What is CVD Equipment Corp.'s earnings per share (EPS)?

CVD Equipment Corp. (CVV) reported diluted earnings per share of -$0.23 for fiscal year 2025. This represents a 17.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

CVD Equipment Corp. (CVV) Financials

CVV

Trailing 12 months to June 30, 2026

Revenue $19.8M -21.7% YoY

Net Income $10.0M +2837.2% YoY

EPS (Diluted) $1.45 +3000.0% YoY

Free Cash Flow $462K +113.8% YoY

Market Cap $32.5M as of Sep 12, 2026

Price / Sales 1.6x on $19.8M revenue, trailing 12 months to June 30, 2026

Price / Earnings 3.2x on $10.0M net income, trailing 12 months to June 30, 2026

Price / Book 0.9x on $36.0M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 12, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CVV SEC filings page.

CVD Equipment Corp. (CVV) reported $19.8M in revenue over the twelve months to Jun 30, 2026, down 21.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CVV FY2025 2026-08-29

Gross-margin expansion is not yet translating into operating profitability as cash consumption intensifies and the balance sheet becomes more liquid.

Across the reported periods, gross margin widened to 28.3% while operating margin remained negative at -7.4%, showing better production economics without enough overhead absorption. FY2025 operating cash flow of -$3.7M nearly matched net loss of -$1.6M, so the loss was largely reflected in cash rather than dominated by non-cash charges.

Assets contracted to $27.5M in FY2025, and liabilities fell to $2.8M; this balance-sheet shrinkage leaves the company with a 6.1x current ratio. The reported 28.5-month liquidity comparison indicates substantial short-term resources relative to the latest annual outflow.

FY2025 gross profit was $7.3M against $7.6M of SG&A plus R&D, so gross profit did not cover those two expense pools. R&D reached $2.8M while revenue was $25.8M, keeping development spending a meaningful claim on the sales base.

Financial Health Signals

Financial Health Score 48/100

Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of CVD Equipment Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway

CVD Equipment Corp. held $8.7M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $3.7M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and CVD Equipment Corp. scores 53/100 among other emerging companies.

Dilution

CVD Equipment Corp. had 7M shares outstanding at the end of fiscal year 2025, against 7M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and CVD Equipment Corp. scores 70/100 among other emerging companies.

R&D Intensity

CVD Equipment Corp. spent $2.8M on research and development in fiscal year 2025, which was 10.1% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and CVD Equipment Corp. scores 36/100 among other emerging companies.

Revenue Progress

CVD Equipment Corp. reported revenue of $25.8M in fiscal year 2025, against $26.9M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and CVD Equipment Corp. scores 47/100 among other emerging companies.

Burn Trend

CVD Equipment Corp.'s operations used $3.7M of cash in fiscal year 2025, against $1.5M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and CVD Equipment Corp. scores 1/100 among other emerging companies.

Balance Sheet

CVD Equipment Corp.'s cash, cash equivalents and investments came to $8.7M at the end of fiscal year 2025, against $2.8M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and CVD Equipment Corp. scores 83/100 among other emerging companies.

Altman Z-Score Safe

8.03

CVD Equipment Corp. scores 8.03, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($32.5M) relative to total liabilities ($2.8M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

4/8

CVD Equipment Corp. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality No Cash Backing

N/A

CVD Equipment Corp. reported a net loss of $1.6M while operations used $3.7M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

CVD Equipment Corp. reported an operating loss of $1.9M against $13K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$2.0M

YoY-42.6%

QoQ+5.9%

5Y CAGR-13.5%

10Y CAGR-6.3%

CVD Equipment Corp. generated $2.0M in revenue in Q2 2026. This represents a decrease of 42.6% from the same quarter a year earlier. Against the prior quarter it is up 5.9%.

EBITDA

-$1.4M

YoY-17.6%

QoQ+15.5%

CVD Equipment Corp.'s EBITDA was -$1.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 17.6% from the same quarter a year earlier. Against the prior quarter it is up 15.5%.

Net Income

$12.6M

YoY+1284.3%

QoQ+855.6%

5Y CAGR+53.6%

CVD Equipment Corp. reported $12.6M in net income in Q2 2026. This represents an increase of 1284.3% from the same quarter a year earlier. Against the prior quarter it is up 855.6%.

EPS (Diluted)

$1.81

YoY+1306.7%

QoQ+854.2%

5Y CAGR+52.4%

CVD Equipment Corp. earned $1.81 per diluted share (EPS) in Q2 2026. This represents an increase of 1306.7% from the same quarter a year earlier. Against the prior quarter it is up 854.2%.

