Quarterly ResultJun 8, 2026, 07:16 AM
Graham Corp Reports Record FY26 Revenue of $245.3M; Backlog Hits $532.6M
AI Summary
Graham Corporation announced record fourth quarter and full-year fiscal 2026 results, with revenue increasing 13% and 17% respectively. The company achieved a record backlog of $532.6 million and a book-to-bill ratio of 1.5x, driven by strong demand across its core markets. Key strategic moves included the acquisition of FlackTek and a $50 million investment from T. Rowe Price. Graham also provided positive fiscal 2027 guidance, projecting continued growth in net sales and Adjusted EBITDA.
Key Highlights
- Graham Corporation reported record quarterly revenue of $67.1 million, a 13% increase year-over-year.
- Full-year fiscal 2026 revenue reached a record $245.3 million, up 17% from fiscal 2025.
- Quarterly net income per diluted share was $0.18, while full-year fiscal 2026 net income per diluted share was $1.12.
- Adjusted EBITDA for the full year fiscal 2026 increased 16% to $26.0 million.
- Record backlog of $532.6 million, up 29% year-over-year, driven by record full-year orders of $359 million (Book-to-Bill ratio of 1.5x).
- Completed the acquisition of FlackTek, establishing advanced mixing and materials processing as a third core technology platform.
- Provided fiscal 2027 guidance: Net Sales $285M-$295M, Adjusted EBITDA $35M-$40M.
- Received a $50 million investment from T. Rowe Price in Q1 FY27 to strengthen balance sheet and fund growth.
Price Impact
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