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Graham Corp. (GHM)
NYSE:GHM
Earnings Data
Report Date
Jun 04, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.29Last Year’s EPS
0.4Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call was positive: the company reported strong top-line growth (+21% revenue), significant profitability improvement (adjusted EBITDA +50%), a record backlog (+34% to $515.6M), raised full-year guidance, completed strategic acquisitions (Xdot and FlackTek) and continued capacity/test investments. Offsetting items include gross margin pressure (down 100 bps) from mix and lumpy material receipts, tariff impacts (~$1.0M–$1.5M), modest softness in large Energy & Process CapEx, and acquisition-related costs and contingent earn-outs. On balance the operational momentum, cash flow, liquidity and strategic M&A meaningfully outweigh the near-term margin and macro headwinds.Company Guidance
Strong Revenue Growth
Q3 revenue increased 21% year-over-year to $56.7 million, driven by timing of defense project milestones, contributions from new programs and continued growth across existing platforms.
Material Improvement in Profitability
Adjusted EBITDA rose 50% to $6.0 million with an adjusted EBITDA margin of 10.7%; year-to-date adjusted EBITDA margin of 10.8% (up 100 basis points YoY). Adjusted net income was $0.31 per diluted share (net income $0.25 per diluted share).
Record Backlog and Strong Bookings
Orders in the quarter were $71.7 million with a book-to-bill of 1.3x and backlog reached a record $515.6 million, up 34% year-over-year. Management expects ~35%–40% of backlog to convert to revenue in the next 12 months; roughly 85% of backlog is defense-related.
Raised Full-Year Guidance
Fiscal 2026 guidance was raised to revenue of $233 million–$239 million and adjusted EBITDA of $24 million–$28 million. At the midpoints, these represent increases of approximately 12% (revenue) and 16% (adjusted EBITDA) versus prior expectations.
Strategic Acquisitions and Technology Additions
Completed technology purchase of Xdot Bearing Technologies (adds patented foil-bearing tech to Barber-Nichols) and acquired FlackTek for a $35 million base price (85% cash/15% equity) with up to $25 million performance-based earn-out. FlackTek brings an estimated ~$30 million annual revenue run-rate, a large installed base and the MEGA production-scale mixing platform.
Healthy Aftermarket and End-Market Mix
Aftermarket sales totaled $10.8 million, up 11% year-over-year, demonstrating recurring demand from the installed base. Energy & Process sales increased $2.1 million (13%) and defense sales grew by $8.3 million in the quarter.
Solid Cash Flow and Liquidity Position
Ended the quarter with $22.3 million in cash and generated $4.8 million of operating cash flow in the quarter. Capital expenditures were $2.8 million. Revolving credit facility was expanded to $80 million in January, with only $20 million outstanding after the FlackTek acquisition.
Capacity and Test Infrastructure Investments
Completed key organic investments: Batavia Navy manufacturing facility ($17.6 million expansion supported by $13.5 million customer grant) and Arvada assembly/test renovation; new cryogenic test facility in Jupiter completed construction and is in commissioning. Automated welding and X-ray inspection capabilities coming online to support higher-rate production.
GHM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GHM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 06, 2026 | $73.75 | $83.24 | +12.87% |
Nov 07, 2025 | $62.14 | $62.36 | +0.35% |
Aug 05, 2025 | $57.43 | $46.97 | -18.21% |
Jun 09, 2025 | $42.00 | $44.66 | +6.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Graham Corp. (GHM) report earnings?
Graham Corp. (GHM) is schdueled to report earning on Jun 04, 2026, Before Open (Confirmed).
What is Graham Corp. (GHM) earnings time?
Graham Corp. (GHM) earnings time is at Jun 04, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GHM EPS forecast?
GHM EPS forecast for the fiscal quarter 2026 (Q4) is 0.29.