Company overview
What does CTS CORP do?
CTS CORP (CTS) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 3672 (Printed Circuit Boards).
What does CTS CORP do?
CTS CORP (CTS) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 3672 (Printed Circuit Boards).
What industry is CTS CORP in?
Industrials · Printed Circuit Boards
What was CTS CORP's latest reported revenue?
$139.2M for Q1 2026, from 10-Q filed Apr 29, 2026.
What changed in the latest comparable period?
Revenue increased +10.7% ($125.8M to $139.2M; Q1 2025 vs Q1 2026).
Business model (from the public record)
Belvedere describes the business using the issuer’s SEC classification and the company description extracted from public filings. Segment mix, customer identity, and recurring-versus-transactional revenue are shown only when those facts are identified in the filing extract—not inferred.
Industrials · Printed Circuit Boards · United States
Financial profile
- Revenue
- $139.2M 10-Q · Q1 2026 · Filed Apr 29, 2026
- Revenue growth YoY
- +10.7% Belvedere calculation · 10-Q · Q1 2026 · Filed Apr 29, 2026
- Gross margin
- +39.5% Belvedere calculation · 10-Q · Q1 2026 · Filed Apr 29, 2026
- Operating margin
- +15.8% Belvedere calculation · 10-Q · Q1 2026 · Filed Apr 29, 2026
- Net income
- $17.2M 10-Q · Q1 2026 · Filed Apr 29, 2026
- Operating cash flow
- $17.3M 10-Q · Q1 2026 · Filed Apr 29, 2026
- Capex
- $5M 10-Q · Q1 2026 · Filed Apr 29, 2026
- Belvedere FCF
- $12.3M Belvedere calculation · 10-Q · Q1 2026 · Filed Apr 29, 2026
- FCF margin
- +8.8% Belvedere calculation · 10-Q · Q1 2026 · Filed Apr 29, 2026
- Cash
- $90.9M 10-Q · Mar 31, 2026 · Filed Apr 29, 2026
- Debt
- — Not identified in latest matched XBRL period
- Net debt
- -$90.9M Belvedere calculation · 10-Q · Mar 31, 2026 · Filed Apr 29, 2026
- Shares
- 28,624,587 10-Q · Mar 31, 2026 · Filed Apr 29, 2026
Balance sheet snapshot
Cash $90.9M. Identified debt —. Net debt -$90.9M. Missing debt tags are not treated as a zero-debt capital structure.
Financial information is derived from public filings and other identified sources. Belvedere calculations may differ from company-defined non-GAAP measures. See methodology and source notes. Valuation multiples are omitted because a licensed market-data provider is not configured.
Latest filings
| Form | Filed | Period | Accession | Source |
|---|---|---|---|---|
| 10-Q | Jul 28, 2026 | Jun 30, 2026 | 0001193125-26-320492 | SEC |
| 8-K | Jul 28, 2026 | Jul 28, 2026 | 0001193125-26-318919 | SEC |
| 8-K | Jul 28, 2026 | Jul 28, 2026 | 0001193125-26-318911 | SEC |
| 8-K | Jun 25, 2026 | Jun 25, 2026 | 0001193125-26-282712 | SEC |
| 8-K | May 19, 2026 | May 14, 2026 | 0001193125-26-230702 | SEC |
| 10-Q | Apr 29, 2026 | Mar 31, 2026 | 0001193125-26-190431 | SEC |
| 8-K | Apr 29, 2026 | Apr 29, 2026 | 0001193125-26-189091 | SEC |
| 8-K | Apr 29, 2026 | Apr 29, 2026 | 0001193125-26-189074 | SEC |
| DEF 14A | Apr 2, 2026 | Apr 2, 2026 | 0001193125-26-140010 | SEC |
| 10-K | Feb 24, 2026 | Dec 31, 2025 | 0001193125-26-067039 | SEC |
| 8-K | Feb 10, 2026 | Feb 10, 2026 | 0001193125-26-043742 | SEC |
What changed
Each line is an arithmetic comparison of sourced facts. It is not a thesis.
Research view
Belvedere has not published an initiation or update on CTS CORP. Universe inclusion is not a rating, a forecast, or coverage in the sell-side sense.
