CVD Equipment Corporation Reports Third Quarter Revenue of $7.4 Million

Reuters
2025/11/11
CVD Equipment Corporation Reports Third Quarter Revenue of $7.4 Million

CVD Equipment Corporation reported third quarter 2025 revenue of $7.4 million, a decrease of 9.6% from the prior-year quarter. Year-to-date revenue was $20.8 million, up 7.1% compared to the same period last year. Orders for the quarter totaled $2.2 million, primarily from demand in the SDC segment for gas delivery equipment. Net income for the third quarter was $384,000, or $0.06 per basic and diluted share, compared to $203,000, or $0.03 per basic and diluted share, in the third quarter of 2024. Gross margin improved to 32.7% from 21.5% in the prior-year quarter. Backlog was $8.0 million as of September 30, 2025, down from $13.2 million as of June 30, 2025. Cash and cash equivalents were $8.4 million at the end of the quarter, compared to $12.6 million as of December 31, 2024. The company announced a transformation strategy, including transitioning to outsourced fabrication for certain components and a workforce reduction in the CVD Equipment division, expected to lower annual operating costs by about $2.0 million in fiscal 2026. The SDC division will not be affected by these changes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CVD Equipment Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251110067307) on November 10, 2025, and is solely responsible for the information contained therein.

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