Cash & Balance Sheet

Free Cash Flow

-$426K

YoY+86.6%

QoQ+50.8%

CVD Equipment Corp. recorded an outflow of $426K in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 86.6% from the same quarter a year earlier. Against the prior quarter it is up 50.8%.

Cash & Debt

$23.5M

YoY+234.4%

QoQ+186.5%

5Y CAGR+34.2%

10Y CAGR+5.3%

CVD Equipment Corp. held $23.5M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

YoY+1.0%

QoQ+0.2%

5Y CAGR+0.8%

10Y CAGR+1.0%

CVD Equipment Corp. had 7M shares outstanding in Q2 2026. This represents an increase of 1.0% from the same quarter a year earlier. Against the prior quarter it is up 0.2%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

16.9%

YoY+2.7pp

QoQ+8.9pp

5Y change-7.9pp

10Y change+3.7pp

CVD Equipment Corp.'s gross margin was 16.9% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 2.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 8.9 percentage points.

Operating Margin

-79.8%

YoY-39.6pp

QoQ+17.6pp

5Y change-53.0pp

10Y change-53.6pp

CVD Equipment Corp.'s operating margin was -79.8% in Q2 2026, reflecting core business profitability. This is down 39.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 17.6 percentage points.

Return on Equity

34.9%

YoY+39.1pp

QoQ+42.0pp

5Y change+28.8pp

10Y change+36.4pp

CVD Equipment Corp.'s ROE was 34.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 39.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 42.0 percentage points.

Net Margin

Not shown for Q2 2026: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.

Capital Allocation

R&D Spending

$685K

YoY+7.2%

QoQ-5.8%

5Y CAGR+9.7%

10Y CAGR+25.2%

CVD Equipment Corp. invested $685K in research and development in Q2 2026. This represents an increase of 7.2% from the same quarter a year earlier. Against the prior quarter it is down 5.8%.

Capital Expenditures

$1K

YoY-75.0%

QoQ-92.3%

5Y CAGR-59.5%

10Y CAGR-9.3%

CVD Equipment Corp. invested $1K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 75.0% from the same quarter a year earlier. Against the prior quarter it is down 92.3%.

Share Buybacks

Not reported for Q2 2026.

