The earnings call presented a strong quarter for Graham Corporation, with significant growth in revenue, backlog, and EBITDA. Strategic investments and partnerships are positioning the company well for future growth, particularly in the defense sector. However, concerns over tariff impacts and timing uncertainty in global projects slightly temper the positive outlook.

Company Guidance -

Q2 2026

During the Graham Corporation's first quarter fiscal year 2026 earnings call, the company presented robust financial guidance and key performance metrics. Revenue grew by 11% to $55.5 million, driven by strong sales in energy and process markets, notably refining, petrochemical, and new energy, alongside a 33% increase in aftermarket performance. The adjusted EBITDA rose by 33% year-over-year to $6.8 million, with a margin of 12.3% of sales. The company achieved a record backlog of $482.9 million, a 22% increase over the previous year, supported by a book-to-bill ratio of 2.3x. Approximately 35% to 40% of the backlog is expected to convert to revenue in the next 12 months. The defense sector, particularly U.S. Navy programs, showed strong momentum, with significant contract awards, including a $25.5 million follow-on order for the MK48 Mod 7 torpedo program and a $136.5 million contract for the Virginia-class submarine program. Additionally, Graham made strategic investments, including a new manufacturing facility to support U.S. Navy operations and a cryogenic testing facility, both expected to be operational soon. The company reiterated its fiscal 2026 guidance, anticipating 10% revenue growth and 12% adjusted EBITDA growth, aligning with its long-term targets for fiscal 2027 which include 8% to 10% organic revenue growth per year and low to mid-teen adjusted EBITDA margins.

Revenue Growth

Revenue increased 11% to $55.5 million, driven by strong performance across energy and process markets, including refining, petrochemical, and new energy sectors.

Record Backlog

Backlog reached a company record of $482.9 million, representing a 22% increase over the prior year, with a strong book-to-bill ratio of 2.3x.

Adjusted EBITDA Increase

Adjusted EBITDA increased 33% year-over-year to $6.8 million, with margins improving to 12.3% of sales.

Defense Sector Success

Secured a $25.5 million follow-on order for the MK48 Mod 7 torpedo program and a $136.5 million contract for the Virginia-class submarine program, strengthening position in defense sector.

Strategic Investments and Partnerships

Announced a $2.2 million investment from a defense customer and a $13.5 million investment for capacity expansion, along with strategic partnerships to advance technology and market position.

Gross Margin Improvement

Gross profit increased 19% to $14.7 million, and gross margin expanded by 170 basis points to 26.5%, driven by a favorable sales mix and improved execution.

Graham (GHM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GHM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 10, 2025	2026 (Q2)	0.28 / -	0.3	―	―	―
Aug 05, 2025	2026 (Q1)	0.23 / 0.42	0.27	55.56% (+0.15)
Jun 09, 2025	2025 (Q4)	0.18 / 0.40	0.12	233.33% (+0.28)
Feb 07, 2025	2025 (Q3)	0.10 / 0.14	0.02	600.00% (+0.12)
Nov 08, 2024	2025 (Q2)	0.12 / 0.30	0.04	650.00% (+0.26)
Aug 07, 2024	2025 (Q1)	0.15 / 0.27	0.25	8.00% (+0.02)
Jun 07, 2024	2024 (Q4)	0.04 / 0.12	-0.05	340.00% (+0.17)
Feb 05, 2024	2024 (Q3)	-0.04 / 0.02	0.03	-33.33% (>-0.01)
Nov 06, 2023	2024 (Q2)	-0.04 / 0.04	-0.02	300.00% (+0.06)
Aug 07, 2023	2024 (Q1)	-0.02 / 0.25	0.06	316.67% (+0.19)

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
Aug 05, 2025	$57.43	$46.97	-18.21%
Jun 09, 2025	$42.00	$44.66	+6.33%
Feb 07, 2025	$47.28	$39.69	-16.05%
Nov 08, 2024	$33.38	$39.07	+17.05%

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 Corporation (GHM) report earnings?

Graham Corporation (GHM) is schdueled to report earning on Nov 10, 2025, Before Open (Confirmed).

What is Graham Corporation (GHM) earnings time?

Graham Corporation (GHM) earnings time is at Nov 10, 2025, 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 (Q2) is 0.28.

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