Core Molding Technologies reported third-quarter fiscal 2026 total net revenues of $90.2 million, a 54.4% increase from the prior year period, driven by production revenue growth of 19.7% to $64.8 million and significant tooling project revenue of $25.4 million. Diluted earnings per share were $0.17, down from $0.22 in the year-ago quarter, as gross margins contracted to 14.8% due to one-time commissioning costs at its new Mexico facility and higher input costs. Adjusted net income rose to $2.9 million, or $0.33 per diluted share, compared to $0.24 per share previously. The company also announced that capital expenditures for the full year are expected to be between $28 million and $30 million, including approximately $20 million for its Mexico expansion project. Core Molding Technologies is a leading engineered materials company specializing in molded structural products for the trucking, powersports, building products, and industrial sectors.