CVV Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CVV quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$19.8M	$25.8M-4.1%	$26.9M+11.5%	$24.1M-6.6%	$25.8M+56.9%	$16.4M-2.8%	$16.9M-13.9%	$19.6M-19.3%	$24.3M-40.8%	$41.1M+96.3%	$21.0M-46.2%	$39.0M+39.2%	$28.0M+56.5%	$17.9M-19.3%	$22.2M-28.5%	$31.0M
Cost of Revenue	$14.3M	$18.5M-11.2%	$20.8M+9.4%	$19.0M-0.8%	$19.2M+43.5%	$13.4M-4.8%	$14.0M-16.7%	$16.9M-12.0%	$19.2M-18.6%	$23.5M+69.9%	$13.9M-41.9%	$23.8M+44.7%	$16.5M+47.4%	$11.2M-21.1%	$14.2M-27.5%	$19.5M
Gross Profit	$5.5M	$7.3M+20.4%	$6.1M+19.3%	$5.1M-23.5%	$6.6M+115.4%	$3.1M+6.8%	$2.9M+3.1%	$2.8M-46.0%	$5.2M-70.6%	$17.6M+147.7%	$7.1M-53.1%	$15.1M+31.4%	$11.5M+71.8%	$6.7M-16.0%	$8.0M-30.2%	$11.4M
R&D Expenses	$2.8M	$2.8M+6.1%	$2.6M+1.2%	$2.6M+36.2%	$1.9M+6.8%	$1.8M+379.0%	$373K-37.6%	$597K-1.5%	$607K+38.8%	$437K+0.8%	$434K-28.3%	$605K-31.0%	$878K-13.4%	$1.0M+160.2%	$389K-59.2%	$955K
SG&A Expenses	$4.9M	$4.8M-1.9%	$4.9M-10.1%	$5.5M+2.3%	$5.3M+4.6%	$5.1M-17.3%	$6.2M-2.1%	$6.3M-23.4%	$8.2M-3.9%	$8.5M+23.3%	$6.9M-10.6%	$7.7M-5.6%	$8.2M+35.0%	$6.1M+18.6%	$5.1M-6.0%	$5.4M
Operating Income	-$3.6M	-$1.9M+20.9%	-$2.4M+50.5%	-$4.9M-167.7%	-$1.8M+60.9%	-$4.7M+40.4%	-$7.8M-57.0%	-$5.0M+5.1%	-$5.3M-172.8%	$7.2M+1096.3%	-$725K-115.8%	$4.6M+222.0%	-$3.8M-108.4%	-$1.8M-431.3%	$545K-88.5%	$4.8M
EBITDA	N/A	-$1.2M+29.2%	-$1.7M+57.6%	-$4.1M-327.7%	-$956K+75.6%	-$3.9M+39.1%	-$6.4M-63.2%	-$3.9M+4.2%	-$4.1M-150.9%	$8.1M+8976.1%	$89K-98.4%	$5.4M+282.7%	-$3.0M-155.8%	-$1.2M-209.4%	$1.1M-80.2%	$5.4M
Interest Expense	N/A	$13K-31.6%	$19K-17.4%	$23K+187.5%	$8K-96.9%	$261K-41.3%	$444K-8.0%	$483K+4.3%	$463K+335.7%	$106K+33.1%	$80K-13.3%	$92K-15.8%	$109K-33.2%	$164K-20.1%	$205K+12.0%	$183K
Income Tax	N/A	$3K-87.5%	$24K+271.4%	-$14K-450.0%	$4K-85.7%	$28K+101.8%	-$1.5M-208.0%	$1.4M+496.5%	-$357K-118.4%	$1.9M+483.7%	-$504K-138.2%	$1.3M+206.8%	-$1.2M+11.5%	-$1.4M-3834.2%	-$35K-103.5%	$1.0M
Net Income	$10.0M	-$1.6M+16.5%	-$1.9M+54.6%	-$4.2M-1766.1%	-$224K-104.7%	$4.7M+178.1%	-$6.1M+4.0%	-$6.3M-21.7%	-$5.2M-198.9%	$5.3M+3628.2%	-$149K-104.7%	$3.2M+229.6%	-$2.5M-341.4%	-$560K-228.6%	$436K-88.5%	$3.8M
