Every 8-K that Core Molding Technologies, Inc. (CMT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CMT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CMT filings page.
Core Molding Technologies reported softer fiscal 2026 second‑quarter results as net revenue fell on sharply lower tooling sales, while underlying production and margins held up. Production revenue was $60.9 million, down 1.2% year over year, but up 20.8% excluding the medium‑ and heavy‑duty truck market. Tooling project revenue dropped to $1.8 million. Gross margin improved to 20.3% of net revenue, helped by favorable mix, efficiencies and a one‑time customer capacity credit.
Net income declined to $1.8 million, or $0.21 per diluted share, from $4.1 million or $0.47, as SG&A rose to 16.6% of net revenue including $1.8 million of Mexico expansion and severance costs. For the first half, adjusted EBITDA was $15.0 million (12.3% margin), and free cash flow turned negative, driven by $12.1 million of capital expenditures, mostly for Mexico. The company repaid its 2022 term loan, ended June with $12.1 million of cash, and subsequently arranged new $100 million credit facilities maturing in 2031. Management cites $25.7 million of net new business awards and continues to expect 2026 net sales to be flat to up about 5%, with gross margin in the 17–19% range.
Core Molding Technologies, Inc. amended and extended its credit agreement, creating a $50 million delayed draw term loan and a $50 million revolving credit facility with maturities extended to 2031. The new covenant-light structure is designed to provide flexibility for growth investments and potential acquisitions.
For the three months ended March 31, 2026, the company reported net income of $605,000 and Adjusted EBITDA of $7.3 million, with Adjusted EBITDA margin of 12.5%. Free cash flow was a deficit of $13.0 million, reflecting negative operating cash flow and higher capital expenditures during the period.
Core Molding Technologies furnished an investor presentation outlining recent performance, growth investments and long‑term targets. The company reported 2025 sales of $274M, Gross Margin of 17.4% and Adjusted EBITDA of about $30.7M. For the trailing twelve months ended March 2026, sales were $271M with Adjusted EBITDA of $30.9M, equal to 11.4% of sales, and Adjusted Return on Capital Employed of 9.3%.
Management highlighted zero net debt, a cash balance of $24M as of March 2026 and a capital plan that includes $25M–$30M of 2026 capex, notably a $25M expansion of Mexican manufacturing capacity. The presentation notes a $150M Volvo sleeper roof contract expected to launch in early 2027, recent new business wins of $45M in 2024, $63M in 2025 and $17M in Q1 2026, and three‑to‑five‑year goals of revenues above $500M, operating income margins of 8%–10% and ROCE of 14%–16%.
Core Molding Technologies appointed President & Chief Executive Officer Eric Palomaki to its board of directors, filling a vacancy created by a prior resignation. He is not assigned to any board committee yet and will receive no additional compensation for serving as a director.
The company also entered into an amended and restated employment agreement with Mr. Palomaki, effective June 1, 2026. He will receive a base salary of $525,000, an initial grant of 20,000 shares of restricted stock vesting over three years, an annual short-term incentive targeted at 100% of base salary, and annual long-term incentives targeted at 200% of base salary. If terminated without cause, for good reason or upon qualified retirement, he is entitled to accrued obligations plus a cash amount equal to four times his base salary, while unvested equity is forfeited.
In the case of death or disability, he would receive accrued obligations, a pro‑rated short‑term incentive for the year of termination, and full accelerated vesting of equity with a cash payment based on the 20‑day average closing price of the company’s stock. The agreement includes non‑solicitation, confidentiality and non‑disparagement covenants.
Core Molding Technologies, Inc. reported that director David L. Duvall submitted his resignation from the company’s board of directors, effective June 1, 2026. The company explains that his resignation is connected to his previously announced retirement as President & Chief Executive Officer and is not due to any disagreement with management, the company, or the board.
Core Molding Technologies, Inc. approved a CEO transition arrangement with President and Chief Executive Officer David L. Duvall. Under a Transition Agreement effective June 1, 2026, he will move to a part-time advisory role through December 31, 2027.
During this Advisory Period, Mr. Duvall will be a part-time employee, advising senior management as requested. The Company will pay him a $50,000 Monthly Fee. If the Company terminates his employment without Cause during the Advisory Period, he will receive Monthly Fees for the remaining months.
Core Molding Technologies, Inc. reported the results of its annual shareholder meeting. As of the record date, 9,203,045 common shares were outstanding and entitled to vote, with 7,671,210 shares present or represented by proxy, constituting a quorum.
Seven director nominees each received substantially more votes "for" than "withheld," with support ranging from 6,089,027 to 6,489,061 votes. The non-binding advisory vote on executive compensation received 6,356,450 votes for versus 54,757 against.
Shareholders also cast 5,232,267 votes for and 1,270,364 against an amendment to the 2021 Long-Term Equity Incentive Plan. Ratification of Crowe LLP as independent registered public accounting firm for the year ended December 31, 2026 received 7,099,013 votes for and 571,111 against.
Core Molding Technologies reported first quarter 2026 net sales of $58.6 million, down 4.7% year-over-year, as weakness in medium and heavy-duty truck demand was largely offset by strong Powersports growth. Gross margin improved to 20.4%, up from 19.2%, reflecting cost control and favorable mix.
