Every material Form 8-K CORE MOLDING TECHNOLOGIES INC has filed with the SEC since September 28, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Core Molding Technologies reported third-quarter 2026 results for the period ended September 30, 2026. Total net revenue rose 54.4% to $90.2 million, helped by $25.4 million of tooling project revenue, but net income fell to $1.5 million, or $0.17 per diluted share, from $1.9 million, or $0.22, a year earlier, with the company citing Mexico start-up costs, footprint optimization and higher input costs. The company said it continues to expect full-year net sales to be flat to up about 5% and gross margins of 16% to 17%.
Total net revenue was $90.2 million, up from $58.4 million; tooling project revenue was $25.4 million versus $4.3 million a year earlier.
Net income was $1.5 million, or $0.17 per diluted share, versus $1.9 million, or $0.22; adjusted net income was $2.9 million, or $0.33 per diluted share, versus $0.24.
Gross margin was 14.8% versus 17.4% a year earlier; excluding tooling project mix and Monterrey commissioning charges, it was 18.6%.
Full-year 2026 outlook: net sales flat to up approximately 5% and gross margins of 16% to 17%; cash was $5.4 million at September 30, 2026.
Core Molding Technologies furnished slides from its September 28, 2026 investor day under Item 7.01, with the presentation attached as Exhibit 99.1 and posted on its website. The slides show trailing-twelve-month revenue fell from $377 million in 2022 to $254 million through the second quarter of 2026, while the company says its adjusted EBITDA margin improved from 8.7% in 2025 to 11.2%, which it presents as the result of its operating turnaround.
Trailing-twelve-month revenue of $254 million through Q2 2026, versus $274 million in 2025 and $377 million in 2022 per the slides
Adjusted EBITDA margin improved from 8.7% in 2025 to 11.2% per the slides; adjusted EBITDA is a non-GAAP measure
Slides cite $89 million of incremental annual revenue from new wins over 18 months and $210 million of annual revenue in active quotes
CEO Eric Palomaki and CFO Alex Panda are among presenters; the company says it aims to reach $500 million in revenue through economies of scale
Core Molding Technologies said Michael J. Gayford has been promoted to Chief Operating Officer, effective immediately on September 28, 2026. He takes operational responsibility for the company's North American operations, and the Mexico operations executive will report to him. The filing describes this as an internal promotion, with no change in the company's reported financial results.
Michael J. Gayford named Chief Operating Officer effective September 28, 2026
Gayford joined the company in March 2023 as Vice President of Operations and was promoted to Executive Vice President of Operations in 2025
Arnold Alanis, Executive Vice President of Operations in Mexico, will report to Gayford
Gayford has more than 25 years of manufacturing, engineering and operational leadership experience, including more than 17 years in composite manufacturing
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