EPS (Basic)	N/A	-$0.23+17.9%	-$0.28+54.8%	-$0.62-1966.7%	-$0.03-104.2%	$0.71+178.0%	-$0.91+5.2%	-$0.96-20.0%	-$0.80-196.4%	$0.83+4250.0%	-$0.02-103.8%	$0.52+230.0%	-$0.40-344.4%	-$0.09-228.6%	$0.07-89.9%	$0.69
EPS (Diluted)	$1.45	-$0.23+17.9%	-$0.28+54.8%	-$0.62-1966.7%	-$0.03-104.2%	$0.71+178.0%	-$0.91+5.2%	-$0.96-20.0%	-$0.80-197.6%	$0.82+4200.0%	-$0.02-103.9%	$0.51+227.5%	-$0.40-344.4%	-$0.09-228.6%	$0.07-89.6%	$0.67
Diluted Shares (Avg)	N/A	7M+0.8%	7M+0.5%	7M+100701.9%	6,734-99.9%	7M+1.0%	7M+1.2%	7M+1.0%	6M+1.7%	6M+1.6%	6M0.0%	6M+2.5%	6M+1.0%	6M-1.0%	6M+8.9%	6M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$2.0M-42.6%	$1.8M-70.9%	$8.6M+16.5%	$7.4M-9.6%	$3.4M-46.4%	$6.3M+28.6%	$7.4M+80.4%	$8.2M+31.4%
Cost of Revenue	$1.6M-44.4%	$1.7M-63.1%	$6.0M+9.6%	$5.0M-22.4%	$2.9M-39.1%	$4.6M+11.5%	$5.5M+22.6%	$6.4M+38.7%
Gross Profit	$329K-31.6%	$147K-91.5%	$2.7M+36.1%	$2.4M+37.2%	$481K-68.8%	$1.7M+117.6%	$1.9M+658.2%	$1.8M+10.4%
R&D Expenses	$685K+7.2%	$727K-1.0%	$819K+43.2%	$594K-7.8%	$639K-3.9%	$734K-1.6%	$572K-21.8%	$644K-8.5%
SG&A Expenses	$971K+4.3%	$1.0M+7.2%	$1.7M+64.5%	$1.2M-4.3%	$931K-31.0%	$953K-24.1%	$1.1M+1.1%	$1.2M-14.1%
Operating Income	-$1.6M-13.7%	-$1.8M-461.3%	-$527K-1982.1%	$308K+300.0%	-$1.4M-52.7%	-$320K+80.3%	$28K+101.1%	$77K+107.8%
EBITDA	-$1.4M-17.6%	-$1.7M-1139.3%	-$361K-253.0%	$471K+91.5%	-$1.2M-61.6%	-$135K+90.8%	$236K+110.6%	$246K+129.4%
Interest Expense	N/A	$1K-66.7%	$4K0.0%	$3K-40.0%	$3K-25.0%	$3K-50.0%	$4K-20.0%	$5K-16.7%
Income Tax	N/A	N/A	N/A	N/A	N/A	$16K	N/A	$5K
Net Income	$12.6M+1284.3%	-$1.7M-561.9%	-$1.3M-1060.6%	$384K+89.2%	-$1.1M-39.4%	$360K+124.5%	$132K+105.8%	$203K+127.0%
EPS (Basic)	$1.81+1306.7%	-$0.24-580.0%	-$0.18-1000.0%	$0.06+100.0%	-$0.15-36.4%	$0.05+122.7%	$0.02+105.9%	$0.03+127.3%
EPS (Diluted)	$1.81+1306.7%	-$0.24-580.0%	-$0.18-1000.0%	$0.06+100.0%	-$0.15-36.4%	$0.05+122.7%	$0.02+105.9%	$0.03+127.3%
Diluted Shares (Avg)	7M+0.9%	7M+1.0%	N/A	7M+0.7%	7M+0.7%	7M+0.9%	N/A	7M+0.7%

