商用汽车 2026年季度报告

COMMERCIAL VEHICLE GROUP, INC. (Exact name of Registrant as specified in its charter) Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registeredCommon Stock, par value $0.01 per shareCVGIThe NASDAQ Global Select Market Indicate by check mark whether the Registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months, and (2)has been subject to such filing requirements for the past 90 days.Yes☑NoIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).Yes☑No Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer” “smaller reporting company,”and "emerging growth company" in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☑The number of shares outstanding of the Registrant’s common stock, par value $.01 per share, at May5, 2026 was 36,257,950 shares. COMMERCIAL VEHICLE GROUP, INC. AND SUBSIDIARIESQUARTERLY REPORT ON FORM 10-Q PART I FINANCIAL INFORMATION ITEM 1 – FINANCIAL STATEMENTS1Condensed Consolidated Statements of Operations1Condensed Consolidated Statements of Comprehensive Income (Loss)2Condensed Consolidated Balance Sheets3Condensed Consolidated Statements of Cash Flows4Condensed Consolidated Statements of Stockholders’ Equity5Notes to Condensed Consolidated Financial Statements6ITEM 2 – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OFOPERATIONS23ITEM 3 – QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK28ITEM 4 – CONTROLS AND PROCEDURES28 PART II OTHER INFORMATION ITEM 1 Legal ProceedingsITEM 1A Risk FactorsITEM 2 Unregistered Sales of Equity Securities and Use of ProceedsITEM 3 Defaults Upon Senior SecuritiesITEM 4 Mine Safety DisclosuresITEM 5 Other InformationITEM 6 Exhibits SIGNATURE PART I. FINANCIAL INFORMATION COMMERCIAL VEHICLE GROUP, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS COMMERCIAL VEHICLE GROUP, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) COMMERCIAL VEHICLE GROUP, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS COMMERCIAL VEHICLE GROUP, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS COMMERCIAL VEHICLE GROUP, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY COMMERCIAL VEHICLE GROUP, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (Amounts in thousands, except for share and per share amounts and where specifically disclosed) 1. Description of Business and Basis of Presentation Commercial Vehicle Group, Inc. and its subsidiaries, is a global provider of systems, assemblies and components to global commercialvehicle markets and electric vehicle markets. References herein to the "Company", "CVG", "we", "our", or "us" refer to CommercialVehicle Group, Inc. and its subsidiaries. We have manufacturing operations in the United States, Mexico, China, United Kingdom, Czech Republic, Ukraine Morocco,,Thailand, India and Australia. Our products are primarily sold in North America, Europe, and the Asia-Pacific region. We primarily manufacture customized products to meet the requirements of our customers. We believe our products are used by amajority of the North American Commercial Truck manufacturers, many construction and agricultural vehicle original equipmentmanufacturers ("OEMs"), parts and service dealers, and distributors. The unaudited condensed consolidated interim financial statements have been prepared in accordance with generally acceptedaccounting principles ("GAAP") in the United States of America and the rules and regulations of the Securities and ExchangeCommission and include the accounts of the Company and its subsidiaries. Except as disclosed within these condensed notes tounaudited quarterly consolidated financial statements, the adjustments made were of a normal, recurring nature. Certain informationand footnote disclosures normally included in our annual consolidated financial statements have been condensed or omitted.Additionally, certain prior period amounts related to discontinued operations have been reclassified to conform to foo