CVD Equipment Corporation (CVV) Income Statement
CVV 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCVV revenue and net income
Where CVV's revenue goes
2025Each bar shows an amount and its share of revenue. CVV kept −6.1% of revenue as net income.
CVV profit margins
CVV growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −4.1% | −0.0% | +8.8% | −4.0% |
| Gross profit | +15.1% | +3.2% | +20.4% | −7.1% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CVV quarterly EPS vs estimates
CVD Equipment beat the analyst EPS estimate in 1 of the last 2 quarters. Next report: November 9, 2026.
CVV income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.8M | $26.9M | $24.1M | $25.8M | $16.4M | $16.9M | $19.6M | $24.3M | $41.1M | $21.0M |
| Cost of revenue | $18.5M | $20.5M | $19.0M | $19.2M | $13.9M | $14.0M | $16.9M | $19.2M | $23.5M | $13.9M |
| Gross profit | $7.3M | $6.3M | $5.1M | $6.6M | $2.5M | $2.9M | $2.8M | $5.2M | $17.6M | $7.1M |
| Research & development | $2.8M | $2.6M | $2.6M | $1.9M | $481,186 | $372,648 | $597,456 | $606,618 | $437,157 | $433,844 |
| Sales, general & admin | $6.2M | $5.2M | $7.1M | $6.5M | $6.9M | $6.7M | $7.2M | $9.8M | $9.9M | $8.0M |
| Total operating expenses | $9.0M | $8.7M | $10.0M | $8.4M | $7.3M | $10.7M | $7.8M | $10.4M | $10.4M | $8.5M |
| Operating income | −$1.7M | −$2.4M | −$4.9M | −$1.8M | −$4.8M | −$7.8M | −$5.0M | −$5.3M | $7.2M | −$724,564 |
| Interest income | $341,000 | $559,000 | $488,000 | $162,000 | $5,994 | $62,667 | $142,579 | $159,953 | $80,518 | $28,233 |
| Interest expense | $13,000 | $19,000 | $23,000 | $8,000 | $261,377 | $444,337 | $482,844 | $463,017 | $106,280 | $79,861 |
| Income before taxes | −$1.6M | −$1.9M | −$4.2M | −$220,000 | $4.8M | −$7.6M | −$4.9M | −$5.3M | $7.2M | −$653,186 |
| Income taxes | $3,000 | $24,000 | −$14,000 | $4,000 | $28,377 | −$1.5M | $1.4M | −$356,562 | $1.9M | −$504,061 |
| Net income | −$1.6M | −$1.9M | −$4.2M | −$224,000 | $4.7M | −$6.1M | −$6.3M | −$5.2M | $5.3M | −$149,124 |
| EBITDA | −$886,000 | −$1.2M | −$3.4M | −$956,000 | −$4.1M | −$6.4M | −$3.4M | −$4.1M | $8.2M | $240,336 |
| EPS (diluted) | −$0.23 | −$0.28 | −$0.61 | −$0.03 | $0.70 | −$0.91 | −$0.92 | −$0.84 | $0.93 | −$0.03 |
| Gross margin | 28.3% | 23.6% | 21.0% | 25.7% | 15.4% | 17.0% | 14.2% | 21.3% | 42.8% | 33.9% |
| Operating margin | −6.8% | −9.0% | −20.2% | −7.1% | −29.2% | −46.2% | −25.4% | −21.6% | 17.6% | −3.5% |
| Net margin | −6.1% | −7.1% | −17.3% | −0.9% | 28.9% | −35.9% | −32.2% | −21.4% | 12.8% | −0.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.0M | $1.8M | $5.0M | $7.4M | $5.1M | $8.3M | $7.4M | $8.2M | $6.3M | $4.9M | $4.1M | $6.2M |
| Cost of revenue | $1.6M | $1.7M | $3.9M | $5.0M | $4.0M | $5.6M | $5.4M | $6.4M | $4.7M | $4.1M | $4.5M | $4.6M |
| Gross profit | $329,000 | $147,000 | $1.1M | $2.4M | $1.1M | $2.7M | $2.0M | $1.8M | $1.6M | $859,000 | −$348,000 | $1.6M |
| Research & development | $685,000 | $727,000 | $725,000 | $594,000 | $686,000 | $781,000 | $572,000 | $644,000 | $665,000 | $746,000 | $731,000 | $704,000 |
| Sales, general & admin | $1.2M | $1.3M | $1.6M | $1.5M | $1.5M | $1.6M | $1.1M | $1.3M | $1.8M | $1.7M | $1.4M | $1.9M |
| Total operating expenses | $1.9M | $2.0M | $2.3M | $2.1M | $2.2M | $2.4M | $2.0M | $1.8M | $2.5M | $2.5M | $2.1M | $2.6M |
