Gencor Releases Second Quarter Fiscal 2026 Results
Gencor reported Q2 fiscal 2026 revenue of $33.8 million, down from $38.2 million in the prior year, while net income fell 37% to $3.8 million due to delayed orders and higher trade show costs. Despite the top-line decline, gross profit margins improved to 31.7% and the company secured a record backlog of $60.5 million, more than doubling the prior year's figure.
Key figures
- Eps
- 0.26
- Revenue
- 33799000
- Backlog
- 60500000
- Net income
- 3843000
- Gross margin
- 31.7%
- Operating income
- 4236000
- Cash and securities
- 155100000
AI analysis
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