Core Molding Technologies, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 4, 2026, reporting total net revenue of $90.237 million for the third quarter.

Key Highlights

  • Total net revenue of $90.237 million for the three months ended September 30, 2026, compared to $58.435 million in the same quarter of 2025, according to the filing.
  • Net tooling project revenue surged to $25.410 million in Q3 2026 from $4.257 million in Q3 2025, as reported in the consolidated statements of operations.
  • Net income of $1.513 million for Q3 2026, compared to $1.877 million in Q3 2025, with diluted earnings per share of $0.17 versus $0.22 in the prior-year period.
  • Selling, general and administrative expense rose to $11.793 million in Q3 2026 from $7.572 million in Q3 2025, the filing disclosed.
  • Total assets stood at $230.960 million as of September 30, 2026, up from $228.132 million at December 31, 2025, per the consolidated balance sheet.
  • Revolving debt of $4.810 million was recorded as of September 30, 2026, compared to $0 at December 31, 2025, according to the balance sheet.
  • Common shares outstanding of 8,554,888 as of September 30, 2026, with 4,544,668 shares held as treasury stock at that date.

Core Molding Technologies Reports Q3 2026 Financial Results, Led by Tooling Revenue Increase

Core Molding Technologies, Inc. (NYSE American:CMT), a Delaware-incorporated manufacturer headquartered at 800 Manor Park Drive, Columbus, Ohio, reported a significant increase in total net revenue for the third quarter of 2026. According to the filing, net production revenue was $64.827 million and net tooling project revenue was $25.410 million for the three months ended September 30, 2026, bringing total net revenue to $90.237 million. This compares to total net revenue of $58.435 million in the same period of 2025, which included $4.257 million in tooling project revenue.

The company disclosed gross margin of $13.383 million for Q3 2026, which the consolidated statements of operations show is sourced from total net revenue of $90.237 million less cost of revenue of $76.854 million. Operating income for the quarter was $1.590 million, compared to $2.573 million in Q3 2025, as selling, general and administrative expense increased to $11.793 million from $7.572 million year-over-year. For the nine months ended September 30, 2026, the company reported total net revenue of $211.549 million and net income of $3.901 million, against $199.121 million and $8.112 million respectively in the prior-year nine-month period.

The consolidated balance sheet as of September 30, 2026 showed cash and cash equivalents of $5.437 million, down from $38.058 million at December 31, 2025. Total stockholders' equity was $161.147 million as of September 30, 2026, compared to $158.171 million at year-end 2025. The company also reported a comprehensive loss of $0.266 million for Q3 2026, driven in part by an unrealized foreign currency hedge loss of $2.105 million before tax, according to the filing's consolidated statements of comprehensive income.

What Was Disclosed

Core Molding Technologies filed its quarterly report for the period ended September 30, 2026, disclosing revenue, earnings, balance sheet, and equity data. The filing covers both the three-month and nine-month periods, and was submitted as an Accelerated Filer and Smaller Reporting Company under Commission File Number 001-12505.