CVD Equipment Corp income statement
In fiscal 2025, CVD Equipment Corp reported revenue of $25.8m, down 4.1% on the year before, operating income of −$1.9m (a -7.4% margin) and net income of −$1.6m, or −$0.23 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 16 | 31 | 22 | 18 | 28 | 39 | 21 | 41 | 24 | 20 | 17 | 16 | 26 | 24 | 27 | 26 | 16 |
| Cost of revenue | 10 | 20 | 14 | 11 | 16 | 24 | 14 | 24 | 19 | 17 | 14 | 13 | 19 | 19 | 21 | 18 | 12 |
| Gross profit | 6 | 11 | 8 | 7 | 12 | 15 | 7 | 18 | 5 | 3 | 3 | 3 | 7 | 5 | 6 | 7 | 4 |
| Research and development | — | 1 | 0 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 0 | 2 | 2 | 3 | 3 | 3 | 3 |
| General and administrative | 4 | 5 | 5 | 6 | 8 | 8 | 7 | 9 | 8 | 6 | 6 | 5 | 5 | 5 | 5 | 5 | 4 |
| Operating income | 1 | 5 | 1 | −2 | −4 | 5 | −1 | 7 | −5 | −5 | −8 | −5 | −2 | −5 | −2 | −2 | −4 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | 1 | 5 | 0 | −2 | −4 | 5 | −1 | 7 | −6 | −5 | −8 | 5 | −0 | −4 | −2 | −2 | −4 |
| Income tax | 0 | 1 | −0 | −1 | −1 | 1 | −1 | 2 | −0 | 1 | −2 | 0 | 0 | −0 | 0 | 0 | — |
| Net income | 1 | 4 | 0 | −1 | −2 | 3 | −0 | 5 | −5 | −6 | −6 | 5 | −0 | −4 | −2 | −2 | 10 |
| Diluted EPS | $0.11 | $0.67 | $0.07 | −$0.09 | −$0.40 | $0.51 | −$0.02 | $0.82 | −$0.80 | −$0.96 | −$0.91 | $0.71 | −$0.03 | −$0.62 | −$0.28 | −$0.23 | $1.45 |
| Diluted shares (average) | 5m | 6m | 6m | 6m | 6m | 6m | 6m | 6m | 6m | 7m | 7m | 7m | 7m | 7m | 7m | 7m | 7m |
| EBITDA | 2 | 5 | 1 | −1 | −3 | 5 | 0 | 8 | −4 | −4 | −6 | −4 | −1 | −4 | −2 | −1 | −4 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8 | 7 | 6 | 3 | 7 | 5 | 2 | 2 |
| Cost of revenue | 6 | 5 | 5 | 3 | 5 | 4 | 2 | 2 |
| Gross profit | 2 | 2 | 2 | 0 | 2 | 1 | 0 | 0 |
| Research and development | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| General and administrative | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Operating income | 0 | 0 | −0 | −1 | 0 | −1 | −2 | −2 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | 0 | 0 | −0 | −1 | 0 | −1 | −2 | −1 |
| Income tax | 0 | 0 | 0 | 0 | 0 | −0 | — | — |
| Net income | 0 | 0 | 0 | −1 | 0 | −1 | −2 | 13 |
| Diluted EPS | $0.03 | $0.02 | $0.05 | −$0.15 | $0.06 | −$0.18 | −$0.24 | $1.81 |
| EBITDA | 0 | 0 | −0 | −1 | 0 | −1 | −2 | −1 |
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