Business
Graham Corporation Reports Third Quarter Fiscal 2026 Results
BATAVIA, N.Y., February 06, 2026--Graham Corporation (NYSE: GHM) ("GHM" or the "Company"), a global leader in the design and manufacture of mission critical fluid, power, heat transfer, vacuum, and advanced mixing technologies for the Defense, Energy & Process, and Space industries, today reported financial results for its third quarter for the fiscal year ending March 31, 2026 ("fiscal 2026").
About this update from Graham Corporation
[{"type":"text","content":"Third Quarter Fiscal 2026 Highlights:","length":37,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue increased 21% to $56.7 million","length":38,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Gross profit increased 15% to $13.5 million; Gross profit margin was 23.8%","length":74,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net income per diluted share increased 79% to $0.25; adjusted net income per diluted share1 increased 72% to $0.31","length":114,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA1 increased 50% to $6.0 million; Adjusted EBITDA margin1 was 10.7%","length":81,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Orders2 were $71.7 million; Book-to-Bill ratio2 of 1.3x and record backlog2 of $515.6 million","length":93,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Strong balance sheet with no debt, $22.3 million in cash, and access to $43.0 million under its revolving credit facility at quarter end to support growth initiatives","length":166,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Updating and increasing full year fiscal 2026 guidance; Remain on track to reach strategic goal of 8% to 10% annual organic revenue growth and low to mid-teen Adjusted EBITDA margins1 by fiscal 2027","length":198,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":764,"olType":false},{"type":"text","content":"BATAVIA, N.Y., February 06, 2026--(BUSINESS WIRE)--Graham Corporation (NYSE: GHM) ("GHM" or the "Company"), a global leader in the design and manufacture of mission critical fluid, power, heat transfer, vacuum, and advanced mixing technologies for the Defense, Energy & Process, and Space industries, today reported financial results for its third quarter for the fiscal year ending March 31, 2026 ("fiscal 2026").","length":448,"tagName":"p"},{"type":"text","content":"Graham’s President and Chief Executive Officer, Matthew J. Malone stated, "Our third quarter results reflect continued strong, disciplined execution across the organization as we progress through the back half of fiscal 2026. Revenue growth and profitability were driven by solid performance across our end markets and supported by a record backlog, which provides me...