CVD Equipment Corporation (NASDAQ: CVV) announced its financial results for the fourth quarter and fiscal year ended December 31, 2025, revealing a notable decline in revenue. For the fourth quarter, the company reported revenue of $5.0 million, a decrease of 33.1% year-over-year, primarily attributed to lower revenue from CVD systems. The company also reported a net loss of $1.3 million, or $0.18 per share, compared to a net income of $0.1 million, or $0.02 per share, in the same quarter of the previous year. The decline in revenue was driven by reduced demand in the CVD Equipment division and a backlog of $6.6 million at the end of the quarter, down from $8.0 million in the previous quarter. Additionally, CVD Equipment announced a workforce reduction aimed at cutting annual operating costs by approximately $1.8 million in fiscal 2026. The company is also pursuing a strategic divestiture of its SDC division, which is expected to close in the second quarter of 2026 for approximately $16.9 million in cash. This divestiture is part of the company's strategy to enhance financial flexibility and focus on its core business operations.

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