CECO ENVIRONMENTAL CORP (CECO) CECO Environmental Corp. provides critical solutions in industrial air quality, industrial water treatment, and energy transition solutions in the United States, the United Kingdom, the Netherlands, China, and internationally. It operates through Engineered Systems and Industrial Process Solutions segments. The company offers emissions management, fluid bed cyclones, thermal acoustics, and separation and filtration solutions; engineering services and environmental systems; and industrial exhaust air contamination treatment and control systems, solutions, and services, as well as intelligent control solutions. It also provides engineered and configured products and solutions, including dampers and diverters, expansion joints, selective catalytic reduction systems, severe-service and industrial cyclones, dust collectors, thermal oxidizers, filtration systems, wet and dry scrubbers, separators and coalescers, water treatment packages, metallic and non-metallic pumps, industrial silencers, and fluid handling equipment, as well as plant engineering services and engineered design build fabrication services. In addition, the company offers solutions for air pollution and contamination control, fluid handling, and process filtration in various applications, such as aluminum beverage can production, automobile production, food and beverage processing, semiconductor fabrication, electronics production, steel and aluminum mill processing, wood manufacturing, desalination, and aquaculture markets. It markets its power generation, hydrocarbon processing, water/wastewater treatment, oily water separation and treatment, marine and naval vessels, and midstream oil and gas sectors. CECO Environmental Corp. was founded in 1869 and is headquartered in Addison, Texas.
Sector: Industrial & Commercial Fans & Blowers & Air Purifing Equip
Industry: Industrial - Pollution & Treatment Controls
CECO Environmental Corp. TXSE:CECO Industrials · Industrial - Pollution & Treatment Controls
AH Close $47.80 vs close AH Close $47.80 +0.02% vs close
All Press Release SEC Filings News
SEC Filing ● Major ⚠ 2
CECO: 25 · delisting
CECO Environmental Corp. filed a Form 25 on October 16, 2026 to voluntarily withdraw its common stock (par value $0.01) from listing and registration on The NASDAQ Stock Market LLC under Section 12(b) of the Exchange Act.
The filing was made under 17 CFR 240.12d2-2(c), the provision used when the issuer certifies it has complied with exchange rules for voluntary withdrawal — the mechanism most commonly invoked after a merger or take-private has closed and the shares are being converted into cash consideration.
The filing was signed by CFO Peter Johansson and contains no financial terms. Shareholders should expect the shares to stop trading on Nasdaq, with any merger consideration paid under the terms of the previously announced transaction.
This filing's schema does not define a dedicated Section 15(d) deregistration event; the classification 'other' reflects the removal from Exchange Act Section 12(b) registration.
SEC 25 • 10d ago SEC Filing ⚠ 2
CECO: 8-K · delisting
CECO Environmental announced on October 2, 2026 that its Board approved voluntarily transferring the primary listing of its common stock from the Nasdaq Global Select Market to the Texas Stock Exchange (TXSE).
Nasdaq trading is expected to end at market close on October 16, 2026, with TXSE trading beginning at market open on October 19, 2026 under the same ticker symbol CECO and existing CUSIP.
The company says the transfer will not affect operations, financial condition, reporting obligations, or stockholder rights, and CECO becomes the first multi-industrial company to list primarily on TXSE, aligning with its Addison, Texas headquarters.
SEC 8-K • 21d ago AI analysis › Press Release ⚠ 1
CECO Environmental to Transfer U.S. Stock Exchange Listing to the Texas Stock Exchange
CECO Environmental will voluntarily transfer its primary listing from the Nasdaq Global Select Market to the Texas Stock Exchange, with Nasdaq trading ending October 16, 2026 and TXSE trading beginning October 19, 2026.
The stock keeps the CECO ticker and existing CUSIP, and the company says the move does not affect operations, reporting obligations, or stockholders' rights.
CECO becomes the first multi-industrial company to list primarily on the new TXSE, which the CEO frames as alignment with its Addison, Texas headquarters and the state's business growth.
• 24d ago AI analysis › Press Release
CECO Environmental Announces Upcoming Investor Conferences
CECO Environmental announced that management will participate in three investor conferences in September 2026: the Jefferies Industrials Conference on Sept. 9, the Lake Street Best Ideas Growth Conference on Sept. 10, and the Morgan Stanley Laguna Conference on Sept. 15.
