CVD EQUIPMENT CORPORATION
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $25.8M | $26.9M | $24.1M | $25.8M | $16.4M | $16.9M | $19.6M |
| Cost of Revenue | — | $18.5M | $20.8M | $19.0M | $19.2M | $13.4M | $14.0M | $16.9M |
| Gross Profit | — | $7.3M | $6.1M | $5.1M | $6.6M | $3.1M | $2.9M | $2.8M |
| Gross Margin | — | 28.3% | 22.5% | 21.0% | 25.7% | 18.7% | 17.0% | 14.2% |
| Operating Expenses | ||||||||
| Research & Development | — | $2.8M | $2.6M | $2.6M | $1.9M | $1.8M | $372.6K | $597.5K |
| SG&A Expense | — | $4.8M | $4.9M | $5.5M | $5.3M | $5.1M | $6.2M | $6.3M |
| Operating Income | — | $-1.9M | $-2.4M | $-4.9M | $-1.8M | $-4.7M | $-7.8M | $-5.0M |
| Operating Margin | — | -7.4% | -9.0% | -20.2% | -7.1% | -28.4% | -46.2% | -25.4% |
| Interest Expense | — | — | — | $23.0K | $8.0K | $261.0K | $444.3K | $482.8K |
| Pretax Income | — | $-1.6M | $-1.9M | $-4.2M | $-220.0K | $4.8M | $-7.6M | $-4.9M |
| Income Tax Expense | — | $3.0K | $24.0K | $-14.0K | $4.0K | $28.0K | $-1.5M | $1.4M |
| Net Income | — | $-1.6M | $-1.9M | $-4.2M | $-224.0K | $4.7M | $-6.1M | $-6.3M |
| Net Margin | — | -6.1% | -7.1% | -17.3% | -0.9% | 28.9% | -35.9% | -32.2% |
| EPS (Basic) | — | $-0.23 | $-0.28 | $-0.62 | $-0.03 | $0.71 | $-0.91 | $-0.96 |
| EPS (Diluted) | — | $-0.23 | $-0.28 | $-0.62 | $-0.03 | $0.71 | $-0.91 | $-0.96 |
| Shares Outstanding (Basic) | 6.9M | 6.9M | 6.8M | 6.8M | 6.7M | 6.7M | 6.6M | 6.6M |
| Shares Outstanding (Diluted) | 6.9M | 6.9M | 6.8M | 6.8M | 6.7M | 6.7M | 6.6M | 6.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |