Core Molding Technologies (CMT) Q3 FY2026 earnings: revenue $90 million, up 54.4% on the year

Core Molding Technologies Inc. (CMT) reported revenue of $90 million for Q3 FY2026, the quarter ended 30 September 2026, up 54.4% on the same quarter a year earlier. Net income was $2 million, down 19.4% on the year, and diluted earnings per share $0.17. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.

Revenue

$90 million

+54.4% on the year · +43.9% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

1.8%

4.4% a year earlier

Q4 FY2024Q3 FY2026

Net income

$2 million

-19.4% on the year · -15.1% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$0.17

-22.7% on the year · -19.0% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 1 lowered, 2 narrowed, 1 new, 1 kept.

Revenue rose on tooling and production: Total net revenues were $90.2 million, against $58.4 million a year earlier. Production revenue was $64.8 million and tooling project revenue was $25.4 million.
Operating income fell on one-time costs: Operating income was $1.6 million, or 1.8% of net revenues, including non-recurring costs. The prior year third quarter was $2.6 million, or 4.4%.
Truck revenue drove production growth: Medium and heavy-duty truck production revenue was $28.2 million, against $19.5 million. Management attributed the 19.7% production increase mainly to truck demand and new program launches.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	90.2	62.7	58.4	+43.9%	+54.4%
Cost of revenue	76.9	50.0	48.3	+53.7%	+59.2%
Gross profit	13.4	12.7	10.1	+5.1%	+31.9%
Gross margin	14.8%	20.3%	17.4%
Selling, general and administrative	11.8	10.4	7.6	+13.0%	+55.7%
Operating income	1.6	2.3	2.6	-30.7%	-38.2%
Operating margin	1.8%	3.7%	4.4%
Interest expense	0.0	0.1	0.0	-35.0%	+14.7%
Pre-tax income	1.7	2.4	2.7	-29.1%	-37.2%
Income tax	0.2	0.6	0.8	-72.8%	-80.1%
Effective tax rate	9.3%	24.2%	29.3%
Net income	1.5	1.8	1.9	-15.1%	-19.4%
Net margin	1.7%	2.8%	3.2%
Diluted EPS	$0.17	$0.21	$0.22	-19.0%	-22.7%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	-3.7	16.3	4.6
Capital expenditure	7.6	8.3	4.9	-8.2%	+54.9%
Free cash flow	-11.3	8.0	-0.3
Free cash flow margin	-12.5%	12.8%	-0.6%
Cash from investing	-7.6	-8.3	-4.9
Cash from financing	4.6	-19.4	-0.5
Depreciation and amortisation	2.5	3.1	3.1	-18.1%	-18.8%
Share-based compensation	0.5	0.5	0.5	+5.2%	+1.2%
Buybacks	0.0	0.2	0.0
Diluted shares, weighted	9m	9m	9m	+0.2%	+0.4%
Shares outstanding at period end	9m	9m	9m	-0.1%	-0.1%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	161	161	155	+0.0%	+3.7%
Debt	4.8	0.0	20.2		-76.1%
Operating lease liabilities	12.5	13.0	2.7	-3.9%	+362.0%
Other liabilities	52.5	53.3	41.4	-1.6%	+26.8%
Total liabilities and equity	231	227	220	+1.6%	+5.1%
Fixed assets	97.1	93.5	81.2	+3.8%	+19.6%
Goodwill	17.4	17.4	17.4	0.0%	0.0%
Intangible assets	2.8	3.0	3.7	-7.5%	-24.7%
Cash and equivalents	5.4	12.1	42.4	-55.2%	-87.2%
Receivables	40.6	35.3	34.9	+15.2%	+16.5%
Inventory	26.7	27.3	19.8	-2.4%	+34.8%
Other assets	40.9	38.7	20.3	+5.6%	+101.4%
Total assets	231	227	220	+1.6%	+5.1%

Questions

What was Core Molding Technologies' revenue in Q3 FY2026?

Core Molding Technologies (CMT) reported revenue of $90 million for Q3 FY2026, the quarter ended 30 September 2026, up 54.4% on the same quarter a year earlier.

