Ceco Environmental Corp. ( (CECO) ) has released its Q2 earnings. Here is a breakdown of the information Ceco Environmental Corp. presented to its investors.
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CECO Environmental Corp., headquartered in Addison, Texas, is a diversified industrial company that provides environmentally focused solutions to improve air and water quality, optimize emissions management, and enhance energy efficiency across various industrial sectors globally.
In its second quarter of 2025, CECO Environmental Corp. reported significant financial growth, highlighted by a 95% increase in orders and a 35% rise in revenue compared to the previous year. The company also achieved record-high quarterly revenue and backlog, driven by substantial orders in emissions management solutions for power generation projects.
Key financial metrics for the quarter include a gross profit margin of 36.2%, net income of $9.5 million, and an adjusted EBITDA of $23.3 million, marking a 45% increase from the previous year. Despite a decline in free cash flow, the company maintained strong operating income growth and expanded its market presence in industrial air, water, and energy transition sectors.
Looking ahead, CECO Environmental has raised its full-year revenue outlook to between $725 million and $775 million, reflecting a 35% growth rate. The company remains optimistic about its robust sales pipeline and record backlog, which support its confidence in achieving top-quartile growth and operating performance for the remainder of the year.