Graham Corporation · NYSE:GHM
Graham — Q4 2026 Earnings Presentation
17 slides from Graham's earnings presentation, Jun 8, 2026
Slide 1: Fourth Quarter & Full-Year Fiscal 2026 Financial Results
Fourth Quarter & Full-Year Fiscal 2026 Financial Results June 8, 2026 GRAHAM CORPORATION 1 © 2025 GRAHAM CORPORATION, ALL RIGHTS RESERVED
Slide 2: Safe Harbor Statement
Safe Harbor Statement Safe Harbor Regarding Forward Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are
Slide 3: Financial Highlights
Strong Fourth Quarter & Full-Year Performance Driven by Strong End- Financial Highlights Market Demand and Robust Backlog 4Q26 Highlights FY26 Highlights Graham is a GLOBAL LEADER in the design and manufacture of $67.1M Revenue $245.3M Revenue mission-critical fluid, power, heat transfer, vacuum, an
Slide 4: Organic Investments Fueling Future Growth
Organic Investments Fueling Future Growth Strategic >20% ROIC(1) projects nearing completion will drive sustainable growth DEFENSE ENERGY & PROCESS SPACE GRAHAM CORPORATE New Navy Facility in Renovated Assembly & Cryogenic Test Facility in IT infrastructure upgrade Batavia, NY completed in T
Slide 5: Completed Strategic Facility Expansions
Completed Strategic Facility Expansions New Navy Facility in Batavia, NY (Completed 2QFY26) Cryogenic Test Facility in Jupiter, FL (Completed 4QFY26) Assembly & Test Facility at Barber Nichols (Completed 1QFY26) Liquid Nitrogen Testing at Barber Nichols (Completed 2QFY26) 5
Slide 6: Revenue Performance
Revenue Performance ($ in millions; narrative compared with prior-year period unless otherwise noted) QUARTERLY Q4 FY26 sales up $7.7 million or 13% $80.0 + 20% Defense $70.0 + 14% Space $60.0 $66.0 $67.1 $50.0 $59.3 $56.7 + 1% Energy & Process $55.5 $40.0 - 24% Aftermarket $30.0 $20.0 $10.0 Revenue
Slide 7: Strong Gross Profit & Margin
QUARTERLY ANNUAL $16.5 27.0% 26.5% 28.0% $70.0 26.0% 21.7% 25.2% $16.0 23.8% 22.7% 23.0% $60.0 25.0% $15.5 $50.0 23.5% $15.0 18.0% 24.0% $14.5 $40.0 13.0% 23.0% $14.0 $30.0 $13.5 8.0% 22.0% $20.0 $13.0 21.9% 3.0% $10.0 21.0% Strong Gross Profit & Margin $12.5 $12.0 $16.0 $14.7 $14.3 $13.5 $15.3 -2.0
Slide 8: Adjusted EBITDA & Adjusted Net Income, Adj. Net Income Per Diluted Share & Margin
Adjusted EBITDA & Adjusted Net Income, Adj. Net Income Per Diluted EBITDA Margins(1) Share & Margin(1) ($ in millions except per share data) ($ in millions except per share data) Net Income per diluted share Adj. Net Income per diluted Q UA R T E RLY Q UA R T E RLY share $0.45 Percentages are net in
Slide 9: Long-Term Demand For Graham Diversified Portfolio
Total Orders(1) Backlog(1) Defense $532.6 $500.1 $515.6 Commercial $359.4 $482.9 $76.9 $82.5 $412.3 $65.1 $75.8 $107.2 $268.4 $71.7 $231.1 $202.7 $91.0 $96.5 $143.9 $86.0 $424.3 $438.8 $450.1 $417.8 $252.2 $340.6 $80.7 $177.4 $116.7 $134.6 $63.2 Long-Term Demand FY22 FY23 FY24 FY25 FY26 Q4 FY25 Q1 F
Slide 10: Balance Sheet & Liquidity
Balance Sheet & Liquidity CAPITAL DEPLOYED BASED ON HIGHEST RISK-ADJUSTED RETURNS TO MAXIMIZE LONG-TERM SHAREHOLDER VALUE FY26 Overview Capital Allocation Framework STRONG BALANCE SHEET $15.9 Cash provided by operating activities 01 M • Strong cash generation and fiscal discipline • Reduced $4M due
Slide 11: FY27 Financial Outlook
(As of June 8, 2026) Fiscal 2027 Guidance Net Sales $285 million to $295 million Gross Margin 24.5% to 25.5% of sales SG&A expense (including amortization)(1)(2) 16.5% to 17.5% of sales Adjusted EBITDA(2)(3)(4) $35 million to $40 million Effective Tax Rate 18% to 20% Capital Expenditures $18.0 milli
Slide 12: Advancing Toward Long-Term Goals with Strategic Actions
Advancing Toward Long-Term Goals with Strategic Actions Expanded Capital and R&D Proven Track Record of Operational Excellence to Disciplined and Strategic to Support Growth Strong, Consistent Drive Continuous Capital Allocation with M&A Initiatives; Targeted ROIC(3) Performance Improvement as an Ac
Slide 13: Q&A
Q&A 13
Slide 14: Appendix
Appendix 14
Slide 15: Key Performance Metrics
Key Performance Metrics Key Performance Indicators In addition to the non-GAAP measures used in this presentation, The book-to-bill ratio is an operational measure that management management uses the following key performance metrics to uses to track the growth prospects of the Company. The Company
Slide 16: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation Adjusted EBITDA Reconciliation (Unaudited, $ in thousands) Three Months Ended Year Ended March 31, March 31, 2026 2025 2026 2025 Net income $ 1,970 $ 4,395 $ 12,500 $ 12,230 Acquisition & integration expense (income), net 1,148 (270) 1,305 (1,170) ERP Implementation co
Slide 17: Adjusted Net Income & Adjusted Diluted EPS Reconciliation
Adjusted Net Income & Adjusted Diluted EPS Reconciliation Three Months Ended Year Ended March 31, March 31, 2026 2025 2026 2025 Net income $ 1,970 $ 4,395 $ 12,500 $ 12,230 Acquisition & integration expense (income), net 1,148 (270) 1,305 (1,170) Amortization of intangible assets 999 555 2,506 2,218