Quarterly ResultJun 12, 2026, 05:06 PM
GENCOR INDUSTRIES INC Q3 2026 Net Income Down 37% YoY to $3.84M
AI Summary
GENCOR INDUSTRIES INC (GENC) filed its 10-Q for the period ending March 31, 2026. The company reported a decrease in net revenue and net income for both the third quarter and the first six months of fiscal year 2026 compared to the prior year periods. Total assets, liabilities, and shareholders' equity all saw increases by the end of the reporting period. The filing also detailed changes in marketable securities, inventories, and contract assets/liabilities.
Key Highlights
- GENCOR INDUSTRIES INC reported Q3 2026 net revenue of $33.8M, down from $38.2M in Q3 2025.
- Q3 2026 net income was $3.84M ($0.26 EPS), a decrease from $6.10M ($0.42 EPS) in Q3 2025.
- For the six months ended March 31, 2026, net revenue was $57.4M, down from $69.6M in the prior year period.
- Six-month net income for 2026 was $7.29M ($0.50 EPS), compared to $9.91M ($0.68 EPS) in 2025.
- Total assets increased to $237.1M as of March 31, 2026, from $222.6M as of September 30, 2025.
- Total liabilities increased to $18.0M as of March 31, 2026, from $10.8M as of September 30, 2025.
- Shareholders' equity increased to $219.1M as of March 31, 2026, from $211.8M as of September 30, 2025.
Price Impact
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