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Core Molding Q2 net income drops to $1.78 million; revenue falls to $62.73 million
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Core Molding Q2 net income drops to $1.78 million; revenue falls to $62.73 million
  • Core Molding Technologies posted Q2 net income of USD 1.78 million, down 56% year over year; EPS fell to USD 0.21.
  • Revenue dropped to USD 62.73 million from USD 79.24 million, reflecting a sharp fall in tooling project revenue to USD 1.84 million from USD 17.61 million.
  • Gross margin widened to 20.3% from 18.1%; excluding a one-time capacity charge, margin rose to 19.4%.
  • SG&A increased to USD 10.43 million, including USD 1.3 million of Mexico expansion costs and USD 487,000 in severance.
  • Outlook calls for 2026 revenue to rise about 0% to 5% versus 2025, with the second half expected to exceed the first half.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Core Molding Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001026655-26-000053), on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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