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.
Key figures
- Eps
- $0.36
- Revenue
- $205.9 million
- Guidance
- 2026 revenue $940 million - $1 billion, Adjusted EBITDA $120 million - $140 million
- Revenue Yoy
- 17 percent
- Orders
- $449.5 million
- Backlog
- $1,035.1 million
- Adjusted ebitda
- $20.4 million
AI analysis
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