Presentation materials from these events will be posted to the Investor Relations section of the company's website at www.cecoenviro.com.
• 2mo ago AI analysis › SEC Filing ● Major ⚠ 7
CECO: 10-Q · periodic report
CECO Environmental's Q2 2026 net sales jumped 53.7% year over year to $285.0 million, including 44% organic growth, but the company swung to a GAAP net loss of $34.8 million ($0.80 per share) from $9.5 million of net income a year ago, driven by $45.5 million of acquisition and integration expense. Non-GAAP operating income rose to $32.1 million (11.3% margin) from $18.3 million (9.9%).
The filing details the completed $2.26 billion merger with Thermon Group Holdings, which closed June 1, 2026, generating $1.21 billion of goodwill, $911 million of intangibles, and a new Thermal Solutions segment. The deal was funded with an upsized $740 million revolver and a $235 million term loan, lifting total borrowings to $727.7 million from $212.4 million at year-end, while 22.5 million new shares grew the share count roughly 64% to 58.6 million.
Demand is the standout positive: Q2 orders booked surged 192% to $798.5 million and backlog more than doubled to a record $1.82 billion from $793.1 million at December 31, 2025, driven by emissions and exhaust systems for large-scale natural gas power generation projects. Thermon contributed $49.6 million of revenue and $262.0 million of backlog in its first month under CECO ownership.
Key risks include management's conclusion that disclosure controls and procedures were not effective as of June 30, 2026 due to unremediated material weaknesses in internal control over financial reporting, plus gross margin compression to 30.3% from 36.2%, a $9.5 million inventory step-up charge, and $8.9 million of Thermon executive transition costs.
SEC 10-Q • 2mo ago AI analysis › Press Release ● Major ⚠ 2
CECO Environmental Reports Second Quarter 2026 Results
CECO reported Q2 revenue of $285.0 million, up 54% year-over-year, driven by record orders of $798.5 million and a backlog exceeding $1.8 billion following the Thermon acquisition.
Adjusted EBITDA increased 73% to $40.2 million with a 14.1% margin, while GAAP net income swung to a loss of $(34.8) million due to acquisition and integration costs.
Management raised full-year 2026 guidance, projecting revenue of $1.30B-$1.375B and Adjusted EBITDA of $200M-$225M, citing synergy capture ahead of plan.
• 2mo ago AI analysis › Press Release ⚠ 2
CECO Environmental Announces Rescheduling of Second Quarter 2026 Earnings Release and Conference Call to August 10
CECO Environmental has rescheduled its second quarter 2026 earnings release and conference call from August 6 to August 10, citing the need for additional time to complete financial reporting processes following the acquisition of Thermon Group Holdings.
CEO Todd Gleason stated that the integration with Thermon is proceeding ahead of schedule with strong market growth, but the complexity of the first consolidated reporting period required a brief delay.
The company continues to expect to timely file its Quarterly Report on Form 10-Q, with financial results set to be released premarket on August 10.
• 2mo ago AI analysis › SEC Filing ⚠ 3
CECO: 8-K/A · acquisition merger
CECO Environmental Corp. filed an amendment to its Form 8-K to provide the unaudited pro forma condensed combined financial information for its completed acquisition of Thermon Group Holdings, Inc. The amendment was necessary to satisfy Item 9.01(b) requirements after the original filing omitted these details.
The transaction, valued at approximately $2.26 billion, was funded through a stock-and-cash consideration alongside $525 million in new debt financing comprised of an incremental term loan and revolving credit borrowings.
Pro forma results for the year ended December 31, 2025, show combined net sales of $1.30 billion and a net loss of $17.2 million. For the three months ended March 31, 2026, the combined entity reported net sales of $354.3 million and a net loss of $11.4 million.
SEC 8-K/A • 2mo ago Press Release
CECO Environmental to Release Second Quarter 2026 Earnings and Host Conference Call on August 6
CECO Environmental announced it will report its second quarter 2026 financial results on August 6, 2026, before the market opens.
The company will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day.
A live webcast and replay will be available on the company's website.
• 3mo ago AI analysis › Press Release ● Major
CECO Environmental Provides Post-Closing Update on Thermon Transaction
CECO Environmental confirmed its acquisition of Thermon Group Holdings closed on June 1, 2026, with integration activities proceeding on track and no operating challenges reported.
The company provided full-year 2026 guidance for the combined entity, projecting revenue between $1.275 billion and $1.375 billion, representing approximately 20% year-over-year growth at the midpoint.