Research Radar
| Kind | Change | Explanation | Source | Date |
|---|---|---|---|---|
| Revenue | +10.7% | Revenue increased +10.7% ($125.8M to $139.2M; Q1 2025 vs Q1 2026). | 10-Q · Revenues | Apr 29, 2026 |
| Margin change | $0.395 | Reported gross margin was +39.5% in the latest comparable period. | 10-Q · BelvedereGrossMargin | Apr 29, 2026 |
| Cash generation | $17.3M | Net cash provided by operating activities was $17.3M. | 10-Q · NetCashProvidedByUsedInOperatingActivities | Apr 29, 2026 |
| Cash | $90.9M | Cash and cash equivalents were $90.9M as of the latest reported balance-sheet date. | 10-Q · CashAndCashEquivalentsAtCarryingValue | Apr 29, 2026 |
| Share count | $28.6M | Shares outstanding were 28,624,587 as of the latest reported date. | 10-Q · CommonStockSharesOutstanding | Apr 29, 2026 |
Rankings
- Highest Free Cash Flow Margins · rank 10 · +8.8%
- Strongest Balance Sheets · rank 48 · +11.7%
- Companies With Revenue Growth and Positive Free Cash Flow · rank 8 · +10.7%
- Industrial Companies by Revenue Growth · rank 14 · +10.7%
Industry context
CTS CORP is mapped to Industrials (Printed Circuit Boards) from SIC metadata on the SEC submission. Mapping is a classification convenience, not a claim that every peer is economically comparable.
Belvedere Research Profile
This measures researchable information characteristics. It is not investment advice, a credit rating, or a buy/sell/hold recommendation.
Presence of core income-statement, cash-flow and balance-sheet concepts in SEC XBRL.
Comparable-period revenue history and operating-result availability.
Availability of margin, cash-flow and per-share concepts used in screening.
SEC periodic reports, current reports, proxy statement and website identified in submissions.
Distinct filing years in the current archive window plus comparable prior-period revenue.
Risks
Belvedere does not manufacture generic risk language. Material risks are those the issuer discloses in its periodic reports, particularly Item 1A of the latest Form 10-K.
Open latest Form 10-K on SEC.govSources
- Source
- U.S. Securities and Exchange Commission
- Form
- 10-Q
- Period
- Q1 2026
- Filed
- Apr 29, 2026
- Accession
- 0001193125-26-190431
- Concept
- Revenues
- Source
- U.S. Securities and Exchange Commission
- Form
- 10-Q
- Period
- Q1 2026
- Filed
- Apr 29, 2026
- Accession
- 0001193125-26-190431
- Concept
- BelvedereRevenueGrowthYoY
(Revenues 2026-03-31 / Revenues 2025-03-31) - 1
View filing- Source
- U.S. Securities and Exchange Commission
- Form
- 10-Q
- Period
- Q1 2026
- Filed
- Apr 29, 2026
- Accession
- 0001193125-26-190431
- Concept
- BelvedereFreeCashFlow
Net cash provided by operating activities − payments to acquire property, plant and equipment
View filing- Source
- U.S. Securities and Exchange Commission
- Form
- 10-Q
- Period
- Mar 31, 2026
- Filed
- Apr 29, 2026
- Accession
- 0001193125-26-190431
- Concept
- CashAndCashEquivalentsAtCarryingValue
Disclosure
Belvedere Research publishes informational analysis. Nothing on this site is investment advice, an offer, or a solicitation to buy or sell any security.
This page is a company intelligence / data profile. It is not a research report unless a dated note is attached above. Rankings appearing here are independent of any issuer compensation.
Frequently asked questions
- What does CTS CORP do?
- CTS CORP (CTS) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 3672 (Printed Circuit Boards).
- What industry is CTS CORP in?
- CTS CORP is classified in Industrials (Printed Circuit Boards).
- When did CTS CORP last file a periodic report?
- CTS CORP last filed a 10-Q on Jul 28, 2026 (accession 0001193125-26-320492).
- What was CTS CORP's latest revenue?
- $139.2M for Q1 2026, sourced from 10-Q filed Apr 29, 2026.
- Does Belvedere cover CTS CORP?
- CTS CORP is in the Belvedere universe. Presence in the universe is not the same as active initiation coverage.