Core Molding Technologies experienced double-digit sales declines in Q3 2025 primarily due to the Volvo Transition and lower truck demand. Despite this, the company maintained solid gross margins within its target range, strong earnings, and EBITDA, supported by operational excellence and cost control. Strategic investments in organic growth and new business wins position the company for future acceleration.

Core Molding Technologies delivered solid profitability and healthy operating and free cash flow in Q2 2025, despite sales declines primarily due to a truck program phase-out and persistent consumer demand weakness in the truck and powersports segments. The company maintained gross margins within its projected range and made significant progress on its 'Invest For Growth' strategy, securing $47 million in new incremental business.

Core Molding Technologies saw a 15.3% year-over-year decline in revenue, reaching $62.5 million in Q4 2024, primarily due to lower demand in the medium and heavy-duty truck and powersports segments. The company posted a net loss of $39 thousand, compared to a net income of $2.2 million in Q4 2023. Gross margin slightly improved to 15.8%, and adjusted EBITDA reached $5.7 million, representing 9.2% of net sales.

Core Molding Technologies reported a decrease in net sales by 15.8% compared to the prior year third quarter, with a gross margin of 16.9%. The company completed a labor reduction expected to yield $2.6 million in annual cost savings and repurchased 111,884 shares under its share repurchase authorization.

Core Molding Technologies reported a decrease in net sales by 9.2% and operating income decreased compared to the prior year second quarter. However, the company sustained a strong gross margin of 20%.

Core Molding Technologies reported a 21.5% decrease in net sales compared to the prior year first quarter, but a 5.9% increase sequentially from Q4 2023. Net income decreased by 35.8% compared to the prior year, but increased 72.3% sequentially. The company highlighted improved operational efficiency and diversification across multiple industries.

Core Molding Technologies reported a decrease in net sales for Q4 2023, primarily due to lower demand in the building products and industrial & utilities markets. Despite this, the company achieved improved operational performance and profitability goals, with gross margins remaining relatively stable and Adjusted EBITDA increasing.

Core Molding Technologies reported net sales of $86.7 million and net income of $4.4 million, or $0.49 per diluted share, for the third quarter of 2023. The results reflect solid gross margins and operational improvements, with a focus on revenue expansion and profitability.

Core Molding Technologies reported a record-breaking second quarter with strong earnings per share growth of 250%. The company's strategic plan execution, focusing on operational improvements and revenue growth, contributed to the positive financial results. The gross margin reached its highest level in over ten years, reflecting improved pricing and operational efficiencies, and the balance sheet continued to strengthen with increased cash balance and free cash flow generation.

Core Molding Technologies reported a strong first quarter with net sales of $99.5 million, a 9.8% increase year-over-year. Earnings per share rose 43% to $0.66, and the adjusted EBITDA margin reached 12.3%. The company's strategic focus on revenue growth, technical solutions, profitability improvements, and free cash flow generation drove the positive results.

Core Molding Technologies reported record full-year sales, net income, and adjusted EBITDA. Q4 net sales increased by 18.1% to $86.4 million, with operating income rising to $3.0 million. Net income for the quarter was $4.8 million, or $0.57 per diluted share.

Core Molding Technologies reported a 25% increase in net sales to a record $101.6 million for the third quarter of 2022. The company also saw improvements in gross margin, operating income, and net income compared to the prior year. Strong customer demand, margin-enhancing initiatives, and successful efforts to recover raw material cost increases contributed to the positive results.

Core Molding Technologies reported record quarterly sales of $98.7 million, a 23% increase year-over-year. However, gross margins were impacted by product mix shifts, production inefficiencies, and inflation, leading to a decrease in operating income and net income compared to the prior year.

Core Molding Technologies reported a strong first quarter in fiscal year 2022, with net sales up 24% to $90.6 million and an adjusted EBITDA margin of 10.5%. The company saw increased customer demand and new business wins, leading to higher capital expenditures for capacity expansion.

Core Molding Technologies reported a strong Q4 2021 with a 21% increase in net sales to $73.2 million. The company returned to profitability after addressing raw material inflation through pricing adjustments. Full-year sales reached a record $307 million, up 38% from the previous year.

Core Molding Technologies reported a net loss of $3.3 million for Q3 2021, impacted by restructuring costs and raw material inflation. However, the company signed over $40 million in new business and substantially completed the transition of business from its Batavia, Ohio facility.

Core Molding Technologies reported a strong second quarter in 2021, with net sales increasing by 112.8% to $80.5 million and net income of $4.1 million, or $0.48 per share. The company managed supply chain challenges and increased raw material costs effectively, leading to the highest operating profitability since Q1 2016.

Core Molding Technologies reported a strong first quarter in 2021 with net sales of $72.8 million and net income of $3.5 million, or $0.41 per share. The company saw increased demand from heavy-duty truck, building product, and consumer product markets, as well as new business in the power sports market. Operating income improved to 7.3% of net sales, compared to 6.7% in the same period of 2020.

Core Molding Technologies reported a net loss of $0.9 million for Q4 2020, which includes a one-time charge of $1.3 million from debt refinancing. Excluding this charge, the company would have recorded a net income of $0.4 million. Net sales increased by 8% to $60.7 million compared to the same period in 2019, driven by increased demand in the construction and all-terrain vehicles markets.

Core Molding Technologies reported a decrease in net sales and a net loss for the second quarter of 2020, primarily due to the impact of COVID-19 on customer operations. Despite these challenges, the company saw a rebound in revenues in June and strong cash flows from operations due to operational improvements.

Core Molding Technologies reported a net income of $8.0 million for the first quarter of 2020, a significant improvement from the net loss of $3.8 million in the first quarter of 2019. Despite an 11.4% decrease in net sales, the company achieved this turnaround through improved operational performance and reduced expenses.

Core Molding Technologies reported a decrease in net sales for Q4 2019 compared to the same period in 2018, primarily due to lower demand from North American heavy-duty truck customers. The company recorded a net loss for the quarter, impacted by decreased revenues, but cost reductions and a renegotiated supply agreement with Volvo are expected to improve results in the first quarter of 2020.