GENCOR INDUSTRIES INC (GENC) Form 8-K — Jun 15, 2026
Gencor Industries reported Q2 FY2026 net revenue of $33.8 million, an 11.5% decline year-over-year, and net income of $3.8 million, a 37% drop from the prior year. The earnings miss was primarily driven by a $3.2 million increase in trade show expenses, which rose from $345,000 to $3.5 million, alongside lower contract equipment revenues due to seasonal timing. Despite the earnings decline, gross profit margins improved by 200 basis points to 31.7%, reflecting strong manufacturing execution. The company highlighted a record backlog of $60.5 million, more than double the $27.8 million reported in the prior year, citing continued flow of IIJA funding obligations to states.
Key figures
- Eps
- 0.26
- Revenue
- 33799000
- Net Income
- 3843000
- Total Debt
- 0
- Total Assets
- 237062000
- Cash Position
- 155100000
- Gross Proceeds
- 0
- Shares Outstanding
- 12339000
- Backlog
- 60500000
- Operating Income
- 4236000
- Net Working Capital
- 205200000
- Trade Show Expenses
- 3525000
- Gross Margin Percent
- 31.7
- Operating Margin Percent
- 12.5
Price after filing
Close on the filing date to close N calendar days later (from $14.81). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.