Commercial Vehicle Group Inc's Business Segments
Commercial Vehicle Group Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Revenue Share by Reportable Segment - Q1 FY2026
- Global Seating43.6%
- Global Electrical Systems33.6%
- Trim Systems and Components23.2%
Revenue by Reportable Segment - Q1 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Global Seating | $ 75 | 43.6% |
| Global Electrical Systems | $ 57 | 33.6% |
| Trim Systems and Components | $ 40 | 23.2% |
Revenue by Product & Service Category - Q1 FY2026
- Seats41.7%
- Plastic and Trim Components17.4%
- Electrical wire harnesses, panels and assemblies1.1%
- Mirrors, wipers and controls0.9%
Revenue by Product & Service Category - Q1 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Seats | $ 71 | 41.7% |
| Plastic and Trim Components | $ 30 | 17.4% |
| Electrical wire harnesses, panels and assemblies | $ 2 | 1.1% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Description of Commercial Vehicle Group Inc
Commercial Vehicle Group, Inc. is a Delaware (USA) corporation. We were formed as a privately-held company in August 2000. We became a publicly held company in 2004. The Company (and its subsidiaries) is a leading supplier of a full range of cab related products and systems for the global commercial vehicle market, including the medium-and heavy-duty truck (“MD/HD Truck”) market, the medium-and heavy-construction vehicle market, and the military, bus, agriculture, specialty transportation, mining, industrial equipment and off-road recreational markets.
The Company has manufacturing operations in the United States, Mexico, United
Kingdom, Czech Republic, Ukraine, China, India and Australia. Our products are
primarily sold in North America, Europe, and the Asia-Pacific region.
Our products include seats and seating systems (“Seats”); trim systems
and components (“Trim”); cab structures, sleeper boxes, body panels
and structural components; mirrors, wipers and controls; and electronic wire
harness and panel assemblies specifically designed for applications in commercial
and other vehicles.
We are differentiated from automotive industry suppliers by our ability to manufacture
low volume, customized products on a sequenced basis to meet the requirements
of our customers. We believe our products are used by a majority of the North
American MD/HD Truck and certain leading global construction and agriculture
original equipment manufacturers (“OEMs”), which we believe creates
an opportunity to cross-sell our products.
Global Truck and Bus Segment Products
Set forth below is a brief description of our products manufactured in the GTB
Segment and their applications:
Seats and Seating Systems. We design, engineer and produce Seats for MD/HD Truck,
and bus applications. For the most part, our Seats are fully-assembled and ready
for installation when they are delivered to the OEM. We offer a wide range of
seats that include mechanical and air suspension seats, static seats, bus seats
and military seats. As a result of our product design and product technology,
we believe we are a leader in designing seats with convenience and enhanced
safety features. Our Seats are designed to achieve a high level of operator
comfort by adding a wide range of manual and power features such as lumbar support,
cushion and back bolsters, and leg and thigh support. Our Seats are built to
meet customer requirements in low volumes and produced in numerous feature combinations
to form a full-range product line with a wide level of price points. We also
manufacture seats, and parts and components for the aftermarket.
Trim Systems and Components. We design, engineer and produce Trim for MD/HD
Truck, and recreational and specialty vehicle applications. Our Trim products
are used mostly for interior cabs of commercial vehicles as well as exterior
components for commercial recreational and specialty vehicles. Our Trim products
are designed to provide a comfortable and durable interior along with a variety
of functional and safety features for the vehicle occupant. The wide variety
of features that can be selected makes Trim a complex and highly specialized
product category. Set forth below is a brief description of our principal products
in the Trim category:
Trim Products. Our trim products include door panels and other interior trim
panels. Specific components include vinyl or cloth-covered appliqués,
armrests, map pocket compartments, and sound-reducing insulation ranging from
a traditional cut and sew approach to a contemporary molded styling theme.
Instrument Panels. We produce and assemble instrument panels that can be integrated
with the rest of the interior trim. The instrument panel is a complex system
of coverings and foam, plastic and metal parts designed to house various components
and act as a safety device for the vehicle occupant.