Net income declined to $0.6 million, or $0.07 per diluted share, from $2.2 million, mainly due to succession plan and Mexico expansion costs. On an adjusted basis, net income was $3.2 million, or $0.37 per diluted share, and Adjusted EBITDA was $7.3 million, or 12.5% of net sales.
The company invested $3.8 million in capital expenditures, mostly for its Mexico expansion, leading to a first quarter free cash flow deficit of $13.0 million. Total liquidity was $73.5 million, term debt was $19.3 million, and trailing twelve-month return on capital employed was 6.8%.
Core Molding Technologies, Inc. furnished an investor presentation outlining recent performance, balance sheet strength and multi‑year growth plans. For 2025, the Company reports total sales of $274 million, gross margin of 17.4% and Adjusted EBITDA of $30.7 million, equal to 11.2% of sales.
The presentation highlights zero net debt, a cash balance of $38 million as of December 2025 and a 2025 return on capital employed of 11.5% excluding accumulated cash. Over the last three years, operating cash flow totaled about $89.1 million and free cash flow about $51.2 million.
Management describes a $25–30 million 2026 capital program, including a $25 million expansion of Mexican manufacturing to support a $150 million Volvo truck roof contract beginning production in Q1 2027. The Company states it has capacity to support $425–475 million of revenue and visibility to sales above $300 million in 2027, with longer‑term targets of revenue above $500 million, operating margin of 8–10% and ROCE of 14–16%.
Core Molding Technologies, Inc. reported that its Board of Directors has increased the company’s existing stock repurchase program. The expansion authorizes the company to repurchase up to an additional $6,500,000 of its outstanding common shares.
As of the announcement date, there was approximately $1,000,000 of remaining repurchase authority, bringing the total authorization under the program to $7,500,000. Repurchases will be made in the open market in line with applicable securities laws, and the program can be suspended or terminated at the company’s discretion.
Core Molding Technologies reported mixed 2025 results, with full-year net sales of $273.8 million, down 9.5% as weakness in the Truck market offset strength in tooling. Despite lower volume, gross margin held at 17.4% and net income was $11.2 million, or $1.29 per diluted share.
Fourth-quarter net sales rose to $74.7 million, up 19.5%, driven by elevated tooling revenue, while Q4 net income improved to $3.1 million, or $0.36 per diluted share. Adjusted EBITDA for 2025 was $30.7 million, or 11.2% of net sales, and year-end liquidity totaled $88.1 million, supporting ongoing Mexico expansion and other growth investments.
Core Molding Technologies, Inc. amended its existing credit agreement with The Huntington National Bank and other lenders, effective as of December 31, 2025. The amendment introduces a new definition of Sustaining Capital Expenditures, capped at $10.0 million, changes how the Fixed Charge Coverage Ratio is calculated by deducting certain cash items from Consolidated EBITDA, and limits aggregate operating lease rental payments for all company entities to $5.0 million per fiscal year. The agreement confirms that these changes do not refinance or repay the existing secured obligations and includes customary representations, reaffirmations, and releases in favor of the lenders.
Core Molding Technologies, Inc. reported that its Chief Executive Officer, David Duvall, Executive Vice President and Chief Financial Officer, Alex Panda, and other members of the executive management team intend to use a prepared investor presentation in discussions with investors, analysts and other interested parties. The presentation is provided as Exhibit 99.1 to this report and is also available in the Investor Relations section of the company’s website at www.coremt.com.
The information in the presentation is being furnished under a disclosure item that does not treat it as filed under the securities laws, meaning it is not subject to certain liability provisions and is not automatically incorporated into other securities law filings. This update mainly informs the market that a formal slide deck will be used for ongoing investor communications.
Core Molding Technologies, Inc. (CMT) reported that it announced financial results for the third quarter ended September 30, 2025. The company furnished a press release with the details as Exhibit 99.1.
The update was provided in a Form 8-K dated November 4, 2025, and covers the company’s latest quarterly period. The filing notes the company’s common stock trades on the NYSE American under the symbol CMT.
Core Molding Technologies, Inc. furnished an updated investor presentation that its Chief Executive Officer, Chief Financial Officer, and other executives intend to use from time to time in discussions with investors, analysts, and others. The slide deck is provided as Exhibit 99.1 and is also available in the Investor Relations section of the company’s website. The information in the presentation is being furnished under a Regulation FD disclosure and is not considered “filed” for purposes of the Securities Exchange Act or incorporated into Securities Act filings.
Core Molding Technologies (NYSE American: CMT) filed an 8-K announcing a well-signaled CEO transition. Current President & CEO David L. Duvall will retire on 31 May 2026; Chief Operating Officer Eric L. Palomaki will assume the President/CEO role on 1 June 2026. The board says the move follows its long-term succession plan and is unrelated to any disagreement.
The parties executed a Second Amended & Restated Employment Agreement (1 Aug 2025) that sets Mr. Duvall’s base salary at $787,350 and targets an annual short-term incentive equal to 100 % of salary. Should the contract be terminated without cause or for good reason before the planned retirement date, Duvall will receive remaining base pay, full STIP, accelerated vesting of equity paid in cash, and a $950k lump-sum.
Upon on-schedule retirement, he will qualify for full STIP and continued cash-settled vesting. A separate Transition Agreement will retain him as a part-time advisor from 1 Jun 2026 through 31 Dec 2027 at $50k per month, with make-whole protection if ended early. No related-party transactions or family relationships were disclosed. A confirming press release is attached as Exhibit 99.1.