CVD Equipment (NASDAQ:CVV) Releases Quarterly Earnings Results

CVD Equipment (NASDAQ:CVV) released its quarterly earnings results on Monday. The industrial products company reported ($0.18) earnings per share (EPS) for the quarter, reports. CVD Equipment had a negative return on equity of 5.54% and a negative net margin of 6.18%.The firm had revenue of $4.95 million during the quarter.

Here are the key takeaways from CVD Equipment’s conference call:

• The company entered a definitive agreement to sell its SDC business to Atlas Copco for approximately $16.9 million in cash (expected close Q2 2026), which management says will sharpen focus on core CVD Equipment operations and strengthen the balance sheet.
• Management has launched a transformation plan that includes transitioning to outsourced fabrication and completed a workforce reduction in the CVD division, expected to cut annual operating costs by about $1.8 million in 2026.
• Orders and backlog weakened materially: Q4 revenue fell to $5.0 million (down 33% year-over-year and sequentially), full-year orders dropped to $13.0 million from $28.0 million, and year‑end backlog declined to $6.6 million from $19.4 million a year earlier.
• Revenue concentration is high, with two customers representing about 53% of Q4 revenue and ~41% of full‑year revenue, highlighting customer concentration risk for the CVD Equipment segment.
• Cash and liquidity outlook: year-end cash was $8.7 million, net cash used in operations was $3.7 million for 2025, and management expects current cash plus ~$14–15 million of net SDC sale proceeds to provide at least a 12‑month runway and intends to invest proceeds in U.S. Treasuries.

CVD Equipment Price Performance

Shares of CVV stock opened at $4.14 on Wednesday. CVD Equipment has a 1 year low of $2.46 and a 1 year high of $6.25. The firm has a fifty day moving average price of $4.29 and a 200-day moving average price of $3.79. The company has a market cap of $28.72 million, a price-to-earnings ratio of -18.82 and a beta of 1.01.

Analyst Upgrades and Downgrades

CVV has been the topic of a number of recent research reports. Weiss Ratings reissued a “sell (e+)” rating on shares of CVD Equipment in a report on Wednesday, January 21st. Wall Street Zen raised shares of CVD Equipment to a “hold” rating in a research report on Saturday, March 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, CVD Equipment currently has an average rating of “Sell”.

Hedge Funds Weigh In On CVD Equipment

Several institutional investors and hedge funds have recently bought and sold shares of CVV. Dimensional Fund Advisors LP grew its holdings in CVD Equipment by 5.2% during the third quarter. Dimensional Fund Advisors LP now owns 71,689 shares of the industrial products company’s stock valued at $241,000 after purchasing an additional 3,556 shares during the period. Citadel Advisors LLC raised its stake in shares of CVD Equipment by 93.6% in the third quarter. Citadel Advisors LLC now owns 41,382 shares of the industrial products company’s stock worth $139,000 after buying an additional 20,011 shares during the period. Finally, DRW Securities LLC bought a new position in shares of CVD Equipment during the 4th quarter valued at approximately $45,000. 31.59% of the stock is currently owned by hedge funds and other institutional investors.

CVD Equipment Company Profile

CVD Equipment Corporation (NASDAQ: CVV) designs, manufactures and markets custom vacuum deposition systems used to create thin-film coatings and advanced materials for semiconductor, optoelectronic and related industries. Established in 1992 and headquartered in the United States, the company leverages proprietary chemical vapor deposition (CVD), plasma-enhanced CVD, metal-organic CVD (MOCVD), atomic layer deposition (ALD) and physical vapor deposition (PVD) technologies to support both research and production applications.

The company’s product portfolio includes single- and multi-chamber reactors for the deposition of silicon, III-V compounds, metal oxides and other specialty materials, along with fluid-bed reactors for nanoparticle synthesis.