CVV Balance Sheet

CVV quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$27.5M-13.2%	$31.7M-9.5%	$35.0M-7.6%	$37.9M+6.7%	$35.5M-13.2%	$40.9M-12.4%	$46.7M-9.9%	$51.8M-12.1%	$59.0M+29.3%	$45.6M+10.9%	$41.1M-9.7%	$45.6M+16.4%	$39.1M-8.0%	$42.5M+10.3%	$38.5M
Current Assets	$16.9M-15.5%	$20.0M-12.5%	$22.8M-3.5%	$23.7M+2.5%	$23.1M+95.7%	$11.8M-16.8%	$14.2M-27.2%	$19.4M-30.0%	$27.8M-2.1%	$28.4M+15.7%	$24.6M-15.5%	$29.1M+32.7%	$21.9M-9.1%	$24.1M-16.2%	$28.8M
Cash & Equivalents	$8.7M-30.7%	$12.6M-10.2%	$14.0M-2.4%	$14.4M-13.7%	$16.7M+116.3%	$7.7M-11.1%	$8.7M-24.3%	$11.4M-19.5%	$14.2M-34.4%	$21.7M+65.8%	$13.1M+9.2%	$12.0M+6.4%	$11.2M-18.0%	$13.7M-24.3%	$18.1M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$285K-86.5%	$2.1M-52.5%	$4.5M+75.5%	$2.5M+107.2%	$1.2M+9.0%	$1.1M-34.3%	$1.7M-8.2%	$1.9M-37.2%	$3.0M-9.8%	$3.3M+10.0%	$3.0M-38.3%	$4.8M+7.7%	$4.5M+64.0%	$2.7M+22.9%	$2.2M
Accounts Receivable	$1.3M-39.8%	$2.1M+12.7%	$1.9M-49.7%	$3.8M+162.0%	$1.4M+38.0%	$1.0M-58.8%	$2.5M-37.4%	$4.1M+97.5%	$2.1M+238.9%	$608K-80.3%	$3.1M-52.2%	$6.5M+124.1%	$2.9M-36.1%	$4.5M+23.2%	$3.7M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$2.8M-55.9%	$6.3M-28.4%	$8.8M+3.6%	$8.5M+34.4%	$6.3M-62.3%	$16.8M+0.3%	$16.8M+4.0%	$16.1M-12.0%	$18.3M+62.3%	$11.3M+42.8%	$7.9M-51.5%	$16.3M+103.2%	$8.0M-29.5%	$11.4M+36.1%	$8.4M
Current Liabilities	$2.8M-54.6%	$6.1M-28.3%	$8.6M+4.8%	$8.2M+28.9%	$6.3M+71.0%	$3.7M-31.3%	$5.4M+32.4%	$4.1M-24.9%	$5.4M-34.9%	$8.3M+79.4%	$4.6M-62.7%	$12.4M+260.4%	$3.5M-13.5%	$4.0M-31.3%	$5.8M
Non-Current Liabilities	$0-100.0%	$181K-32.5%	$268K-23.2%	$349K	$0-100.0%	$13.1M+15.2%	$11.4M-5.6%	$12.1M-6.6%	$12.9M+335.2%	$3.0M-9.2%	$3.3M-15.1%	$3.8M-15.8%	$4.6M-38.2%	$7.4M+189.9%	$2.5M
Long-Term Debt	N/A	$181K-32.5%	$268K-23.2%	$349K	$0-100.0%	$13.1M+15.2%	$11.4M-5.6%	$12.1M-5.1%	$12.7M+328.4%	$3.0M-9.2%	$3.3M-15.1%	$3.8M-15.8%	$4.6M-38.2%	$7.4M+189.9%	$2.5M
Total Equity	$24.7M-2.5%	$25.4M-3.2%	$26.2M-10.9%	$29.4M+0.7%	$29.2M+21.0%	$24.1M-19.5%	$30.0M-16.1%	$35.7M-10.7%	$40.0M+16.5%	$34.3M+3.3%	$33.2M+13.5%	$29.3M-6.0%	$31.1M-0.1%	$31.1M+3.2%	$30.2M
Retained Earnings	-$6.0M-35.6%	-$4.5M-74.1%	-$2.6M-258.0%	$1.6M-12.1%	$1.8M+163.5%	-$2.9M-191.5%	$3.2M-66.6%	$9.5M-38.2%	$15.4M+52.0%	$10.1M-1.5%	$10.3M+45.4%	$7.1M-25.9%	$9.5M-5.5%	$10.1M+4.5%	$9.7M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$38.5M+28.6%	$26.2M-15.7%	$27.5M-13.2%	$29.8M-6.5%	$29.9M-11.5%	$31.1M-12.3%	$31.7M-9.5%	$31.8M-14.5%
Current Assets	$28.1M+52.2%	$15.7M-19.4%	$16.9M-15.5%	$18.5M-7.2%	$18.5M-15.1%	$19.5M-16.6%	$20.0M-12.5%	$19.9M-20.0%
Cash & Equivalents	$23.5M+234.4%	$8.2M-19.8%	$8.7M-30.7%	$8.4M-16.5%	$7.0M-30.0%	$10.2M-14.1%	$12.6M-10.2%	$10.0M-30.0%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$247K-89.4%	$306K-85.0%	$285K-86.5%	$2.0M-21.3%	$2.3M-50.0%	$2.0M-58.6%	$2.1M-52.5%	$2.6M-40.4%
Accounts Receivable	$1.8M-64.5%	$677K-51.8%	$1.3M-39.8%	$2.7M-47.8%	$5.0M+0.8%	$1.4M-52.7%	$2.1M+12.7%	$5.1M+98.2%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$2.5M-48.1%	$2.9M-42.4%	$2.8M-55.9%	$4.0M-41.8%	$4.8M-49.0%	$5.1M-51.3%	$6.3M-28.4%	$6.9M-23.7%
Current Liabilities	$2.4M-47.2%	$2.9M-40.5%	$2.8M-54.6%	$3.9M-41.7%	$4.6M-49.2%	$4.9M-51.7%	$6.1M-28.3%	$6.7M-23.5%
Non-Current Liabilities	$30K-77.9%	$0-100.0%	$0-100.0%	$113K-44.3%	$136K-39.6%	$159K-35.6%	$181K-32.5%	$203K-29.5%
Long-Term Debt	N/A	N/A	N/A	$113K-44.3%	$136K-39.6%	$159K-35.6%	$181K-32.5%	$203K-29.5%
Total Equity	$36.0M+43.2%	$23.3M-10.4%	$24.7M-2.5%	$25.8M+3.2%	$25.2M+2.8%	$26.0M+4.0%	$25.4M-3.2%	$25.0M-11.5%
Retained Earnings	$4.9M+194.2%	-$7.7M-88.0%	-$6.0M-35.6%	-$4.8M-4.0%	-$5.2M-7.6%	-$4.1M-1.6%	-$4.5M-74.1%	-$4.6M-1504.9%

Not reported in any period shown, so not listed: Goodwill.

