Gorman-Rupp Reports Third Quarter 2026 Financial Results
Gorman-Rupp posted record Q3 2026 net sales of $193.3 million, up 11.8% year-over-year, with growth across every market segment including agriculture, construction, industrial, and fire suppression. Net income doubled to $22.7 million, or $0.86 per share, from $11.3 million ($0.43) a year ago; adjusted EPS was $0.86 vs $0.52, and record adjusted EBITDA rose 29.4% to $41.8 million at a 21.6% margin. Gross margin expanded 420 basis points to 33.4% on volume leverage, lapping of 2025 facility optimization costs, and lower LIFO expense.
Key figures
- Eps
- 0.86
- Revenue
- 193254000
- Guidance
- Full-year 2026 capital expenditures planned at approximately $22.0-$24.0 million
- Revenue Yoy
- 11.8%
- Backlog
- 236800000
- Ytd capex
- 14687000
- Net income
- 22711000
- Ytd revenue
- 555912000
- Adjusted eps
- 0.86
- Gross margin
- 33.4%
- Ytd net income
- 59983000
- Adjusted ebitda
- 41803000
- Ytd revenue yoy
- 7.8%
- Operating income
- 33901000
- Incoming orders yoy
- 2.2%
- Ytd adjusted ebitda
- 115532000
- Ytd incoming orders
- 562200000
- Adjusted ebitda margin
- 21.6%
- Adjusted eps prior year
- 0.52
- Ytd operating cash flow
- 114910000
- Total debt reduction ytd
- 58000000
AI analysis
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