Headliners/Wall Panels. Headliners and wall panels consist of a substrate and
a finished interior layer made of fabrics and other materials. While headliners
and wall panels are an important contributor to interior aesthetics, they also
provide insulation from road noise and can serve as carriers for a variety of
other components, such as visors, overhead consoles, grab handles, coat hooks,
electrical wiring, speakers, lighting and other electronic and electrical products.
Storage Systems. Our modular storage units and custom cabinetry are designed
to improve comfort and optimize space for the operator. These storage systems
are designed to be integrated with the interior trim.
Floor Covering Systems. We have an extensive and comprehensive portfolio of
floor covering systems and dash insulators. Carpet flooring systems generally
consist of tufted or non-woven carpet with a thermoplastic backcoating. Non-carpeted
flooring systems, used primarily in commercial and fleet vehicles, offer improved
wear and maintenance characteristics.
Sleeper Bunks. We offer a wide array of design choices for upper and lower sleeper bunks for heavy trucks. All parts of our sleeper bunks can be integrated to match the rest of the interior trim.
Grab Handles and Armrests. Our grab handles and armrests are designed and engineered
with specific attention to aesthetics, ergonomics and strength.
Privacy Curtains. We produce privacy curtains for use in sleeper cabs.
Plastics Decorating and Finishing. We offer customers a wide variety of cost-effective
finishes in paint, ultra violet, hard coating and customized industrial hydrographic
films, paints and other interior and exterior finishes (simulated appearance
of wood grain, carbon fiber, brushed metal, marbles, camouflage and custom patterns).
Cab Structures, Sleeper Boxes, Body Panels and Structural Components. We design,
engineer and produce complete cab structures, sleeper boxes, body panels and
structural components for MD/HD Trucks. Set forth below is a brief description
of our principal products in this category:
Cab Structures. We design, manufacture and assemble complete cab structures.
Our cab structures, which are manufactured from both steel and aluminum, are
delivered fully assembled and primed for paint.
Sleeper Boxes. We design, manufacture and assemble sleeper boxes that can be
part of the overall cab structure or standalone assemblies depending on the
customer application.
Bumper Fascias and Fender Liners. We design and manufacture durable, lightweight bumper fascias and fender liners.
Body Panels and Structural Components. We produce a wide range of both steel
and aluminum large exterior body panels and structural components for use in
production of cab structures and sleeper boxes.
Mirrors, Wipers and Controls. We design, engineer and produce a variety of mirrors,
wipers and controls used in commercial vehicles. Set forth below is a brief
description of our principal products in this category:
Mirrors. We offer a range of round, rectangular, motorized and heated mirrors and related hardware, including brackets, braces and side bars. We have introduced both road and outside temperature devices that can be mounted on the cab integrated into the mirror face and the vehicle’s dashboard through our RoadWatch™ family of products.
Windshield Wiper Systems. We offer application-specific windshield wiper systems
and individual windshield wiper components.
Controls. We offer a range of controls and control systems for window lifts,
door locks and electric switch products.
Global Truck and Bus Segment Raw Materials and Suppliers
A description of the principal raw materials we utilize in our GTB Segment’s
principal product categories is set forth below:
Seats and Seating Systems. The principal raw materials used in our Seats include
steel, resin-based products and foam products and are generally readily available
and obtained from multiple suppliers under various supply agreements. Leather,
vinyl, fabric and certain components are also purchased from multiple suppliers.
Trim Systems and Components. The principal raw materials used in our Trim are
resin and chemical products, foam, vinyl and fabric which are formed and assembled
into end products. These raw materials are generally readily available from
multiple suppliers.
Cab Structures, Sleeper Boxes, Body Panels and Structural Components. The principal
raw materials used in our cab structures, sleeper boxes, body panels and structural
components are steel and aluminum, the majority of which we purchase in sheets
or coils. These raw materials are generally readily available and obtained from
multiple suppliers.
Mirrors, Wipers and Controls. The principal raw materials used to manufacture
our mirrors, wipers and controls are steel, stainless steel, aluminum and rubber,
which are generally readily available and obtained from multiple suppliers.
We also purchase sub-assembled products such as motors for our wiper systems
and mirrors.