CVV Cash Flow Statement

CVV quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$477K	-$3.7M-147.0%	-$1.5M-622.8%	-$206K-206.2%	$194K+104.5%	-$4.3M-277.2%	-$1.1M-298.5%	$571K+11.9%	$510K+121.4%	-$2.4M-126.9%	$8.9M+410.6%	$1.7M+12.2%	$1.5M+244.8%	-$1.1M-485.9%	-$182K-104.3%	$4.2M
Depreciation & Amortization	N/A	$683K-0.1%	$684K-13.6%	$792K-8.7%	$867K+16.8%	$742K-46.6%	$1.4M+33.2%	$1.0M-8.6%	$1.1M+31.6%	$867K+6.6%	$814K-1.6%	$827K+3.6%	$798K+23.4%	$646K+25.5%	$515K-13.7%	$597K
Stock-Based Compensation	N/A	$942K-11.4%	$1.1M+17.1%	$908K+108.7%	$435K+38.1%	$315K+29.8%	$243K-57.6%	$572K-39.1%	$940K+0.7%	$933K+20.2%	$776K+3.3%	$751K+45.5%	$516K+11.9%	$461K+96.4%	$235K-19.2%	$291K
Capital Expenditures	$13K	$48K-54.7%	$106K-74.6%	$418K-37.1%	$665K+181.8%	$236K-85.0%	$1.6M-41.3%	$2.7M+5.9%	$2.5M+185.4%	$889K+690.5%	$112K-54.7%	$248K-59.8%	$618K-70.2%	$2.1M-82.4%	$11.8M+5656.3%	$205K
Free Cash Flow	$462K	-$3.7M-133.6%	-$1.6M-155.6%	-$624K-32.5%	-$471K+89.6%	-$4.5M-66.4%	-$2.7M-28.0%	-$2.1M-4.4%	-$2.0M+38.0%	-$3.3M-137.4%	$8.7M+488.4%	$1.5M+60.2%	$927K+129.5%	-$3.1M+73.8%	-$12.0M-400.8%	$4.0M
Investing Cash Flow	$16.2M	-$99K-168.8%	$144K+208.3%	-$133K+81.2%	-$708K-103.1%	$22.8M+1548.2%	-$1.6M+41.3%	-$2.7M-5.9%	-$2.5M+83.4%	-$15.3M-3628.1%	-$411K-768.0%	-$47K+77.3%	-$208K-113.4%	$1.6M+116.1%	-$9.7M-518.0%	-$1.6M
Financing Cash Flow	-$225K	-$87K-6.1%	-$82K-8100.0%	-$1K+99.9%	-$1.8M+81.6%	-$9.6M-651.0%	$1.7M+365.4%	-$658K+11.6%	-$744K-107.3%	$10.2M+6217.1%	$162K+127.9%	-$580K+6.1%	-$618K+79.1%	-$3.0M-154.5%	$5.4M-41.3%	$9.3M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	-$425K+86.6%	-$852K+62.3%	$397K-82.4%	$1.4M+4140.6%	-$3.2M-83.3%	-$2.3M-10.7%	$2.3M+1831.5%	$32K-95.8%
Depreciation & Amortization	$145K-14.2%	$123K-33.5%	$166K-20.2%	$163K-3.6%	$169K+9.7%	$185K+20.9%	$208K-15.8%	$169K+10.5%
Stock-Based Compensation	$202K-14.8%	$220K-16.7%	N/A	$210K-21.3%	$237K-11.2%	$264K-1.1%	N/A	$267K+7.2%
Capital Expenditures	$1K-75.0%	$13K-71.1%	-$1K-99.1%	$0-100.0%	$4K-96.4%	$45K-35.7%	-$113K+2.7%	$37K-55.4%
Free Cash Flow	-$426K+86.6%	-$865K+62.5%	$396K-81.5%	$1.4M+27240.0%	-$3.2M-72.4%	-$2.3M-9.2%	$2.1M+990.8%	-$5K-100.7%
Investing Cash Flow	$15.7M+392900.0%	$495K+615.6%	$1K-99.7%	$0+100.0%	-$4K+96.4%	-$96K-37.1%	$363K+430.0%	-$37K-107.2%
Financing Cash Flow	$0+100.0%	-$181K-761.9%	-$22K-4.8%	-$22K-4.8%	-$22K-4.8%	-$21K-10.5%	-$21K-5.0%	-$21K-10.5%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

