Chicago Rivet & Machine Co. Announces Second Quarter Results of Operations
Rhea-AI Summary
Chicago Rivet & Machine (NYSE American: CVR) reported second quarter 2026 net sales of $7.24 million, slightly below $7.30 million in the 2025 quarter. The company recorded a loss before income taxes of $971,324 versus a $415,048 loss a year earlier, and a net loss of $989,528 compared with a $394,980 net loss in second quarter 2025. Net loss per common share widened to $(1.02) from $(0.41), with average shares outstanding unchanged at 966,132.
For the first six months of 2026, net sales were $14.09 million versus $14.54 million in 2025. The company reported a net loss of $1,351,543 for the period, compared with net income of $6,042 in the first half of 2025, or $(1.40) per share versus $0.01.
Positive
- None.
Negative
- Net loss Q2 2026 $989,528 vs. $394,980 prior year
- Loss per share Q2 2026 $(1.02) vs. $(0.41) 2025
- First-half 2026 net loss $1,351,543 vs. $6,042 income 2025
- First-half 2026 EPS $(1.40) vs. $0.01 in first-half 2025
- Net sales H1 2026 $14.09M vs. $14.54M 2025
Key Figures
Previous Earnings Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 08 | First-quarter earnings | Negative | -12.3% | Quarterly sales declined and the company reported a net loss. |
| Nov 07 | Third-quarter earnings | Positive | +0.8% | Quarterly sales increased and net income returned compared with the prior year. |
| Oct 29 | Third-quarter earnings | Positive | +0.6% | CVR Energy reported quarterly net income, EBITDA and positive earnings per share. |
| Oct 29 | Third-quarter earnings | Positive | +0.6% | CVR Partners reported quarterly net income, EBITDA and a cash distribution. |
| Aug 08 | Second-quarter earnings | Negative | -7.7% | Quarterly sales declined and the company reported a net loss. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Tag-matched earnings events averaged -3.61%, with the selected history showing aligned reactions to both negative and positive reported results.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CHICAGO RIVET & MACHINE CO. Summary of Consolidated Results of Operations For the Three and Six Months Ended June 30 | ||||
Second Quarter | First Six Months | |||
2026 | 2025 | 2026 | 2025 | |
Net sales | ||||
Income (loss) before income taxes | (971,324) | (415,048) | (1,350,982) | 6,333 |
Net income (loss) | (989,528) | (394,980) | (1,351,543) | 6,042 |
Net income (loss) per common share | (1.02) | (0.41) | (1.40) | 0.01 |
Average common shares outstanding | 966,132 | 966,132 | 966,132 | 966,132 |
(All figures subject to year-end audit) | ||||
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SOURCE Chicago Rivet & Machine Co.