How much did Core Molding Technologies earn in Q3 FY2026?

Net income for Q3 FY2026 was $2 million, down 19.4% on the year, and diluted earnings per share $0.17.

When did Core Molding Technologies report Q3 FY2026 results?

Core Molding Technologies filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	73.2	90.6	98.7	102	86.4	99.5	97.7	86.7	73.8	78.1	88.7	73.0	62.5	61.4	79.2	58.4	74.7	58.6	62.7	90.2
Cost of revenue	64.7	76.1	85.7	88.3	74.9	81.8	77.2	71.5	62.8	64.8	71.0	60.6	52.6	49.7	64.9	48.3	63.3	46.6	50.0	76.9
Gross profit	8.5	14.5	13.0	13.3	11.5	17.7	20.6	15.3	10.9	13.3	17.7	12.3	9.9	11.8	14.3	10.1	11.3	12.0	12.7	13.4
Gross margin	12%	16%	13%	13%	13%	18%	21%	18%	15%	17%	20%	17%	16%	19%	18%	17%	15%	20%	20%	15%
SG&A	6.5	8.5	8.7	8.7	8.6	9.7	10.5	9.4	8.4	8.6	10.2	8.7	9.0	8.9	9.1	7.6	7.7	11.2	10.4	11.8
Operating income	1.9	6.0	4.4	4.6	3.0	8.1	10.1	5.9	2.5	4.7	7.5	3.6	0.9	2.8	5.2	2.6	3.6	0.8	2.3	1.6
Operating margin	3%	7%	4%	5%	3%	8%	10%	7%	3%	6%	8%	5%	1%	5%	7%	4%	5%	1%	4%	2%
Interest expense	0.6	0.5	0.5	0.5	0.4	0.4	0.3	0.2	0.2	0.1	-0.0	-0.1	-0.1	0.0	-0.0	0.0	-0.0	0.1	0.1	0.0
Pre-tax income	1.4	5.5	4.0	2.6	2.6	7.8	9.8	5.7	2.4	4.8	7.7	3.9	1.1	2.9	5.4	2.7	3.7	0.8	2.4	1.7
Tax rate	68%	30%	45%	49%	-89%	25%	19%	24%	9%	21%	16%	19%	103%	26%	24%	29%	17%	24%	24%	9%
Net income	0.4	3.9	2.2	1.3	4.8	5.9	7.9	4.4	2.2	3.8	6.4	3.2	-0.0	2.2	4.1	1.9	3.1	0.6	1.8	1.5
Net margin	1%	4%	2%	1%	6%	6%	8%	5%	3%	5%	7%	4%	-0%	4%	5%	3%	4%	1%	3%	2%
Diluted EPS	$0.05	$0.46	$0.26	$0.16	$0.57	$0.66	$0.91	$0.49	$0.25	$0.43	$0.73	$0.36	$0.00	$0.25	$0.47	$0.22	$0.36	$0.07	$0.21	$0.17
Operating cash flow	7.5	-1.7	4.6	5.5	10.5	4.6	14.3	7.2	8.7	5.1	15.9	9.2	5.0	6.1	3.5	4.6	5.0	-9.2	16.3	-3.7
Capital expenditure	3.3	2.5	6.1	3.7	4.3	2.1	2.4	2.3	2.3	1.9	2.9	2.2	4.5	1.8	2.6	4.9	8.0	3.8	8.3	7.6
Free cash flow	4.2	-4.1	-1.5	1.9	6.2	2.5	11.9	5.0	6.4	3.2	13.0	7.0	0.5	4.3	0.9	-0.3	-2.9	-13.0	8.0	-11.3
Buybacks	0.0	0.0	0.5	0.0	0.0	0.0	1.9	0.8	0.0	0.3	1.1	0.0	1.5	0.9	-0.3	0.0	2.6	0.5	0.2	0.0
Shares outstanding	8m	8m	8m	8m	8m	8m	9m	9m	9m	9m	9m	9m	9m	9m	9m	9m	9m	9m	9m	9m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.