CVV Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CVV quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	28.3%+5.8pp	22.5%+1.5pp	21.0%-4.6pp	25.7%+7.0pp	18.7%+1.7pp	17.0%+2.8pp	14.2%-7.0pp	21.3%-21.5pp	42.8%+8.9pp	33.9%-5.0pp	38.9%-2.3pp	41.2%+3.7pp	37.5%+1.5pp	36.0%-0.9pp	36.9%
Operating Margin	-7.4%+1.6pp	-9.0%+11.3pp	-20.3%-13.2pp	-7.1%+21.3pp	-28.4%+17.9pp	-46.2%-20.9pp	-25.4%-3.8pp	-21.6%-39.1pp	17.5%+21.0pp	-3.5%-15.2pp	11.8%+25.2pp	-13.5%-3.4pp	-10.1%-12.6pp	2.5%-12.9pp	15.3%
Net Margin	-6.2%+0.9pp	-7.1%+10.3pp	-17.3%-16.5pp	-0.9%-29.7pp	28.9%+64.8pp	-35.9%-3.7pp	-32.2%-10.8pp	-21.4%-34.2pp	12.8%+13.5pp	-0.7%-8.9pp	8.2%+17.1pp	-8.8%-5.7pp	-3.1%-5.1pp	2.0%-10.2pp	12.2%
Return on Equity	-6.4%+1.1pp	-7.5%+8.5pp	-16.0%-15.2pp	-0.8%-17.0pp	16.3%+41.4pp	-25.2%-4.1pp	-21.1%-6.6pp	-14.6%-27.7pp	13.2%+13.6pp	-0.4%-10.1pp	9.7%+18.1pp	-8.5%-6.7pp	-1.8%-3.2pp	1.4%-11.1pp	12.5%
Return on Assets	-5.8%+0.2pp	-6.0%+5.9pp	-11.9%-11.3pp	-0.6%-13.9pp	13.4%+28.2pp	-14.8%-1.3pp	-13.5%-3.5pp	-10.0%-18.9pp	8.9%+9.3pp	-0.3%-8.1pp	7.8%+13.2pp	-5.4%-4.0pp	-1.4%-2.5pp	1.0%-8.8pp	9.8%
Current Ratio	6.06+2.8x	3.26+0.6x	2.67-0.2x	2.90-0.7x	3.64+0.5x	3.18+0.6x	2.63-2.1x	4.78-0.4x	5.13+1.7x	3.41-1.9x	5.29+3.0x	2.34-4.0x	6.34+0.3x	6.04+1.1x	4.95
Debt-to-Equity	0.11+0.1x	0.010.0x	0.010.0x	0.010.0x	0.00-0.5x	0.54+0.2x	0.380.0x	0.340.0x	0.32+0.2x	0.090.0x	0.100.0x	0.130.0x	0.15-0.1x	0.24+0.2x	0.08
Asset Turnover	0.94+0.1x	0.85+0.2x	0.690.0x	0.68+0.2x	0.460.0x	0.410.0x	0.420.0x	0.47-0.2x	0.70+0.2x	0.46-0.5x	0.95+0.3x	0.61+0.2x	0.46-0.1x	0.52-0.3x	0.80
FCF Margin	-14.4%-8.5pp	-5.9%-3.3pp	-2.6%-0.8pp	-1.8%+25.6pp	-27.4%-11.4pp	-16.0%-5.2pp	-10.8%-2.5pp	-8.3%-0.4pp	-8.0%-49.7pp	41.7%+37.9pp	3.8%+0.5pp	3.3%+20.9pp	-17.5%+36.5pp	-54.1%-66.9pp	12.8%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	16.9%+2.7pp	8.0%-19.4pp	30.7%+4.4pp	32.7%+11.1pp	14.1%-10.2pp	27.4%+11.2pp	26.3%+34.8pp	21.5%-4.1pp
Operating Margin	-79.8%-39.6pp	-97.4%-92.3pp	-6.1%-6.5pp	4.2%+3.2pp	-40.3%-26.1pp	-5.1%+27.9pp	0.4%+60.5pp	0.9%+16.8pp
Net Margin	643.4%	-90.2%-95.9pp	-14.7%-16.4pp	5.2%+2.7pp	-31.2%-19.2pp	5.7%+35.6pp	1.8%+57.1pp	2.5%+14.6pp
Return on Equity	34.9%+39.1pp	-7.1%-8.5pp	-5.1%-5.6pp	1.5%+0.7pp	-4.2%-1.1pp	1.4%+7.3pp	0.5%+9.2pp	0.8%+3.5pp
Return on Assets	32.6%+36.2pp	-6.3%-7.5pp	-4.6%-5.0pp	1.3%+0.7pp	-3.5%-1.3pp	1.2%+5.3pp	0.4%+6.9pp	0.6%+2.7pp
Current Ratio	11.52+7.5x	5.35+1.4x	6.06+2.8x	4.76+1.8x	4.00+1.6x	3.95+1.7x	3.26+0.6x	2.99+0.1x
Debt-to-Equity	0.07+0.1x	0.13+0.1x	0.11+0.1x	0.000.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x
Asset Turnover	0.05-0.1x	0.07-0.1x	0.31+0.1x	0.250.0x	0.11-0.1x	0.20+0.1x	0.23+0.1x	0.26+0.1x
FCF Margin	-21.8%+71.4pp	-46.9%-10.5pp	4.6%-24.3pp	18.3%+18.4pp	-93.2%-64.2pp	-36.4%+6.5pp	28.8%+34.7pp	-0.1%-10.9pp