| Operating income | −$1.6M | −$1.8M | −$1.2M | $308,000 | −$1.1M | $269,000 | $35,000 | $77,000 | −$898,000 | −$1.6M | −$2.5M | −$990,000 |
| Interest income | $190,000 | $71,000 | $69,000 | $79,000 | $82,000 | $110,000 | $121,000 | $136,000 | $145,000 | $157,000 | $177,000 | $173,000 |
| Interest expense | $0 | $1,000 | $3,000 | $3,000 | $3,000 | $3,000 | $5,000 | $5,000 | $4,000 | $6,000 | $5,000 | $6,000 |
| Income before taxes | −$1.4M | −$1.7M | −$1.3M | $384,000 | −$1.1M | $376,000 | $151,000 | $208,000 | −$761,000 | −$1.5M | −$2.3M | −$753,000 |
| Income taxes | −$13.9M | −$63,000 | −$13,000 | — | — | $16,000 | $19,000 | $5,000 | — | $109,724 | −$25,000 | $76,000 |
| Net income | $12.6M | −$1.7M | −$1.3M | $384,000 | −$1.1M | $360,000 | $132,000 | $203,000 | −$761,000 | −$1.5M | −$2.3M | −$753,000 |
| EBITDA | −$1.2M | −$1.6M | −$1.1M | $550,000 | −$889,000 | $564,000 | $364,000 | $382,000 | −$603,000 | −$1.3M | −$2.0M | −$594,000 |
| EPS (diluted) | −$0.20 | −$0.24 | −$0.18 | $0.06 | −$0.15 | $0.05 | $0.02 | $0.03 | −$0.11 | −$0.22 | −$0.33 | −$0.11 |
| Gross margin | 16.8% | 8.0% | 22.2% | 32.7% | 21.0% | 32.4% | 27.3% | 22.4% | 25.4% | 17.5% | −8.5% | 25.6% |
| Operating margin | −79.8% | −99.9% | −23.9% | 4.2% | −22.3% | 3.2% | 0.5% | 0.9% | −14.2% | −33.0% | −60.1% | −15.9% |
| Net margin | 643.4% | −90.2% | −25.6% | 5.2% | −20.8% | 4.3% | 1.8% | 2.5% | −12.0% | −29.9% | −55.3% | −12.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CVV's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CVV financial results
In fiscal year 2025 (ended December 31, 2025), CVD Equipment reported revenue of $25.8 million, down 4.1% from the year before. It had a net loss of $1.6 million, a net profit margin of −6.1%. Diluted earnings per share came to −$0.23. Over five years revenue grew at an average rate of 8.8% a year.
See the CVV stock overview for the latest quote and news, or the CVV chart for price history and technical indicators.
CVV income statement FAQ
What is CVD Equipment's annual revenue?
CVD Equipment reported total revenue of $25.8 million for fiscal year 2025, which ended on December 31, 2025. That was down 4.1% from $26.9 million the previous year.
Is CVD Equipment profitable?
No. CVD Equipment reported a net loss of $1.6 million in fiscal 2025, a net profit margin of −6.1%; its operating margin was −6.8%.
What is CVD Equipment's gross margin?
CVD Equipment's gross margin was 28.3% in fiscal 2025: for every $100 of revenue, CVD Equipment kept $28 after the direct cost of its products and services.
How much does CVD Equipment spend on research and development?
CVD Equipment spent $2.8 million on research and development in fiscal 2025, 10.8% of revenue.
How fast is CVD Equipment growing?
Revenue grew 8.8% a year on average over the last five fiscal years, from $16.9 million to $25.8 million.
What are CVD Equipment's earnings per share?
CVD Equipment earned $-0.23 per diluted share in fiscal 2025, compared with $-0.28 a year earlier.
When will CVD Equipment report its next earnings?
CVD Equipment is expected to report results for the quarter ending September 30, 2026 on November 9, 2026.
When does CVD Equipment's fiscal year end?
CVD Equipment's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 30, 2026.