Adjusted EBITDA is expected to range from $195 million to $225 million, up 25% year-over-year, with management targeting free cash flow generation of at least 55% of Adjusted EBITDA.
CEO Todd Gleason highlighted strong order momentum in power generation, data centers, and semiconductors, noting that legacy CECO businesses have already booked record orders in early June.
• 4mo ago AI analysis › Press Release ● Critical
CECO Environmental Completes Acquisition of Thermon Group Holdings
CECO Environmental has completed its strategic acquisition of Thermon Group Holdings, a global leader in industrial process heating solutions.
The combined company will continue to operate under the CECO name, led by CEO Todd Gleason, with the board expanded to include two former Thermon directors, Victor Richey and Marcus George.
Former Thermon shareholders received cash and/or CECO stock at their election. CECO will host a conference call on June 9 to discuss integration and synergy matters.
• 4mo ago AI analysis › Press Release ● Critical
CECO Environmental and Thermon Group Holdings Announce that their respective Stockholders Approved the Strategic Combination and Provide Update on Election Results
CECO and Thermon announced that stockholders for both companies overwhelmingly approved their strategic combination, with 99.93% of CECO votes and 99.97% of Thermon votes cast in favor.
The transaction is expected to close on or around June 1, 2026, subject to customary closing conditions. This vote removes the primary regulatory and shareholder hurdle to finalizing the deal.
Thermon shareholders elected their form of consideration: 41.18% chose stock (prorated to $1.48 cash and 0.7920 CECO shares), 6.50% chose all cash ($63.89), and 19.22% chose a mix ($10.00 cash and 0.6840 CECO shares). Non-electors receive the mixed consideration.
• 4mo ago AI analysis › Press Release
CECO Environmental and Thermon Group Holdings Announce Election Deadline for Thermon Stockholders to Elect Form of Merger Consideration
CECO Environmental and Thermon Group Holdings announced that the deadline for Thermon stockholders to elect their form of merger consideration is May 22, 2026.
Thermon shareholders may choose between 0.8110 shares of CECO stock, $63.89 in cash, or a mix of 0.6840 CECO shares and $10.00 cash.
The transaction is expected to close on June 1, 2026, subject to stockholder approval and customary closing conditions.
• 5mo ago AI analysis › Press Release
CECO Environmental Announces Upcoming Investor Conferences
CECO Environmental announced its management will participate in three upcoming investor conferences in May and June.
The conferences include the Craig-Hallum Institutional Investor Conference on May 28, and the Wells Fargo Industrials & Materials Conference and East Coast IDEAS Conference on June 11.
Presentation materials will be made available on the company's Investor Relations website.
• 5mo ago AI analysis › SEC Filing ⚠ 3
CECO: 10-Q · periodic report
CECO Environmental reported net sales of $205.9 million for the first quarter of 2026, an increase of 16.5% year-over-year, driven by execution on record backlog which grew to $1.04 billion. Despite the revenue growth, the company recorded a net loss of $0.4 million, a sharp decline from the prior year's $36.0 million net income, largely due to the absence of the $64.5 million gain recognized in 2025 from the sale of the Global Pump Solutions business.
The company is actively pursuing growth through a pending merger with Thermon Group Holdings, Inc., announced in February 2026, and supported by a significant expansion of its credit facility. In March 2026, CECO amended its credit agreement to increase the revolving facility to $740 million and added a $235 million term loan facility contingent on the merger closing.
However, the filing highlighted internal control deficiencies, as management disclosed that disclosure controls and procedures were not effective as of March 31, 2026. Identified material weaknesses include insufficient integration of the recently acquired Verantis Environmental Solutions Group and inconsistencies in balance sheet reconciliation controls.
SEC 10-Q • 5mo ago AI analysis › Press Release ● Major ⚠ 2
CECO Environmental Reports First Quarter 2026 Results
CECO Environmental reported strong first quarter results with orders increasing 97% year-over-year to $449.5 million and backlog surpassing $1 billion for the first time.
Driven by the record performance, the company raised its full-year 2026 guidance, now expecting revenue of $940 million to $1 billion and Adjusted EBITDA of $120 million to $140 million.
The pending merger with Thermon Group remains on track, with stockholder votes scheduled for late May and an expected closing in June.
• 5mo ago AI analysis › Recent SEC filings with analysis 