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
CVD Equipment Corp. CVV	FY2025	$25.8M	-$1.6M	-6.2%	$32.5M	48/100
Clean Energy Technologies, Inc. CETY	FY2025	$2.2M	-$6.8M	N/A	$12.4M	9/100
INLIF LIMITED INLF	FY2025	$18.4M	-$5.4M	-29.6%	$3.7M	42/100
SIMPPLE LTD. SPPL	FY2025	$4.6M	-$3.3M	-70.8%	$17.0M	32/100
NUBURU INC BURU	FY2025	$0	-$79.1M	N/A	$18.1M	—
Laser Photonics Corporation LASE	FY2025	$8.3M	-$17.5M	N/A	$35.6M	27/100

Where CVD Equipment Corp. Ranks

Frequently Asked Questions

What is CVD Equipment Corp.'s annual revenue?

CVD Equipment Corp. (CVV) reported $25.8M in total revenue for fiscal year 2025. This represents a -4.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is CVD Equipment Corp.'s revenue growing?

CVD Equipment Corp. (CVV) revenue declined by 4.1% year-over-year, from $26.9M to $25.8M in fiscal year 2025.

Is CVD Equipment Corp. profitable?

No, CVD Equipment Corp. (CVV) reported a net income of -$1.6M in fiscal year 2025, with a net profit margin of -6.2%.

What is CVD Equipment Corp.'s EBITDA?

CVD Equipment Corp. (CVV) had EBITDA of -$1.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is CVD Equipment Corp.'s gross margin?

CVD Equipment Corp. (CVV) had a gross margin of 28.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is CVD Equipment Corp.'s operating margin?

CVD Equipment Corp. (CVV) had an operating margin of -7.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is CVD Equipment Corp.'s net profit margin?

CVD Equipment Corp. (CVV) had a net profit margin of -6.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is CVD Equipment Corp.'s return on equity (ROE)?

CVD Equipment Corp. (CVV) has a return on equity of -6.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is CVD Equipment Corp.'s free cash flow?

CVD Equipment Corp. (CVV) recorded an outflow of $3.7M in free cash flow during fiscal year 2025. This represents a -133.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is CVD Equipment Corp.'s operating cash flow?

CVD Equipment Corp. (CVV) recorded an outflow of $3.7M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are CVD Equipment Corp.'s total assets?

CVD Equipment Corp. (CVV) had $27.5M in total assets as of fiscal year 2025, including both current and long-term assets.

What are CVD Equipment Corp.'s capital expenditures?

CVD Equipment Corp. (CVV) invested $48K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does CVD Equipment Corp. spend on research and development?

CVD Equipment Corp. (CVV) invested $2.8M in research and development during fiscal year 2025.

How many shares does CVD Equipment Corp. have outstanding?

CVD Equipment Corp. (CVV) had 7M shares outstanding as of fiscal year 2025.

What is CVD Equipment Corp.'s current ratio?

CVD Equipment Corp. (CVV) had a current ratio of 6.06 as of fiscal year 2025, which is generally considered healthy.

What is CVD Equipment Corp.'s debt-to-equity ratio?

CVD Equipment Corp. (CVV) had a debt-to-equity ratio of 0.11 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is CVD Equipment Corp.'s return on assets (ROA)?

CVD Equipment Corp. (CVV) had a return on assets of -5.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is CVD Equipment Corp.'s P/E ratio?

CVD Equipment Corp. (CVV) trades at 3.2x earnings, its market capitalization divided by net income of $10.0M net income, trailing 12 months to June 30, 2026. The market capitalization is $32.5M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is CVD Equipment Corp.'s price-to-sales ratio?

CVD Equipment Corp. (CVV) trades at 1.6x sales, its market capitalization divided by revenue of $19.8M revenue, trailing 12 months to June 30, 2026. The market capitalization is $32.5M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does CVD Equipment Corp.'s liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, CVD Equipment Corp. (CVV) held $8.7M in cash, cash equivalents and investments, and reported an operating cash outflow of $3.7M over that year. Dividing the one by the other, the reported balance equals about 28 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is CVD Equipment Corp.'s Altman Z-Score?

CVD Equipment Corp. (CVV) has an Altman Z-Score of 8.03, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is CVD Equipment Corp.'s Piotroski F-Score?

CVD Equipment Corp. (CVV) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are CVD Equipment Corp.'s earnings high quality?

CVD Equipment Corp. (CVV) reported a net loss of $1.6M while operations used $3.7M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can CVD Equipment Corp. cover its interest payments?

CVD Equipment Corp. (CVV) reported an operating loss of $1.9M against $13K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is CVD Equipment Corp.?

CVD Equipment Corp. (CVV) scores 48 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.