CVG posted Q2 revenue of USD 195.2 million, up 13.5% year over year; net loss widened to USD 8.7 million, or USD 0.25 per share.
Operating income rose to USD 1.6 million; gross margin expanded 140 basis points from Q2 2025 to 12.7%.
Adjusted EBITDA (non-GAAP) edged up to USD 5.4 million from Q2 2025, with margin down 0.2 percentage points to 2.8%.
Management cited growth across all three segments, with new-business ramps including the Zoox robotaxi program; North American Class 8 production improved late-quarter.
Raised 2026 outlook to revenue of USD 725-755 million, adjusted EBITDA (non-GAAP) of USD 26-31 million; free cash flow still expected positive.
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