
-10.8%
2.1%
Net Profit YoY
-28.8%
26.6%
EPS (diluted)
$0.04
$-0.11

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
CVU
CVU
ITP
ITP
Q4 25
$19.4M
Q3 25
$19.3M
$25.6M
Q2 25
$15.2M
$24.8M
Q1 25
$15.4M
$10.9M
Q4 24
$21.8M
$17.6M
Q3 24
$19.4M
$25.1M
Q2 24
$20.8M
$26.2M
Q1 24
$19.1M
$6.9M
Net Profit
CVU
CVU
ITP
ITP
Q4 25
$691.8K
Q3 25
$1.1M
$-1.4M
Q2 25
$-1.3M
$-2.0M
Q1 25
$-1.3M
$-3.5M
Q4 24
$971.5K
$-4.0M
Q3 24
$749.7K
$-2.0M
Q2 24
$1.4M
$-77.7K
Q1 24
$168.2K
$-3.7M
Gross Margin
CVU
CVU
ITP
ITP
Q4 25
20.3%
Q3 25
22.3%
7.9%
Q2 25
4.4%
5.1%
Q1 25
10.7%
0.8%
Q4 24
20.0%
6.3%
Q3 24
21.7%
7.6%
Q2 24
24.6%
12.4%
Q1 24
18.6%
5.8%
Operating Margin
CVU
CVU
ITP
ITP
Q4 25
6.4%
Q3 25
9.1%
-3.9%
Q2 25
-13.1%
-7.1%
Q1 25
-7.7%
-31.0%
Q4 24
9.5%
-21.5%
Q3 24
7.6%
-5.8%
Q2 24
11.2%
2.1%
Q1 24
4.4%
-51.0%
Net Margin
CVU
CVU
ITP
ITP
Q4 25
3.6%
Q3 25
5.8%
-5.7%
Q2 25
-8.7%
-7.9%
Q1 25
-8.6%
-32.2%
Q4 24
4.5%
-22.9%
Q3 24
3.9%
-7.9%
Q2 24
6.8%
-0.3%
Q1 24
0.9%
-54.6%
EPS (diluted)
CVU
CVU
ITP
ITP
Q4 25
$0.04
Q3 25
$0.09
$-0.11
Q2 25
$-0.10
$-0.16
Q1 25
$-0.10
$-0.35
Q4 24
$0.08
$-0.40
Q3 24
$0.06
$-0.20
Q2 24
$0.11
$-0.01
Q1 24
$0.01
$-0.37

Balance Sheet & Financial Strength

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

Metric
CVU
CVU
ITP
ITP
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$0
$4.7M
Stockholders' EquityBook value
$25.8M
$152.0M
Total Assets
$75.2M
$175.7M
Debt / EquityLower = less leverage
0.00×
0.03×

8-quarter trend — quarters aligned by calendar period.

Total Debt
CVU
CVU
ITP
ITP
Q4 25
$0
Q3 25
$4.7M
Q2 25
$4.7M
Q1 25
$4.7M
Q4 24
$26.5K
$4.7M
Q3 24
$8.9M
Q2 24
$11.3M
Q1 24
$11.4M
Stockholders' Equity
CVU
CVU
ITP
ITP
Q4 25
$25.8M
Q3 25
$25.0M
$152.0M
Q2 25
$23.8M
$152.3M
Q1 25
$24.9M
$152.8M
Q4 24
$25.9M
$156.1M
Q3 24
$24.9M
$164.3M
Q2 24
$24.1M
$163.5M
Q1 24
$22.5M
$164.3M
Total Assets
CVU
CVU
ITP
ITP
Q4 25
$75.2M
Q3 25
$74.1M
$175.7M
Q2 25
$72.3M
$175.2M
Q1 25
$65.4M
$175.2M
Q4 24
$68.0M
$177.5M
Q3 24
$68.9M
$190.0M
Q2 24
$70.2M
$191.4M
Q1 24
$70.8M
$177.5M
Debt / Equity
CVU
CVU
ITP
ITP
Q4 25
0.00×
Q3 25
0.03×
Q2 25
0.03×
Q1 25
0.03×
Q4 24
0.00×
0.03×
Q3 24
0.05×
Q2 24
0.07×
Q1 24
0.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CVU
CVU
ITP
ITP
Operating Cash FlowLast quarter
$-2.1M
$1.5M
Free Cash FlowOCF − Capex
$-2.1M
$1.5M
FCF MarginFCF / Revenue
-10.8%
5.9%
Capex IntensityCapex / Revenue
0.0%
0.0%
Cash ConversionOCF / Net Profit
-3.03×
TTM Free Cash FlowTrailing 4 quarters
$-5.3M
$3.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVU
CVU
ITP
ITP
Q4 25
$-2.1M
Q3 25
$212.1K
$1.5M
Q2 25
$-596.3K
$1.4M
Q1 25
$-2.7M
$-2.5M
Q4 24
$4.4M
$3.5M
Q3 24
$715.1K
$1.5M
Q2 24
$-591.7K
$721.9K
Q1 24
$-960.5K
$624.4K
Free Cash Flow
CVU
CVU
ITP
ITP
Q4 25
$-2.1M
Q3 25
$211.1K
$1.5M
Q2 25
$-599.8K
$1.3M
Q1 25
$-2.8M
$-2.5M
Q4 24
$4.3M
$3.5M
Q3 24
$586.9K
$1.2M
Q2 24
$-746.9K
$668.3K
Q1 24
$-1.0M
$615.4K
FCF Margin
CVU
CVU
ITP
ITP
Q4 25
-10.8%
Q3 25
1.1%
5.9%
Q2 25
-4.0%
5.4%
Q1 25
-18.1%
-22.8%
Q4 24
19.9%
19.6%
Q3 24
3.0%
4.9%
Q2 24
-3.6%
2.5%
Q1 24
-5.3%
9.0%
Capex Intensity
CVU
CVU
ITP
ITP
Q4 25
0.0%
Q3 25
0.0%
0.0%
Q2 25
0.0%
0.1%
Q1 25
0.4%
0.1%
Q4 24
0.3%
0.1%
Q3 24
0.7%
1.0%
Q2 24
0.7%
0.2%
Q1 24
0.2%
0.1%
Cash Conversion
CVU
CVU
ITP
ITP
Q4 25
-3.03×
Q3 25
0.19×
Q2 25
Q1 25
Q4 24
4.53×
Q3 24
0.95×
Q2 24
-0.42×
Q1 24
-5.71×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CVU
CVU

Government Subcontracts$16.4M85%
Commercial Contracts$2.3M12%
Prime Government Contracts$725.8K4%

ITP
ITP

Segment breakdown not available.

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