Quarterly ResultAug 10, 2026, 09:26 AM
Gencor Q3 Net Revenue +25.3% to $33.8M; EPS $0.39
AI Summary
Gencor Industries reported a strong third quarter for 2026, with net revenue increasing by 25.3% to $33.8 million and net income surging by 48.5% to $5.68 million, resulting in diluted EPS of $0.39. However, the nine-month period showed a decline in both net revenue and net income by approximately 5.6% each. The company's total assets grew to $238.98 million, driven by an increase in marketable securities, while operating cash flows for the nine months decreased significantly.
Key Highlights
- Net revenue for Q3 2026 increased by 25.3% to $33.8 million compared to Q3 2025.
- Net income for Q3 2026 rose by 48.5% to $5.68 million from $3.83 million in Q3 2025.
- Diluted EPS for Q3 2026 was $0.39, up from $0.26 in Q3 2025.
- Net revenue for the nine months ended June 30, 2026, decreased by 5.6% to $91.18 million.
- Net income for the nine months ended June 30, 2026, decreased by 5.6% to $12.97 million.
- Total assets increased to $238.98 million at June 30, 2026, from $222.60 million at September 30, 2025.
- Cash flows provided by operating activities for the nine months decreased to $1.37 million from $3.34 million.
- Marketable securities increased to $137.91 million at June 30, 2026, from $109.71 million.
Price Impact
More from GENC